5221 S  Monaco Dr, Tempe, AZ 85283
Photo 2
Photo 3
OFF MARKET

5221 S Monaco Dr
Tempe, AZ 85283

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

$320,600

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,826/mo*

$320,600

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,826/mo*
3 Beds
2 Baths
1,487 sqft

Home Value

Trulia Estimate
$321K
Since last month
Decreased$1K (-0.4%)
Since last year
Decreased$12K (-3.6%)
Since last sale
Increased$219K (+216.7%)
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$320K
July 2026$321K
June 2026$325K
May 2026$326K
April 2026$330K
March 2026$334K
February 2026$332K
January 2026$334K
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
0.02
Townhouse
$349,000
08/28/25
3
2
1,368
0.04
Townhouse
$230,000
03/31/26
3
2.5
1,750
0.05
Townhouse
$324,500
03/05/26
3
2.5
1,750
0.05
Townhouse
$358,000
07/20/26
3
2.5
1,750
0.22
Townhouse
$349,000
12/10/25
3
2
1,330
0.23
Townhouse
$339,000
01/06/26
3
2
1,330
0.23
Townhouse
$375,000
09/02/25
3
2
1,539
0.27
Townhouse
$439,900
05/27/26
3
2
1,539
0.48
Townhouse
$357,000
12/09/25
3
2
1,544
0.44
Townhouse
$352,500
08/21/25
3
2
1,565

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
0.02
$301,100
2
2
1,111
Off Market
0.02
$346,900
3
2
1,368
Off Market
0.05
$358,000
3
2.5
1,750
Recently Sold
0.05
$324,500
3
2.5
1,750
Recently Sold
0.06
$367,500
3
2.5
1,750
Off Market
0.06
$353,900
3
2.5
1,750
Off Market
0.09
$305,800
2
2
1,179
Off Market
0.07
$355,700
3
2
1,368
Off Market
0.09
$740,000
4
2
2,419
Recently Sold
0.10
$440,100
3
2
1,840
Off Market
0.09
$370,800
3
3
1,758
Off Market
0.15
$600,000
4
2
1,826
Recently Sold

Local Information

  • Map ViewExplore the area around 5221 S Monaco Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
1975
Living Area
1,487 sqft
Price/Sqft
$216

About this House

This townhouse is located at 5221 S Monaco Dr, Tempe, AZ. 5221 S Monaco Dr is in the Optimist Park NW neighborhood in Tempe, AZ and in ZIP code 85283. This property has 3 bedrooms, 2 bathrooms and approximately 1,487 sqft of floor space. This property has a lot size of 2496 sqft and was built in 1975.
5221 S Monaco Dr, Tempe, AZ 85283 is a 3 bedroom, 2 bathroom, 1,487 sqft townhouse in Optimist Park NW, built in 1975. It last sold for $101,000 on Mar 1, 2000. It is currently off market. The Trulia Estimate is $320,600, with a rent estimate of $2,325/month.

Home Details for 5221 S Monaco Dr

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile
Interior Details
Number of Rooms: 8Types of Rooms: Walk In Closet, Dining Room, Family RoomCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: Built UpDeckExterior: StuccoPatioPorch
Pool
Pool
Parking & Garage
Parking Spaces: 2Parking: Carport

Property Information

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

Community

Units in Building: 1

Lot Information

Lot Area: 2496 sqft

Price and Tax history

DateEventPrice
Mar 1, 2000
Source: N/A
Sold
$101,000
May 30, 1996
Source: N/A
Sold
$74,500

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 5221 S Monaco Dr

  • What is 5221 S Monaco Dr estimated to be worth?
    Trulia's estimated value for 5221 S Monaco Dr in Tempe, AZ is $320,600.
  • What is the price history for 5221 S Monaco Dr?
    5221 S Monaco Dr in Tempe, AZ last sold for $101,000 in March 2000.
  • 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 5221 S Monaco Dr have air conditioning?
    Yes, 5221 S Monaco Dr in Tempe, AZ has air conditioning.
  • Does 5221 S Monaco Dr have a pool?
    Yes, 5221 S Monaco Dr in Tempe, AZ has a pool.

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