508 W Malibu Drive, Tempe, AZ 85282
Property image
Property image
SOLD
MAY 28, 2026

508 W Malibu Drive
Tempe, AZ 85282

  • 3 Beds
  • 2 Baths
  • 1,332 sqft

$359,000

Last Sold: May 28, 2026
$270/sqft
Est. Refi. Payment $2,038/mo*
Refinance Your Home

$359,000

Last Sold: May 28, 2026
$270/sqft
Est. Refi. Payment $2,038/mo*
Refinance Your Home
3 Beds
2 Baths
1,332 sqft

Local Information

  • Map ViewExplore the area around 508 W Malibu Drive.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1969
Living Area
1,332 sqft
Price/Sqft
$270/sqft
Parking
2 Car Garage
HOA
$47/Monthly

About this House

Welcome to this cute home in Tempe's Laguna Estates! This 3 bed, 2 bath home is a great fit for a first-time buyer or a smart rental. The home has a fresh new look with paint inside and out. You will love the new roof and new HVAC unit for peace of mind. Step inside to find new carpet in the main family room and all bedrooms. The wood grain vinyl floors add a warm feel and are easy to care for. The open layout flows into an eat-in kitchen, perfect for simple meals and easy mornings at home. This home has charm with its classic brick style and a private front courtyard, perfect for morning coffee or quiet time. Out back, enjoy a covered patio that gives shade and space to relax, plus a large yard that is a blank canvas. Make it your dream space with grass, a pool, or a cozy patio setup. Enjoy added perks with a community pool and rec room, great for fun and easy living. The location is hard to beat. You are right in the heart of Tempe, just minutes to the freeway, shopping, dining, and ASU. This home is clean, updated, and ready for you to move in. Come see it today!
508 W Malibu Drive, Tempe, AZ 85282 is a 3 bedroom, 2 bathroom, 1,332 sqft single-family home built in 1969. It last sold for the $359,000 asking price on May 28, 2026. It is currently off market. The Trulia Estimate is $359,200, with a rent estimate of $1,963/month.

Home Details for 508 W Malibu Drive

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Garage, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1332 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven, Electric CooktopDishwasherDisposalRefrigerator
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Heat Pump
Fireplace & Spa
Spa: NoneNo Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, VinylCommon Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Carpet, Vinyl

Exterior Features

Exterior Home Features
Roof: Composition Built UpPatio / Porch: Covered, PatioFencing: Front Yard, Back Yard, Block, Wrought IronExterior: Private Yard
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Attached,Garage Door Opener,Direct Access
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 38

Property Information

Year Built
Year Built: 1969
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Territorial/Santa Fe
Building
Construction Materials: Stucco, Painted, BlockAttached To Another Structure
Property Information
Parcel Number: 12345051

Price & Status

Price
List Price: $359,000Price Per Sqft: $270/sqft
Status Change & Dates
Off Market Date: Fri May 29 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: TempeCommunity: LAGUNA ESTATES REPLAT
School Information
Elementary School: Carminati SchoolElementary School District: Tempe School DistrictJr High / Middle School: Geneva Epps Mosley Middle SchoolHigh School: Tempe High SchoolHigh School District: Tempe Union High School District

Building

Building Area
Building Area: 1332 Square Feet

Community

Community Features: Pool, Near Bus Stop, Biking/Walking Path

HOA

HOA Fee Includes: Maintenance Grounds, Street MaintHOA Name: Laguna EstatesHOA Phone: 480-359-5509Has an HOAHOA Fee: $140/Quarterly

Lot Information

Lot Area: 3981 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 7017232Attribution Contact: 480-705-9600

Additional Information

PoolNear Bus StopBiking/Walking Path
Last check for updates: about 2 hours ago
Listed by Randy Courtney, (480) 705-9600
Weichert, Realtors - Courtney Valleywide
Bought with: Stacia Ehlen, (602) 330-3379, RE/MAX Signature
Co-Buyer's Agent: Timothy Ehlen, (602) 320-7056, RE/MAX Signature
Source: ARMLS, MLS#7017232
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 508 W Malibu Drive

DatePriceEventSource
05/28/2026$359,000Sold
ARMLS #7017232
04/21/2026$359,000Listed For SaleARMLS #7017232

Market trends in Tempe

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$5KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$291
$2MoM
Available listings
550
13MoM
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Property Tax and Assessment

Year2025
Tax$1,649
Assessment$307,000
Home facts updated by county records

Comparable Sales for 508 W Malibu Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
408 W LA JOLLA Drive, Tempe, AZ
0.16
Single-Family Home
$400,000
09/10/25
3
2
1,350
402 W MANHATTON Drive, Tempe, AZ
0.21
Single-Family Home
$329,400
09/24/25
2
2
1,278
405 E LA JOLLA Drive, Tempe, AZ
0.19
Single-Family Home
$331,000
05/22/26
3
2
1,538
340 W RIVIERA Drive, Tempe, AZ
0.38
Single-Family Home
$390,000
11/03/25
3
2
1,370
414 W SANTA CRUZ Drive, Tempe, AZ
0.33
Single-Family Home
$440,000
10/21/25
3
2
1,288
3838 S ROOSEVELT Street, Tempe, AZ
0.28
Single-Family Home
$470,000
06/12/26
3
2
1,276
343 W SANTA CRUZ Drive, Tempe, AZ
0.36
Single-Family Home
$449,000
10/16/25
3
2
1,538
307 W SANTA CRUZ Drive, Tempe, AZ
0.38
Single-Family Home
$435,000
04/21/26
3
2
1,538
631 W FOGAL Way, Tempe, AZ
0.35
Single-Family Home
$480,000
09/30/25
3
2
1,551

Nearby homes

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Assigned Schools

These are the assigned schools for 508 W Malibu Drive.
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.

What Locals Say about Tempe

At least 1317 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.
  • 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
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  • 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
    "I am very centralized to a lot of things including work. This location is perfect and I really couldn’t have asked for anything better"
    1
    Flag
  • Trulia User
    "convenient freeway access, traffic is totally manageable outside of Rush hour, overall I'm in love with the area"
    0
    Flag
  • Trulia User
    "Students live around the neighborhood and there is a nice park with spaces for playing soccer, baseball, basketball and tennis"
    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

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Homes for sale near 508 W Malibu Drive

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Off Market Homes Near 508 W Malibu Drive

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