421 S TERRY Lane, Tempe, AZ 85281

$715,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $715,000 Last Modified: 3/03/2025

Overview

Description

Beautiful Duplex on a private cul-de-sac is now available for you! The light & bright interior is fully furnished & offers designer's finishes, an inviting living room, wood-look tile flooring, & recessed lighting throughout. Cook gourmet recipes in the modern eat-in kitchen showcasing stainless steel appliances, beautiful cabinets, stylish backsplash, & granite counters. Fantastic primary bedroom has a walk-in closet for your belongings, private access to the back patio, and a barn sliding door leading to a lavish bathroom. The low-care backyard is ideal for unwinding after a hard day's work. Amazing location close to ASU, Sky Harbor airport, the 202 & 143 freeways, and downtown Tempe. This is it! Set up an offer today!

Listing Details MLS# 6391524

Location, Tax & Legal

Map Code/Grid
R36
House Number
421
Compass
S
Street Name
TERRY
St Suffix
Lane
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
8008
Country
US
County Code
Maricopa
Subdivision
MERCADO HOMES
Assessor Number
124-29-001-K
Tax Year
2021
Assessor's Map #
29
Legal Description (Abbrev)
LOT 4 MERCADO HOMES MCR 006030
Assessor's Parcel #
1
Assessor Parcel Ltr
K
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
318800
Taxes
1443
Legal
LOT 4 MERCADO HOMES MCR 006030
Marketing Name
n/a

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
64' X 109.50'
Year Built
1985
Uncvrd Parking Spcs
Yes
Total # of Units
2
# of Buildings
Yes
Zoning
R-3
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District
Elementary School
Scales Technology Academy
Jr. High School
Geneva Epps Mosley Middle School
High School
Tempe High School

Remarks Misc

Cross Street
Priest Dr & University Dr
Directions
Head north on S Priest Dr, Turn right onto W 5th St, Turn left onto S Terry Ln. Property will be on the right.

Status Change Info

Off Market Date
2022-05-04
Under Contract Date
2022-05-03
Close of Escrow Date
2022-05-26

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
4

More Information

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
2200
Avg SqFt
876
# Baths
2

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Duplex
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Built-Up
Yes
Tile
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Building(s) Only
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1443
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
660000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes

Exterior Amenities

Fenced
Yes
Patio/Balcony
Yes

Interior Features

Furnished
Yes
Fire/Smoke Alarm(s)
Yes
Drapes
Yes

Tenant Pays

Other (See Remarks)
Yes

Appliances Included

Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Built-In Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

1 Space/Unit
Yes
Paved
Yes
Assigned
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

Other
Yes

New Financing

VA
Yes
Conventional
Yes
FHA
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up; Tile Floors: Ceramic Tile; Carpet Sale Includes: Building(s) Only Community Features: No Pool Exterior Amenities: Fenced; Patio/Balcony Interior Features: Furnished; Fire/Smoke Alarm(s); Drapes Appliances Included: Built-In Range; Refrigerator; Disposal; Microwave Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: 1 Space/Unit; Assigned; Paved Road Surface Type: Asphalt Owner Pays: Other Tenant Pays: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: VA; FHA; Conventional Environmental: None
IDX
Listing Office: EMG Real Estate
Last Updated: March - 03 - 2025
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Search powered by FBS Products