1427 S TERRACE Road, Tempe, AZ 85281

$533,000
Property Type: Residential Bedrooms: 3 Baths: 3.5 Square Footage: 1,685 Lot Size (sq. ft.): 3,153 Status: Closed
Current Price: $533,000 List Date: 8/08/2025 Last Modified: 4/09/2026

Overview

Description

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....

Supplements: 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!

Listing Details MLS# 6892320

Location, Tax & Legal

House Number
1427
Compass
S
Street Name
TERRACE
St Suffix
Road
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
5815
Country
US
County Code
Maricopa
Assessor Number
133-09-811
Subdivision
NEWBERRY TERRACE 2
Tax Year
2024

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
2
# of Interior Levels
2
# Bedrooms
3
Full Bathrooms
3
Half Bathrooms
Yes
Total Bathrooms
3.5
Approx SQFT
1685
Price/SqFt
316.32
Horses
N
Builder Name
Uknown
Year Built
2012
Approx Lot SqFt
3153
Approx Lot Acres
0.072
Flood Zone
No
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Curry Elementary School
Jr. High School
Connolly Middle School
High School
McClintock High School

Remarks Misc

Cross Street
APACHE AND RURAL
Directions
N On Rural, Four Blocks To Spence. East On Spence 5 Blocks To Stop Sign,- South/Right into complex. On Terrace. Located On East Side Of The Street

Status Change Info

Off Market Date
2025-09-19
Under Contract Date
2025-09-18
Close of Escrow Date
2025-10-08

Legal Info

Township
1N
Range
4E
Section
23
Lot Number
Yes

More Information

Basement

Basement Y/N
N

Parking Spaces

Garage Spaces
Yes
Slab Parking Spaces
Yes
Total Covered Spaces
Yes

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Special Listing Cond: N/A Architecture: Other Master Bathroom: Full Bth Master Bdrm Master Bedroom: Upstairs Additional Bedroom: Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet Flooring: Carpet; Tile Window Features: Dual Pane Spa: None Dining Area: Dining in LR/GR; Dining in FR; Other (See Remarks) Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters Laundry: Washer Included; Dryer Included; Inside Other Rooms: Great Room Interior Features: 9+ Flat Ceilings Technology: 3+ Exist Tele Lines; High Speed Internet Exterior Features: Covered Patio(s); Patio Parking Features: Direct Access; Garage Door Opener Construction: Wood Frame Const - Finish: Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Natural Gas Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: East/West Exposure Landscaping: Desert Front; Desert Back Showing Notification Methods: Text Lockbox Type: Supra Possession: By Agreement Unit Style: Two Levels Association Fee Incl: Front Yard Maint; Common Area Maint Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
IDX
Listing Office: Urban and Company
Office Email: fady@urbanandcompany.com
Last Updated: April - 09 - 2026
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