5256 S MONACO Drive, Tempe, AZ 85283
FOR SALE
NEW - 3 HRS AGO

5256 S MONACO Drive
Tempe, AZ 85283

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

$290,000

Est. Mortgage $1,838/mo*

$290,000

Est. Mortgage $1,838/mo*
3 Beds
2 Baths
1,368 sqft

Home Highlights

Parking
2 Open Spaces
Climate Control
Heating & Cooling
HOA
$168/Monthly
Price/Sqft
$212
Listed
Less than a day ago

Local Information

  • Map ViewExplore the area around 5256 S MONACO Drive.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

3 bed, 2 bath property nestled in Ville Monaco! Great location close to restaurants, parks, medical centers, and schools.

Home Details for 5256 S MONACO Drive

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1368 Square Feet
Appliances & Utilities
Appliances: RefrigeratorLaundry: See RemarksRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: NoneNo Fireplace
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1

Exterior Features

Exterior Home Features
Roof: CompositionFencing: Block
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2Has a CarportNo GarageHas Open ParkingParking Spaces: 4Parking: Carport, Open
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: ResidentialProperty Subtype: TownhouseArchitecture: Other
Building
Construction Materials: Wood FrameAttached To Another Structure
Property Information
Parcel Number: 30101824

Price & Status

Price
List Price: $290,000Price Per Sqft: $212
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

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

Agent Information

Listing Agent
Listing ID: 7061065

Building

Building Area
Building Area: 1368 Square Feet

HOA

HOA Fee Includes: Other (See Remarks)HOA Name: Ville MonacoHOA Phone: 480-820-1519Has an HOAHOA Fee: $168/Monthly

Lot Information

Lot Area: 2457 sqft

Listing Info

Special Conditions: Short Sale

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 7061065
Last check for updates: 32 minutes ago
Listing courtesy of Marili Sanchez, (480) 658-7470
eXp Realty
Ruben Luna, (602) 475-9545
eXp Realty
Source: ARMLS, MLS#7061065
Also Listed on ARMLS, eXp Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Market trends in Tempe

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$5K
MoM
Sale-to-List Price
98.5%
0.1%
MoM
Price per sq ft
$291
$2
MoM
Available listings
550
13
MoM

Price History for 5256 S MONACO Drive

DatePriceEventSource
07/31/2026$290,000Listed For SaleARMLS #7061065
07/21/2022$371,000Sold
ARMLS #6415838
07/18/2022$370,000PendingARMLS #6415838
06/19/2022$370,000PriceChange
ARMLS #6415838
06/16/2022$375,000PriceChange
ARMLS #6415838
06/14/2022$380,000Listed For SaleARMLS #6415838
03/13/2020$220,000Sold
ARMLS #6026206
02/16/2020$220,000PendingAgent Provided
01/20/2020$220,000Listed For SaleAgent Provided
04/24/2012$940ListingRemovedAgent Provided
04/04/2012$940Listed For RentAgent Provided
08/17/1995$71,500Sold
N/A

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Property Tax and Assessment

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

Comparable Sales for 5256 S MONACO Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Townhouse
$349,000
08/28/25
3
2
1,368
0.21
Townhouse
$349,000
12/10/25
3
2
1,330
0.02
Townhouse
$358,000
07/20/26
3
2.5
1,750
0.22
Townhouse
$339,000
01/06/26
3
2
1,330
0.02
Townhouse
$324,500
03/05/26
3
2.5
1,750
0.22
Townhouse
$375,000
09/02/25
3
2
1,539
0.03
Townhouse
$230,000
03/31/26
3
2.5
1,750
0.26
Townhouse
$439,900
05/27/26
3
2
1,539
0.48
Townhouse
$357,000
12/09/25
3
2
1,544
0.47
Townhouse
$352,500
08/21/25
3
2
1,565

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Assigned Schools

These are the assigned schools for 5256 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"

LGBTQ Local Legal Protections

Marili Sanchez, eXp Realty
Agent Phone: (480) 658-7470
5256 S MONACO Drive, Tempe, AZ 85283 is a 3 bedroom, 2 bathroom, 1,368 sqft townhouse built in 1975. 5256 S MONACO Drive is located in Optimist Park NW, Tempe. This property is currently available for sale and was listed by ARMLS on Jul 31, 2026. The MLS # for this home is MLS# 7061065.