7242 S Terrace Rd Tempe, AZ 85283
South Tempe NeighborhoodEstimated Value: $693,000 - $751,000
5
Beds
3
Baths
2,590
Sq Ft
$279/Sq Ft
Est. Value
Highlights
- Private Pool
- RV Gated
- 1 Fireplace
- Kyrene del Norte School Rated A-
- Wood Flooring
- 3-minute walk to Corbell Park
About This Home
As of April 2022Gorgeous 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.
Last Agent to Sell the Property
Howe Realty License #SA579522000 Listed on: 03/03/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,042
Year Built
- Built in 1988
Lot Details
- 9,744 Sq Ft Lot
- Desert faces the front of the property
- Cul-De-Sac
- Block Wall Fence
- Front and Back Yard Sprinklers
HOA Fees
- $11 Monthly HOA Fees
Parking
- 3 Car Garage
- RV Gated
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,590 Sq Ft Home
- 2-Story Property
- Wet Bar
- Ceiling Fan
- Skylights
- 1 Fireplace
- Eat-In Kitchen
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Pool
- Private Pool
- Fence Around Pool
- Diving Board
Schools
- Kyrene De Los Ninos Elementary School
- Kyrene Akimel A Middle School
- Marcos De Niza High School
Utilities
- Zoned Heating and Cooling System
- High Speed Internet
- Cable TV Available
Community Details
- Association fees include ground maintenance
- Galleria Association, Phone Number (855) 587-0990
- Built by Knoell Homes
- Galleria Subdivision, Castile Floorplan
- FHA/VA Approved Complex
Listing and Financial Details
- Tax Lot 39
- Assessor Parcel Number 301-91-498
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 20, 2015
Sold by
Askar Maya B and Syoufi Iyad
Bought by
Syoufi Iyad
Total Days on Market
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,200
Outstanding Balance
$263,007
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$460,101
Purchase Details
Closed on
Oct 11, 2006
Sold by
Lee Edward A and Lee Alisa P
Bought by
Syoufi Iyad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
6.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 25, 2004
Sold by
Wilson Bruce E
Bought by
Lee Edward A and Lee Alisa P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
5.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2002
Sold by
Wilson Bruce E and Bruce E Wilson Revocable Trust
Bought by
Wilson Bruce E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.15%
Purchase Details
Closed on
Jul 20, 2001
Sold by
Wilson Bruce E
Bought by
Wilson Bruce E and Bruce E Wilson Revocable Trust
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Syoufi Iyad | -- | Grand Canyon Title Agency | |
| Syoufi Iyad | -- | Grand Canyon Title Agency | |
| Syoufi Iyad | $467,000 | Land Title Agency Of Az Inc | |
| Lee Edward A | $278,000 | Fidelity National Title | |
| Wilson Bruce E | -- | First American Title | |
| Wilson Bruce E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Syoufi Iyad | $339,200 | |
| Closed | Syoufi Iyad | $351,000 | |
| Closed | Syoufi Iyad | $374,000 | |
| Previous Owner | Lee Edward A | $192,000 | |
| Previous Owner | Lee Edward A | $72,000 | |
| Previous Owner | Lee Edward A | $225,000 | |
| Previous Owner | Lee Edward A | $222,400 | |
| Previous Owner | Wilson Bruce E | $152,000 | |
| Closed | Lee Edward A | $27,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2022 04/28/22 | Sold | $740,000 | +5.7% | $286 / Sq Ft |
| 03/18/2022 03/18/22 | Pending | -- | -- | -- |
| 03/03/2022 03/03/22 | For Sale | $700,000 | -- | $270 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,818 | $31,133 | -- | -- |
| 2024 | $3,546 | $29,651 | -- | -- |
| 2023 | $3,546 | $50,860 | $10,170 | $40,690 |
| 2022 | $3,359 | $39,550 | $7,910 | $31,640 |
| 2021 | $4,042 | $36,530 | $7,300 | $29,230 |
| 2020 | $3,953 | $35,070 | $7,010 | $28,060 |
| 2019 | $3,835 | $33,780 | $6,750 | $27,030 |
| 2018 | $3,719 | $32,020 | $6,400 | $25,620 |
| 2017 | $3,056 | $30,460 | $6,090 | $24,370 |
| 2016 | $3,099 | $31,260 | $6,250 | $25,010 |
| 2015 | $2,863 | $28,400 | $5,680 | $22,720 |
Source: Public Records
Agents Affiliated with this Home
-
Chantel Saathoff
Seller's Agent in 2022
Chantel Saathoff
Howe Realty
(480) 526-0734
1 in this area
63 Total Sales
-
Pam Olmstead
Buyer's Agent in 2022
Pam Olmstead
HomeSmart
(480) 889-3700
2 in this area
87 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6364503
APN: 301-91-498
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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