Welcome to this 4 bedroom, highly upgraded home — a rare gem on an oversized cul-de-sac lot, perfectly positioned less than 2 miles from ASU. This freshly painted home, inside and out, is perfect for a larger family or an investment opportunity for student housing as a long-term rental. Major updates include a new roof and sewer lines (2020), offering peace of mind for years to come. The expansive lot offers endless possibilities — plenty of room to add a pool, casita, or both, making it a standout in the neighborhood. Whether you're an investor looking for strong rental potential or a homeowner with future plans to expand, this property delivers on flexibility, location, and value. Don't miss your chance to own in one of Tempe's most desirable rental corridors! access to ASU, Sky Harbor Airport, Tempe Marketplace, Spring Training, major freeways, and more. A true turnkey gem with the perfect blend of style, function, and location!
Accepting backups
$659,000
1025 E Balboa Cir, Tempe, AZ 85282
4beds
2baths
2,020sqft
Est.:
Single Family Residence
Built in 1965
0.27 Acres Lot
$-- Zestimate®
$326/sqft
$-- HOA
What's special
Freshly painted homeExpansive lotOversized cul-de-sac lotNew roof
- 39 days
- on Zillow |
- 767 |
- 60 |
Zillow last checked: 7 hours ago
Listing updated: 12 hours ago
Listed by:
Jonathan L Lofrisco 443-367-1186,
LPT Realty, LLC,
Sarah Ruiz 480-695-6002,
LPT Realty, LLC
Source: ARMLS,MLS#: 6888423

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Features
- Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, 3/4 Bath Master Bdrm
- Flooring: Carpet, Laminate, Tile
- Windows: Double Pane Windows
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: 2 Fireplace, Family Room, Living Room
Interior area
- Total structure area: 2,020
- Total interior livable area: 2,020 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage Door Opener
- Garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Pool features: None
- Spa features: None
- Fencing: Block
Lot
- Size: 0.27 Acres
- Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Details
- Parcel number: 13332023
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: TEMPE ROYAL PALMS UNIT 1
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Tempe
Financial & listing details
- Price per square foot: $326/sqft
- Tax assessed value: $475,300
- Annual tax amount: $2,797
- Date on market: 7/3/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
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