Come see this spacious 5bed/3ba home ideally situated on a cul-de-sac lot in an established neighborhood. The kitchen has new SS appliances, an island, and breakfast bar. The floorplan features a bedroom and full bath downstairs-perfect for guests, multi-generational living or an office. Upstairs, the beautifully updated primary suite offers a luxurious retreat with modern finishes, including a freestanding tub, walk-in shower, dual sink vanity, and walk-in closet. Other features of the home are vaulted ceilings, formal dining room, wet bar, new carpeting, 3 car garage with built-in cabinets, and a new water heater installed in 2025. Step outside to a sparkling pool, large covered patio, and dedicated sitting area, Conveniently located near ASU, dining, shopping, and major freeways. Enjoy a nearby park and walking paths in the community. Don't miss your chance to own this home! Other home features: Kitchen cabinets have pull out, soft close drawers Primary suite has a large storage room off the bathroom
Est. $3,505 per month, based on comparable rentals
Sale and tax history for 7241 S Terrace Rd
Sale History
Tax History
Date
Event
Price
ARMLS #7043432
Jul 22, 2026
Sold
$695,000
$265/sq ft
Jun 20, 2026
Pending
—
Jun 18, 2026
Listed
$695,000
$265/sq ft
ARMLS #6679055
Apr 30, 2024
Sold
$645,000
$246/sq ft
Mar 27, 2024
Pending
—
Mar 18, 2024
Listed
$620,000
$236/sq ft
+48
Location, location, location! This Cul de Sac home has SOOO much potential.. dream home is within reach! This 5-bed (one full bedroom & bathroom downstairs!), 3-bath home features a 3-car garage and a well-maintained front/back yard. The formal living/dining room showcases vaulted ceilings, plantation shutters, carpet/tile flooring, and an elegant wet bar. Eat-in kitchen, Corian counters, nice cabinets, built-in appliances, and a center island. The main bedroom boasts a large ensuite with dual sinks and a walk-in closet (hidden storage rm behind mirror!). Outside, the backyard includes a covered patio, low-maintenance artificial turf, and a sparkling pool. Home is priced much lower than comps, it needs some updating, but the bones are good! See list of updates!
Public Records
Aug 17, 1995
Sold
$174,900
$67/sq ft
Public Records
Oct 26, 1987
Sold
$163,000
$62/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,281 (+3.2%)
2024
$4,150 (+19.9%)
2023
$3,460 (+5.5%)
2022
$3,280 (−3.8%)
$7,720 + $30,880
$38,600
2021
$3,408 (+2.4%)
$7,120 + $28,490
$35,610
2020
$3,327 (+3.3%)
$6,850 + $27,400
$34,250
2019
$3,222 (+3.5%)
$6,570 + $26,310
$32,880
2018
$3,113 (+4.3%)
$6,570 + $26,310
$32,880
2017
$2,985 (−1.4%)
$5,910 + $23,640
$29,550
2016
$3,026 (+8.2%)
$6,080 + $24,320
$30,400
2015
$2,796 (+4.4%)
$5,530 + $22,140
$27,670
2014
$2,677 (+10.5%)
$4,630 + $18,520
$23,150
2013
$2,422 (+2.5%)
$4,170 + $16,700
$20,870
2012
$2,364 (−6.1%)
$4,450 + $17,800
$22,250
2011
$2,516 (+4.0%)
$4,970 + $19,880
$24,850
2010
$2,420 (−5.0%)
$5,660 + $22,660
$28,320
2009
$2,547
$6,830 + $27,320
$34,150
Public record
Public record
Zoning
Beds
—
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
8,786 Sq. Ft.
Year renovated
—
Sq. Ft.
2,624
Year built
1985
Style
Single Family Residential
County
Maricopa County
APN
30191494
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 28, 2026.
R1-7
Single-Family Residential 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
Office-Other
Educational/school
Park & open space
Property details
Parking
Parking Information
Open Parking Spaces: 3
Covered Spaces: 3
Parking Features: Garage Door Opener, Direct Access
Garage Information
Garage Spaces: 3
Interior
Kitchen Information
Built-in Microwave: Yes
Kitchen Island: Yes
Non-laminate Counter: Yes
Pantry: Yes
Bathroom Information
Bathrooms Full: 3
Bathrooms (Total Integer): 3
Bedroom Information
Bedrooms (Possible): 5
Heating & Cooling
Has Heating
Cooling: Central Air, Ceiling Fan(s)
Has Cooling
Heating: Electric
Interior Features
Appliances: Refrigerator, Dishwasher, Disposal
Interior Features: Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
Flooring: Carpet, Laminate, Tile
LaundryFeatures: Inside
Exterior
Pool Information
Private Pool
Exterior Features
Construction Materials: Stucco, Wood Frame, Painted
Fencing: Block
Roof: Tile
Property Information
Ownership: Fee Simple
Property Sub Type: Single Family Residence
Lot Information
Lot Size Area: 8,786
Lot Size Source: Assessor
Lot Features: Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back
Building Information
Building Area Source: Assessor
Financial
Tax Information
Tax Annual Amount: $4,281
Tax Year: 2025
Location
HOA Information
Has Association
Association Fee: $278
Association Fee Frequency: Annually
Association Fee Includes: Maintenance Grounds
School Information
Middle Or Junior School: Kyrene Middle School
High School: Marcos De Niza High School
High School District: Tempe Union High School District
Elementary School: Kyrene de los Ninos School
Elementary School District: Kyrene Elementary District
Location Information
Directions: Head east on E Elliot Rd, Turn left onto S Rita Ln, Turn right onto S Terrace Rd, Turn left to stay on S Terrace Rd, Property will be on the right
Community Information
Community Features: Biking/Walking Path
Utility Information
Sewer: Public Sewer
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 2,624
Stories: 2.0
Lot Size: 8,786 square feet
Style: Single Family Residential
Year Built: 1985
Year Renovated: —
County: Maricopa County
APN: 30191494
Home facts updated by county records on Jul 28, 2026
Other
Listing Information
Water Source: City Water
Around this home
49/100 Car-Dependent38/100 Some transit67/100 Bikeable
Schools
Places
Transit
Kyrene de los Ninos School
Public PreK-5 • Assigned • 0.2mi
7/10
Kyrene Middle School
Public 4-8 • Assigned • 0.7mi
4/10
Marcos De Niza High School
Public 9-12 • Assigned • 0.8mi
5/10
Provided by GreatSchools
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 • 85283
Average low and high temperatures (°F)
70
45
79
52
85
58
87
62
95
70
106
79
108
84
108
85
103
79
93
66
78
52
75
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$679,000 – $821,000
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