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

$504,800

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 1,919 sqft

516 E Malibu Dr, Tempe, AZ 85282

Tempe Gardens
Est. Refi. Payment $3,016/mo*
Refinance Your Home
Currently Off Market - Sold Aug 16, 2019 for $375,000

Home Value

Trulia Estimate
$505K
Since last month
Decreased$6K (-1.2%)
Since last year
Decreased$21K (-4%)
Since last sale
Increased$130K (+34.6%)
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 +98% in the last 10 years
MonthEstimated value
2026
September 2026$505K
August 2026$511K
July 2026$512K
June 2026$530K
May 2026$523K
April 2026$519K
March 2026$521K
February 2026$523K
January 2026$516K
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
0.08
Single-Family Home
$525,000
07/28/26
4
2
1,613
0.15
Single-Family Home
$575,000
02/24/26
5
3
2,225
0.21
Single-Family Home
$388,000
10/10/25
3
2
1,958
0.11
Single-Family Home
$600,000
11/05/25
3
2
1,900
0.11
Single-Family Home
$554,500
03/17/26
3
2
1,552
0.20
Single-Family Home
$580,052
12/08/25
6
3
2,047
0.28
Single-Family Home
$510,000
10/15/25
4
2
2,096
0.15
Single-Family Home
$580,000
03/17/26
5
2
2,047
0.40
Single-Family Home
$545,000
11/24/25
4
2.5
2,393
0.48
Single-Family Home
$500,000
07/14/26
4
3
2,040

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
$525,000
4
2
1,613
Recently Sold
0.07
$530,500
3
2
2,023
Off Market
0.11
$554,500
3
2
1,552
Recently Sold
0.10
$534,200
3
2
1,803
Off Market
0.11
$457,500
3
2
1,408
Off Market
0.11
$592,700
3
2
1,900
Off Market
0.12
$619,500
5
2
2,112
Off Market
0.14
$289,600
2
1
910
Off Market
0.16
$575,000
5
3
2,225
Recently Sold
0.15
$580,000
5
2
2,047
Recently Sold
0.18
$499,999
4
2
1,602
For Sale
0.18
$625,000
3
2
1,671
For Sale

Local Information

  • Map ViewExplore the area around 516 E Malibu Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1962
1,919 sqft
$263/sqft

About this House

What's unique:Awesome neighborhoodsPrivacy fenceLow - maintenance yardCenter islandLong lease termsGorgeous house
This single-family home is located at 516 E Malibu Dr, Tempe, AZ. 516 E Malibu Dr is in the Tempe Gardens neighborhood in Tempe, AZ and in ZIP code 85282. This property has 4 bedrooms, 3 bathrooms and approximately 1,919 sqft of floor space. This property has a lot size of 7923 sqft and was built in 1962.
516 E Malibu Dr, Tempe, AZ 85282 is a 4 bedroom, 3 bathroom, 1,919 sqft single-family home in Tempe Gardens, built in 1962. It last sold for $375,000 on Aug 16, 2019. More recently, it was listed as a rental in May 2024 with an asking price of $2,999 per month. That rental listing was removed on June 4, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $504,800, with a rent estimate of $2,681/month.

Home Details for 516 E Malibu Dr

Interior Features

Heating & Cooling
Heating: GasAir ConditioningHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Number of Rooms: 6
Appliances & Utilities
DishwasherMicrowave

Exterior Features

Exterior Home Features
Roof: OtherExterior: Cement ConcretePatio
Parking & Garage
Parking Spaces: 2Parking: None

Property Information

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

Community

Units in Building: 1

Lot Information

Lot Area: 7923 sqft

Price and Tax history

DateEventPrice
Jun 4, 2024
Source: Zillow Rentals
ListingRemoved
May 23, 2024
Source: Zillow Rentals
PriceChange
$3,075
Price increased by 3%
May 13, 2024
Source: Zillow Rentals
Listed For Rent
$2,999
Nov 23, 2021
Source: Zillow Rental Network Premium
ListingRemoved
Nov 19, 2021
Source: Zillow Rental Network Premium
PriceChange
$2,575
Price decreased by 2%

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 516 E Malibu Dr

  • What is 516 E Malibu Dr estimated to be worth?
    Trulia's estimated value for 516 E Malibu Dr in Tempe, AZ is $504,800.
  • What is the price history for 516 E Malibu Dr?
    516 E Malibu Dr in Tempe, AZ last sold for $375,000 in August 2019.
  • 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.
  • How big is the lot at 516 E Malibu Dr?
    The lot at 516 E Malibu Dr in Tempe, AZ is about 0.18 acres (7,923 sq ft).
  • Does 516 E Malibu Dr have parking?
    Yes, 516 E Malibu Dr in Tempe, AZ has on-site parking.

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Off Market Homes Near 516 E Malibu Dr

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