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

$350,100

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,368 sqft

5224 S Monaco Drive, Tempe, AZ 85283

Optimist Park NW
Est. Refi. Payment $2,036/mo*
Refinance Your Home
Currently Off Market - Sold Aug 28, 2025 for $349,000

Home Value

Trulia Estimate
$350K
Since last month
Increased$3K (+0.9%)
Since last year
Increased$2K (+0.4%)
Since last sale
Increased$1K (+0.4%)
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 +117% in the last 10 years
MonthEstimated value
2026
August 2026$350K
August 2026$350K
July 2026$347K
June 2026$346K
May 2026$345K
April 2026$343K
March 2026$344K
February 2026$347K
January 2026$347K
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
1947 E Del Sur Drive, Tempe, AZ
0.23
Townhouse
$349,000
12/10/25
3
2
1,330
1952 E OXFORD Drive, Tempe, AZ
0.24
Townhouse
$339,000
01/06/26
3
2
1,330
1927 E DUKE Drive, Tempe, AZ
0.04
Townhouse
$358,000
07/20/26
3
2.5
1,750
5258 S MONACO Drive, Tempe, AZ
0.04
Townhouse
$324,500
03/05/26
3
2.5
1,750
1926 E DUKE Drive, Tempe, AZ
0.03
Townhouse
$230,000
03/31/26
3
2.5
1,750
1724 E BAKER Drive, Tempe, AZ
0.47
Townhouse
$357,000
12/09/25
3
2
1,544
5352 S COUNTRY CLUB Way, Tempe, AZ
0.28
Townhouse
$439,900
05/27/26
3
2
1,539
1733 E ELLIS Drive, Tempe, AZ
0.42
Townhouse
$325,000
08/25/26
2
2
1,320
2109 E DUNBAR Drive, Tempe, AZ
0.40
Townhouse
$350,000
07/06/26
2
2
1,371
2128 E DUNBAR Drive, Tempe, AZ
0.47
Townhouse
$349,900
01/29/26
2
2
1,191

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
5213 S MONACO Drive, Tempe, AZ 85283
0.03
$303,700
2
2
1,111
Off Market
1927 E DUKE Drive, Tempe, AZ 85283
0.04
$358,000
3
2.5
1,750
Recently Sold
5258 S MONACO Drive, Tempe, AZ 85283
0.04
$324,500
3
2.5
1,750
Recently Sold
5260 S MONACO Drive, Tempe, AZ 85283
0.05
$367,500
3
2.5
1,750
Off Market
5257 S DEBORAH Drive, Tempe, AZ 85283
0.05
$358,200
3
2.5
1,750
Off Market
5208 S DEBORAH Drive, Tempe, AZ 85283
0.07
$308,600
2
2
1,179
Off Market
5253 S DEBORAH Drive, Tempe, AZ 85283
0.06
$356,900
3
2
1,368
Off Market
1970 E DUKE Drive, Tempe, AZ 85283
0.10
$740,000
4
2
2,419
Recently Sold
1985 E RICE Drive, Tempe, AZ 85283
0.11
$458,400
3
2
1,840
Off Market
5254 S DEBORAH Drive #WOW !, Tempe, AZ 85283
0.07
$368,900
3
3
1,758
Off Market
1969 E DUKE Drive, Tempe, AZ 85283
0.11
$764,900
5
3
2,197
Recently Sold

Local Information

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

Home Highlights

Townhouse
Built in 1975
1,368 sqft
$256/sqft
2 Carport Spaces
HOA $214/mo

About this House

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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $350,100, with a rent estimate of $2,172/month.
Last check for updates: about 19 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.

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

Price and Tax history

DateEventPrice
Mar 22, 2026
Source: Zillow Rentals
ListingRemoved
$2,149
Jan 25, 2026
Source: Zillow Rentals
Listed For Rent
$2,149
Aug 28, 2025
Source: ARMLS #6875006
Sold
$349,000
Jul 3, 2025
Source: ARMLS #6875006
Pending
$359,000
Jun 27, 2025
Source: ARMLS #6875006
PendingToActive
$359,000

Market trends in Tempe

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

Around this home

Neighborhood Overview

Optimist Park NW
See Local Highlights
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 . "
    1
    Flag
  • 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"
    0
    Flag

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Frequently asked questions about 5224 S Monaco Drive

  • What is 5224 S Monaco Drive estimated to be worth?
    Trulia's estimated value for 5224 S Monaco Drive in Tempe, AZ is $350,100.
  • What is the price history for 5224 S Monaco Drive?
    5224 S Monaco Drive in Tempe, AZ last sold for $349,000 in August 2025.
  • 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 5224 S Monaco Drive have air conditioning?
    Yes, 5224 S Monaco Drive in Tempe, AZ has air conditioning.
  • Does 5224 S Monaco Drive have a yard?
    Yes, 5224 S Monaco Drive in Tempe, AZ has a yard.

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