SOLD OCT 8, 2025

Off Market Oct 2025 for $533K

$551,982

Est. refi paymentEst. refi $3,427/mo

•

1,685

sq ft

1427 S Terrace Rd, Tempe, AZ 85281

About this home

Spacious 3-Bedroom 3.5-Bath Home Near ASU - Prime Investment Opportunity! Welcome to this beautifully maintained 3-bedroom, 3.5-bathroom home located just 1/4 mile from ASU and within close proximity to the light rail - an ideal location for students, professionals, or savvy investors. Inside, the home boasts tile flooring in the main living areas and plush carpeting in each bedroom for added comfort. Each generously sized bedroom offers the privacy of its own ensuite bathroom and features a walk-in closet perfect for roommates or guests. The modern kitchen features sleek cabinetry, granite countertops, and a pantry for extra storage. Step outside to enjoy a covered patio and a low-maintenance backyard, ideal for relaxing or entertaining.... The property also borders a peaceful community greenbelt, providing added privacy and a serene outdoor setting. Don't miss this rare opportunity to own a well-appointed home in one of Tempe's most desirable and convenient locations!

Single-familyProperty Type

2012Year Built

3,153 sq ftLot Size

$328Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Fady Abuhmaidan • Urban and Company

Bought with Brock Blikre • My Home Group Real Estate

Redfin checked: 3 minutes ago

•Source:ARMLS #6892320

Redfin Estimate

$551,982

$19K since sold in October 2025$1,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.2% higher than the average sale price ($505K) of 6 comparable homes.

SOLD JUN 11, 2026
$575,000
A
3 beds3.5 baths1,685 sq ft
1414 S Jessica Ln, Tempe, AZ 85281
SOLD MAY 19, 2026
$570,000
B
3 beds3.5 baths1,685 sq ft
1418 S Newberry Ln, Tempe, AZ 85281
SOLD AUG 14, 2026
$340,000
C
3 beds2 baths1,288 sq ft
1628 E EL Parque Dr, Tempe, AZ 85282
SOLD JUL 8, 2026
$475,000
D
3 beds2 baths1,590 sq ft
1233 E Broadmor Dr, Tempe, AZ 85282
SOLD JUL 10, 2026
$495,000
E
3 beds2 baths1,463 sq ft
1514 E Verlea Dr, Tempe, AZ 85282
SOLD JUN 12, 2026
$577,000
F
3 beds2 baths1,564 sq ft
1413 E Wesleyan Dr, Tempe, AZ 85282

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Earn from this home

Sell

$98,213

Est. take-home

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Refinance

Est. cash available

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Rent

$3,105/mo

Redfin rental estimate

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Market trends in 85281, AZ

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.0%

0.8% MoM

Median sale price

$435K

$15K MoM

Avg. days on market

57d

3 days MoM

Recently sold homes

5 MoM

New listings for sale

$329,000
2 beds2 baths1,160 sq ft
1111 W University Dr #2011, Tempe, AZ 85281
$310,000
2 beds2 baths960 sq ft
1215 E Lemon St #107, Tempe, AZ 85281
$699,000
3 beds1.5 baths1,581 sq ft
38 W Thomas Ln, Tempe, AZ 85281
$399,999
3 beds3 baths1,310 sq ft
2089 E Don Carlos Ave, Tempe, AZ 85281
3D WALKTHROUGH
$525,000
3 beds2 baths1,760 sq ft
1006 S Siesta Ln, Tempe, AZ 85281
$750,000
4 beds4 baths— sq ft
908 S Mariana St, Tempe, AZ 85281
3D WALKTHROUGH
$278,000
2 beds1.5 baths984 sq ft
1055 W 5th St #10, Tempe, AZ 85281
$580,000
3 beds2.5 baths1,628 sq ft
1120 S Ash Ave #1007, Tempe, AZ 85281
OPEN TODAY, 11AM TO 2PM
$565,000
4 beds2 baths1,766 sq ft
726 W 19th St, Tempe, AZ 85281
$499,900
4 beds3 baths1,836 sq ft
1012 S Price Rd, Tempe, AZ 85281
See all

