2123 E Margarita Dr, Tempe, AZ 85281
Property image
Property image
OFF MARKET

$344,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,560 sqft

2123 E Margarita Dr, Tempe, AZ 85281

Est. Refi. Payment $2,035/mo*
Refinance Your Home
Currently Off Market - Sold Oct 3, 2008 for $196,000

Home Value

Trulia Estimate
$345K
Since last month
Increased$500 (+0.1%)
Since last year
Decreased$18K (-4.8%)
Since last sale
Increased$149K (+76.2%)
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 +71% in the last 10 years
MonthEstimated value
2026
September 2026$345K
August 2026$345K
July 2026$345K
June 2026$352K
May 2026$353K
April 2026$356K
March 2026$360K
February 2026$357K
January 2026$352K
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
2151 E SANOS Drive, Tempe, AZ
0.10
Townhouse
$385,000
04/27/26
3
2
1,560
1501 S RIVER Drive, Tempe, AZ
0.13
Townhouse
$295,857
02/20/26
3
3
1,627
1901 S Shannon Drive, Tempe, AZ
0.07
Townhouse
$375,000
07/27/26
3
3
1,655
2135 E ROSARITA Drive, Tempe, AZ
0.07
Townhouse
$325,000
10/06/25
3
2.5
1,712
1832 S RIVER Drive, Tempe, AZ
0.08
Townhouse
$396,000
05/22/26
3
3
1,627
1512 S RIVER Drive, Tempe, AZ
0.12
Townhouse
$460,000
03/23/26
3
3
1,627
2073 E CAIRO Drive, Tempe, AZ
0.68
Townhouse
$382,000
09/02/26
2
2
1,245
2134 E BROADWAY Road #1046, Tempe, AZ
0.12
Townhouse
$308,000
11/24/25
2
2
1,083
1738 E GAYLON Drive, Tempe, AZ
0.87
Townhouse
$360,000
03/06/26
3
2
1,391
2335 E MCARTHUR Drive, Tempe, AZ
0.70
Townhouse
$350,000
09/04/26
3
2
1,450

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
1819 S TORRE MOLINOS Circle, Tempe, AZ 85281
0.04
$306,100
2
2
1,008
Off Market
2026 S SOLANA Drive, Tempe, AZ 85281
0.04
$376,100
3
2
1,564
Off Market
1616 S TORRE MOLINOS Circle, Tempe, AZ 85281
0.05
$354,500
3
2
1,560
Off Market
1703 S Torre Molinos Circle, Tempe, AZ 85281
0.06
$354,200
2
2
1,416
Off Market
1703 E TORRE MOLINOS Circle, Tempe, AZ 85281
0.06
$305,100
2
2
1,416
Off Market
1612 S TORRE MOLINOS Circle, Tempe, AZ 85281
0.05
$355,600
3
2
1,560
Off Market
2131 E Rosarita Drive, Tempe, AZ 85281
0.06
$364,200
3
2
1,560
Off Market
2022 E SOLANA Drive, Tempe, AZ 85281
0.05
$329,900
2
2
1,080
Off Market
1608 S TORRE MOLINOS Circle, Tempe, AZ 85281
0.05
$390,000
3
2
1,560
For Sale
2135 E ROSARITA Drive, Tempe, AZ 85281
0.07
$369,300
3
2.5
1,712
Off Market
1720 S RIVER Drive, Tempe, AZ 85281
0.05
$358,500
2
2
1,200
Off Market
1901 S Shannon Drive, Tempe, AZ 85281
0.07
$375,000
3
3
1,655
Recently Sold

Local Information

  • Map ViewExplore the area around 2123 E Margarita Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Townhouse
Built in 1974
1,560 sqft
$221/sqft

About this House

Remodeled kitchen and baths. Updated cabinets and sink in kitchen, along with a new stove. Spacious master bedroom downstairs + 2 bedrooms and loft upstairs. Bedroom 2 has great storage. Great room has vaulted ceilings. Large patio area in rear of home. One small pet ok. Available now.
2123 E Margarita Dr, Tempe, AZ 85281 is a 3 bedroom, 2 bathroom, 1,560 sqft townhouse built in 1974. It last sold for $196,000 on Oct 3, 2008. More recently, it was listed as a rental in September 2013 with an asking price of $1,250 per month. That rental listing was removed on May 2, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $344,700, with a rent estimate of $2,289/month.

