$515,000

718 W Paseo Way Tempe, AZ 85283

$6,116
Closing credit¹
4 beds
2 baths
2,109 sqft
0.2 acres
$244 / sqft
House

Property details

About 718 W Paseo Way

Welcome to this charming 4bed/2bath oasis in highly sought-after South Tempe. Step inside and be greeted by a warm and inviting atmosphere. The spacious open split floor plan includes not one, but two versatile Arizona rooms that can be utilized as a home office, a playroom, or an indoor gym! One of these rooms even comes with its own AC unit to keep you cool during those hot Arizona summers. This gem is just a stone's throw away from Kiwanis Park, making outdoor adventures and family picnics a breeze. Located in the esteemed Kyrene School District. The backyard is a true retreat, with low-maintenance artificial turf. this peaceful and quiet neighborhood is located less than 2 miles from freeways. AC Unit replaced in 2023! don't miss out on this south Tempe GEM!

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
Size2,109 sqft
Lot size0.21 Acres
Year built1985
ParkingAttch'd Gar Cabinets
MLS #6820626
Garage2 spaces
Fireplace1 Fireplace

Summary

  • MLS Number: 6820626
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Call Realty, Inc.
  • Office Phone: (480) 988-7100
  • Listing Agent: Donovan Henley

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively 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. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 5:21:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style house featuring stucco siding, an attached garage, and concrete driveway

$515,000

718 W Paseo Way

$6,116

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 06, 2023
Home Sold
$420,000
Mar 23, 2018
Home Sold
$295,000

Tax history

YearAssessmentProperty Tax
2024$39,300$1,752
2023$35,530$1,661
2022$26,730$1,726
2020$24,310$1,684
2019$21,650$1,576
2017$18,350$1,511

History based on county public records data.

Nearby schools

3

Wood Elementary School

Public District KG-5

0.5 mi

727 W Cornell Dr

2

Frank Elementary School

Public District KG-5

0.8 mi

8409 S Avenida Del Yaqui

3

Aguilar Elementary School

Public District PK-5

1.1 mi

5800 S Forest Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,218. Typical income of Tempe, AZ residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

14%
<35k
77%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

55%
Single, No Kids
12%
Single, with Kids
23%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
29%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • IKEAIKEA
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • ToyotaToyota

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 718 W Paseo Way

This home is located at 718 W Paseo Way in Tempe, AZ and zip code 85283 in the Tempe Royal Estates neighborhood. This 2,109 square foot home, which was built in 1985, sits on a 0.21 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $515,000.

Tempe, AZ housing market in February 2025 saw over 8 listings sold above listed price, more than 23 sold at listed price and over 64 sold below. In February 2025 in Tempe, AZ there were 8.8% more homes for sale than in January. The median list price of listings available in February 2025 was $485,159, while the average time on the real estate market was 61 days.

From Rocket Homes Real Estate and based on county public records data.

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