5258 S MONACO Drive, Tempe, AZ 85283
Property image
Property image
SOLD
MAR 5, 2026

5258 S MONACO Drive
Tempe, AZ 85283

Optimist Park NW
  • 3 Beds
  • 2.5 Baths
  • 1,750 sqft

$324,500

Last Sold: Mar 5, 2026
4% below list $339K
$185/sqft
Est. Refi. Payment $1,841/mo*

$324,500

Last Sold: Mar 5, 2026
4% below list $339K
$185/sqft
Est. Refi. Payment $1,841/mo*
3 Beds
2.5 Baths
1,750 sqft

Local Information

  • Map ViewExplore the area around 5258 S MONACO Drive.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
1975
Living Area
1,750 sqft
Price/Sqft
$185/sqft
Parking
2 Carport Spaces
HOA
$236/Monthly

Description

Charming townhome in a beautifully maintained community, conveniently located in a great area of Tempe, close to freeways and ASU. This property boasts three spacious bedrooms and 2.5 bathrooms. The main floor features a large living area, an updated kitchen with white cabinets, pantry, plank flooring, powder room and laundry room. The upper floor features a large primary bedroom with a spacious bathroom and dual walk-in closets. The home has fresh interior paint and new carpeting throughout to provide a clean and contemporary feel. Outside, you'll find a private covered patio overlooking a small yard area perfect for enjoying Arizona's beautiful weather. The property also includes a 2-car carport. As a resident, you'll have access to the community pool for fun and relaxation.
5258 S MONACO Drive, Tempe, AZ 85283 is a 3 bedroom, 3 bathroom, 1,750 sqft townhouse in Optimist Park NW, built in 1975. It last sold for $324,500 on Mar 5, 2026 (4% below the $339,000 asking price). More recently, it was listed as a rental in June 2024 with an asking price of $1,925 per month. That rental listing was removed on June 26, 2024. It is currently off market. The Trulia Estimate is $324,300, with a rent estimate of $2,456/month.

Home Details for 5258 S MONACO Drive

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1750 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Dishwasher, Disposal, Electric RangeDishwasherDisposalLaundry: InsideRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: None
Windows, Doors, Floors & Walls
Flooring: Carpet, LaminateCommon Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Floors: Carpet, Laminate

Exterior Features

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

Days on Market

Cumulative Days on Market: 122

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: ResidentialProperty Subtype: Townhouse
Building
Construction Materials: Stucco, Painted, BlockAttached To Another Structure
Property Information
Usage of Home: NoneParcel Number: 30101822

Price & Status

Price
List Price: $339,000Price Per Sqft: $185/sqft
Status Change & Dates
Off Market Date: Sat Feb 07 2026Possession 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 Area
Building Area: 1750 Square Feet

Community

Community Features: Pool, Near Bus Stop, Biking/Walking Path

HOA

HOA Fee Includes: Maintenance GroundsHOA Name: Knoelle Ville MonacoHOA Phone: 480-820-1519Has an HOAHOA Fee: $236/Monthly

Lot Information

Lot Area: 1686 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6930803

Additional Information

PoolNear Bus StopBiking/Walking Path
Last check for updates: about 19 hours ago
Listed by David Ewell, (480) 220-3001
American Associates
Bought with: Brandon Schlueter, (480) 363-5698, Midland Real Estate Alliance
Source: ARMLS, MLS#6930803
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 5258 S MONACO Drive

DatePriceEventSource
03/05/2026$324,500Sold
ARMLS #6930803
02/08/2026$339,000PendingARMLS #6930803
01/15/2026$339,000PriceChange
ARMLS #6930803
10/08/2025$348,000Listed For SaleARMLS #6930803
06/26/2024ListingRemovedZillow Rentals
06/01/2024$1,925Listed For RentZillow Rentals
06/08/2018$1,295ListingRemovedAgent Provided
02/10/2018$1,295Listed For RentAgent Provided
02/05/2016$1,195ListingRemovedAgent Provided
12/16/2015$1,195Listed For RentAgent Provided

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
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Property Tax and Assessment

Year2025
Tax$1,639
Assessment$309,700
Home facts updated by county records

Comparable Sales for 5258 S MONACO Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.01
Townhouse
$358,000
07/20/26
3
2.5
1,750
0.04
Townhouse
$230,000
03/31/26
3
2.5
1,750
0.04
Townhouse
$349,000
08/28/25
3
2
1,368
0.21
Townhouse
$339,000
01/06/26
3
2
1,330
0.44
Townhouse
$299,000
06/18/26
3
2.5
1,656
0.20
Townhouse
$349,000
12/10/25
3
2
1,330
0.21
Townhouse
$375,000
09/02/25
3
2
1,539
0.50
Townhouse
$379,000
02/27/26
3
2.5
1,704
0.61
Townhouse
$335,000
04/22/26
3
2.5
1,656

Nearby homes

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Assigned Schools

These are the assigned schools for 5258 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 5258 S MONACO Drive

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