7242 South Terrace Road
Description
Recent comparable sales
Median sold price
$735,000
Avg days on market
56
Sale-to-list ratio
95.6%
Tempe, AZ
9 comparable properties found
$695,000
Sold 07/22/26
- 5
- Bedrooms
- 3
- Bathrooms
- 2,624
- Square Feet
- 0.20
- Acres
$685,000
Sold 09/24/25
- 5
- Bedrooms
- 3
- Bathrooms
- 2,855
- Square Feet
- 0.18
- Acres
$815,000
Sold 09/18/25
- 5
- Bedrooms
- 3
- Bathrooms
- 2,248
- Square Feet
- 0.19
- Acres
$760,000
Sold 05/18/26
- 5
- Bedrooms
- 3
- Bathrooms
- 2,857
- Square Feet
- 0.21
- Acres
$800,000
Sold 04/23/26
- 5
- Bedrooms
- 3
- Bathrooms
- 2,991
- Square Feet
- 0.25
- Acres
$735,000
Sold 02/12/25
- 5
- Bedrooms
- 3
- Bathrooms
- 2,846
- Square Feet
- 0.17
- Acres
$669,000
Sold 10/24/25
- 5
- Bedrooms
- 3
- Bathrooms
- 2,388
- Square Feet
- 0.17
- Acres
$660,000
Sold 09/19/25
- 5
- Bedrooms
- 3
- Bathrooms
- 2,435
- Square Feet
- 0.23
- Acres
$779,000
Sold 02/27/25
- 5
- Bedrooms
- 3
- Bathrooms
- 2,544
- Square Feet
- 0.17
- Acres
Location
Sold By HomeSmart
$4,298 per month
30 year fixed, 7.03% Interest
$3,951
$337
$11
1Property Information for 7242 South Terrace Road
Property Details
- Taxes: $4,042 / year
- MLS Type: Residential / Single Family Residence
- County: Maricopa County
- Subdivision Name: GALLERIA
- View YN: Yes
Building Information
- Stories: 2
- Year Built: 1988
- Lot Size: 0.22 AC / 9,744 SF
Summary
- Unparsed Address: 7242 S TERRACE Road, Tempe, AZ 85283
- City: Tempe
- Coordinates: -111.924728, 33.353406
- Country: US
- County Or Parish: Maricopa
- Cross Street: Rual/Elliot
- Latitude: 33.353406
- Longitude: -111.924728
- Map Coordinate: S37
- Postal City: Tempe
- Postal Code: 85283
- Postal Code Plus4: 4704
- State Or Province: AZ
- Street Suffix: Road
- Year Built: 1,988
- Association Amenities: FHA Approved Prjct, Management, VA Approved Prjct
- Association Fee: $11.00
- Association Fee Frequency: Monthly
- Association Fee Includes: Maintenance Grounds
- Association Name: Galleria
- Association YN: Yes
- Tax Annual Amount: $4,042.00
- Tax Book Number: 301.00
- Tax Lot: 39
- Tax Map Number: 91.00
- Tax Year: 2,021
- Carport Spaces: 0
- Covered Spaces: 3
- Garage Spaces: 3
- Garage YN: Yes
- Open Parking Spaces: 0
- Parking Features: RV Gate, RV Access/Parking
- Elementary School: Kyrene de los Ninos School
- Elementary School District: Kyrene Elementary District
- High School: Marcos De Niza High School
- High School District: Tempe Union High School District
- Middle Or Junior School: Kyrene Akimel A-Al Middle School
Property
- Building Area Total: 2,590
- Building Area Units: Square Feet
- Living Area: 2590.0
- Living Area Source: Assessor
- Living Area Units: Square Feet
- Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Cul-De-Sac
- Lot Size Acres: 0.22
- Lot Size Area: 9744.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 9744.0
- Lot Size Units: Square Feet
- Propertysp Descriptionco Culhyphen Dehyphen Sacsp Lot: Yes
- Builder Name: Knoell Homes
- Building Area Source: Assessor
- Disclosures: Seller Discl Avail
- Documents Count: 0
- Ownership: Fee Simple
- Parcel Number: 30191498
- Property Attached YN: No
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Public Survey Range: 4E
- Public Survey Section: 11
- Public Survey Township: 1S
- Green Energy Efficient: Multi-Zones
- Electric On Property YN: Yes
- Sewer: Public Sewer
- Water Source: City Water
Interior and Exterior Features
- Construction Materials: Stucco, Wood Frame, Painted
- Fencing: Block
- Horse YN: No
- Pool Features: Diving Pool, Fenced, Private
- Pool Private YN: Yes
- Roof: Tile
- Stories Total: 2
- Bathrooms Total Decimal: 3.0
- Kitchensp Featuresco Dishwasher2: Yes
- Kitchensp Featuresco Disposal2: Yes
- Bathrooms Total Integer: 3
- Bedrooms Possible: 6
- Bedrooms Total: 5
- Cooling: Central Air, Ceiling Fan(s)
- Cooling YN: Yes
- Fireplace Features: 1 Fireplace
- Fireplace YN: Yes
- Flooring: Carpet, Tile, Wood
- Heating: Electric
- Heating YN: Yes
