$699,000
3 Beds
1.5 Baths
1,581 sqft
38 W THOMAS Lane, Tempe, AZ 85281
Est. Mortgage $3,945/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 84% nearby.
Home Highlights
Property Type
Single-Family Home
Year Built
1945
Price/Sqft
$442
Parking
3 Open Spaces
Local Information
- Map ViewExplore the area around 38 W THOMAS Lane.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
2 houses on this property. Front house and back house have been rented with good cash flow. Walk to ASU and Honor Health Tempe.
Main House is 3 bedroom, 1 bedroom guest house with separate electric meter in rear.
One of a kind location in the area of Historic Downtown Tempe, Saltillo Tile thru out.
Main House is 3 bedroom, 1 bedroom guest house with separate electric meter in rear.
One of a kind location in the area of Historic Downtown Tempe, Saltillo Tile thru out.
Last check for updates: about 13 hours ago
Listing courtesy of Susan A Wood, (480) 540-4648
HomeSmart
Source: ARMLS, MLS#7072422
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
We estimate this home will sell faster than 84% nearby.
Home Details for 38 W THOMAS Lane
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1581 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Dishwasher, Gas Range, Gas Oven, Gas CooktopDishwasherLaundry: Gas Dryer HookupRefrigerator |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Spa: NoneNo Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Floors: Carpet, Tile |
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Exterior Home Features Roof: CompositionFencing: Back Yard, Wire |
Parking & Garage Number of Carport Spaces: 1Number of Covered Spaces: 1Open Parking Spaces: 3Has a CarportNo GarageHas Open ParkingParking Spaces: 4Parking: Carport, Open |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 4Days on Market: 7 |
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Year Built Year Built: 1945 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Spanish |
Building Construction Materials: Stucco, AdobeNot Attached Property |
Property Information Parcel Number: 13318015 |
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Price List Price: $699,000Price Per Sqft: $442 |
Status Change & Dates Possession Timing: By Agreement |
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MLS Status: Active |
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Direction & Address City: TempeCommunity: COLLEGE VIEW |
School Information Elementary School: Holdeman Elementary SchoolElementary School District: Tempe School DistrictJr High / Middle School: Connolly Middle SchoolHigh School: Tempe High SchoolHigh School District: Tempe Union High School District |
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Listing Agent Listing ID: 7072422 |
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Building Area Building Area: 1581 Square Feet |
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HOA Fee Includes: No FeesNo HOA |
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Lot Area: 8625 sqft |
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Special Conditions: Owner/Agent |
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Listing Terms: Cash |
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Business Information Ownership: Fee Simple |
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Mls Number: 7072422 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
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
Home Value
Trulia Estimate
$675KSince last month
Decreased$52K (-6.9%)Since last year
Decreased$5K (-0.7%)Since last sale
Increased$416K (+147.6%)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 +123% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $698K |
| August 2026 | $675K |
| July 2026 | $750K |
| June 2026 | $771K |
| May 2026 | $761K |
| April 2026 | $752K |
| March 2026 | $752K |
| February 2026 | $739K |
| January 2026 | $724K |
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 |
