1118 E Spence Ave
Tempe, AZ 85281
Jen Tilly Terrace- Studio
Studio
Home Value
Trulia Estimate
$394KSince 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
| Month | Estimated 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
|
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Property Type / Style Property Type: Single Family Home |
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Lot Area: 7500 sqft |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $591 | $166,500 |
Home facts updated by county records
Market trends in Tempe
Last updated July 2026
Avg. sale price
$463K
$1.67KMoM
Sale-to-List Price
98.3%
0.1%MoM
Price per sq ft
$289
$3MoM
Available listings
571
21MoM
Around this home
What Locals Say about Jen Tilly Terrace
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Apartments for Rent
Homes for sale near 1118 E Spence Ave
Off Market Homes Near 1118 E Spence Ave
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).