620 E Encanto Dr Tempe, AZ 85281
Downtown Tempe NeighborhoodEstimated payment $3,277/month
Highlights
- Above Ground Spa
- Property is near public transit
- 1 Car Direct Access Garage
- 0.16 Acre Lot
- No HOA
- Double Pane Windows
About This Home
Prime investment opportunity in the heart of Tempe with no HOA, just minutes from ASU, Gammage Auditorium, Mill Avenue, and Tempe Town Lake. This fully updated single-story 3-bedroom, 2-bath home is ideal for student housing, short-term rental, or long-term income potential. Featuring a newer shingle roof, newer dual-pane windows, fresh interior and exterior paint, updated lighting and plumbing fixtures, and modern finishes throughout. The renovated kitchen offers quartz countertops, updated cabinetry, and newer appliances, while both bathrooms have been tastefully remodeled. Durable luxury vinyl plank flooring and plush carpet provide low-maintenance appeal. The converted carport now serves as a true single-car garage with its own mini-split system, adding valuable flex space for storage The property also includes refreshed landscaping with low-maintenance synthetic turf, a storage shed, and a private spa for relaxation. With close proximity to light rail, Sky Harbor Airport, and major freeways, this location supports strong rental demand year-round. The home can also be sold fully furnished, offering a turnkey opportunity ready for immediate occupancy or rental income.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,585
Year Built
- Built in 1958
Lot Details
- 7,083 Sq Ft Lot
- Desert faces the front of the property
- Block Wall Fence
- Artificial Turf
Parking
- 1 Car Direct Access Garage
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- 1,547 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Breakfast Bar
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in unit
- Washer Hookup
Outdoor Features
- Above Ground Spa
- Patio
- Shed
Schools
- Broadmor Elementary School
- Connolly Middle School
- Tempe High School
Utilities
- Central Air
- Heating Available
- High Speed Internet
Additional Features
- North or South Exposure
- Property is near public transit
Listing and Financial Details
- Tax Lot 62
- Assessor Parcel Number 133-12-062
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
- University Heights Subdivision
Recreation
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,585 | $24,796 | -- | -- |
| 2024 | $2,372 | $23,616 | -- | -- |
| 2023 | $2,372 | $42,310 | $8,460 | $33,850 |
| 2022 | $2,632 | $30,630 | $6,120 | $24,510 |
| 2021 | $2,650 | $29,000 | $5,800 | $23,200 |
| 2020 | $2,570 | $27,310 | $5,460 | $21,850 |
| 2019 | $2,521 | $23,270 | $4,650 | $18,620 |
| 2018 | $2,459 | $21,230 | $4,240 | $16,990 |
| 2017 | $2,385 | $19,310 | $3,860 | $15,450 |
| 2016 | $2,369 | $19,650 | $3,930 | $15,720 |
| 2015 | $2,275 | $18,280 | $3,650 | $14,630 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/27/2026 02/27/26 | Price Changed | $595,000 | -4.8% | $385 / Sq Ft | |
| 02/12/2026 02/12/26 | For Sale | $625,000 | +21.4% | $404 / Sq Ft | |
| 04/06/2023 04/06/23 | Sold | $515,000 | 0.0% | $326 / Sq Ft | View Prior Sale |
| 03/14/2023 03/14/23 | Price Changed | $515,000 | -3.7% | $326 / Sq Ft | |
| 10/20/2022 10/20/22 | Price Changed | $534,900 | -2.7% | $339 / Sq Ft | |
| 10/11/2022 10/11/22 | Price Changed | $549,900 | -2.7% | $348 / Sq Ft | |
| 08/18/2022 08/18/22 | For Sale | $565,000 | +25.6% | $358 / Sq Ft | |
| 02/15/2022 02/15/22 | Sold | $450,000 | -4.3% | $314 / Sq Ft | View Prior Sale |
| 02/07/2022 02/07/22 | Pending | -- | -- | -- | |
| 02/03/2022 02/03/22 | Price Changed | $470,000 | -3.9% | $328 / Sq Ft | |
| 01/27/2022 01/27/22 | For Sale | $489,000 | 0.0% | $341 / Sq Ft | |
| 01/24/2022 01/24/22 | Pending | -- | -- | -- | |
| 01/21/2022 01/21/22 | For Sale | $489,000 | 0.0% | $341 / Sq Ft | |
| 08/19/2019 08/19/19 | Rented | $1,495 | 0.0% | -- | |
| 08/05/2019 08/05/19 | For Rent | $1,495 | +7.2% | -- | |
| 07/20/2018 07/20/18 | Rented | $1,395 | 0.0% | -- | |
| 06/15/2018 06/15/18 | For Rent | $1,395 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $515,000 | Ez Title | |
| Warranty Deed | $515,000 | Ez Title | |
| Special Warranty Deed | $455,000 | First American Title | |
| Warranty Deed | $450,000 | First American Title | |
| Special Warranty Deed | $455,000 | First American Title | |
| Warranty Deed | $400,000 | Silo Title Agency | |
| Warranty Deed | $190,000 | Stewart Title & Trust Of Pho | |
| Cash Sale Deed | $135,000 | Stewart Title & Trust | |
| Warranty Deed | $84,000 | Security Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $412,000 | New Conventional | |
| Closed | $412,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $344,400 | Commercial | |
| Previous Owner | $140,000 | New Conventional | |
| Previous Owner | $83,333 | FHA |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6983509
APN: 133-12-062
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.