$575,000
316 E Broadway Lane
Tempe, AZ 85282
MLS# 6721817
Status: UCB (Under Contract-Backups)
3 beds  |  2 baths
Originally built in 1954, this home has all of the original architecture and mid-century charm!
  1 / 15  
Originally built in 1954, this home has all of the original architecture and mid-century charm! The home has many original details throughout including a redwood tongue and groove ceilings, wood burning fireplace, and picturesque windows. The stunning, vaulted redwood tongue and groove ceilings definitely give this home lots of character. The home has a welcoming courtyard filled with original design elements. The spacious backyard has lots of greenspace and mature vegetation, perfect for pets and children. The home has a bedroom with wet bar that opens to front courtyard. This could easily become an office or attached guest casita. This home has been stripped of personal items and carpet and is ready for the remodel to begin. The flex space is off the great room and has vaulted ceilings and a glass slider that opens to the backyard patio. This space could make a great game or movie room. The great room is generous in size and anchors the home. The front yard has a paved walkway, stunning eucalyptus tree and several private patio spaces. Large windows from the great room look out over the covered patio. The backyard patios offer shaded and uncovered areas for relaxing, and lush, mature plants and trees. This home has plenty of green space, areas to add garden beds, a pool or even a detached casita for guests. The home has several private courtyards, perfect for creating an outdoor meditation area, workout space or private garden space. Close to ASU, Tempe Beach Park, local shopping, dining, recreation, and freeways 202, 10 and 143.

Property Description
THIS ONE WILL NOT LAST LONG - RUN DON'T WALK! Calling all investors and flippers, this property is located within walking distance to ASU, and offers endless opportunities. It is perfect for a spec builder that wants an exceptional flip opportunity, an investor that is looking to add to their rental portfolio or it can be converted into a mid-century modern masterpiece for an end user that intends to create their custom, dream home. This charming, single-story home boasts a flexible floor plan and a lot of updating options. The vaulted redwood tongue and groove ceilings along with an abundance of natural light are the perfect combination for updated inspiration. This house has 3 bedrooms (it can easily be converted to a 4 bedroom for a rental property) and 2 full baths with ample

Details
Maps
Contract Information
Status Change Date: 2024-06-24
List Price: $575,000
Status: UCB (Under Contract-Backups)
Current Price: $575,000
List Date: 2024-06-20
Type: ER
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
House Number: 316
Compass: E
Street Name: Broadway
St Suffix: Lane
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85282
Country: USA
County Code: Maricopa
Assessor's Map #: 15
Assessor's Parcel #: 37
Assessor Number: 133-15-037
Subdivision: University Terrace
Tax Municipality: Tempe
Taxes: 1927
Tax Year: 2023
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
# Bathrooms: 2
Approx SQFT: 1947
Price/SqFt: 295.33
Horses: N
Builder Name: Unknown
Year Built: 1954
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 8607
Approx Lot Acres: 0.198
Pool: None
Elementary School: Broadmor Elementary School
Jr. High School: Connolly Middle School
High School: Tempe High School
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Remarks & Misc
Cross Street: Broadway Rd. and College Ave.
Directions: Head west on Broadway Rd from intersection at Rural, right on College, right on E Encanto Drive that turns into S El Camino Drive, bear left on E Broadway Lane (feeder street) next to E Broadway Rd.
Geo Lat: 33.407795
Geo Lon: -111.932945
Status Change Info
UCB or CCBS: UCB (Under Contract-Backups)
Legal Info
Lot Number: 35
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: Y
Parking Spaces
Garage Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 602-803-2293
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Ranch
Master Bathroom: 3/4 Bath Master Bdrm
Additional Bedroom: Separate Bedroom Exit
Fireplace: 1 Fireplace
Flooring: Concrete
Pool Features: No Pool
Spa: None
Community Features: Historic District
Dining Area: Dining in LR/GR
Kitchen Features: Range/Oven Gas; Built-in Microwave; Refrigerator; Pantry
Laundry: Washer Included; Dryer Included; In Garage
Features: Fix-Up Needs Repair; Vaulted Ceiling(s); Wet Bar; No Interior Steps
Technology: Cable TV Avail; High Speed Internet Available
Exterior Features: Patio; Storage
Parking Features: Dir Entry frm Garage; Electric Door Opener
Road Responsibility: City Maintained Road
Construction: Block
Const - Finish: Painted; Other (See Remarks)
Roofing: Foam
Cooling: Refrigeration; Ceiling Fan(s)
Heating: Electric
Plumbing: Gas Hot Water Heater
Utilities: APS; SW Gas
Water: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block; Other
Property Description: North/South Exposure; Alley
Landscaping: Desert Front; Desert Back; Grass Back; Yrd Wtring Sys Front; Auto Timer H2O Front; Irrigation Back
Lockbox Type: See Private Remarks; None
Possession: By Agreement
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Supplements
closet space. There is even a wood burning fireplace. Perched upon a generous shaded lot, with mature trees and plenty of space to expand, this home has a lot of character and curb appeal. It has various patio spaces, a two-car garage and enjoys easy access to ASU, shopping, dining and the major highways.

Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: June - 25 - 2024

316 E Broadway Lane, Tempe, AZ 85282 - MLS# 6721817
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Search powered by FBS Products