Provided by Redfin

Sale history for 1427 S Terrace Rd

Date

Event

Price

ARMLS #6892320

Oct 8, 2025

Sold

$533,000

$316/sq ft

Sep 19, 2025

Pending

—

Sep 11, 2025

Price Changed

$544,900

$323/sq ft

Aug 8, 2025

Listed

$549,900

$326/sq ft

ARMLS #6848532

May 6, 2025

Listing Removed

—

Apr 24, 2025

Price Changed

$585,000

$347/sq ft

Apr 9, 2025

Relisted

—

Apr 9, 2025

Listing Removed

—

Apr 9, 2025

Listed

$595,000

$353/sq ft

ARMLS #4736210

Aug 7, 2012

Sold

$253,827

$151/sq ft

May 4, 2012

Pending

—

Mar 28, 2012

Contingent

—

Mar 28, 2012

Listed

$235,900

$140/sq ft

ALL LOTS ARE SOLD WE CAN ONLY TAKE BACK-UP OFFERS - NEW HOME MODEL FOR THE SUBDIVISION - TAKING LOT RESERVATIONS FOR JUNE/JULY DELIVERY - 3 BEDROOM/3.5 BATH - LOCATION, LOCATION, LOCATION - 3 BLOCKS TO ARIZONA STATE - 2 BLOCKS LIGHTRAIL - ORBIT(TEMPE'S BLUE BUSES) STOPS IN FRONT - FLOORPLAN IS DESIGNED W/ROOMATES IN MIND. UPSTAIRS - 3 BEDROOMS W/ ''EN-SUITE'' BATHS & WALK-IN CLOSETS ALSO A LAUNDRY - DOWNSTAIRS IS A GREAT ROOM & KITCHEN - NEW HOME 2/10yr. WARRANTY - GREAT INVESTMENT OPPORTUNITY - CALL FOR AN APPOINTMENT *** OR YOU COULD BUY AN OLD 1950'S HOME AND DEAL WITH THE PROBLEMS ***

Public Records

Nov 16, 1998

Sold

$76,000

$45/sq ft

Public Records

Sep 10, 1997

Sold

$53,000

$31/sq ft

Public Records

Oct 4, 1995

Sold

$44,000

$26/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,167 (+7.0%)

2024

$2,960 (+1.2%)

2023

$2,924 (+4.2%)

2022

$2,805 (−0.7%)

$6,400 + $25,620

$32,020

2021

$2,825 (+3.1%)

$6,070 + $24,300

$30,370

2020

$2,739 (+1.9%)

$5,890 + $23,590

$29,480

2019

$2,687 (+2.5%)

$5,570 + $22,290

$27,860

2018

$2,620 (+3.1%)

$5,570 + $22,290

$27,860

2017

$2,542 (+0.7%)

$5,430 + $21,750

$27,180

2016

$2,524 (+4.1%)

$5,440 + $21,790

$27,230

2015

$2,425 (−8.8%)

$5,180 + $20,720

$25,900

2014

$2,658 (+28.7%)

$4,240 + $16,990

$21,230

2013

$2,065 (+608.2%)

$2,730 + $10,930

$13,660

2012

$292

Tax history for 1427 S Terrace Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,167 (+7.0%)

2024

$2,960 (+1.2%)

2023

$2,924 (+4.2%)

2022

$2,805 (−0.7%)

$6,400 + $25,620

$32,020

2021

$2,825 (+3.1%)

$6,070 + $24,300

$30,370

2020

$2,739 (+1.9%)

$5,890 + $23,590

$29,480

2019

$2,687 (+2.5%)

$5,570 + $22,290

$27,860

2018

$2,620 (+3.1%)

$5,570 + $22,290

$27,860

2017

$2,542 (+0.7%)

$5,430 + $21,750

$27,180

2016

$2,524 (+4.1%)

$5,440 + $21,790

$27,230

2015

$2,425 (−8.8%)

$5,180 + $20,720

$25,900

2014

$2,658 (+28.7%)

$4,240 + $16,990

$21,230

2013

$2,065 (+608.2%)

$2,730 + $10,930

$13,660

2012

$292

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3,153 Sq. Ft.

Year renovated

—

Sq. Ft.

1,685

Year built

2012

Style

Single Family Residential

County

Maricopa County

APN

13309811

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 7, 2026.

