5215 S  Monaco Dr, Tempe, AZ 85283
Property image
Property image
OFF MARKET

5215 S Monaco Dr
Tempe, AZ 85283

Optimist Park NW
  • 3 Beds
  • 2 Baths
  • 1,487 sqft

$315,400

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $1,798/mo*

$315,400

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $1,798/mo*
3 Beds
2 Baths
1,487 sqft

Home Value

Trulia Estimate
$315K
Since last month
Increased$10K (+3.1%)
Since last year
Decreased$8K (-2.5%)
Since last sale
Increased$198K (+167.3%)
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 +96% in the last 10 years
MonthEstimated value
2026
August 2026$317K
July 2026$307K
June 2026$309K
May 2026$310K
April 2026$313K
March 2026$318K
February 2026$314K
January 2026$314K
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
0.89
Condo
$495,000
06/30/26
3
2
1,407
1.08
Condo
$500,000
07/14/26
3
2
1,831
1.11
Condo
$350,000
12/10/25
2
2
1,589
0.89
Condo
$392,000
03/27/26
2
2
1,144
1.22
Condo
$251,000
02/23/26
2
2
1,065
1.67
Condo
$385,000
03/26/26
3
2
1,391
1.46
Condo
$245,000
08/29/25
2
2
1,092
1.49
Condo
$231,500
12/10/25
2
2
1,092
1.43
Condo
$273,000
03/25/26
2
2
1,004
1.57
Condo
$210,000
04/15/26
2
2
1,018

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
0.01
$301,100
2
2
1,111
Off Market
0.02
$346,900
3
2
1,368
Off Market
0.06
$358,000
3
2.5
1,750
Recently Sold
0.06
$324,500
3
2.5
1,750
Recently Sold
0.07
$367,500
3
2.5
1,750
Off Market
0.07
$353,900
3
2.5
1,750
Off Market
0.08
$305,800
2
2
1,179
Off Market
0.08
$357,100
3
2
1,368
Off Market
0.09
$740,000
4
2
2,419
Recently Sold
0.10
$444,200
3
2
1,840
Off Market
0.09
$372,000
3
3
1,758
Off Market
0.13
$600,000
4
2
1,826
Recently Sold

Local Information

  • Map ViewExplore the area around 5215 S Monaco Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1975
Living Area
1,487 sqft
Price/Sqft
$212

About this House

Lovely townhouse in South Tempe area. Recently updated and move in ready! Large great room with separate living and dining spaces. Remodeled kitchen with updated cabinetry & appliances. Neutral carpet and tile throughout. Split floor plan with spacious master bedroom. The private and covered back patio is unique to the community with all new exterior tile, sprinkler systems and landscaping in the front and back patios. New light fixtures throughout. Washer/Dryer & Refrigerator conve...
5215 S Monaco Dr, Tempe, AZ 85283 is a 3 bedroom, 2 bathroom, 1,487 sqft condo in Optimist Park NW, built in 1975. It last sold for $118,500 on May 28, 2010. It is currently off market. The Trulia Estimate is $315,400, with a rent estimate of $2,301/month.

Home Details for 5215 S Monaco Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 4
Heating & Cooling
Air ConditioningCooling System: Refrigerator

Exterior Features

Exterior Home Features
Roof: Built UpExterior: WoodPatio
Parking & Garage
Parking Spaces: 2Parking: Carport

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: Condo

Community

Units in Building: 1

Lot Information

Lot Area: 2492 sqft

Price and Tax history

DateEventPrice
May 28, 2010
Source: ARMLS #4334308
Sold
$118,500
May 25, 2010
Source: Agent Provided
PriceChange
$118,500
Price decreased by 18%
Feb 10, 2010
Source: Agent Provided
Listed For Sale
$145,000
Jun 22, 2005
Source: ARMLS #2303141
Sold
$192,000
Feb 22, 2002
Source: N/A
Sold
$112,500

Market trends in Tempe

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$1.67K
MoM
Sale-to-List Price
98.3%
0.1%
MoM
Price per sq ft
$289
$3
MoM
Available listings
571
21
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Optimist Park NW

  • Tandjchesney
    "for transportation needs, the orbit Saturn route cuts thru here and I find it very convenient. it goes where I need it to go . "
  • Phxpaul
    "I have lived in Optimist Park for 3 years now. It is probably the best area I have been in for a long time. I am 14 minutes to the airport, 18 to downtown PHX, 10 minutes to Scottsdale, or Chandler. Tempe is a wonderful city with plenty to offer"

LGBTQ Local Legal Protections

Frequently asked questions about 5215 S Monaco Dr

  • What is 5215 S Monaco Dr estimated to be worth?
    Trulia's estimated value for 5215 S Monaco Dr in Tempe, AZ is $315,400.
  • What is the price history for 5215 S Monaco Dr?
    5215 S Monaco Dr in Tempe, AZ last sold for $118,500 in May 2010.
  • 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 down $1.67K from the prior month.
  • Does 5215 S Monaco Dr have air conditioning?
    Yes, 5215 S Monaco Dr in Tempe, AZ has air conditioning.
  • Does 5215 S Monaco Dr have parking?
    Yes, 5215 S Monaco Dr in Tempe, AZ has on-site parking.

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