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40 E Balboa Dr, Tempe, AZ, 85282

$650,000

Home List Price

$7,719*

Closing Credit

4 Bedrooms
2 Baths
2,714 SqFt
$240/SqFt
House

Location

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40 E Balboa Dr, Tempe$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingRV Gate
Year Built1960
HeatingZoned, Electric
CoolingCeiling Fan(s)
Fireplace1 Fireplace
MLS #6785897
Lot Size0.33 Acres
StatusActive

About 40 E Balboa Dr

Discover a rare gem in Tempe with this exceptional home situated on nearly 1/3 acre (14,161 sq. ft.) of prime real estate. * New HVAC installed September, 2024. Properties with such expansive lots are a rare find in this sought-after area, making this home an incredible opportunity. This beautiful residence features 4 bedrooms and 2 bathrooms, perfect for families or those who desire extra space. The fully equipped kitchen boasts elegant maple wood cabinets, spacious quartz countertops, and stainless steel appliances. The home's interior is equally impressive, with wood and tile floors that add a touch of warmth and sophistication. The family room is a cozy haven with a charming fireplace, ideal for relaxing evenings.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 1
  • Living Area: 2,714 SqFt

Listing Office:

  • Office Name: Lux Home Realty
  • Office Email: jbell@luxhomerealtyaz.com
  • Listing Agent: Jennifer Bell

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood
  • Interior: Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: RV Gate

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Zoned, Electric
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Mill Ave., South to Balboa Dr., East on Balboa Dr. Home is on the North side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $240/SqFt

Tax Information:

  • Annual Amount: $2,236
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Tempe, AZ.

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Tempe, AZ

City

Med. Sold Price

$475K

Med. Price/SqFt

$303

Avg. Days On Market

48

# of Sold Homes

120

40 E Balboa Dr vs Tempe

1 DAY ON ROCKET

-47 Days

$650,000

+$175K More

$240/SqFt

-$64 Less

KEY TAKEAWAY

This property is $175K more than the Median Sold Price and $64/SqFt less than other homes in Tempe, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6785897

Listing Office:

  • Office Name: Lux Home Realty
  • Office Email: jbell@luxhomerealtyaz.com
  • Listing Agent: Jennifer Bell

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/20/2024, 11:55:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 31, 2016Home Sold
$379,000
Aug 30, 2016Home Sold
$230,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,236$30,100
2020$2,168$28,350
2019$2,074$26,470
2017$2,013$22,330

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-163484
6
/10

  • Broadmor Elementary School

  • 311 E Aepli Dr

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-163485
2
/10

  • Carminati Elementary School

  • 4001 S McAllister Ave

  • 0.98 miles

  • Public District Grades PK-5

school-card-donut-163486
6
/10

  • Hudson Elementary School

  • 1325 E Malibu Dr

  • 1.35 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,188. Residents of Tempe, AZ typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 E Balboa Dr

What is the listing price of this property?

The listing price of 40 E Balboa Dr property is $650,000.

What type of property is this?

The property 40 E Balboa Dr is a house located in Tempe, Arizona, 85282.

Is this property for sale now?

Active Listing: 40 E Balboa Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,236 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 31, 2016 for $379,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40 E Balboa Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40 E Balboa Dr is 2,714 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 E Balboa Dr is 1960.

Rocket Homes›Arizona›Maricopa County›Tempe›85282›40 E Balboa Dr

This home is located at 40 E Balboa Dr in Tempe, AZ and zip code 85282 in the MACH 8 neighborhood. This 2,714 square foot home, which was built in 1960, sits on a 0.33 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $650,000.

In October 2024, from all listings sold in Tempe, AZ there were more than 17 sold above asking price, over 73 sold below and more than 30 were sold right at the asked price. The inventory of homes for sale in Tempe, AZ between September 2024 and October 2024 increased by 11.6%. Listings spent 48 days on the market in October 2024, and had a median list price of $475,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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