Home Details for 2123 E Margarita Dr

Interior Features

Heating & Cooling
Heating: ElectricAir ConditioningCooling System: RefrigeratorHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 5Types of Rooms: Dining RoomCeiling Fan
Appliances & Utilities
DishwasherRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: TileDeckExterior: StuccoPatio
Parking & Garage
Parking: Carport

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: TownhouseArchitecture: Spanish

Community

Units in Building: 1

Lot Information

Lot Area: 4164 sqft

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
May 2, 2014
Source: Agent Provided
ListingRemoved
$1,100
Apr 17, 2014
Source: Agent Provided
PriceChange
$1,100
Price decreased by 8%
Dec 21, 2013
Source: Agent Provided
PriceChange
$1,200
Price decreased by 4%
Sep 24, 2013
Source: Agent Provided
Listed For Rent
$1,250
Oct 3, 2008
Source: ARMLS #3020371
Sold
$196,000

Market trends in Tempe

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$461K
$1.5KMoM
Sale-to-List Price
98.3%
Price per sq ft
$289
$0MoM
Available listings
593
22MoM

Around this home

What Locals Say about Tempe

At least 1318 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 90 % Say there are sidewalks

  • 79 % Say parking is easy

  • 77 % Say car is needed

  • 70 % Say it's walkable to restaurants

  • 68 % Say streets are well-lit

  • 66 % Say there's holiday spirit

  • 64 % Say people would walk alone at night

  • 62 % Say yards are well-kept

  • 61 % Say it's walkable to grocery stores

  • 58 % Say it's quiet

  • 53 % Say kids play outside

  • 43 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 25 % Say there's wildlife