|---|---|---|---|---|---|---|---|
0.23 | Single-Family Home | $376,700 | 08/13/26 | 3 | 1 | 1,148 | |
0.31 | Single-Family Home | $420,000 | 11/24/25 | 3 | 2 | 1,260 | |
0.31 | Single-Family Home | $450,000 | 11/20/25 | 3 | 2 | 1,198 | |
0.32 | Single-Family Home | $690,000 | 07/01/26 | 3 | 2 | 1,548 | |
0.29 | Single-Family Home | $400,000 | 07/29/26 | 3 | 1 | 1,148 | |
0.22 | Single-Family Home | $785,000 | 10/27/25 | 3 | 2 | 1,890 | |
0.41 | Single-Family Home | $301,914 | 04/24/26 | 3 | 2 | 1,210 | |
0.34 | Single-Family Home | $485,000 | 01/15/26 | 3 | 2 | 1,425 | |
0.48 | Single-Family Home | $430,000 | 09/11/25 | 3 | 2 | 1,611 |
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 |
|---|---|---|---|---|---|---|
0.03 | - | - | - | - | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.01 | $389,400 | 3 | 2 | 1,500 | Off Market | |
0.07 | $1,950,000 | - | - | - | For Sale | |
0.09 | $1,095,000 | 4 | 3.5 | 2,323 | For Sale | |
0.12 | - | - | - | - | Off Market | |
0.14 | $825,300 | 4 | 3 | 2,003 | Off Market | |
0.16 | $1,300,000 | 4 | 4 | 3,332 | Recently Sold | |
0.17 | $329,000 | - | - | - | For Sale | |
0.18 | $503,600 | 4 | 2.5 | 1,300 | Off Market | |
0.17 | - | - | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 30, 2026 Source: HomeSmart #7058191 | PriceChange | $2,050 Price decreased by 100% |
Aug 28, 2026 Source: ARMLS #7072422 | Listed For Sale | $699,000 |
Jul 24, 2026 Source: HomeSmart #7058191 | Listed For Rent | $2,400 |
Jul 8, 2022 Source: ARMLS Broker 259 - My Home Group RE | ListingRemoved | |
Jun 24, 2022 Source: ARMLS Broker 259 - My Home Group RE #6417981 | PriceChange | $2,200 Price decreased by 8% |
Jun 17, 2022 Source: ARMLS Broker 259 - My Home Group RE #6417981 | Listed For Rent | $2,400 |
Apr 7, 2022 Source: ARMLS Broker 259 - My Home Group RE | ListingRemoved | |
Mar 21, 2022 Source: ARMLS Broker 259 - My Home Group RE #6371401 | Listed For Rent | $2,000 |
Aug 13, 2017 Source: Agent Provided | ListingRemoved | $1,600 |
Jul 9, 2017 Source: Agent Provided | Listed For Rent | $1,600 |
Jul 8, 2016 Source: Agent Provided | ListingRemoved | $1,550 |
Apr 1, 2016 Source: Agent Provided | ListingRemoved | $725 |
Jul 14, 2015 Source: Agent Provided | ListingRemoved | $1,475 |
Jul 3, 2015 Source: Agent Provided | Listed For Rent | $1,475 |
Sep 24, 2014 Source: Agent Provided | ListingRemoved | $1,350 |
Sep 21, 2014 Source: Agent Provided | PriceChange | $1,350 Price decreased by 4% |
Sep 5, 2014 Source: Agent Provided | PriceChange | $1,400 Price decreased by 2% |
Aug 15, 2014 Source: Agent Provided | Listed For Rent | $1,425 |
Jun 4, 2003 Source: N/A | Sold | $282,000 |
Jun 6, 1997 Source: N/A | Sold | $142,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,696 | $681,600 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Susan A Wood, HomeSmart
Agent Phone: (480) 540-4648
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Frequently asked questions about 38 W THOMAS Lane
- What is the estimated monthly payment for 38 W THOMAS Lane?Based on a $699,000 list price with 20% down at today's rates, the estimated monthly payment for 38 W THOMAS Lane in Tempe, AZ is approximately $4,037 (about $3,723 principal & interest, $239 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 38 W THOMAS Lane compare to homes in Tempe?38 W THOMAS Lane in Tempe, AZ is listed at $699,000, about 51% above the $463K median sale price in Tempe.
- What are the closest schools to 38 W THOMAS Lane?The closest schools to 38 W THOMAS Lane in Tempe, AZ are Geneva Epps Mosley Middle School (rated 2/10), Holdeman Elementary School (Pre-K, rated 4/10), Tempe High School (rated 5/10).
- What is 38 W THOMAS Lane estimated to be worth?Trulia's estimated value for 38 W THOMAS Lane in Tempe, AZ is $674,900.
- Does 38 W THOMAS Lane have air conditioning?Yes, 38 W THOMAS Lane in Tempe, AZ has air conditioning.
- Does 38 W THOMAS Lane have laundry facilities?Yes, 38 W THOMAS Lane in Tempe, AZ has laundry facilities.