1940 E Magdalena Dr, Tempe, AZ 85283
Property image
Property image
OFF MARKET

$510,300

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,691 sqft (on 7 acres)

1940 E Magdalena Dr, Tempe, AZ 85283

Optimist Park SW
Est. Refi. Payment $2,862/mo*
Refinance Your Home
Currently Off Market - Sold Apr 25, 2023 for $465,000

Home Value

Trulia Estimate
$510K
Since last month
Decreased$7K (-1.3%)
Since last year
Increased$8K (+1.6%)
Since last sale
Increased$45K (+9.7%)
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 +81% in the last 10 years
MonthEstimated value
2026
August 2026$510K
July 2026$517K
June 2026$518K
May 2026$503K
April 2026$506K
March 2026$504K
February 2026$504K
January 2026$497K
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
5845 S KENWOOD Lane, Tempe, AZ
0.05
Single-Family Home
$420,000
02/27/26
3
2
1,564
2147 S Noche De Paz, Mesa, AZ
0.80
Single-Family Home
$475,000
01/02/26
3
2
1,617
1915 E GEMINI Drive, Tempe, AZ
0.16
Single-Family Home
$480,000
05/29/26
4
2
1,746
5721 S Kenwood Ln, Tempe, AZ
0.16
Single-Family Home
$480,000
05/28/26
4
2
1,642
2112 E APOLLO Avenue, Tempe, AZ
0.29
Single-Family Home
$520,000
03/10/26
3
2
1,778
1893 E SESAME Street, Tempe, AZ
0.22
Single-Family Home
$450,000
06/02/26
4
2
1,584
1948 E PEGASUS Drive, Tempe, AZ
0.26
Single-Family Home
$480,000
01/09/26
4
2
1,953
1845 E LA DONNA Drive, Tempe, AZ
0.28
Single-Family Home
$600,000
10/27/25
3
2
1,660
1919 E AUBURN Drive, Tempe, AZ
0.31
Single-Family Home
$400,000
03/23/26
3
2
1,602
2036 E Gemini Drive, Tempe, AZ
0.23
Single-Family Home
$600,000
12/31/25
3
2
2,132

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
5845 S KENWOOD Lane, Tempe, AZ 85283
0.05
$420,000
3
2
1,564
Recently Sold
2003 E MAGDALENA Drive, Tempe, AZ 85283
0.10
-
4
3
2,119
Off Market
1916 E MAGDALENA Drive, Tempe, AZ 85283
0.10
$637,700
4
2
2,070
Off Market
1936 E LIBRA Drive, Tempe, AZ 85283
0.09
-
4
2
1,691
Off Market
2012 E WATSON Drive, Tempe, AZ 85283
0.12
$582,900
4
2
2,250
Off Market
1934 E SESAME Street, Tempe, AZ 85283
0.17
$556,100
4
2
1,746
Off Market
2020 E WATSON Drive, Tempe, AZ 85283
0.15
$662,900
4
2
2,119
Off Market
1921 E GEMINI Drive, Tempe, AZ 85283
0.12
$634,500
4
3.5
2,360
For Sale
1915 E APOLLO Avenue, Tempe, AZ 85283
0.16
$588,700
4
2
1,746
Off Market
6121 S COUNTRY CLUB Way, Tempe, AZ 85283
0.14
$526,800
3
2
1,498
Off Market
2021 E MAGDALENA Drive, Tempe, AZ 85283
0.20
$661,300
4
2
2,119
Off Market
2031 E MAGDALENA Drive, Tempe, AZ 85283
0.21
$670,000
3
2
2,324
Off Market

Local Information

  • Map ViewExplore the area around 1940 E Magdalena Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1972
Lot Size
7 acres
Living Area
1,691 sqft
Price/Sqft
$302
Parking
Garage

About this House

Sweet corner lot home in classic Tempe neighborhood. Great proximity to shopping, dining, schools, highways. Wood burning fireplace, breakfast bar, alley access with RV gate. Oversized 2 car garage with utility sink. Brand new HVAC system. Two patios. Energy efficient windows. New ceiling fans in all bedrooms.

Tenant responsible for power, city services, and landscaping.
1940 E Magdalena Dr, Tempe, AZ 85283 is a 3 bedroom, 2 bathroom, 1,691 sqft single-family home in Optimist Park SW, built in 1972. It last sold for $465,000 on Apr 25, 2023. More recently, it was listed as a rental in February 2020 with an asking price of $1,800 per month. That rental listing was removed on March 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $510,300, with a rent estimate of $2,574/month.

Home Details for 1940 E Magdalena Dr

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6
Appliances & Utilities
DryerWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Cement Concrete
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7.00 acres

Price and Tax history

DateEventPrice
Aug 2, 2024
Source: ARMLS #6524942
ListingRemoved
$449,000
Dec 13, 2023
Source: ARMLS #6524942
ListingRemoved
Apr 25, 2023
Source: ARMLS #6537449
Sold
$465,000
Apr 25, 2023
Source: ARMLS #6537449
Pending
$449,000
Mar 30, 2023
Source: ARMLS #6537449
Listed For Sale
$449,000

Market trends in Tempe

Last updated July 2026
Buyer'sMarketSeller'sMarket
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

Neighborhood Overview

Optimist Park SW
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Optimist Park SW

At least 12 Trulia users voted on each feature.

  • 100 % Say streets are well-lit

  • 100 % Say it's dog friendly

  • 100 % Say people would walk alone at night

  • 100 % Say parking is easy

  • 95 % Say it's walkable to grocery stores

  • 94 % Say yards are well-kept

  • 93 % Say car is needed

  • 90 % Say there are sidewalks

  • 86 % Say they plan to stay for at least 5 years

  • 77 % Say it's quiet

  • 75 % Say there's holiday spirit

  • 69 % Say it's walkable to restaurants

  • 69 % Say kids play outside

  • 68 % Say neighbors are friendly

  • 24 % Say there's wildlife

  • 17 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • 480bbello
    "extremely safe area in Tempe, amazing place to live and raise kids at. fantastic public school system 👍"
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Frequently asked questions about 1940 E Magdalena Dr

  • What is 1940 E Magdalena Dr estimated to be worth?
    Trulia's estimated value for 1940 E Magdalena Dr in Tempe, AZ is $510,300.
  • What is the price history for 1940 E Magdalena Dr?
    1940 E Magdalena Dr in Tempe, AZ last sold for $465,000 in April 2023.
  • 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.
  • Does 1940 E Magdalena Dr have laundry facilities?
    Yes, 1940 E Magdalena Dr in Tempe, AZ has in-unit laundry.
  • How big is the lot at 1940 E Magdalena Dr?
    The lot at 1940 E Magdalena Dr in Tempe, AZ is about 7 acres.

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