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Sold for $645,000 on 04/30/24
  • $645,000

    7241 S Terrace Rd, Tempe, AZ 85283

    5beds
    3baths
    2,624sqft
    Single Family Residence
    Built in 1985
    8,786 Square Feet Lot
    $702,800 Zestimate®
    $246/sqft
    $3,094 Estimated rent

    Home value

    $702,800

    $654,000 - $752,000

    $3,094/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: July 28, 2025 at 03:12pm

    Listed by:

    Lisa Buhr 602-339-1939,

    HomeSmart Success

    Bought with:

    Jill M Stecker, SA541639000

    Coldwell Banker Realty

    Source: ARMLS,MLS#: 6679055MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Features
    • High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Carpet, Laminate, Tile
    • Has basement: No
    Interior area
    • Total structure area: 2,624
    • Total interior livable area: 2,624 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage Door Opener, Direct Access
    • Garage spaces: 3
    • Uncovered spaces: 3
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Has private pool: Yes
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 8,786 sqft
    • Features: Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back
    Details
    • Parcel number: 30191494

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Tile
    Condition
    • Year built: 1985
    Details
    • Builder name: KNOELL HOMES

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Community
    • Community features: Biking/Walking Path
    Location
    • Region: Tempe
    • Subdivision: GALLERIA

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $235 annually
    • Services included: Maintenance Grounds
    • Association name: Galleria
    • Association phone: 480-345-0046

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/30/2024Sold$645,000+4%$246/sqft
    Source: ARMLS #6679055 Report a problem
    3/27/2024Pending sale$620,000$236/sqft
    Source: ARMLS #6679055 Report a problem
    3/19/2024Listed for sale$620,000+254.5%$236/sqft
    Source: ARMLS #6679055 Report a problem
    8/17/1995Sold$174,900$67/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,262 +3.2%$51,660 -7.5%
    2024$4,131 +20%$55,830 +56.8%
    2023$3,442 +4.9%$35,614 -7.7%

    Find assessor info on the county website

    Neighborhood: 85283

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kyrene de los Ninos School
    • Middle: Kyrene Middle School
    • High: Marcos De Niza High School
    • District: Kyrene Elementary 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

    $702,800

    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

    $702,800