1118 E  Spence Ave, Tempe, AZ 85281
OFF MARKET

1118 E Spence Ave
Tempe, AZ 85281

Jen Tilly Terrace
  • Studio

$394,000

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $2,238/mo*

$394,000

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $2,238/mo*
Studio

Home Value

Trulia Estimate
$394K
Since last month
Decreased$18K (-5.3%)
Since last year
Increased$3K (+0.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -4% in the last 10 years
MonthEstimated value
2026
August 2026$322K
July 2026$280K
June 2026$340K
May 2026$332K
April 2026$354K
March 2026$364K
February 2026$359K
January 2026$414K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.13
Single-Family Home
$670,000
04/24/26
5
3.5
2,353
0.09
Single-Family Home
$575,000
06/11/26
3
3.5
1,685
0.18
Single-Family Home
$240,000
11/07/25
2
945
0.11
Single-Family Home
$533,000
10/08/25
3
3.5
1,685
0.23
Single-Family Home
$565,000
10/03/25
4
2
2,374
0.11
Single-Family Home
$570,000
05/19/26
3
3.5
1,685
0.38
Single-Family Home
$305,000
12/17/25
3
2
1,334
0.35
Single-Family Home
$447,600
06/29/26
4
2
1,544
0.39
Single-Family Home
$510,000
12/30/25
4
2
1,522
0.36
Single-Family Home
$595,038
02/19/26
3
3
1,803

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
-
7
3
2,400
Off Market
0.08
$534,700
3
4
1,685
Off Market
0.06
-
-
-
-
Off Market
0.09
$575,000
3
3.5
1,685
Recently Sold
0.08
$546,600
2
1
1,100
Off Market
0.11
$532,400
3
3.5
1,685
Off Market
0.11
$570,000
3
3.5
1,685
Recently Sold
0.11
$574,300
4
3.5
1,848
Off Market
0.09
$603,200
2
2
1,400
Off Market
0.12
$592,300
3
2
2,200
Off Market
0.13
$670,000
5
3.5
2,353
Recently Sold
0.09
$638,000
4
1
1,440
Off Market

Local Information

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Home Highlights

Property Type
Single-Family Home

About this House

This single-family home is located at 1118 E Spence Ave, Tempe, AZ. 1118 E Spence Ave is in the Jen Tilly Terrace neighborhood in Tempe, AZ and in ZIP code 85281. This property has a lot size of 7500 sqft.
1118 E Spence Ave, Tempe, AZ 85281 is a studio single-family home in Jen Tilly Terrace. It is currently off market. The Trulia Estimate is $394,000, with a rent estimate of $1,890/month.

Home Details for 1118 E Spence Ave

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 7500 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$591
$166,500
Home facts updated by county records

Market trends in Tempe

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$1.67K
MoM
Sale-to-List Price
98.3%
0.1%
MoM
Price per sq ft
$289
$3
MoM
Available listings
571
21
MoM
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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Jen Tilly Terrace

  • Glqkardinal
    "As someone who owns a dog there are plenty of paths to walk your dog on. I do however warn against letting your dog sniff around in abandoned lots because there are lots of ticks in the weeds."
  • Eric M. R.
    "close to asu and businesses, cute little side neighborhood, lots of friendly people, close to light rail"
  • Mike
    "A lot of restaurants, grocery, hardware, transportation hubs, and 5 minute walk to ASU. Surrounding homes are mostly owner occupied and it's fairly quiet and people take care of their lots. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 1118 E Spence Ave

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Off Market Homes Near 1118 E Spence Ave

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Frequently asked questions about 1118 E Spence Ave

  • What is 1118 E Spence Ave estimated to be worth?
    Trulia's estimated value for 1118 E Spence Ave in Tempe, AZ is $394,000.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $463K. That is down $1.67K from the prior month.
  • What are the closest schools to 1118 E Spence Ave?
    The closest schools to 1118 E Spence Ave in Tempe, AZ are Connolly Middle School (rated 3/10), Curry Elementary School (rated 4/10), McClintock High School (rated 8/10).
  • How big is the lot at 1118 E Spence Ave?
    The lot at 1118 E Spence Ave in Tempe, AZ is about 0.17 acres (7,500 sq ft).