516 E Malibu Dr
Tempe, AZ 85282
Tempe Gardens- 4 Beds
- 3 Baths
- 1,919 sqft
4 Beds
3 Baths
1,919 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1962
Living Area
1,919 sqft
Price/Sqft
$267
About this 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. It is currently off market. The Trulia Estimate is $513,000, with a rent estimate of $2,745/month.
Home Details for 516 E Malibu Dr
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Heating & Cooling Heating: Other, GasAir ConditioningHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet |
Interior Details Number of Rooms: 6 |
Appliances & Utilities DishwasherMicrowave |
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Exterior Home Features Roof: OtherExterior: Cement ConcretePatio |
Parking & Garage Parking Spaces: 2Parking: None |
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Year Built Year Built: 1962 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 7923 sqft |
Price History for 516 E Malibu Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 06/04/2024 | ListingRemoved | Zillow Rentals | |
| 05/23/2024 | $3,075 | PriceChange | Zillow Rentals |
| 05/13/2024 | $2,999 | Listed For Rent | Zillow Rentals |
| 11/23/2021 | ListingRemoved | Zillow Rental Network Premium | |
| 11/19/2021 | $2,575 | PriceChange | Zillow Rental Network Premium |
| 11/12/2021 | $2,625 | PriceChange | Zillow Rental Network Premium |
| 11/03/2021 | $2,675 | PriceChange | Zillow Rental Network Premium |
| 10/26/2021 | $2,775 | PriceChange | Zillow Rental Network Premium |
| 10/15/2021 | $2,875 | PriceChange | Zillow Rental Network Premium |
| 10/10/2021 | $2,950 | Listed For Rent | Zillow Rental Network Premium |
| 10/14/2019 | $2,225 | ListingRemoved | Agent Provided |
| 09/30/2019 | $2,295 | Listed For Rent | Agent Provided |
| 08/16/2019 | $375,000 | Sold | ARMLS #5954147 |
| 07/25/2019 | $375,000 | Pending | Agent Provided |
| 07/19/2019 | $375,000 | Listed For Sale | Agent Provided |
| 04/19/2019 | $215,000 | Sold | N/A |
Market trends in Tempe
Last updated June 2026
Avg. sale price
$463K
$5KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$291
$2MoM
Available listings
550
13MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,043 |
| Assessment | $368,300 |
Home facts updated by county records
Comparable Sales for 516 E Malibu Dr
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 | $465,000 | 08/25/25 | 3 | 2 | 1,408 | |
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 | |
0.29 | Single-Family Home | $340,000 | 03/30/26 | 3 | 2 | 2,260 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 516 E Malibu Dr.
What Locals Say about Tempe Gardens
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 516 E Malibu Dr
Off Market Homes Near 516 E Malibu Dr
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 $513,000.
- 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 balanced market, based on recent for-sale activity.
- What's the median sale price in Tempe?The median sale price in Tempe is $463K. That is up $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.

