7242 S TERRACE Road, Tempe, AZ 85283 (MLS# 6364503)

7242 S TERRACE Road, Tempe, AZ 85283

$740,000

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,590 Lot Size (sq. ft.): 9,744 Status: Closed

Current Price: $740,000 Last Modified: 4/06/2025

Description

Gorgeous 5 Bedroom 3 Bath South Tempe home boasting hardwood floors throughout, a lovely kitchen w/ rich granite counter-tops and cherry wood cabinetry. Huge master suite w/ walk-in-closet, spacious rooms w/ ceiling fans. In the very private back yard, you will enjoy the refreshing diving pool that was recently redone with pebble tech for a resort feel. Plenty of storage in 3G, insulated work shop w/ A/C unit, Rv gate,. A/C units were replaced in 2017. Located on Large cul-De-sac lot near award winning Kyrene schools and Kwanis park for fishing, bike riding and much more! Tenant occupied until end of March.

More Information MLS# 6364503

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Sold Price: $740,000 Status: Closed Current Price: $740,000 List Date: 2022-03-03

Location, Tax & Legal

Assessor's Map #: 91 Assessor's Parcel #: 498 Tax Municipality: Tempe Taxes: 4042 Map Code/Grid: S37 House Number: 7242 Compass: S Street Name: TERRACE St Suffix: Road City/Town Code: Tempe State/Province: AZ Zip Code: 85283 Zip4: 4704 County Code: Maricopa Assessor Number: 301-91-498 Subdivision: GALLERIA Tax Year: 2021

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Approx SQFT: 2590 Price/SqFt: 285.71 Approx Lot SqFt: 9744 Approx Lot Acres: 0.224 Horses: N Model: Castile Builder Name: Knoell Homes 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 Akimel A-Al Middle School High School: Marcos De Niza High School Community Pool Y/N: No Private Pool Y/N: Yes Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 5 Total Bathrooms: 3 Year Built: 1988

Legal Info

Range: 4E Section: 11 Township: 1S Lot Number: 39

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Tile: 1

Pmt & Rate Info

Down Payment: 0 Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: Y HOA Transfer Fee: 0 HOA Fee: 11 HOA Paid Frequency: Monthly HOA Name: Galleria HOA Telephone: 8555-870-9900 HOA 2 Y/N: N PAD Fee Y/N: N PAD Fee: 0 Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 11

Lockbox Type

None: 1

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Double Vanity: 1

Master Bedroom

Upstairs: 1

Additional Bedroom

Master Bedroom Walk-in Closet: 1

Flooring

Carpet: 1 Tile: 1 Wood: 1

Private Pool Features

Fenced: 1 Diving Pool: 1

Dining Area

Formal: 1 Eat-in Kitchen: 1 Breakfast Room: 1

Heating

Electric: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Pantry: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Interior Features

Skylight(s): 1 Wet Bar: 1

Laundry

Washer Included: 1 Dryer Included: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1 Great Room: 1 Library-Blt-in Bkcse: 1

Separate Den/Office

Sep Den/Office Y/N: N

Technology

Cable TV Avail: 1 High Speed Internet: 1

Fencing

Block: 1

Water Source

City Water: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 3 Garage Spaces: 3

Parking Features

RV Gate: 1 RV Access/Parking: 1

New Financing

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

Energy/Green Feature

Multi-Zones: 1

Utilities

SRP: 1

Existing 1st Loan

Conventional: 1

Property Description

Cul-De-Sac Lot: 1

Landscaping

Desert Front: 1 Yrd Wtring Sys Front: 1 Yrd Wtring Sys Back: 1

Items Updated

Pool Partial/Full: Full

Disclosures

Seller Discl Avail: 1

Possession

By Agreement: 1

Association Fee Incl

Common Area Maint: 1

Assoc Rules/Info

FHA Approved Prjct: 1 VA Approved Prjct: 1 Prof Managed: 1

Sold Info

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

Remarks Misc

Cross Street: Rual/Elliot Geo Lat: 33.353406 Geo Lon: -111.924728

Status Change Info

Off Market Date: 2022-04-04 Under Contract Date: 2022-03-18 Close of Escrow Date: 2022-04-28 Sold Price: $740,000

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity Master Bedroom: Upstairs Additional Bedroom: Master Bedroom Walk-in Closet Flooring: Carpet; Tile; Wood Private Pool Features: Fenced; Diving Pool Spa: None Dining Area: Formal; Eat-in Kitchen; Breakfast Room Kitchen Features: Disposal; Dishwasher; Pantry Laundry: Washer Included; Dryer Included; Inside Other Rooms: Family Room; Great Room; Library-Blt-in Bkcse Interior Features: Skylight(s); Wet Bar Technology: Cable TV Avail; High Speed Internet Parking Features: RV Access/Parking; RV Gate Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Electric Utilities: SRP Water Source: City Water Sewer: Sewer - Public Fencing: Block Property Description: Cul-De-Sac Lot Landscaping: Desert Front; Yrd Wtring Sys Front; Yrd Wtring Sys Back Lockbox Type: None Possession: By Agreement Association Fee Incl: Common Area Maint Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail

Listing Office: Real Property Management Evolve

Last Updated: April - 06 - 2025