$7,125 Closing Credit¹
#6854073, Erik Jensen, Stephen T Caniglia, Listing Office: Compass
#6856053·
Listing office: Realty Executives·
Listing agent: Lisa Greguska·
Listing office phone: 480-948-9450
$598,000 List price
42 W Thomas Ln Tempe, AZ 85281
$7,101
Closing credit¹
4 beds
4 baths
1,832 sqft
0.2 acres
$326 / sqft
House
Property details
About 42 W Thomas Ln
Great Investment. This unique home includes a MAIN HOUSE with 1,372sq ft, 4 bedrooms + 4baths, and a DETACHED STUDIO. Approximately 460 sq ft. with its own seperate meter, bathroom and kitchen. A fantastic investment property OR investment. It is a perfect lot to build a brand new home or add to the current home. R2 zoining makes this property highly desirable. Blocks from ASU, Mill Ave, waterfront, Cartel Coffee, Whole Foods and all the vibrant downtown Tempe places. Tenants in place- 48hour notice needed.
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Zoned, Other
Size1,832 sqft
Lot size0.24 Acres
Year built1925
MLS #6856053
Summary
- Flooring Type: Wood
- Interior: High Speed Internet, See Remarks, Eat-in Kitchen, 3/4 Bath Master Bdrm
- Fireplace: None
- Total Bedroom Count: 4
- Private Pool: No
- Architectural Style: Other
- Heating: Electric
- Cooling: Central Air, Ceiling Fan(s), Zoned, Other
- List Price: $598,000
- Price/SqFt: $326
- Directions: SOUTH ONE BLOCK FROM 13TH ST. RIGHT ON THOMAS LANE.
- Year Built: 1925
- Stories: 1
- Living Area: 1,832 SqFt
- Lot Size: 0.24 Acres
- MLS Number: 6856053
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Realty Executives
- Office Phone: (480) 948-9450
- Office Email: dpatricklewis@gmail.com
- Listing Agent: Lisa Greguska
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© 2025 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: 5/20/2025, 11:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$598,000
42 W Thomas Ln
$7,101
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
6
Broadmor Elementary School
Public District KG-5
0.8 mi
•311 E Aepli Dr
2
Holdeman Elementary School
Public District KG-5
1.1 mi
•1326 W 18th St
3
Scales Technology Academy
Public District KG-5
1.1 mi
•1115 W 5th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $130,000. Most Tempe, AZ residents have annual incomes between $100k-200k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
27%
<35k
17%
35k-100k
40%
100k-200k
16%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
83%
Single, No Kids
3%
Single, with Kids
9%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
1%
<11 yrs old
1%
12-17 yrs old
93%
18-34 yrs old
4%
35-64 yrs old
1%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Live Theatre
Music Concerts
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Boston Market
Chipotle
Starbucks
What do the neighbors drive?
Honda
Mercedes
Volkswagen
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 42 W Thomas Ln
The listing price of 42 W Thomas Ln property is $598,000.
The property 42 W Thomas Ln is a house located in Tempe, Arizona, 85281.
Active Listing: 42 W Thomas Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 42 W Thomas Ln are: Broadmor Elementary School (GreatSchools Rating 6/10), Holdeman Elementary School (GreatSchools Rating 2/10), Scales Technology Academy (GreatSchools Rating 3/10), McKemy Academy of International Studies (GreatSchools Rating 6/10), Gililland Middle School (GreatSchools Rating 2/10), Connolly Middle School (GreatSchools Rating 4/10), Tempe High School (GreatSchools Rating 4/10), International Commerce High School - Tempe (GreatSchools Rating 4/10), New School for the Arts (GreatSchools Rating 9/10).
The property at 42 W Thomas Ln has 4 bedrooms and 4 bathrooms.
The property 42 W Thomas Ln is 1,832 SqFt (source: MLS/tax record).
The year of construction for 42 W Thomas Ln is 1925.
This home is located at 42 W Thomas Ln in Tempe, AZ and zip code 85281 in the Maple Ash neighborhood. This 1,832 square foot home, which was built in 1925, sits on a 0.24 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $598,000.
While more than 22 listings in Tempe, AZ in April 2025 were sold above asking price, there were more than 29 listings sold at asking price, and more than 66 were sold below. In April 2025 in Tempe, AZ there were 14.6% more homes for sale than in March. The median list price of listings available in April 2025 was $482,587, while the average time on the real estate market was 55 days.
From Rocket Homes Real Estate and based on county public records data.