1941 E Velvet Drive

Tempe, AZ
$ 560,000 Beds 3 Baths 2 Sq 1,457
Monthly Estimate* How much can I afford?

Elevated Tempe Living | Remodeled Corner-Lot Gem Beautifully remodeled and ideally located, this exceptional Tempe corner-lot home blends sophisticated finishes with effortless everyday living. Inside, enjoy smooth Level 5 walls, Acacia wood flooring throughout, a stunning remodeled kitchen with new cabinetry, custom drawer pullouts, appliance garage, quartz countertops and new appliances, plus completely remodeled bathrooms featuring an exquisite primary vanity and deep soaking tub. Additional upgrades include new light fixtures and fans, window coverings, baseboards, and an electric fireplace. Major systems are also updated with a 5-year-old roof and 1-year-old A/C. the flexible third bedroom is perfect for a home office or guest space. Outdoors, a private retreat awaits with a sparkling pool, covered ramada, built-in BBQ and outdoor fireplace--ideal for entertaining or relaxing year-round. Enjoy an unbeatable Tempe location close to major freeways and within walking distance of ASU Research Park, with shopping, dining and everyday conveniences nearby. Beautifully upgraded, perfectly positioned, and truly move-in ready--this is Tempe living at its best!

Active

  • Price
  • $ 560,000
  • City
  • Tempe
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARICOPA
  • Half Bathrooms
  • 0
  • Area
  • Tempe Royal Palms
  • Lot Size
  • 0.14 Acres
  • Zip
  • 85284
  • Sqr Footage
  • 1,457
  • Year Built
  • 1985
  • Taxes
  • $ 2415
  • Style
  • Residential
  • MLS#
  • 7069160
Listed By: HomeSmart; 602-230-7600
Data Source: Arizona Regional MLS (ARMLSN)

Features

General

Sewer Public Sewer
Heating Heat Pump
Cooling Central Air,Ceiling Fan(s),Programmable Thmstat
Utilities SRP
Possession Close Of Escrow
Roof Tile
HOA Fee 82.68
Garage Spaces 2.0
Association Fee Includes Maintenance Grounds
Pool Features Outdoor
Construction Materials Stucco,Wood Frame
Year Built 1985
Township 1S
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Pool,Biking/Walking Path
Assoc Fee Paid Per Monthly
County Maricopa
New Construction No
Property Type Residential
HOA Yes
Attached Garage No
Subdivision Name TEMPE ROYAL PALMS UNIT 19
Special Listing Conditions N/A
Status Active
Directions North on McClintock,East on Elliot,South on Los Feliz Drive,right/West on Velvet Drive. Home is on corner of Velvet Drive and Los Feliz Drive.
High School Corona Del Sol High School
City Tempe
Disclosures Seller Discl Avail
Association Name Tempe Royal Palms
High School District Tempe Union High School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 6168.0
Carport Spaces 0.0
Carport Y/N No
Spa Features None
Elementary School Kyrene de los Ninos School
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2415.0
Home Warranty Y/N No
Middle/Junior High School Kyrene Middle School
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Builder Name US Home Corporation
Standard Status Active
Occupancy Type Owner
Elementary School District Kyrene Elementary District
Tax Lot 112
MobileHomeRemainsYN No
New Financing: Conventional True
Senior Community No
New Financing: FHA True
Ttl Monthly Fee Equiv 82.68
New Financing Cash True
New Financing: VA True

Interior Features

Interior Amenities Quartz Countertops,High Speed Internet,Double Vanity,No Interior Steps,Vaulted Ceiling(s),Kitchen Island,Bidet,Full Bth Master Bdrm
Flooring Tile,Wood
Fireplace Features Exterior Fireplace,Living Room
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 3
LivingAreaSource Assessor
Total Baths 2
Bedrooms Possible 3
Other_sp_Rooms_co_Family_sp_Room True
Built-in Microwave True
Kitchen Island True

Exterior Features

Exterior Amenities Built-in Barbecue
Fencing Block
Parking Features Detached Garage,RV Access/Parking,Garage Door Opener,Rear Vehicle Entry
Lot Features North/South Exposure,Corner Lot,Desert Back,Desert Front,Synthetic Grass Back
Water Source City Water
Lot Size Area 6168.0
Spa No
Lot Size Acres 0.14
Road Surface Type Asphalt
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 2.0
Crops Included Y/N No
Road Responsibility City Maintained Road
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Gold Canyon, AZ office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Kyrene de los Ninos School Elementary School
Middle School Kyrene Middle School
High School Corona Del Sol High School

Price History

8/26/2026 Listed $560,000

Property vs Zip Code Average in 85284

Price
AVG $1.04M
$560K
Taxes
AVG $4,820
$2,415
Year Built
AVG 1988
1985
Visits
AVG 149
50
Data Provided by Inside Real Estate®

Areas That We Cover

1941 E Velvet Drive Tempe, AZ is a Single Family Home for sale at $560000 with 1457 sqft and a lot size of 0.14 Acres Acre(s). 1941 E Velvet Drive Tempe has 3 bedrooms, 2 baths and was built in 1985. The property's zip code is 85284 which is in Tempe, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.