2040 E Rice Dr, Tempe, AZ 85283
Property image
Property image
OFF MARKET

$428,500

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,487 sqft

2040 E Rice Dr, Tempe, AZ 85283

Optimist Park NE
Est. Refi. Payment $2,602/mo*
Refinance Your Home
Currently Off Market - Sold Nov 23, 2016 for $260,000

Home Value

Trulia Estimate
$429K
Since last month
Decreased$700 (-0.2%)
Since last year
Decreased$9K (-2.1%)
Since last sale
Increased$169K (+64.8%)
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 increased by +62% in the last 10 years
MonthEstimated value
2026
October 2026$429K
September 2026$431K
August 2026$429K
July 2026$429K
June 2026$437K
May 2026$441K
April 2026$440K
March 2026$443K
February 2026$438K
January 2026$433K
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
2024 E RICE Drive, Tempe, AZ
0.05
Single-Family Home
$430,000
04/02/26
3
2
1,432
2046 E HARVARD Drive, Tempe, AZ
0.10
Single-Family Home
$540,000
07/31/26
3
2
1,600
2055 E RICE Drive, Tempe, AZ
0.05
Single-Family Home
$625,000
12/19/25
3
2
1,652
2020 E RICE Drive, Tempe, AZ
0.07
Single-Family Home
$420,000
08/31/26
3
2
1,432
2072 E DONNER Drive, Tempe, AZ
0.11
Single-Family Home
$431,000
06/26/26
4
2
1,787
2030 E Colgate Drive, Tempe, AZ
0.17
Single-Family Home
$536,000
05/22/26
3
2
1,741
2053 E MINTON Drive, Tempe, AZ
0.24
Single-Family Home
$450,000
06/11/26
3
2
1,599
2136 E COLGATE Drive, Tempe, AZ
0.22
Single-Family Home
$450,000
05/20/26
5
2
1,848
1983 E DUNBAR Drive, Tempe, AZ
0.20
Single-Family Home
$610,000
03/26/26
3
2
1,660
2762 W JACINTO Circle, Mesa, AZ
0.43
Single-Family Home
$310,000
04/08/26
3
2
1,509

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
2044 E Rice Dr, Tempe, AZ 85283
0.01
$443,500
3
2
1,652
Off Market
2036 E Rice Dr, Tempe, AZ 85283
0.02
$424,000
Studio
2
1,652
Off Market
2048 E Rice Dr, Tempe, AZ 85283
0.02
$377,200
3
2
1,700
Off Market
2043 E Rice Dr, Tempe, AZ 85283
0.02
$473,100
3
2
1,704
Off Market
2039 E Rice Dr, Tempe, AZ 85283
0.02
$459,400
3
2
1,652
Off Market
2047 E RICE Drive, Tempe, AZ 85283
0.03
$551,000
3
2
1,652
Off Market
2032 E Rice Dr, Tempe, AZ 85283
0.03
$382,000
Studio
2
1,260
Off Market
2032 E Rice Dr #T, Tempe, AZ 85283
0.03
-
-
-
-
Off Market
2035 E Rice Dr, Tempe, AZ 85283
0.03
$453,900
Studio
2
1,652
Off Market
2052 E Rice Dr, Tempe, AZ 85283
0.03
$422,900
Studio
2
1,652
Off Market
2051 E Rice Dr, Tempe, AZ 85283
0.04
$501,900
3
2
1,572
Off Market
2031 E RICE Drive, Tempe, AZ 85283
0.04
$520,700
3
2
1,572
Off Market
2028 E Rice Dr, Tempe, AZ 85283
0.04
$435,900
Studio
2
1,773
Off Market
2038 E Duke Dr, Tempe, AZ 85283
0.05
$457,100
Studio
2
1,652
Off Market
2034 E Duke Dr, Tempe, AZ 85283
0.05
$473,600
3
2
1,572
Off Market
2056 E Rice Dr, Tempe, AZ 85283
0.05
$446,400
4
2
1,652
Off Market
2042 E Duke Dr, Tempe, AZ 85283
0.05
$437,500
3
2
1,700
Off Market
2030 E Duke Dr, Tempe, AZ 85283
0.05
$554,500
3
2
1,652
Off Market
2055 E RICE Drive, Tempe, AZ 85283
0.05
$625,000
3
2
1,652
Recently Sold
2027 E Rice Dr, Tempe, AZ 85283
0.05
$470,900
3
2
1,652
Off Market

Local Information

  • Map ViewExplore the area around 2040 E Rice Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1974
1,487 sqft
$288/sqft
Garage

About this House

What's unique:Vegetable garden areaShade treesLarge backyardRice drExpanded pantryCustom bar area
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.
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $428,500, with a rent estimate of $2,112/month.

Home Details for 2040 E Rice Dr

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningHeating 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

Exterior Features

Exterior Home Features
Roof: OtherExterior: StuccoPatio
Parking & Garage
GarageParking Spaces: 3Parking: Garage Detached

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 6912 sqft

Price and Tax history

DateEventPrice
Apr 2, 2024
Source: Zillow Rentals
ListingRemoved
Mar 29, 2024
Source: Zillow Rentals
Listed For Rent
$2,350
May 11, 2022
Source: Zillow Rental Manager
ListingRemoved
May 10, 2022
Source: Zillow Rental Manager
Listed For Rent
$2,295
Apr 17, 2019
Source: Agent Provided
ListingRemoved
$1,795

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 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 $428,500.
  • 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 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 2040 E Rice Dr have laundry facilities?
    Yes, 2040 E Rice Dr in Tempe, AZ has in-unit laundry.
  • How big is the lot at 2040 E Rice Dr?
    The lot at 2040 E Rice Dr in Tempe, AZ is about 0.16 acres (6,912 sq ft).

Explore by feature - Pet Friendly

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Apartments for Rent

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Off Market Homes Near 2040 E Rice Dr

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