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1107 E BALBOA Drive, Tempe, AZ, 85282

5beds
2baths
2,299sqft
$535,000
$233price/sqft
$3,277/moest. monthly cost
$131,080/yrincome needed

About This Home

No HOA, Move-in ready 5 bed, 2 bath, 2,300 sq ft in a fantastic Tempe location just minutes from ASU! Fresh interior paint, new flooring, updated lighting & Ceiling Fans, and a remodeled primary bathroom make this home shine. The kitchen features beautiful solid wood maple cabinets right off 2 dining areas. An enclosed patio adds valuable living space perfect for a family room, game room, office, or hobby area. Enjoy the covered patio, grassy backyard, storage shed, front patio finished with Pavers, and a 2 car garage. Conveniently located near shopping, dining, parks, major freeways, and Arizona State University. A wonderful opportunity to own an updated home with room to grow in one of Tempe's most desirable locations.

Getting Around

53
WalkingSomewhat Walkable
49
TransitSome Transit
76
BikeVery Bikeable

Schools

3/10
Connolly Middle SchoolGrades 6-81.3 mi
8/10
McClintock High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1966

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Slump Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Refrigerator,Built-in Microwave,Dishwasher,Disposal,Electric Range,Electric Oven
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • High Speed Internet,Double Vanity,No Interior Steps,3/4 Bath Master Bdrm,Laminate Counters
  • Window features: Single Pane,Screens
  • Flooring: Laminate,Tile
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat Pump,Forced Air,Electric
  • Cooling features: Heat Pump,Central Air,Ceiling Fan(s),Programmable Thmstat

Interior Area

  • Total structure area: 2,299
  • Total interior livable area: 2,299 sqft

Property

Accessibility

  • Accessibility features: Bath Grab Bars,Accessible Hallway(s)

Details

  • Parcel number: 13332208

Features

  • Stories: 1
  • Patio & porch: Covered
  • Exterior features: Storage
  • Spa features: None
  • Fencing: Back Yard,Block

Lot

  • Lot size: 8,355 sqft
  • Features: North/South Exposure,Sprinklers In Rear,Sprinklers In Front,Desert Front,Gravel/Stone Front,Grass Back,Auto Timer H2O Front,Auto Timer H2O Back

Parking

  • Total spaces: 5
  • Parking features: Attached,Garage Door Opener,Storage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High

How This Home’s Risks Compare

Heat Wave
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,705$32,460
Home Insurance $133$1,596
Property Taxes $196$2,352
Electricity $243$2,921
Total$3,277$39,324

Income You'd Need if You Spent...

35% on housing$112,354/yr
40% on housing$98,310/yr
45% on housing$87,386/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$233This listing

vs Other Active Listings

Avg $/sqft

ZIP 85282$190
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85282$303
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Contingent$535,000
2026-08-01Listed for sale$535,000

For Sale by Agent

AgentAnne Collins
BrokerageeXp Realty

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