7241 S TERRACE Road Tempe, AZ $ 695,000
7241 S TERRACE Road
$ 695,000
Open House 6/20 11:30am - 2pm
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7241 S TERRACE Road

Tempe, AZ, 85283
$ 695,000
Bedrooms5 Baths3.0 Sq 2,624

Monthly Estimate*

$ 4,279

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Single Family Home for sale in Tempe, AZ

for $695,000 with 5 bedrooms and 3 full baths. This 2,624 square foot home was built in 1985 on a lot size of 0.2.

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. 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

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Open House

6/20/2026 11:30 AM - 2:00 PM
7241 S TERRACE Road Tempe, AZ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Pending

Price

$ 695,000

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 4,281

Style

Residential

Lot Size

0.2

Year Built

1985

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

7043432

Features
Interior
Interior Amenities Non-laminate Counter Double Vanity Upstairs Eat-in Kitchen Breakfast Bar Vaulted Ceiling(s) Wet Bar Kitchen Island Pantry Full Bth Master Bdrm Separate Shwr & Tub
Flooring Carpet Laminate Tile
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Inside
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Built-in Microwave True
Kitchen Island True
Non-laminate Counter True
Pantry True
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s)
Utilities SRP
Possession Close Of Escrow
Roof Tile
HOA Fee 278.0
Garage Spaces 3.0
Association Fee Includes Maintenance Grounds
Pool Features Outdoor
Construction Materials Stucco Wood Frame Painted
Year Built 1985
Township 1S
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Biking/Walking Path
Assoc Fee Paid Per Annually
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name GALLERIA
Total Rooms 0
Special Listing Conditions N/A
Status Pending
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
High School Marcos De Niza High School
City Tempe
Disclosures Agency Discl Req Seller Discl Avail
Association Name Galleria HOA
High School District Tempe Union High School District
Open Parking Spaces 3.0
Lot Size Units Square Feet
Lot Size Square Feet 8786.0
Carport Spaces 0.0
Carport Y/N N
Spa Features None
Elementary School Kyrene de los Ninos School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4281.0
Home Warranty Y/N N
Middle/Junior High School Kyrene Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Knoell Homes
Standard Status Pending
Occupancy Type Vacant
Elementary School District Kyrene Elementary District
Tax Lot 35
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 23.17
New Financing Cash True
New Financing: VA True
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Exterior
Fencing Block
Parking Features Attached Garage Garage Door Opener Direct Access
Lot Features North/South Exposure Cul-De-Sac Gravel/Stone Front Gravel/Stone Back Synthetic Grass Frnt Synthetic Grass Back
Water Source City Water
Lot Size Area 8786.0
Spa N
Lot Size Acres 0.2
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 3.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7241
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* Excluded Features
List By
Coldwell Banker Realty

Broker

Jill.stecker@cbrealty.com

Email

Affordability Calculator

$4,636
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,279
Monthly Property Taxes
$357
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4333959 Elementary School
4327862 Middle School
Marcos De Niza High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$695,000 Listed Price

Map


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7241 S TERRACE Road, Tempe, AZ, 85283 is a Single Family Home for sale at $695,000 with 2,624 sqft and a lot size of 0.2. 7241 S TERRACE Road has 5 bedrooms, 3.0 baths, and was built in 1985. The property's zip code is 85283 which is in Tempe, AZ