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About This Home

This 3-bedroom, 2-bathroom single family at 1927 E VELVET Drive in Tempe, AZ is listed for $462,500 ($332 per sqft). Built in 1985, the home offers 1,391 sqft of living space on a 0.11 acres lot.

Agent Description

Welcome to a wonderful opportunity in a vibrant Tempe community. This home offers vaulted ceilings, a spacious primary suite with en-suite bath, dual sinks, and walk-in closet, plus a detached 2-car garage with added storage cabinets. While the interior is ready for your personal updates, the big-ticket items are already done: new roof (2020), new water heater (2021), and brand-new AC (2025), and electrical (2025).

Enjoy a private backyard sitting area perfect for relaxing evenings. The community shines with RV/boat parking. Community area with a large pool and a shallow pool, walking paths, parks, and beautifully maintained common areas. Ideally located near Loop 101 with easy access to shopping and dining, this home offers lifestyle, location, and outstanding potential in one great home.

Key Features

  • Built in 1985
  • 0.11 acre lot
  • Fireplace

Property Details

1 story
2 full
1985

Amenities

FireplaceA/CRV Parking

Monthly Cost Estimate

$2,557/mo

20% down · 6.5% · 30 years

Principal$334
Interest$2,004
Insurance$135
HOA$83

Estimates only. Actual payments may vary.

Location

1927 E VELVET Drive

Tempe, AZ 85284

TEMPE ROYAL PALMS UNIT 19

Features & Amenities

Interior Features

Double VanityVaulted Ceiling(s)PantryLaminate Counters

Exterior Features

Storage

Property Details

Flooring

TileWood

Construction

Stucco Wood Frame

Parking

RV

Heating

Heat Pump (Heating)

Cooling

Central AirHeat Pump

Appliances

DryerWasherRefrigeratorDishwasherDisposalElectric OvenElectric Cooktop

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1927 E VELVET Drive is listed at $462,500 ($332/sqft). The estimated monthly payment is $2,087 based on 20% down at 6.5% interest.

HOA fees are $83/month.

Key features include: Built in 1985, 0.11 acre lot, Fireplace. Interior Features: Double Vanity, Vaulted Ceiling(s), Pantry. Exterior Features: Storage.

This property is listed by Hilary C Sutter and can be reached at 4802012963 or hilarys480@gmail.com.

HS

Hilary C Sutter

Agent at My Home Group Real Estate

(480) 201-2963

Listed by My Home Group Real Estate

MLS# 6997308· Source: listhub· Updated 29 days ago

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1927 E VELVET Drive, Tempe, AZ 85284

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