1240 E Verlea Dr, Tempe, AZ 85282
Property image
Property image
OFF MARKET

$497,200

Trulia Estimate
as of Nov 11, 2026
  • 4 Beds
  • 3 Baths
  • 1,670 sqft

1240 E Verlea Dr, Tempe, AZ 85282

Hughes Acres

Home Highlights

Single-Family Home
1,670 sqft
$298/sqft

Local Information

  • Map ViewExplore the area around 1240 E Verlea Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Master bedroom suiteRo water filter system
REMODELED & FURNISHED! Available to occupy May 1, 2026

Great Location in the heart of Tempe, and a 5-Minute Drive to ASU. This 4 Bedroom/3 Bathroom Home is close to Freeways, Shopping, Restaurants, and Parks.

Features include an Open-Concept Kitchen/Living Room area, Master Bedroom Suite, Primary Bedroom w/private Bathroom, Laundry Room (Washer/Dryer included), RO Water Filter System, and POOL!

Tenant responsible for all Utilities, and Wifi Service.
1240 E Verlea Dr, Tempe, AZ 85282 is a 4 bedroom, 3 bathroom, 1,670 sqft single-family home in Hughes Acres. It last sold for $365,000 on Nov 30, 2020 (7,349% above the $4,900 asking price). More recently, it was listed as a rental in October 2025 with an asking price of $4,900 per month. That rental listing was removed on September 24, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $497,200, with a rent estimate of $3,085/month.

Home Details for 1240 E Verlea Dr

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Air Conditioner, Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerWasher

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 Year

Exterior Features

Pool
Pool
Parking & Garage
Parking: Off Street Parking, On Site

Comparable Sales for 1240 E Verlea Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2425 S NEWBERRY Road, Tempe, AZ
0.13
Single-Family Home
$525,000
07/17/26
4
2.5
1,998 sqft
1410 E Verlea Drive, Tempe, AZ
0.16
Single-Family Home
$490,000
04/17/26
4
2
1,633 sqft
1233 E BROADMOR Drive, Tempe, AZ
0.08
Single-Family Home
$475,000
07/08/26
3
2
1,590 sqft
1228 E BROADMOR Drive, Tempe, AZ
0.11
Single-Family Home
$595,000
02/10/26
4
2
1,632 sqft
1314 E VERLEA Circle, Tempe, AZ
0.12
Single-Family Home
$370,000
05/21/26
3
2
1,392 sqft
1260 E ALAMEDA Drive, Tempe, AZ
0.17
Single-Family Home
$524,900
09/17/26
4
2
1,674 sqft
1506 E BROADMOR Drive, Tempe, AZ
0.25
Single-Family Home
$425,000
01/27/26
4
2
1,613 sqft
1227 E Broadmor Drive, Tempe, AZ
0.17
Single-Family Home
$410,000
06/18/26
3
2
1,478 sqft
1307 E Broadmor Dr, Tempe, AZ
0.11
Single-Family Home
$443,304
07/02/26
3
2
1,288 sqft
1232 E BROADMOR Drive, Tempe, AZ
0.11
Single-Family Home
$625,000
02/27/26
3
2
1,752 sqft

Nearby homes

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Price and Tax history

DateEventPrice
Sep 24, 2026
Source: Zillow Rentals
ListingRemoved
$4,900
Apr 16, 2026
Source: Zillow Rentals
PriceChange
$4,900
Price decreased by 29%
Apr 10, 2026
Source: Zillow Rentals
PriceChange
$6,900
Price increased by 41%
Dec 29, 2025
Source: Zillow Rentals
PriceChange
$4,900
Price increased by 23%
Oct 28, 2025
Source: Zillow Rentals
PriceChange
$3,990
Price decreased by 19%

Around this home

Neighborhood Overview

Hughes Acres
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Hughes Acres

At least 1 Trulia users voted on each feature.

  • 100 % Say neighbors are friendly

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "The Tempe Orbit comes through the neighborhood often but I just drive my personal car. There seems to be some bus stops nearby as well."
    1
    Flag
  • Trulia User
    "I use an electric car and occasionally the light rail to get to work and other places. but I do see public transportation all the time "
    0
    Flag
  • Trulia User
    "A small dog park in the area that's empty on mae street, It would be amazing to have a space just for the dogs and theres alot on the neighborhood. It could be done really nice and would be just for the neighborhood. "
    0
    Flag
  • Trulia User
    "We help each other. Raised our kids together. This neighborhood seems to understand it takes a village. and we have each other's backs in a crisis. it neighborhood is also culturally diverse. and our neighborhood has all afe ranges living it. We are near ASU and downtown Tempe, which is very charming. "
    0
    Flag
  • Trulia User
    "I work from home due to the ongoing pandemic. However, my commute to the office (Marina Heights) is a challenge with the nonstop construction, road work for the streetcar line, and regular ASU traffic."
    0
    Flag
  • Pablo
    "Work is two miles away. I use public transportation my total commute is about 25-30 minutes each way. When I drive it’s 15 traffic lights. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1240 E Verlea Dr

  • What is 1240 E Verlea Dr estimated to be worth?
    Trulia's estimated value for 1240 E Verlea Dr in Tempe, AZ is $497,200.
  • What is the price history for 1240 E Verlea Dr?
    1240 E Verlea Dr in Tempe, AZ last sold for $365,000 in November 2020.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $452K. That is down $9.17K from the prior month.
  • Does 1240 E Verlea Dr have air conditioning?
    Yes, 1240 E Verlea Dr in Tempe, AZ has air conditioning.
  • Does 1240 E Verlea Dr have a pool?
    Yes, 1240 E Verlea Dr in Tempe, AZ has a pool.

Homes for rent near 1240 E Verlea Dr

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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