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$475,000 Just Listed
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Property Description
Discover the potential in this expansive five bedroom, two-bathroom home, offering a wonderful blank canvas for your personal style. Featuring a generous floor plan with two separate living areas, this home is perfect for large family or those needing office space. While it needs some TLC and your unique touches it has been well cared for. Large private backyard with pool and plenty of green space and covered brick patio. Home has dual pane windows and sliding door for energy efficiency. Indoor laundry with newer washer and dryer, two car garage, front courtyard perfect for enjoying the neighborhood. Great Tempe location close to US60, 101 freeway, ASU, shopping and dining.
Full Property Details
Full Property Details for 3422 S Terrace Rd
General
- Price: $475,000
- Taxes: $2,522 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6975949
- Updated: Today (1/28/2026)
- Added to Site: Today
Interior
- Interior Features: No Interior Steps, Full Bth Master Bdrm
- Appliances: Dryer Included, Washer Included, Refrigerator, Dishwasher, Disposal, Electric Range
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside
Additional Information
- Pool: Yes
- Pool Description: Variable Speed Pump, Diving Pool
Exterior
- Exterior Features: Private Yard
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener, Direct Access
Location
- County: Maricopa
- Township: 1N
- Subdivision: CYPRUS EAST
- Cross Streets: Rural and Southern Avenue
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
- Heating Type: Forced Air, Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Builder: Marco
- Exterior Const.: Painted, Block
- Roof: Composition
- Windows: Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 1965
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,291
- Lot Size Source: Assessor
- Lot Features: East/West Exposure, Sprinklers In Rear, Sprinklers In Front, Alley, Grass Front, Grass Back
Financial Considerations
- Tax Amount: $2,522
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 392 CYPRUS EAST MCR
- Property ID: 133-54-392
- Range: 4E
- Section: 35
- Lot Number: 392
Listed by Keller Williams Realty East Valley
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Schools
Schools serving 3422 S Terrace Rd
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Joseph P. Spracale Elementary School 1325 East Malibu Drive, Tempe, AZ 85282 | K-5 | 0.4 mi |
Connolly Middle School 2002 East Concorda Drive, Tempe, AZ 85282 | 6-8 | 1.6 mi |
McClintock High School 1830 East Del Rio Drive, Tempe, AZ 85282 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3422 S Terrace Rd
Date
Details
Price
Change
Source
1/28/2026
Listed
$475,000
268.5%
MLS
4/17/1997
Sold
$128,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3422 S Terrace Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,522
8%
$48,230
8%
2024
$2,343
1%
$44,860
-5%
2023
$2,314
5%
$47,210
10%
2022
$2,210
—
$43,080
35%
2022
$2,210
-2%
$31,850
8%
2021
$2,254
3%
$29,370
8%
2020
$2,179
2%
$27,200
5%
2019
$2,137
3%
$25,860
9%
2018
$2,080
3%
$23,800
8%
2017
$2,015
—
$22,120
1%
2016
$2,005
3%
$21,850
10%
2015
$1,939
-1%
$19,850
29%
2014
$1,957
13%
$15,430
20%
2013
$1,734
—
$12,860
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3422 S Terrace Rd
3422 S Terrace Road, Tempe, AZ 85282 (MLS# 6975949) is a Single Family property with 5 bedrooms and 2 full bathrooms. 3422 S Terrace Road is currently listed for $475,000 and was received on January 28, 2026. Want to learn more about 3422 S Terrace Road? Do you have questions about finding other Single Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

