$509,000
- Studio
- 2 Baths
- 2,328 sqft
1240 E Riviera Dr, Tempe, AZ 85282
Est. Refi. Payment $2,863/mo*
Refinance Your HomeHome Value
Trulia Estimate
$509KSince last month
Increased$1K (+0.2%)Since last year
Decreased$800 (-0.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +72% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $509K |
| July 2026 | $508K |
| June 2026 | $514K |
| May 2026 | $510K |
| April 2026 | $510K |
| March 2026 | $514K |
| February 2026 | $518K |
| January 2026 | $517K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $585,000 | 05/11/26 | 3 | 2 | 1,576 | |
0.14 | Single-Family Home | $490,000 | 04/23/26 | 4 | 2 | 2,580 | |
0.17 | Single-Family Home | $595,000 | 06/24/26 | 5 | 2 | 2,199 | |
0.06 | Single-Family Home | $685,000 | 12/19/25 | 4 | 3 | 2,000 | |
0.18 | Single-Family Home | $679,000 | 05/22/26 | 3 | 2 | 2,057 | |
0.22 | Single-Family Home | $547,000 | 02/25/26 | 4 | 2 | 2,345 | |
0.27 | Single-Family Home | $575,000 | 11/04/25 | 4 | 2 | 1,980 | |
0.26 | Single-Family Home | $425,000 | 03/06/26 | 4 | 2 | 1,852 | |
0.17 | Single-Family Home | $409,000 | 07/02/26 | 3 | 2 | 1,396 | |
0.31 | Single-Family Home | $699,995 | 12/18/25 | 4 | 2 | 2,052 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $517,700 | 3 | 2 | 1,904 | Off Market | |
0.06 | $585,000 | 3 | 2 | 1,576 | Recently Sold | |
0.06 | $529,700 | 4 | 2 | 1,784 | Off Market | |
0.09 | $573,100 | 5 | 2 | 1,914 | Off Market | |
0.12 | $505,600 | 4 | 2 | 1,658 | Off Market | |
0.06 | $685,000 | 4 | 3 | 2,000 | Recently Sold | |
0.14 | $564,600 | 3 | 2 | 1,912 | Off Market | |
0.16 | $633,500 | 5 | 2 | 1,914 | Off Market | |
0.14 | $616,100 | 4 | 2 | 2,125 | Off Market | |
0.12 | $581,400 | 3 | 2 | 1,832 | Off Market | |
0.14 | $490,000 | 4 | 2 | 2,580 | Recently Sold | |
0.17 | $595,000 | 5 | 2 | 2,199 | Recently Sold |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1966
Living Area
2,328 sqft
Price/Sqft
$219
About this House
This single-family home is located at 1240 E Riviera Dr, Tempe, AZ. 1240 E Riviera Dr is in the Cyprus Southwest neighborhood in Tempe, AZ and in ZIP code 85282. This property has 2 bathrooms and approximately 2,328 sqft of floor space. This property has a lot size of 8255 sqft and was built in 1966.
1240 E Riviera Dr, Tempe, AZ 85282 is a studio, 2 bathroom, 2,328 sqft single-family home in Cyprus Southwest, built in 1966. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $509,000, with a rent estimate of $4,071/month.
Home Details for 1240 E Riviera Dr
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Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 7 |
Heating & Cooling Air ConditioningCooling System: Refrigerator |
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Exterior Home Features Roof: AsphaltExterior: Cement ConcretePatio |
Pool Pool |
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Year Built Year Built: 1966 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 8255 sqft |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,419 | $442,800 |
Home facts updated by county records
Market trends in Tempe
Last updated July 2026
Avg. sale price
$463K
$1.67KMoM
Sale-to-List Price
98.3%
0.1%MoM
Price per sq ft
$289
$3MoM
Available listings
571
21MoM
Around this home
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Frequently asked questions about 1240 E Riviera Dr
- What is 1240 E Riviera Dr estimated to be worth?Trulia's estimated value for 1240 E Riviera Dr in Tempe, AZ is $509,000.
- Is Tempe a buyer's or seller's market?Tempe is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Tempe?The median sale price in Tempe is $463K. That is down $1.67K from the prior month.
- What are the closest schools to 1240 E Riviera Dr?The closest schools to 1240 E Riviera Dr in Tempe, AZ are Connolly Middle School (rated 3/10), Joseph P. Spracale Elementary School (rated 5/10), McClintock High School (rated 8/10).
- Does 1240 E Riviera Dr have air conditioning?Yes, 1240 E Riviera Dr in Tempe, AZ has air conditioning.
- Does 1240 E Riviera Dr have a pool?Yes, 1240 E Riviera Dr in Tempe, AZ has a pool.