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
(317) 373-0153 and speak with one of our real estate consultants.
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47
0.0%
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0.0%
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144
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0.0%
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330
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0.0%
45.2%
128
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30
0.0%
36.7%
274
$765,000
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1
0.0%
0.0%
48
$2,950,000
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1
0.0%
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157
$642,339
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142
0.7%
43.7%
106
$1,950,000
$1,950,000
1
0.0%
100.0%
89
$9,330,746
$6,850,000
57
0.0%
31.6%
137
$728,557
$647,400
80
0.0%
37.5%
94
$1,121,064
$575,000
374
1.1%
41.7%
119
$637,500
$637,500
2
0.0%
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24
$4,184,609
$2,745,000
229
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34.5%
196
$1,498,000
$1,498,000
1
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309
$3,090,000
$3,045,000
14
0.0%
14.3%
208
$912,450
$889,950
4
0.0%
0.0%
24
Listing Courtesy of Urban and Company.
For information or to schedule a viewing of this property (MLS# 6848532), call: 317-373-0153
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.
Marlborough Park Estates, Brownstone At Hyde Park and Tempe Terrace are nearby neighborhoods.
MLS 6848532 has been posted on this site since 4/9/2025 (today).