512 S MARGO Drive, Tempe, AZ 85281
Property image
Property image
SOLD
MAY 8, 2026

$388,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,064 sqft

512 S MARGO Drive, Tempe, AZ 85281

Sunset
Est. Refi. Payment $2,285/mo*
Refinance Your Home
Currently Off Market - Sold May 8, 2026 for $388,000 (3% below list price)

Home Value

Trulia Estimate
$389K
Since last month
$100 (0%)
Since last year
Increased$65K (+20.1%)
Since last sale
$100 (0%)
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 +99% in the last 10 years
MonthEstimated value
2026
September 2026$388K
August 2026$388K
July 2026$389K
June 2026$388K
May 2026$389K
April 2026$390K
March 2026$392K
February 2026$419K
January 2026$335K
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
1205 W 7TH Street, Tempe, AZ
0.11
Single-Family Home
$460,000
10/10/25
3
2
1,362
1436 W 7TH Place, Tempe, AZ
0.26
Single-Family Home
$383,000
02/06/26
3
2
1,457
1131 W ROMO JONES Street, Tempe, AZ
0.36
Single-Family Home
$435,000
08/03/26
3
2
1,105
1305 W 7TH Place, Tempe, AZ
0.13
Single-Family Home
$480,000
04/30/26
4
2
1,498
430 S ROBERT Road, Tempe, AZ
0.21
Single-Family Home
$369,000
03/27/26
3
1
1,076
1412 W 7TH Place, Tempe, AZ
0.20
Single-Family Home
$481,000
03/17/26
4
2
1,446
1052 W ELNA RAE Street, Tempe, AZ
0.42
Single-Family Home
$455,000
04/15/26
3
2
1,120
1123 W 9TH Street, Tempe, AZ
0.32
Single-Family Home
$450,000
05/22/26
3
2
1,572
1522 W 7TH Street, Tempe, AZ
0.30
Single-Family Home
$370,000
06/30/26
4
2
1,474

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
1317 W 6TH Street, Tempe, AZ 85281
0.05
$514,800
4
2
1,478
Off Market
1300 W 5TH Street #1007, Tempe, AZ 85281
0.08
$540,000
2
2
1,531
For Sale
1300 W 5TH Street #1004, Tempe, AZ 85281
0.07
$460,500
2
2
1,495
Off Market
1321 W 5th Street, Tempe, AZ 85281
0.09
$946,900
8
4
2,800
Off Market
1310 W 5TH Street, Tempe, AZ 85281
0.09
$572,400
5
2
-
Off Market
1327 E 5th Street, Tempe, AZ 85281
0.11
$683,200
2
1
2,800
Off Market
1320-1312 W 5TH Street, Tempe, AZ 85281
0.11
$1,020,200
8
4
3,288
Off Market
1304 W 7TH Street, Tempe, AZ 85281
0.06
$431,700
3
2
1,302
Off Market
1332 W 7TH Street, Tempe, AZ 85281
0.09
$469,900
3
2
1,302
For Sale
1213 W 5TH Street, Tempe, AZ 85281
0.07
$509,700
4
2
1,382
Off Market
1300 W 7TH Street, Tempe, AZ 85281
0.07
$544,500
6
4
2,441
Off Market

Local Information

  • Map ViewExplore the area around 512 S MARGO Drive.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1956
1,064 sqft
$365/sqft
1 Open Spaces

About this House

Nestled in the heart of Tempe, this corner home offers the perfect blend of comfort and convenience. Step inside and be welcomed by the ambiance of a well cared for, move in ready 3 bedroom, 2 bathroom home. Recent updates such as the roof in 2024, HVAC system in 2022, water heater in 2024 and most of the windows in 2020 ensure comfort and efficiency. The exterior features two large storage areas a carport and a spacious backyard. Whether you're a student, faculty member, or simply seeking proximity to vibrant energy, this home is located just 1.7 miles from the ASU campus. Don't miss this opportunity and reach out today.
512 S MARGO Drive, Tempe, AZ 85281 is a 3 bedroom, 2 bathroom, 1,064 sqft single-family home in Sunset, built in 1956. It last sold for $388,000 on May 8, 2026 (3% below the $400,000 asking price). More recently, it was listed as a rental in July 2026 with an asking price of $2,200 per month. That rental listing was removed on August 4, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $388,700, with a rent estimate of $2,016/month.
Last check for updates: about 8 hours ago
Listed by Spencer J Coon, (480) 459-8675
Stockbridge Real Estate
Brandon Stockbridge, (928) 300-4066
Stockbridge Real Estate
Bought with: Spencer J Coon, (480) 459-8675, Stockbridge Real Estate
Source: ARMLS, MLS#6990674
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 512 S MARGO Drive

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1064 Square Feet
Appliances & Utilities
Utilities: Natural Gas ConnectedAppliances: Dryer, Washer, Refrigerator, Gas RangeDryerLaundry: Gas Dryer HookupRefrigeratorWasher
Heating & Cooling
Heating: Heat Pump,Natural GasHas CoolingAir Conditioning: Heat Pump,Gas,Central AirHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
Spa: NoneNo Fireplace
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: CoveredFencing: Back YardExterior: Storage
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 1Has a CarportNo GarageHas Open ParkingParking Spaces: 3Parking: Attached Carport
Frontage
Responsible for Road Maintenance: City Maintained RoadRoad Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 53

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Painted, BlockNot Attached Property
Property Information
Parcel Number: 12437080

Price & Status

Price
List Price: $400,000Price Per Sqft: $365/sqft
Status Change & Dates
Off Market Date: Tue Apr 21 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: TempeCommunity: D BAR L RANCHOS
School Information
Elementary School: Scales Technology AcademyElementary 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: 1064 Square Feet

HOA

HOA Fee Includes: No FeesNo HOA

Lot Information

Lot Area: 5924 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6990674

Price and Tax history

DateEventPrice
Aug 4, 2026
Source: Zillow Rentals
ListingRemoved
$2,200
Jul 20, 2026
Source: Zillow Rentals
Listed For Rent
$2,200
May 8, 2026
Source: ARMLS #6990674
Sold
$388,000
Apr 22, 2026
Source: ARMLS #6990674
Pending
$400,000
Mar 24, 2026
Source: ARMLS #6990674
PriceChange
$400,000
Price decreased by 2%

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

Neighborhood Overview

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

What Locals Say about Sunset

  • 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
  • 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

LGBTQ Local Legal Protections

Frequently asked questions about 512 S MARGO Drive

  • What is 512 S MARGO Drive estimated to be worth?
    Trulia's estimated value for 512 S MARGO Drive in Tempe, AZ is $388,700.
  • What is the price history for 512 S MARGO Drive?
    512 S MARGO Drive in Tempe, AZ last sold for $388,000 in May 2026.
  • 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 512 S MARGO Drive have air conditioning?
    Yes, 512 S MARGO Drive in Tempe, AZ has air conditioning.
  • Does 512 S MARGO Drive have laundry facilities?
    Yes, 512 S MARGO Drive in Tempe, AZ has in-unit laundry.

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