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$699,000 Just Listed
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Property Description
2 houses on this property. Front house and back house have been rented with good cash flow. Walk to ASU and Honor Health Tempe. Main House is 3 bedroom, 1 bedroom guest house with separate electric meter in rear. One of a kind location in the area of Historic Downtown Tempe, Saltillo Tile thru out.
Full Property Details
Full Property Details for 38 W Thomas Ln
General
- Price: $699,000
- Taxes: $3,712 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7072422
- Updated: 8/29/2026
- Added to Site: Today
Interior
- Interior Features: Master Downstairs, Eat-in Kitchen, 3/4 Bath Master Bdrm
- Appliances: Refrigerator, Dishwasher, Gas Range, Gas Oven, Gas Cooktop
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Gas Dryer Hookup, Wshr/Dry HookUp Only
Location
- County: Maricopa
- Township: 1N
- Subdivision: COLLEGE VIEW
- Cross Streets: Mill Avenue and Apache Blvd.
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Water: City Water
Structural Information
- Architectural Style: Spanish,
- Exterior Const.: Stucco, Adobe
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 1945
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,625
- Lot Size Source: Assessor
- Lot Features: Dirt Back, Gravel/Stone Front
Financial Considerations
- Tax Amount: $3,712
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: COLLEGE VIEW PT LOT 8 S2 W2
- Property ID: 133-18-015
- Range: 4E
- Section: 22
- Lot Number: 8
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Schools
Schools serving 38 W Thomas Ln
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Holdeman Elementary School 1326 West 18th Street, Tempe, AZ 85281 | K-5 | 1 mi |
Geneva Epps Mosley Middle School 1025 South Beck Avenue, Tempe, AZ 85281 | 6-8 | 0.7 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 38 W Thomas Ln
Date
Details
Price
Change
Source
8/29/2026
Listed
$699,000
147.87%
MLS
6/04/2003
Sold
$282,000
—
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 38 W Thomas Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,712
—
$30,967
-59%
2025
$3,712
8%
$74,810
7%
2023
$3,427
4%
$69,860
11%
2022
$3,287
—
$62,870
35%
2022
$3,287
-1%
$46,620
4%
2021
$3,310
3%
$44,630
11%
2020
$3,210
2%
$40,320
32%
2019
$3,149
3%
$30,480
2%
2018
$3,071
3%
$29,780
15%
2017
$2,979
1%
$25,970
-5%
2016
$2,958
4%
$27,260
14%
2015
$2,841
1%
$23,910
23%
2014
$2,822
27%
$19,460
18%
2013
$2,219
—
$16,460
—
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 38 W Thomas Ln
38 W Thomas Lane, Tempe, AZ 85281 (MLS# 7072422) is a Single Family property with 3 bedrooms and 1 full bathroom. 38 W Thomas Lane is currently listed for $699,000 and was received on August 29, 2026. Want to learn more about 38 W Thomas Lane? 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.