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Have a car and traffic on the freeways is very heavy"
    0
    Flag
  • Jdimmel
    "Easy to get onto major freeways if you work downtown"
    0
    Flag
  • Cainiac
    "Tempe is a very large area. Even a zip code like 85281 can vary. I live in the ASU area near 1st and University. Walkable to Whole-foods and many restaurants. Tempe Beach is like an oasis. "
    0
    Flag
  • Karen Orton
    "Its walkable, nice park around the corner, houses are well maintained and there is no HOA. "
    0
    Flag
  • Louise Marin
    "Great walking areas. Dog play areas in the surrounding parks. Well lit areas for evening activities. "
    0
    Flag
  • Trulia User
    "You should Still be watching your kids outside even if if seems safe. Live in “nice” “gated and secured” apartments and still many crimes occur in a short amount of time. "
    0
    Flag
  • Patrice Trotter
    "I’ve lived in this area for 9 months, it’s been quiet and friendly. With easy access for parking and convenient access to laundry and well maintained facilities."
    0
    Flag
  • Rs70asn
    "Many families. Great parks and greenbelts. Friendly. Stores and restaurants nearby. Great schools nearby"
    1
    Flag
  • Thomas Burke
    "I live in this neighborhood, but you never see your neighbors and everyone in the backyard. All the walls are black wall walls. It’s not like back east where you see your neighbors and people sit on their front porches."
    0
    Flag
  • Thomas Burke
    "I really don’t know my neighbors. Everybody keeps themselves and I’ve lived here a year. There is nice places to walk I do feel safe in this neighborhood and everything we could want is within driving distance "
    0
    Flag
  • Emely Zambrano
    "Nice neighbors and it’s close to a lot of great restaurants and stores. Tempe is in the middle of everything. It’s a great location close enough to ASU but not close enough to be part of a college town. "
    0
    Flag
  • Rachel Belcher
    "The parks hold a lot art events that bring the neighborhood together. Very family/friendly oriented. "
    1
    Flag
  • Miguel L
    "Tempe is like dog heaven. Every corner you turn you’ll see someone walking their dog. There are also tons of waste bags located around the area I live in and at the lake. "
    0
    Flag
  • Destiny Garcia
    "Park events and church events they seem like fun haven’t been to one yet but the neighborhood seems kind"
    0
    Flag
  • Hfbbhb7s4b
    "Not that bad. Can take major roads or freeway to Phoenix downtown, or light rail. It’s possible to use public transportation to light rail, as well as to city hall, ASU, Tempe Marketplace. Commute is usually-22 minutes. "
    0
    Flag
  • Manuel Rodriguez
    "great parks and nice families. there is lovely houses near the neighborhood and lots of markets and stores and parks and water parks "
    0
    Flag
  • Alejandro Martinez
    "I live right next to Southern and it is one of the most congested streets in Tempe. it’s so noisy sometimes at night with cars revving their engines in the middle of the night for no reason whatsoever. "
    0
    Flag
  • Aj.martinez2000
    "Dog owners have access to a dog park as long as they have all forms and registrations completed and up to date. "
    0
    Flag
  • Julie
    "Dog park nearby and friendly folks at the park. Some unhoused people at the park at times but generally pleasant."
    0
    Flag
  • Nancy Benitez
    "All dog owners like about this area because theirs a trail to walk the dogs and all the apartments are dog friendly "
    0
    Flag
  • Trulia User
    "Yes most definitely but watch of rattlesnake during the summer months. But the community is kind and well organized "
    0
    Flag
  • Trulia User
    "great scenic views and a variety of trees, flora, and rock formations in a private neighborhood.love the outdoors and local restaurants and fresh produce markets."
    0
    Flag
  • Trulia User
    "Great community. A lot of friendly neighbors walking their dog. Never had an issue with someone’s dog."
    1
    Flag
  • Trulia User
    "People don't know how to control their dogs sometimes. There are a lot of people who get very upset seeing dogs being walked on 110+ degree pavement."
    0
    Flag
  • Trulia User
    "don't live here. but it's great when I visit. I live 10 minutes from my office never had an issue "
    0
    Flag
  • Trulia User
    "The Tempe Orbit comes through the neighborhood often but I just drive my personal car. There seems to be some bus stops nearby as well."
    1
    Flag
  • Trulia User
    "This neighborhood is safe and fairly quiet, downside would be number of rental homes. I have lived in the area 49 years."
    0
    Flag
  • Trulia User
    "I love the neighborhood for its safe walking trails. I can take a walk at any time of day or evening and it always feels safe. There are plenty of lights and always someone out walking their dogs. I love that it’s kid friendly and all the properties are well maintained. "
    0
    Flag
  • Trulia User
    "It’s close to the high school, you can hear the high school band on football game nights, it’s cute."
    0
    Flag
  • Trulia User
    "I use an electric car and occasionally the light rail to get to work and other places. but I do see public transportation all the time "
    0
    Flag
  • Trulia User
    "People speed down these streets even with the speed bumps and the curb parking makes visibility a challenge. "
    2
    Flag
  • Trulia User
    "this neighborhood has an amazing elementary school and community center..the community here is very quiet and nice "
    0
    Flag
  • Trulia User
    "I have lived in this neighborhood for several years and have never experienced any issues. Sure you have some bad seeds but that’s everywhere you go. But everyone is friendly and kids are out playing. "
    0
    Flag
  • Trulia User
    "A short pleasant trip with many interesting sights and places to shop and or visit. Including many Restaurants and the Tempe Library on the way"
    0
    Flag
  • Trulia User
    "We help each other. Raised our kids together. This neighborhood seems to understand it takes a village. and we have each other's backs in a crisis. it neighborhood is also culturally diverse. and our neighborhood has all afe ranges living it. We are near ASU and downtown Tempe, which is very charming. "
    0
    Flag
  • Nicole B.
    "Events in the park; movies, live music, food trucks, b2b events, dog runs and other parade or charity fundraisers "
    0
    Flag
  • Amymc.clubtattoo
    "No special events that I know of. I live in a nice, friendly, safe neighborhood that is very dog friendly. Lots of parks. Tempe is just a nice place to live. 😀"
    0
    Flag
  • Victorya V.
    "The events that are held at Kiwanis park , like movie night or the new water park. I have enjoyed living in Tempe"
    0
    Flag
  • Iceman8593
    "Great place for young people. Right by asu and Scottsdale makes for awesome living. Being young here makes you want to achieve more and flourish just by your surroundings. "
    0
    Flag
  • Kelly W.
    "I like all the festivals at Tempe Beach Park. I also enjoy that I can walk practically anywhere. Tempe does a great job at celebrating holidays."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 2123 E Margarita Dr

  • What is 2123 E Margarita Dr estimated to be worth?
    Trulia's estimated value for 2123 E Margarita Dr in Tempe, AZ is $344,700.
  • What is the price history for 2123 E Margarita Dr?
    2123 E Margarita Dr in Tempe, AZ last sold for $196,000 in October 2008.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $461K. That is down $1.5K from the prior month.
  • Does 2123 E Margarita Dr have air conditioning?
    Yes, 2123 E Margarita Dr in Tempe, AZ has air conditioning.
  • Does 2123 E Margarita Dr have parking?
    Yes, 2123 E Margarita Dr in Tempe, AZ has on-site parking.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

210 rentals with an outdoor space in Tempe, AZ

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