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1116 S HOLBROOK Lane, Tempe, AZ, 85281

2beds
1baths
798sqft
$359,900
$451price/sqft
$2,736/moest. monthly cost
$109,440/yrincome needed

About This Home

HUGE PRICE IMPROVEMENT!! PRIVATE DETACHED CLIMATE-CONTROLLED STUDIO + FULLY UPDATED, MOVE-IN READY HOME + NO HOA! This one-of-a-kind Tempe property offers the perfect combination of modern updates, exceptional versatility, and investment potential. Ideally located just minutes from ASU, Tempe Marketplace, Tempe Town Lake, Sky Harbor Airport, and the 101, 60, and I-10 freeways. Inside, you'll find a beautifully updated kitchen featuring white cabinetry, subway tile backsplash, 5-burner gas cooktop, and stainless appliances including a new LG refrigerator. Additional improvements include an updated bathroom with a tiled walk-in shower, energy-efficient dual-pane windows, wood-look tile and luxury vinyl plank flooring throughout, new interior window coverings & ceiling fans in every room, updated lighting, two decorative premium steel screen doors, a new side-yard storage shed, new corrugated steel side-yard fencing, a new breezeway gate creating a secure backyard, and a new perimeter fence--making this home truly move-in ready. The true standout feature is the private detached climate-controlled studio (approximately 140 square feet and not included in the home's livable square footage) complete with its own private entrance, mini-split HVAC system, new drywall, insulation, fresh interior paint, and baseboards, this flexible space is ideal as a home office, fitness room, art or music studio, private guest retreat, or roommate space. It also offers the potential to function as a 3rd bedroom for many buyers. Combined with desirable R-4 zoning, this unique property may also offer future ADU conversion potential (buyer to verify). Whether you're looking for the perfect home for your ASU student and roommates, your first home, a lock-and-leave residence, or a smart investment opportunity, this Tempe gem delivers the flexibility, lifestyle, and long-term value that today's buyers are searching for. Don't miss your opportunity to own this adorable "doll house" home in Tempe!

Getting Around

62
WalkingSomewhat Walkable
56
TransitGood Transit
79
BikeVery Bikeable

Schools

4/10
Thew Elementary SchoolGrades PK-50.5 mi
3/10
Connolly Middle SchoolGrades 6-80.9 mi
8/10
McClintock High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1953

Materials

  • Roof: Composition
  • Construction materials: Painted,Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Washer/Dryer Stacked,Dryer,Washer,Refrigerator,Built-in Microwave,Dishwasher,Gas Range,Gas Oven
  • Laundry features: Inside,Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • High Speed Internet,Eat-in Kitchen,No Interior Steps,Full Bth Master Bdrm
  • Window features: Low Emissivity Windows,Double Pane Windows,Tinted Windows,Vinyl Frame
  • Flooring: Vinyl,Tile

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s),Mini Split,Programmable Thmstat

Interior Area

  • Total structure area: 798
  • Total interior livable area: 798 sqft

Property

Details

  • Parcel number: 13267004

Features

  • Stories: 1
  • Patio & porch: Patio
  • Exterior features: Storage
  • Spa features: None
  • Fencing: Block,Chain Link

Lot

  • Lot size: 3,750 sqft
  • Features: Gravel/Stone Back,Grass Front

Parking

  • Total spaces: 5
  • Parking features: Attached Carport
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2
  • Carport: Yes
  • Carport spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingVery High

How This Home’s Risks Compare

Heat Wave
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,819$21,828
Home Insurance $103$1,236
Property Taxes $598$7,176
Electricity $216$2,603
Total$2,736$32,832

Income You'd Need if You Spent...

35% on housing$93,805/yr
40% on housing$82,080/yr
45% on housing$72,960/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$451This listing

vs Other Active Listings

Avg $/sqft

ZIP 85281$242
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85281$333
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Price change$349,000
2026-08-09Price change$349,900
2026-08-05Price change$350,000
2026-07-23Price change$359,900
2026-07-09Listed for sale$364,900
2024-05-23Sold$325,000
2024-04-18Price change$335,000
2024-04-09Listed for sale$340,000
2024-03-04Listing removed--
2024-02-03Price change$340,000
2023-11-29Price change$350,000
2023-11-02Listed for sale$365,000
2022-05-06Sold$350,000
2022-03-23Pending sale$350,000
2022-03-18Listed for sale$350,000
2021-01-29Sold$274,900
2020-11-14Price change$274,900
2020-11-03Listed for sale$282,500

For Sale by Agent

AgentKathy Diaz
BrokerageGood Oak Real Estate

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