




1116 S HOLBROOK Lane, Tempe, AZ, 85281
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
Schools
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
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
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
| Monthly | Annual | |
|---|---|---|
| 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...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $349,000 |
| 2026-08-09 | Price change | $349,900 |
| 2026-08-05 | Price change | $350,000 |
| 2026-07-23 | Price change | $359,900 |
| 2026-07-09 | Listed for sale | $364,900 |
| 2024-05-23 | Sold | $325,000 |
| 2024-04-18 | Price change | $335,000 |
| 2024-04-09 | Listed for sale | $340,000 |
| 2024-03-04 | Listing removed | -- |
| 2024-02-03 | Price change | $340,000 |
| 2023-11-29 | Price change | $350,000 |
| 2023-11-02 | Listed for sale | $365,000 |
| 2022-05-06 | Sold | $350,000 |
| 2022-03-23 | Pending sale | $350,000 |
| 2022-03-18 | Listed for sale | $350,000 |
| 2021-01-29 | Sold | $274,900 |
| 2020-11-14 | Price change | $274,900 |
| 2020-11-03 | Listed for sale | $282,500 |
