508 E  Malibu Dr, Tempe, AZ 85282
Property image
Property image
OFF MARKET

$500,500

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,565 sqft (on 1 acre)

508 E Malibu Dr, Tempe, AZ 85282

Tempe Gardens
Est. Refi. Payment $2,991/mo*
Refinance Your Home
Currently Off Market - Sold Nov 20, 2008 for $220,000

Home Value

Trulia Estimate
$501K
Since last month
Decreased$9K (-1.7%)
Since last year
Increased$800 (+0.2%)
Since last sale
Increased$281K (+127.5%)
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 +95% in the last 10 years
MonthEstimated value
2026
September 2026$501K
August 2026$509K
July 2026$506K
June 2026$529K
May 2026$529K
April 2026$518K
March 2026$510K
February 2026$495K
January 2026$503K
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
0.11
Single-Family Home
$554,500
03/17/26
3
2
1,552
0.07
Single-Family Home
$600,000
11/05/25
3
2
1,900
0.10
Single-Family Home
$525,000
07/28/26
4
2
1,613
0.17
Single-Family Home
$280,000
01/28/26
3
2
1,408
0.22
Single-Family Home
$388,000
10/10/25
3
2
1,958
0.20
Single-Family Home
$468,000
10/17/25
3
2
1,347
0.27
Single-Family Home
$580,000
10/29/25
3
2
1,678
0.32
Single-Family Home
$519,000
06/09/26
3
2
1,522
0.39
Single-Family Home
$380,000
02/03/26
3
2
1,269
0.36
Single-Family Home
$475,000
04/13/26
3
2
2,027

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
0.08
$457,500
3
2
1,408
Off Market
0.04
$530,500
3
2
2,023
Off Market
0.10
$525,000
4
2
1,613
Recently Sold
0.07
$592,700
3
2
1,900
Off Market
0.11
$554,500
3
2
1,552
Recently Sold
0.14
$575,000
5
3
2,225
Recently Sold
0.15
$625,000
3
2
1,671
For Sale
0.14
$289,600
2
1
910
Off Market
0.14
$539,700
3
2
1,834
Off Market
0.16
$499,999
4
2
1,602
For Sale
0.14
$534,200
3
2
1,803
Off Market
0.16
$619,500
5
2
2,112
Off Market

Local Information

  • Map ViewExplore the area around 508 E Malibu Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1962
1 acre lot
1,565 sqft
$320/sqft
Garage

About this House

This single-family home is located at 508 E Malibu Dr, Tempe, AZ. 508 E Malibu Dr is in the Tempe Gardens neighborhood in Tempe, AZ and in ZIP code 85282. This property has 3 bedrooms, 2 bathrooms and approximately 1,565 sqft of floor space. This property has a lot size of 1 acre and was built in 1962.
508 E Malibu Dr, Tempe, AZ 85282 is a 3 bedroom, 2 bathroom, 1,565 sqft single-family home in Tempe Gardens, built in 1962. It last sold for $220,000 on Nov 20, 2008. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $500,500, with a rent estimate of $2,496/month.

Home Details for 508 E Malibu Dr

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: RefrigeratorHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Concrete, Linoleum Vinyl
Interior Details
Number of Rooms: 6
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Cement ConcretePatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached, Off Street

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 1 acre

Price and Tax history

DateEventPrice
Nov 20, 2008
Source: ARMLS #4009568
Sold
$220,000
Oct 5, 2008
Source: Agent Provided
PriceChange
$234,000
Price decreased by 6%
Aug 21, 2008
Source: Agent Provided
Listed For Sale
$249,900

Market trends in Tempe

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Tempe Gardens

  • Benny R.
    "No one picks up after their animals. It’s irritating to have to clean up other people’s pet feces on my own yard. "
  • svetlana_turley
    "Minutes away from freeways, Tempe Town Lake, Downtown Tempe, Light Rail stops, Sky Harbor Airport, ASU, and MCC."
  • Deeeeestiny
    "No trash here in Tempe like other surrounding cities. Healthy grass and nice bus stations. Stores are remodeled and updated. I love the more personable atmosphere. Tempe is home to events everywhere. "
  • ruta2
    "Friendly relaxed neighborhood with singles, married couples, families and retired folks. Very convenient to everything. Near public transportation, post office, library. Love living here."

LGBTQ Local Legal Protections

Frequently asked questions about 508 E Malibu Dr

  • What is 508 E Malibu Dr estimated to be worth?
    Trulia's estimated value for 508 E Malibu Dr in Tempe, AZ is $500,500.
  • What is the price history for 508 E Malibu Dr?
    508 E Malibu Dr in Tempe, AZ last sold for $220,000 in November 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 508 E Malibu Dr have air conditioning?
    Yes, 508 E Malibu Dr in Tempe, AZ has air conditioning.
  • Does 508 E Malibu Dr have laundry facilities?
    Yes, 508 E Malibu Dr in Tempe, AZ has in-unit laundry.

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