508 S Margo Dr, Tempe, AZ 85281
OFF MARKET

508 S Margo Dr
Tempe, AZ 85281

Sunset
  • Studio
  • 2 Baths
  • 1,064 sqft

$347,700

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $1,939/mo*
Refinance Your Home

$347,700

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $1,939/mo*
Refinance Your Home
Studio
2 Baths
1,064 sqft

Local Information

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

Description

This single-family home is located at 508 S Margo Dr, Tempe, AZ. 508 S Margo Dr is in the Sunset neighborhood in Tempe, AZ and in ZIP code 85281. This property has 2 bathrooms and approximately 1,064 sqft of floor space. This property has a lot size of 5796 sqft and was built in 1959.
508 S Margo Dr, Tempe, AZ 85281 is a studio, 2 bathroom, 1,064 sqft single-family home in Sunset, built in 1959. It is currently off market. The Trulia Estimate is $347,700, with a rent estimate of $2,081/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 508 S Margo Dr

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: EvaporativeHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Cement Concrete
Parking & Garage
Parking: Carport

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 5796 sqft

Market trends in Tempe

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$458K
$7KMoM
Sale-to-List Price
98.3%
Price per sq ft
$289
$1MoM
Available listings
535
14MoM
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Property Tax and Assessment

Year2025
Tax$1,271
Assessment$293,200
Home facts updated by county records

Comparable Sales for 508 S Margo Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
512 S MARGO Drive, Tempe, AZ
0.01
Single-Family Home
$388,000
05/08/26
3
2
1,064
1205 W 7TH Street, Tempe, AZ
0.12
Single-Family Home
$460,000
10/10/25
3
2
1,362
1305 W 7TH Place, Tempe, AZ
0.15
Single-Family Home
$480,000
04/30/26
4
2
1,498
1521 W 5th St, Tempe, AZ
0.29
Single-Family Home
$375,000
11/14/25
2
1,248
508 S ERNIE Place, Tempe, AZ
0.20
Single-Family Home
$465,000
08/15/25
3
2
1,519
1436 W 7TH Place, Tempe, AZ
0.26
Single-Family Home
$383,000
02/06/26
3
2
1,457
1438 W 7TH Street, Tempe, AZ
0.24
Single-Family Home
$380,000
07/29/25
4
2
1,752
1522 W 7TH Street, Tempe, AZ
0.30
Single-Family Home
$370,000
06/30/26
4
2
1,474
430 S ROBERT Road, Tempe, AZ
0.21
Single-Family Home
$369,000
03/27/26
3
1
1,076
1211 W Romo Jones St, Tempe, AZ
0.34
Single-Family Home
$393,000
07/18/25
3
2
1,274

Nearby homes

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Assigned Schools

These are the assigned schools for 508 S Margo Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

What Locals Say about Sunset

  • Trulia User
    "There are homeless people in the area, but the neighborhood generally feels safe and clean when I go for runs."
    0
    Flag
  • Sydney B.
    "lots of students and some sketchy characters, but good for public transit and there are a lot of good jobs/companies in the area. Very close to everything you need (downtown Tempe, ASU, the highway, etc)."
    3
    Flag
  • Heather B.
    "There is a recenter around the corner, plus a dog part, an elementary school and kids playing. Also, a colorful, building wall, mural that seems to be the hotspot in photography/photoshoot location."
    2
    Flag
  • Heather B.
    "Living next to Tempe town lake, there is a wide selection of events that brings many faces you otherwise wouldn’t have ever met."
    0
    Flag
  • Samuelrstuart
    "Up and coming neighborhood...Very quiet, very close to mill, very close to highway. Really greet place to live"
    4
    Flag
  • bg33martinka
    "I use to live here!!! Everything is close by such as Mill ave, 5 min bike ride to ASU and parks/recreational near by."
    8
    Flag

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Off Market Homes Near 508 S Margo Dr

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