7241 S TERRACE Road, Tempe, AZ 85283 (MLS# 7043432)

7241 S TERRACE Road, Tempe, AZ 85283

$695,000

5 bed 3 bath home in highly desirable South Tempe neighborhood

Backyard features a sparkling pool with large covered patio, synthetic grass for low maintenance, and a sitting area perfect for a firepit to gather around to enjoy the Arizona skies

Spacious kitchen with new SS appliances, pull out-soft close drawers, an island and breakfast bar

Easy access to the covered patio and backyard from the kitchen

Virtually staged family room with large built-in entertainment center with lots of storage

Wet bar in Living room/dining room for entertaining guests

Vaulted living room-new carpeting, plantation shutters

Beautiful Primary suite with plenty of room for a sitting area or desk. New carpeting

Fully remodeled Primary bathroom with dual vanity, walk-in shower and freestanding tub.

Enter into a walk-in storage room in primary bathroom

Downstairs full bathroom with refinished tub and new vanity

Upstairs full bathroom with refinished tub

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,624 Lot Size (sq. ft.): 8,786 Status: Closed

Current Price: $695,000 Last Modified: 7/23/2026

Overview

Description

Come see this spacious 5bed/3ba home ideally situated on a cul-de-sac lot in an established neighborhood. The kitchen has new SS appliances, an island, and breakfast bar. The floorplan features a bedroom and full bath downstairs-perfect for guests, multi-generational living or an office. Upstairs, the beautifully updated primary suite offers a luxurious retreat with modern finishes, including a freestanding tub, walk-in shower, dual sink vanity, and walk-in closet. Other features of the home are vaulted ceilings, formal dining room, wet bar, new carpeting, 3 car garage with built-in cabinets, and a new water heater installed in 2025. Step outside to a sparkling pool, large covered patio, and dedicated sitting area, Conveniently located near ASU, dining, shopping, and major freeways.

Supplements: Enjoy a nearby park and walking paths in the community. Don't miss your chance to own this home! Other home features: Kitchen cabinets have pull out, soft close drawers Primary suite has a large storage room off the bathroom

Listing Details MLS# 7043432

Location, Tax & Legal

House Number: 7241
Compass: S
Street Name: TERRACE
St Suffix: Road
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85283
Zip4: 4708
Country: US
County Code: Maricopa
Assessor Number: 301-91-494
Subdivision: GALLERIA
Tax Year: 2025

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: 5
Full Bathrooms: 3
Total Bathrooms: 3
Approx SQFT: 2624
Price/SqFt: 264.86
Horses: N
Builder Name: Knoell Homes
Year Built: 1985
Approx Lot SqFt: 8786
Approx Lot Acres: 0.202
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: No
Elementary School District: Kyrene Elementary District
High School District: Tempe Union High School District
Elementary School: Kyrene de los Ninos School
Jr. High School: Kyrene Middle School
High School: Marcos De Niza High School

Remarks Misc

Cross Street: Elliot Rd.& Rural Rd
Directions: Head east on E Elliot Rd, Turn left onto S Rita Ln, Turn right onto S Terrace Rd, Turn left to stay on S Terrace Rd, Property will be on the right

Status Change Info

Off Market Date: 2026-06-20
Under Contract Date: 2026-06-20
Close of Escrow Date: 2026-07-22

Legal Info

Township: 1S
Range: 4E
Section: 11
Lot Number: 35

More Information

Basement

Basement Y/N: N

Items Updated

Floor Yr Updated: 2026
Floor Partial/Full: Partial
Kitchen Yr Updated: 2026
Kitchen Partial/Full: Partial
Bath(s) Yr Updated: 2024
Bath(s) Partial/Full: Full

Parking Spaces

Garage Spaces: 3
Slab Parking Spaces: 3
Total Covered Spaces: 3

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 15878
Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Upstairs Additional Bedroom: Other Bedroom Downstairs; Master Bedroom Walk-in Closet Flooring: Carpet; Laminate; Tile Private Pool Features: Outdoor Spa: None Community Features: Biking/Walking Path Dining Area: Formal; Eat-in Kitchen; Breakfast Bar; Dining in LR/GR Kitchen Features: Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Non-laminate Counter; Kitchen Island Laundry: Washer Included; Dryer Included; Inside Other Rooms: Family Room Interior Features: Vaulted Ceiling(s); Wet Bar Technology: Cable TV Avail Exterior Features: Covered Patio(s) Parking Features: Attached Garage; Direct Access; Garage Door Opener Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: Cul-De-Sac Lot; North/South Exposure Landscaping: Gravel/Stone Front; Gravel/Stone Back; Synthetic Grass Frnt; Synthetic Grass Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Documents

Property Features and Upgrades ›

Listing Office: Coldwell Banker Realty

Office Phone: 480-951-1010

Office Email: rick.messerschmidt@azmoves.com

Last Updated: July - 23 - 2026