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!
Sold for $533,000 on 10/08/25
$533,000
1427 S Terrace Rd, Tempe, AZ 85281
3beds
4baths
1,685sqft
Single Family Residence
Built in 2012
3,153 Square Feet Lot
$528,500 Zestimate®
$316/sqft
$2,866 Estimated rent
Home value
$528,500
$486,000 - $576,000
$2,866/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 09, 2025 at 01:07am
Listed by:
Fady Abuhmaidan 602-300-7332,
Urban and Company
Bought with:
Brock Blikre, SA670091000
My Home Group Real Estate
Source: ARMLS,MLS#: 6892320
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Features
- High Speed Internet, Granite Counters, Upstairs, 9+ Flat Ceilings, Full Bth Master Bdrm
- Flooring: Carpet, Tile
- Windows: Double Pane Windows
- Has basement: No
Interior area
- Total structure area: 1,685
- Total interior livable area: 1,685 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Direct Access
- Garage spaces: 1
- Uncovered spaces: 1
Features
- Stories: 2
- Patio & porch: Covered, Patio
- Spa features: None
- Fencing: Block
Lot
- Size: 3,153 sqft
- Features: Desert Back, Desert Front
Details
- Parcel number: 13309811
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame
- Roof: Tile
Condition
- Year built: 2012
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & neighborhood
Location
- Region: Tempe
- Subdivision: NEWBERRY TERRACE 2
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $99 monthly
- Services included: Maintenance Grounds, Front Yard Maint
- Association name: Newberry Terrace
- Association phone: 480-813-0300
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2025 | Sold | $533,000-2.2%$316/sqft |
Source:  ARMLS #6892320 | ||
| 9/19/2025 | Pending sale | $544,900$323/sqft |
Source: ARMLS #6892320 | ||
| 9/11/2025 | Price change | $544,900-0.9%$323/sqft |
Source: ARMLS #6892320 | ||
| 8/8/2025 | Listed for sale | $549,900-6%$326/sqft |
Source: ARMLS #6892320 | ||
| 5/6/2025 | Listing removed | $585,000$347/sqft |
Source: ARMLS #6848532 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,154 +7% | $41,450 -6.8% |
| 2024 | $2,947 +1.2% | $44,470 +85.5% |
| 2023 | $2,912 +3.8% | $23,968 -25.1% |
Find assessor info on the county website
Neighborhood: Jen Tilly Terrace
Nearby schools
GreatSchools rating
- 3/10Curry Elementary SchoolGrades: K-5Distance: 1.3 mi
- 4/10Connolly Middle SchoolGrades: 6-8Distance: 1.3 mi
- 8/10McClintock High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Curry Elementary School
- Middle: Connolly Middle School
- High: McClintock High School
- District: Tempe School District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$528,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$528,500