1985 E RICE Drive, Tempe, AZ 85283
Property image
Property image
OFF MARKET

$482,300

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,840 sqft (on 0.26 acres)

1985 E RICE Drive, Tempe, AZ 85283

Optimist Park NE
Est. Refi. Payment $2,885/mo*
Refinance Your Home
Currently Off Market - Sold Jan 31, 2025 for $430,000

Home Value

Trulia Estimate
$482K
Since last month
Increased$24K (+5.2%)
Since last year
Increased$66K (+15.7%)
Since last sale
Increased$52K (+12.1%)
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 increased by +79% in the last 10 years
MonthEstimated value
2026
September 2026$482K
August 2026$458K
July 2026$422K
June 2026$420K
May 2026$420K
April 2026$416K
March 2026$417K
February 2026$420K
January 2026$419K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
2020 E RICE Drive, Tempe, AZ
0.11
Single-Family Home
$420,000
08/31/26
3
2
1,432
2024 E RICE Drive, Tempe, AZ
0.13
Single-Family Home
$430,000
04/02/26
3
2
1,432
5343 S HAZELTON Lane, Tempe, AZ
0.27
Single-Family Home
$420,000
04/14/26
3
2
1,787
1970 E DUKE Drive, Tempe, AZ
0.04
Single-Family Home
$740,000
03/10/26
4
2
2,419
1951 E OXFORD Drive, Tempe, AZ
0.27
Single-Family Home
$493,333
06/12/26
3
2
2,012
2030 E Colgate Drive, Tempe, AZ
0.19
Single-Family Home
$536,000
05/22/26
3
2
1,741
1983 E DUNBAR Drive, Tempe, AZ
0.13
Single-Family Home
$610,000
03/26/26
3
2
1,660
1959 E DUNBAR Drive, Tempe, AZ
0.14
Single-Family Home
$600,000
04/15/26
4
2
1,826
2072 E DONNER Drive, Tempe, AZ
0.25
Single-Family Home
$431,000
06/26/26
4
2
1,787
2046 E HARVARD Drive, Tempe, AZ
0.21
Single-Family Home
$540,000
07/31/26
3
2
1,600

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
1970 E DUKE Drive, Tempe, AZ 85283
0.04
$740,000
4
2
2,419
Recently Sold
1997 E DUKE Drive, Tempe, AZ 85283
0.07
$494,000
3
2
1,602
Off Market
1969 E DUKE Drive, Tempe, AZ 85283
0.06
$764,900
5
3
2,197
Recently Sold
5206 S CLARK Drive, Tempe, AZ 85283
0.10
$533,900
4
2
1,817
Off Market
2020 E RICE Drive, Tempe, AZ 85283
0.11
$420,000
3
2
1,432
Recently Sold
2024 E RICE Drive, Tempe, AZ 85283
0.13
$430,000
3
2
1,432
Recently Sold
1983 E DUNBAR Drive, Tempe, AZ 85282
0.13
$610,000
3
2
1,660
Recently Sold
5111 S CLARK Drive, Tempe, AZ 85282
0.14
$535,800
3
2
1,692
Off Market
5213 S MONACO Drive, Tempe, AZ 85283
0.10
$297,200
2
2
1,111
Off Market
5242 S CLARK Drive, Tempe, AZ 85283
0.12
$569,000
3
2
1,505
Off Market
5112 S FAIRFIELD Drive, Tempe, AZ 85282
0.16
$469,700
3
2
1,564
Off Market

Local Information

  • Map ViewExplore the area around 1985 E RICE Drive.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1975
0.26 acre lot
1,840 sqft
$262/sqft
Garage

