1427 S Terrace Rd, Tempe, AZ 85281
$595,000
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Home Description
This spacious and beautiful 3-bedroom home in Tempe is an exceptional investment opportunity. Located just a 1/4 mile from ASU and close to the light rail. Currently leased at $2,795/month through July 31, 2025, it offers immediate rental income and long-term potential. Inside, you'll find tile flooring throughout the main areas and plush carpeting in all bedrooms. Each generously sized bedroom includes a private en-suite bathroom and a walk-in closet! The modern kitchen features sleek cabinetry, matching appliances, granite countertops, and pantry for extra storage. Step outside to a covered patio and a low-maintenance backyard—ideal for relaxing or entertaining. The home also sides to a community greenbelt, offering added privacy and a peaceful setting.
- Pool: None
- Spa: None
- Parking: Direct Access,Garage Door Opener
- Garage Spaces: 1.00
- Interior: 9+ Flat Ceilings,Full Bth Master Bdrm,Granite Counters,High Speed Internet,Upstairs
- Full Baths: 3
- Partial Baths: 1
- Fireplace: None
- Flooring: Carpet,Tile
- Other Rooms: Great Room
Available now at $595,000
- Construction: Stucco,Wood Frame
- Architecture: Other
- Lot: Desert Back,Desert Front
- Lot Sq Ft: 3153
- Water: City Water
- Tax Municipality: Tempe
- HOA 1 Fee: $99 Monthly
- HOA 1 Transfer Fee: $200
- Association Amenities: Management
Neighborhood
The average asking price of a 3 bedroom Tempe home in this zip code is
$468,000 (21.3% less than this home).
This home is priced at $353/sqft,
which is 5.1% less than similar homes
in the 85281 zip code.
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School Information
- District:Tempe Union High School District (High School), Tempe School District (Elementary)
- Elementary:Curry Elementary School
- Junior High:Connolly Middle School
- High School:McClintock High School
Financial
- Approx Payment:$2,894*
- Taxes:$2,960
Area Stats
These statistics are updated daily from the Metropolitan Phoenix Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(602) 761-1447 and speak with one of our real estate consultants.
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$628,558
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0.0%
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0.0%
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47
0.0%
31.9%
92
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13
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15.4%
145
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3
0.0%
33.3%
331
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60
1.7%
45.0%
94
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62
0.0%
45.2%
129
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30
0.0%
36.7%
274
$765,000
$765,000
1
0.0%
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49
$2,950,000
$2,950,000
1
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158
$627,842
$537,400
138
0.7%
42.8%
106
$1,950,000
$1,950,000
1
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100.0%
90
$9,330,746
$6,850,000
57
0.0%
31.6%
138
$729,606
$644,900
77
0.0%
37.7%
96
$1,130,788
$577,500
368
1.1%
41.3%
120
$637,500
$637,500
2
0.0%
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24
$4,182,484
$2,685,000
226
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$1,498,000
$1,498,000
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$3,090,000
$3,045,000
14
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14.3%
209
$912,450
$889,950
4
0.0%
0.0%
25
Listing Courtesy of Urban and Company.
For information or to schedule a viewing of this property (MLS# 6848532), call: 602-761-1447
1427 S Terrace Rd, Tempe AZ is a single family home of 1685 sqft and
is currently priced at $595,000
.
This single family home has 3 bedrooms.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Tempe, AZ.
D Bar L Ranchos, Marlborough Park Estates and Brownstone At Hyde Park are nearby neighborhoods.
MLS 6848532 has been posted on this site since 4/9/2025 (today).