We explore the possible advantages of extending the standard ΛCDM model by more realistic backgrounds compared to its spatially flat Robertson-Walker spacetime assumption, while preserving the underpinning physics; in particular, by simultaneously allowing non-zero spatial curvature and anisotropic expansion on top of ΛCDM, viz., the An-oΛCDM model. This is to test whether the latest observational data still support spatial flatness and/or isotropic expansion in this case, and, if not, to explore the roles of spatial curvature and expansion anisotropy (due to its stiff fluid-like behavior) in addressing some of the current cosmological tensions associated with ΛCDM. We first present the theoretical background and explicit mathematical construction of An-oΛCDM. Then we constrain the parameters of this model and its particular cases, namely, An-ΛCDM, oΛCDM, and ΛCDM, by using the data sets from different observational probes, viz., Planck CMB(+Lens), BAO, SnIa Pantheon, and CC data, and discuss the results in detail. Ultimately, we conclude that (i) the observational data confirm the spatial flatness and isotropic expansion assumptions of ΛCDM, though a very small amount of expansion anisotropy cannot be excluded, e.g., Ωσ0 10 −18 (95% C.L.) for An-ΛCDM from CMB+Lens data, (ii) the introduction of spatial curvature or anisotropic expansion, or both, on top ΛCDM does not offer a possible relaxation to the H0 tension, and (iii) the introduction of anisotropic expansion neither affects the closed space prediction from the CMB(+Lens) data nor does it improve the drastically reduced value of H0 led by the closed space.