1427 S TERRACE Road, Tempe, AZ 85281 (MLS# 6892320)

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

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!

More Information MLS# 6892320

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No Sold Price: $533,000 Status: Closed Current Price: $533,000 List Date: 2025-07-13

Location, Tax & Legal

Assessor's Map #: 9 Legal Description (Abbrev): LOT 1 NEWBERRY TERRACE 2 MCR 109747 Assessor's Parcel #: 811 Tax Municipality: Tempe Taxes: 2960 House Number: 1427 Compass: S Street Name: TERRACE St Suffix: Road City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 5815 County Code: Maricopa Assessor Number: 133-09-811 Subdivision: NEWBERRY TERRACE 2 Tax Year: 2024

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Full Bathrooms: 3 Half Bathrooms: 1 Approx SQFT: 1685 Price/SqFt: 316.32 Approx Lot SqFt: 3153 Approx Lot Acres: 0.072 Flood Zone: No Horses: N Builder Name: Uknown 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 Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 3 Total Bathrooms: 3.5 Year Built: 2012

Legal Info

Range: 4E Section: 23 Township: 1N Lot Number: 1

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Stucco: 1

Roofing

Tile: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 200 HOA Fee: 99 HOA Paid Frequency: Monthly HOA Name: Newberry Terrace HOA Telephone: 480-813-0300 Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Prepaid Association Fees HOA: 0 Disclosure Fees HOA: 300 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 99

Showing Notification Methods

Showing Service: Aligned Showings Text: 1

Lockbox Type

Supra: 1

Architecture

Other: 1

Master Bathroom

Full Bth Master Bdrm: 1

Master Bedroom

Upstairs: 1

Additional Bedroom

Master Bedroom Walk-in Closet: 1 Other Bedroom Walk-in Closet: 1

Flooring

Carpet: 1 Tile: 1

Window Features

Dual Pane: 1

Dining Area

Dining in LR/GR: 1 Dining in FR: 1 Other (See Remarks): 1

Heating

Natural Gas: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Built-in Microwave: 1 Range/Oven Elec: 1 Refrigerator: 1 Granite Counters: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Interior Features

9+ Flat Ceilings: 1

Laundry

Washer Included: 1 Dryer Included: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Great Room: 1

Separate Den/Office

Sep Den/Office Y/N: N

Technology

3+ Exist Tele Lines: 1 High Speed Internet: 1

Fencing

Block: 1

Water Source

City Water: 1

Exterior Features

Covered Patio(s): 1 Patio: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 1 Total Covered Spaces: 1 Garage Spaces: 1

Parking Features

Direct Access: 1 Garage Door Opener: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Utilities

APS: 1 SW Gas: 1

Existing 1st Loan

Conventional: 1

Property Description

East/West Exposure: 1

Landscaping

Desert Front: 1 Desert Back: 1

Services

City Services: 1

Unit Style

Two Levels: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

By Agreement: 1

Association Fee Incl

Front Yard Maint: 1 Common Area Maint: 1

Assoc Rules/Info

Prof Managed: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

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 Geo Lat: 33.412045 Geo Lon: -111.920753

Status Change Info

Off Market Date: 2025-09-19 Under Contract Date: 2025-09-18 Close of Escrow Date: 2025-10-08 Sold Price: $533,000

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

Listing Office: Urban and Company

Last Updated: April - 09 - 2026