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#: 6679055

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
| Date | Event | Price |
|---|---|---|
| 4/30/2024 | Sold | $645,000+4%$246/sqft |
Source: | ||
| 3/27/2024 | Pending sale | $620,000$236/sqft |
Source: | ||
| 3/19/2024 | Listed for sale | $620,000+254.5%$236/sqft |
Source: | ||
| 8/17/1995 | Sold | $174,900$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
- 7/10Kyrene de los Ninos SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Kyrene Middle SchoolGrades: 5-8Distance: 0.8 mi
- 6/10Marcos De Niza High SchoolGrades: 9-12Distance: 0.8 mi
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