5224 S Monaco Drive, Tempe, AZ 85283
Property image
Property image
OFF MARKET

5224 S Monaco Drive
Tempe, AZ 85283

Optimist Park NW
  • 3 Beds
  • 2 Baths
  • 1,368 sqft

$345,600

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $1,930/mo*

$345,600

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $1,930/mo*
3 Beds
2 Baths
1,368 sqft

Local Information

  • Map ViewExplore the area around 5224 S Monaco Drive.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This charming single-level townhome offers a comfortable and convenient lifestyle in a prime location! Featuring 3 spacious bedrooms and 2 bathrooms, the open floor plan is perfect for relaxing and entertaining. All appliances are included, making move-in easy. Recent upgrades enhance its appeal, including new flooring, trim, kitchen and backsplash, modern kitchen appliances, updated fans and electrical systems, a RO drinking water system, upgraded closet storage in the master and bedrooms, roof recoating, window coverings, and beautifully landscaped surroundings.
The master suite boasts a large walk-in closet, providing ample storage. Enjoy the spacious south-facing patio, ideal for outdoor gatherings or tranquil mornings. Located just off I-10, with quick access to US 60, Loop 101,
5224 S Monaco Drive, Tempe, AZ 85283 is a 3 bedroom, 2 bathroom, 1,368 sqft townhouse in Optimist Park NW, built in 1975. It last sold for $349,000 on Aug 28, 2025 (3% below the $359,000 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $2,149 per month. That rental listing was removed on March 22, 2026. It is currently off market. The Trulia Estimate is $345,600, with a rent estimate of $2,307/month.

Home Highlights

Parking
2 Carport Spaces
Outdoor
Patio
A/C
Heating & Cooling
HOA
$214/Monthly
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 5224 S Monaco Drive

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Dimensions and Layout
Living Area: 1368 Square Feet
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: None
Windows, Doors, Floors & Walls
Window: Skylight(s)Flooring: Laminate, Vinyl
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Laminate, Vinyl

Exterior Features

Exterior Home Features
Roof: Built UpPatio / Porch: PatioFencing: BlockExterior: Private Yard, Storage
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo GarageParking Spaces: 2Parking: Carport
Frontage
Responsible for Road Maintenance: City Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 26

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: ResidentialProperty Subtype: TownhouseArchitecture: Spanish
Building
Construction Materials: Stucco, Wood Frame, PaintedAttached To Another Structure
Property Information
Parcel Number: 30101916

Price & Status

Price
List Price: $359,000
Status Change & Dates
Off Market Date: Thu Jul 03 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: TempeCommunity: Knoell Ville Monaco
School Information
Elementary School: Fuller Elementary SchoolElementary School District: Tempe School DistrictJr High / Middle School: Fees College Preparatory Middle SchoolHigh School: Marcos De Niza High SchoolHigh School District: Tempe Union High School District

Building

Building Details
Builder Name: Knoells homes
Building Area
Building Area: 1368 Square Feet

HOA

HOA Fee Includes: Insurance, Maintenance Grounds, Street MaintHOA Name: Ville MonacoHOA Phone: 480-820-1519Has an HOAHOA Fee: $214/Monthly

Lot Information

Lot Area: 2592 sqft

Offer

Listing Terms: Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6875006
Last check for updates: about 4 hours ago
Listed by John H Reckard, (480) 203-9008
Realty ONE Group
Kristi Reckard, (480) 650-5525
Realty ONE Group
Bought with: John H Reckard, (480) 203-9008, Realty ONE Group
Co-Buyer's Agent: Kristi Reckard, (480) 650-5525, Realty ONE Group
Source: ARMLS, MLS#6875006
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 5224 S Monaco Drive

DatePriceEventSource
03/22/2026$2,149ListingRemovedZillow Rentals
01/25/2026$2,149Listed For RentZillow Rentals
08/28/2025$349,000Sold
ARMLS #6875006
07/03/2025$359,000PendingARMLS #6875006
06/27/2025$359,000PendingToActiveARMLS #6875006
06/23/2025$359,000PendingARMLS #6875006
06/03/2025$359,000Listed For SaleARMLS #6875006
04/13/2021$272,000Sold
ARMLS #6201398
03/14/2021$295,000PendingARMLS #6201398
03/09/2021$295,000PriceChange
ARMLS #6201398
03/02/2021$305,000Listed For SaleARMLS #6201398
05/27/1999$99,500Sold
N/A

Market trends in Tempe

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$458K
$7K
MoM
Sale-to-List Price
98.3%
Price per sq ft
$289
$1
MoM
Available listings
535
14
MoM
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Property Tax and Assessment

Year2025
Tax$1,396
Assessment$288,300
Home facts updated by county records

Comparable Sales for 5224 S Monaco Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.23
Townhouse
$349,000
12/10/25
3
2
1,330
0.24
Townhouse
$339,000
01/06/26
3
2
1,330
0.04
Townhouse
$324,500
03/05/26
3
2.5
1,750
0.24
Townhouse
$375,000
09/02/25
3
2
1,539
0.03
Townhouse
$230,000
03/31/26
3
2.5
1,750
0.47
Townhouse
$357,000
12/09/25
3
2
1,544
0.45
Townhouse
$352,500
08/21/25
3
2
1,565
0.28
Townhouse
$439,900
05/27/26
3
2
1,539
0.40
Townhouse
$350,000
07/06/26
2
2
1,371

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Assigned Schools

These are the assigned schools for 5224 S Monaco Drive.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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"

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Off Market Homes Near 5224 S Monaco Drive

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