232 E Balboa Dr, Tempe, AZ 85282
OFF MARKET

$605,400

Trulia Estimate
as of Sep 29, 2026
  • 5 Beds
  • 3 Baths
  • 1,959 sqft

232 E Balboa Dr, Tempe, AZ 85282

MACH 8

Home Highlights

Single-Family Home
1,959 sqft
$309/sqft
Attached Garage

Local Information

  • Map ViewExplore the area around 232 E Balboa Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Large poolOne car garageOpen floor planTrack lightingBreakfast barElegant white cabinetry
Call us to Schedule tour weekend. Easy Approval process for ASU Students..
Available August 1, 2026

This beautifully updated home features 5 bedrooms, 3 bathrooms and BBQ Grill home in a GREAT Tempe location! Enjoy an open floor plan with a welcoming entry way and spacious living areas and Garage! Gorgeous eat in kitchen with elegant white cabinetry, breakfast bar, and track lighting! All new Steel Appliances. Master bedroom features full connecting bath with walk in closet and shower! Great size secondary bedroom. Large laundry room with washer/dryer included! HUGE backyard with a large pool. Big Storage Shed. One car Garage. Great location in Central Tempe, Near to downtown Tempe with easy access to all freeways 60, 101 & 202! 2.0 miles from Arizona State Campus! Don't miss out!

**Landscaping & Pool services included in Rent. Tenants need to pay for all utilities.
Home is Available from Aug 1st - 2026.
Rent: $2995/month
232 E Balboa Dr, Tempe, AZ 85282 is a 5 bedroom, 3 bathroom, 1,959 sqft single-family home in MACH 8. It last sold for $550,000 on Sep 20, 2021 (18,264% above the $2,995 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $4,500 per month. That rental listing was removed on May 31, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $605,400, with a rent estimate of $3,669/month.

Home Details for 232 E Balboa Dr

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherDryerWasher
Heating & Cooling
Air ConditioningCooling System: Central Air
Fireplace & Spa
Hot Tub or Spa

Exterior Features

Pool
Pool
Parking & Garage
Parking: Attached Off Street, On Site

Comparable Sales for 232 E Balboa Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
133 E ALAMEDA Drive, Tempe, AZ
0.10
Single-Family Home
$580,000
06/16/26
3
2.5
1,489 sqft
30 W DEL RIO Circle, Tempe, AZ
0.28
Single-Family Home
$545,000
02/13/26
4
3
2,209 sqft
429 E LOYOLA Drive, Tempe, AZ
0.22
Single-Family Home
$725,000
04/29/26
4
3
2,160 sqft
209 E Cairo Dr, Tempe, AZ
0.09
Single-Family Home
$385,000
03/06/26
4
2
1,653 sqft
501 E ALAMEDA Drive, Tempe, AZ
0.30
Single-Family Home
$500,000
09/30/25
5
2
1,970 sqft
308 E BALBOA Drive, Tempe, AZ
0.07
Single-Family Home
$425,000
04/17/26
3
2
1,680 sqft
413 E BALBOA Drive, Tempe, AZ
0.18
Single-Family Home
$500,000
09/11/26
3
2
1,900 sqft
304 E CONCORDA Drive, Tempe, AZ
0.27
Single-Family Home
$625,000
04/30/26
3
2.5
2,185 sqft
3 E ERIE Drive, Tempe, AZ
0.26
Single-Family Home
$528,500
04/08/26
4
2
1,724 sqft
218 E CAIRO Drive, Tempe, AZ
0.06
Single-Family Home
$367,419
04/22/26
3
2
1,620 sqft

Nearby homes

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Rental Market Trends in Mach 8

Last updated Sep 2026
Trulia Rent Estimate$3,669/mo
Average rent
$2.5K
$100MoM
Available listings
7
View rental market trends in Tempe, AZ

Around this home

Neighborhood Overview

MACH 8
See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
May 31, 2026
Source: Zillow Rentals
ListingRemoved
$2,995
May 14, 2026
Source: Zillow Rentals
PriceChange
$2,995
Price decreased by 9%
Apr 24, 2026
Source: Zillow Rentals
PriceChange
$3,295
Price decreased by 6%
Apr 22, 2026
Source: Zillow Rentals
PriceChange
$3,500
Price decreased by 13%
Apr 5, 2026
Source: Zillow Rentals
PriceChange
$4,000
Price decreased by 7%

Frequently asked questions about 232 E Balboa Dr

  • What is 232 E Balboa Dr estimated to be worth?
    Trulia's estimated value for 232 E Balboa Dr in Tempe, AZ is $605,400.
  • What is the price history for 232 E Balboa Dr?
    232 E Balboa Dr in Tempe, AZ last sold for $550,000 in September 2021.
  • 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 232 E Balboa Dr have air conditioning?
    Yes, 232 E Balboa Dr in Tempe, AZ has air conditioning.
  • Does 232 E Balboa Dr have a pool?
    Yes, 232 E Balboa Dr in Tempe, AZ has a pool.

Homes for rent near 232 E Balboa Dr

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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