About this House

Amazing Tempe location in need of light TLC.
3/2 home with large updated kitchen, lots of hickory cabinets, granite countertops and built in desk work area and fireplace. 320sf bonus room with travertine tile for extra space. 800sf workshop in back with power and easy access. 25ft Alley gate and front gate access big enough to drive in your boat, mid-size camper, work vehicles, trailers, tools, toys and much more! Storage area is one half of huge oversized lot separated from good size backyard that has a large covered patio. One of the biggest lots in the neighborhood. 1/2 mile from 101 Fwy and 60 Fwy, close to ASU. Close to everything, top rated Fuller K-5 school right down the street.
1985 E RICE Drive, Tempe, AZ 85283 is a 3 bedroom, 2 bathroom, 1,840 sqft single-family home in Optimist Park NE, built in 1975. It last sold for $430,000 on Jan 31, 2025 (12% below the $489,990 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $482,300, with a rent estimate of $2,333/month.
Last check for updates: about 13 hours ago
Listed by Shane Sinnema, (602) 315-2327
DeLex Realty
Bought with: Kathlene Warren, (480) 316-7062, Real Broker
Source: ARMLS, MLS#6779111
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 1985 E RICE Drive

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Dimensions and Layout
Living Area: 1840 Square Feet
Appliances & Utilities
Appliances: Dryer, Refrigerator, Dishwasher, Disposal, Electric CooktopDishwasherDisposalDryerLaundry: InsideRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
Number of Fireplaces: 1Spa: NoneHas a Fireplace
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Carpet, Stone, Tile, Wood
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Carpet, Stone, Tile, Wood

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: CoveredFencing: BlockExterior: StorageNo Private Pool
Parking & Garage
Open Parking Spaces: 3No CarportHas a GarageHas Open ParkingParking Spaces: 3Parking: RV Access/Parking,RV Gate,Extended Length Garage,Over Height Garage,Storage,Detached
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 91

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Brick Veneer, BlockNot Attached Property
Property Information
Usage of Home: NoneParcel Number: 30101694

Price & Status

Price
List Price: $489,990
Status Change & Dates
Off Market Date: Sat Feb 01 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: TempeCommunity: KNOELL TEMPE UNIT 5
School Information
Elementary School: Fuller Elementary SchoolElementary School District: Tempe Elementary School DistrictJr High / Middle School: Fees College Preparatory Middle SchoolHigh School: Marcos De Niza High SchoolHigh School District: Tempe Union High School District

Building

Building Area
Building Area: 1840 Square Feet

Community

Community Features: Near Bus Stop, Playground
Other
Playground

HOA

HOA Fee Includes: No FeesNo HOA

Lot Information

Lot Area: 0.26 acres

Offer

Listing Terms: Cash, Conventional, FHA

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6779111

Additional Information

Near Bus StopPlayground

Price and Tax history

DateEventPrice
Jan 31, 2025
Source: ARMLS #6779111
Sold
$430,000
Nov 2, 2024
Source: ARMLS #6779111
Listed For Sale
$489,990
Nov 24, 2014
Source: ARMLS #5139275
Sold
$235,000
Mar 18, 1999
Source: N/A
Sold
$110,000
Jun 8, 1994
Source: N/A
Sold
$83,500

Market trends in Tempe

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$461K
$1.5KMoM
Sale-to-List Price
98.3%
Price per sq ft
$289
$0MoM
Available listings
593
22MoM

Around this home

Neighborhood Overview

Optimist Park NE
See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Frequently asked questions about 1985 E RICE Drive

  • What is 1985 E RICE Drive estimated to be worth?
    Trulia's estimated value for 1985 E RICE Drive in Tempe, AZ is $482,300.
  • What is the price history for 1985 E RICE Drive?
    1985 E RICE Drive in Tempe, AZ last sold for $430,000 in January 2025.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $461K. That is down $1.5K from the prior month.
  • Does 1985 E RICE Drive have air conditioning?
    Yes, 1985 E RICE Drive in Tempe, AZ has air conditioning.
  • Does 1985 E RICE Drive have laundry facilities?
    Yes, 1985 E RICE Drive in Tempe, AZ has laundry facilities.

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