- Interior Features: Upstairs, Eat-in Kitchen, Wet Bar, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
- Spa Features: None
- Window Features: Skylight(s)
Room Information
- Mastersp Bedroomco Upstairs: Yes
- Othersp Roomsco Familysp Room: Yes
- Othersp Roomsco Greatsp Room: Yes
- Othersp Roomsco Libraryhyphen Blthypheninsp Bkcse: Yes
- Rooms Total: 0
Mobile Home
- Model: Castile
Rental
- Land Lease YN: No
Property History for 7242 South Terrace Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 28, 2022 | Sold ARMLS #6364503 | $740,000 | ā |
| Apr 13, 2022 | Sold (Public Record) Public Record #1488697417 | $740,000 | +3.0% / yr |
| Apr 4, 2022 | Pending ARMLS #6364503 | ā | |
| Mar 3, 2022 | Listed (Active) ARMLS #6364503 | $700,000 | ā |
| Jun 24, 2016 | Withdrawn ARMLS #5429437 | $439,000 | ā |
| Apr 15, 2016 | Listed (Active) ARMLS #5429437 | $439,000 | ā |
| Oct 24, 2006 | Sold ARMLS #2602889 | $475,000 | ā |
| Oct 11, 2006 | Sold (Public Record) Public Record #204031021 | $467,000 | +24.6% / yr |
| Sep 27, 2006 | Pending ARMLS #2602889 | ā | |
| Aug 25, 2006 | Listed (Active) ARMLS #2602889 | $475,000 | ā |
| Jun 1, 2004 | Sold (Public Record) Public Record #135295362 | $278,000 | ā |
| May 26, 2004 | Sold ARMLS #2112743 | $278,000 | ā |
| May 26, 2004 | Pending ARMLS #2112743 | ā | |
| May 25, 2004 | Sold ARMLS #2112743 | $278,000 | ā |
| May 25, 2004 | Pending ARMLS #2112743 | ā | |
| Mar 4, 2004 | Listed (Active) ARMLS #2112743 | $284,900 | ā |
| Date | Event & Source | Price |
|---|---|---|
| 04/28/2022 | Sold ARMLS #6364503 | $740,000 |
| 04/13/2022 | Sold (Public Record) Public Record #1488697417 | $740,000 +3.0% / yr |
| 04/04/2022 | Pending ARMLS #6364503 | ā |
| 03/03/2022 | Listed (Active) ARMLS #6364503 | $700,000 |
| 06/24/2016 | Withdrawn ARMLS #5429437 | $439,000 |
| 04/15/2016 | Listed (Active) ARMLS #5429437 | $439,000 |
| 10/24/2006 | Sold ARMLS #2602889 | $475,000 |
| 10/11/2006 | Sold (Public Record) Public Record #204031021 | $467,000 +24.6% / yr |
| 09/27/2006 | Pending ARMLS #2602889 | ā |
| 08/25/2006 | Listed (Active) ARMLS #2602889 | $475,000 |
| 06/01/2004 | Sold (Public Record) Public Record #135295362 | $278,000 |
| 05/26/2004 | Sold ARMLS #2112743 | $278,000 |
| 05/26/2004 | Pending ARMLS #2112743 | ā |
| 05/25/2004 | Sold ARMLS #2112743 | $278,000 |
| 05/25/2004 | Pending ARMLS #2112743 | ā |
| 03/04/2004 | Listed (Active) ARMLS #2112743 | $284,900 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public records
7242 South Terrace Road
Beds
5Baths
3.5Total Finished SqFt
2,590 SqFtAbove Grade Finished SqFt
2,590 SqFtStories
2Lot Size
9,744 SqFtSchools near 7242 South Terrace Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 5 | |||
| Public - | 4 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Kyrene Del Norte School PublicPK to 5 | ||
Kyrene de los Ninos School PublicPK to 5 | ||
Kyrene Middle School Public4 to 8 | ||
Marcos De Niza High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
New listings in 85283
$345,000
- 3
- Bedrooms
- 3
- Bathrooms
- 1,290
- Square Feet
- 0.02
- Acres
$142,000
- 3
- Bedrooms
- 2
- Bathrooms
- 1,160
- Square Feet
- Unavailable
- Acres
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 7242 South Terrace Road, Tempe, AZ 85283 | $740,000 | 5 | 3 | 2,590 | 9,744 |
$384,500 | 4 | 2 | 1,984 | 9,479 | |
ā | ā | ā | ā | 6,172 | |
ā | ā | 3 | 2,633 | 13,913 | |
$155,000 | ā | 4 | 2,624 | 9,261 | |
$345,000 | 4 | 2 | 2,279 | ā | |
ā | ā | 3 | 2,273 | 8,830 | |
ā | ā | 4 | 2,590 | 8,542 | |
$290,000 | 2 | 2 | 1,302 | 4,212 | |
$410,000 | ā | 3 | 1,404 | 3,994 | |
ā | ā | 3 | 2,415 | 15,716 | |
ā | ā | 2 | 1,179 | 3,829 | |
$289,500 | 2 | 2 | 1,179 | 5,018 | |
$225,000 | ā | 3 | 1,984 | 8,577 | |
$375,000 | 3 | 2 | 2,038 | ā | |
$375,000 | ā | 3 | 1,984 | 8,359 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Real Property Management Evolve
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information CopyrightĀ© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