R-4

Multi-Family Residential General District

The residential districts are designed to provide neighborhoods with a range of housing densities. The differences in these housing densities and regulations are intended to support the varying lifestyles of the city's residents. The districts provide for a range of residential habitation including rural-agricultural, single-family, multi-family, mobile home, and combinations thereof, together with home occupations, schools, parks, and public services necessary for neighborhood living.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Housing-Multiple units
Educational / school
Park & open space

Property details

Parking

Parking Information
Open Parking Spaces: 1
Covered Spaces: 1
Parking Features: Garage Door Opener, Direct Access

Garage Information
Garage Spaces: 1

Interior

Kitchen Information
Built-in Microwave: Yes
Range Oven Electric: Yes

Bathroom Information
Bathrooms Full: 3
Bathrooms Half: 1
Bathrooms (Total Integer): 4

Bedroom Information
Bedrooms (Possible): 3

Heating & Cooling
Has Heating
Cooling: Central Air, Ceiling Fan(s)
Has Cooling
Heating: Natural Gas

Interior Features
Appliances: Refrigerator, Dishwasher, Disposal
Interior Features: High Speed Internet, Granite Counters, Upstairs, 9+ Flat Ceilings, Full Bth Master Bdrm
Window Features: Dual Pane
Flooring: Carpet, Tile
LaundryFeatures: Inside

Exterior

Exterior Features
Construction Materials: Stucco, Wood Frame
Fencing: Block
Roof: Tile

Property Information
Ownership: Fee Simple
Property Sub Type: Single Family Residence

Lot Information
Lot Size Area: 3,153
Lot Size Source: Assessor
Lot Features: East/West Exposure, Desert Back, Desert Front

Building Information
Building Area Source: Assessor

Financial

Tax Information
Tax Annual Amount: $2,960
Tax Year: 2024

Financial Information
Conventional

Location

HOA Information
Has Association
Association Fee: $99
Association Fee Frequency: Monthly
Association Fee Includes: Maintenance Grounds, Front Yard Maint

School Information
Middle Or Junior School: Connolly Middle School
High School: McClintock High School
High School District: Tempe Union High School District
Elementary School: Curry Elementary School
Elementary School District: Tempe School District

Location Information
Directions: N On Rural, Four Blocks To Spence. East On Spence 5 Blocks To Stop Sign,- South/Right into complex. On Terrace. Located On East Side Of The Street

Utility Information
Sewer: Public Sewer

Public facts

Beds: —
Baths: 4.0
Sq. Ft.: 1,685
Stories: 2.0
Lot Size: 3,153 square feet
Style: Single Family Residential
Year Built: 2012
Year Renovated: —
County: Maricopa County
APN: 13309811

Home facts updated by county records on May 7, 2026

Other

Listing Information
Water Source: City Water

Around this home

Schools

Curry Elementary School

Public K-5 • Assigned • 1.3mi

4/10

Connolly Middle School

Public 6-8 • Assigned • 1.3mi

3/10

McClintock High School

Public 9-12 • Assigned • 1.2mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

5/10 Flood Factor

Estimated 19-29% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

9/10 Heat Factor

7 days above 111° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Tempe, AZ • 85281

Average low and high temperatures (°F)

105

106

107

102

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 13.5 hours in June and 7.7 hours in December, placing it above the U.S. average for solar exposure.

13.5 hrs

7.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$525,000 – $635,000

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Home values near 1427 S Terrace Rd

Data from public records.

Address	Redfin Estimate
1441 S Terrace Road, Tempe, AZ 3 Beds \| 3.5 Baths \| 1685 Sq. Ft.	$521,190
1428 S Terrace Road, Tempe, AZ 3 Beds \| 3.5 Baths \| 1685 Sq. Ft.	$515,887

Address	Redfin Estimate
1445 S Terrace Road, Tempe, AZ - Beds \| 4 Baths \| 1685 Sq. Ft.	$541,772
1411 S Terrace Road, Tempe, AZ 3 Beds \| 3.5 Baths \| 1685 Sq. Ft.	$535,375

Address	Redfin Estimate
1429 S Terrace Road, Tempe, AZ 3 Beds \| 3.5 Baths \| 1685 Sq. Ft.	$556,780
1416 S Terrace Road, Tempe, AZ 3 Beds \| 3.5 Baths \| 1685 Sq. Ft.	$555,099

Property information provided by ARMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 85281, AZ

Sale history for 1427 S Terrace Rd

Tax history for 1427 S Terrace Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 85281

Home values near 1427 S Terrace Rd

More real estate resources