2040 E Rice Dr
Tempe, AZ 85283
Optimist Park NE- 3 Beds
- 2 Baths
- 1,487 sqft
3 Beds
2 Baths
1,487 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1974
Living Area
1,487 sqft
Price/Sqft
$289
Parking
Garage
About this House
This is a completely remodeled 3bd/2bth home with gorgeous kitchen, added bar area and expanded pantry. Large backyard with shade trees, vegetable garden area and outdoor shed. Plus it has indoor laundry and an attached 2-car garage! Convenient freeway access and nearby grocery stores. Available for rent in early June. Property is currently occupied, please do not disturb tenants. Home showings available for qualified applicants.
Monthly landscaping included. Tenant to pay all utilities and city rental tax. Pet deposit and monthly pet fee applies as applicable.
Monthly landscaping included. Tenant to pay all utilities and city rental tax. Pet deposit and monthly pet fee applies as applicable.
2040 E Rice Dr, Tempe, AZ 85283 is a 3 bedroom, 2 bathroom, 1,487 sqft single-family home in Optimist Park NE, built in 1974. It last sold for $260,000 on Nov 23, 2016. More recently, it was listed as a rental in March 2024 with an asking price of $2,350 per month. That rental listing was removed on April 2, 2024. It is currently off market. The Trulia Estimate is $429,600, with a rent estimate of $2,336/month.
Home Details for 2040 E Rice Dr
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: OtherHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet |
Interior Details Number of Rooms: 5Types of Rooms: Family Room, Master Bath, Office, Pantry |
Appliances & Utilities DryerWasher |
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Exterior Home Features Roof: OtherExterior: StuccoPatio |
Parking & Garage GarageParking Spaces: 3Parking: Garage Detached |
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Year Built Year Built: 1974 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Units in Building: 1 |
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Lot Area: 6912 sqft |
Price History for 2040 E Rice Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 04/02/2024 | ListingRemoved | Zillow Rentals | |
| 03/29/2024 | $2,350 | Listed For Rent | Zillow Rentals |
| 05/11/2022 | ListingRemoved | Zillow Rental Manager | |
| 05/10/2022 | $2,295 | Listed For Rent | Zillow Rental Manager |
| 04/17/2019 | $1,795 | ListingRemoved | Agent Provided |
| 04/12/2019 | $1,795 | Listed For Rent | Agent Provided |
| 11/23/2016 | $260,000 | Sold | ARMLS #5510582 |
| 10/22/2016 | $269,900 | PriceChange | Agent Provided |
| 10/13/2016 | $279,900 | Listed For Sale | Agent Provided |
| 08/10/2016 | $205,000 | Sold | ARMLS #5391516 |
| 08/01/2016 | $210,000 | PriceChange | Agent Provided |
| 05/17/2016 | $220,000 | PriceChange | Agent Provided |
| 01/31/2016 | $225,000 | PriceChange | Agent Provided |
| 09/11/2014 | $1,250 | ListingRemoved | Agent Provided |
| 08/11/2014 | $1,250 | Listed For Rent | Agent Provided |
| 05/20/2014 | $227,000 | PriceChange | Agent Provided |
| 05/07/2014 | $225,000 | PriceChange | Agent Provided |
| 04/28/2014 | $1,295 | ListingRemoved | Agent Provided |
| 04/28/2014 | $227,000 | Listed For Sale | Agent Provided |
| 02/13/2014 | $1,295 | Listed For Rent | Agent Provided |
| 07/31/2001 | $140,000 | Sold | N/A |
Market trends in Tempe
Last updated June 2026
Avg. sale price
$463K
$5KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$291
$2MoM
Available listings
550
13MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,156 |
| Assessment | $326,700 |
Home facts updated by county records
Comparable Sales for 2040 E Rice Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $430,000 | 04/02/26 | 3 | 2 | 1,432 | |
0.10 | Single-Family Home | $540,000 | 07/31/26 | 3 | 2 | 1,600 | |
0.05 | Single-Family Home | $625,000 | 12/19/25 | 3 | 2 | 1,652 | |
0.11 | Single-Family Home | $431,000 | 06/26/26 | 4 | 2 | 1,787 | |
0.17 | Single-Family Home | $536,000 | 05/22/26 | 3 | 2 | 1,741 | |
0.25 | Single-Family Home | $477,500 | 08/20/25 | 3 | 2 | 1,432 | |
0.24 | Single-Family Home | $450,000 | 06/11/26 | 3 | 2 | 1,599 | |
0.22 | Single-Family Home | $450,000 | 05/20/26 | 3 | 2 | 1,848 | |
0.20 | Single-Family Home | $610,000 | 03/26/26 | 3 | 2 | 1,660 | |
0.43 | Single-Family Home | $310,000 | 04/08/26 | 3 | 2 | 1,509 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2040 E Rice Dr.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 2040 E Rice Dr
Off Market Homes Near 2040 E Rice Dr
Frequently asked questions about 2040 E Rice Dr
- What is 2040 E Rice Dr estimated to be worth?Trulia's estimated value for 2040 E Rice Dr in Tempe, AZ is $429,600.
- What is the price history for 2040 E Rice Dr?2040 E Rice Dr in Tempe, AZ last sold for $260,000 in November 2016.
- 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 up $5K from the prior month.
- Does 2040 E Rice Dr have air conditioning?Yes, 2040 E Rice Dr in Tempe, AZ has air conditioning.
- Does 2040 E Rice Dr have laundry facilities?Yes, 2040 E Rice Dr in Tempe, AZ has in-unit laundry.

