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
-- mins to
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
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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 |
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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 |
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Cumulative Days on Market: 122 |
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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 |
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Price List Price: $339,000Price Per Sqft: $185/sqft |
Status Change & Dates Off Market Date: Sat Feb 07 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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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 |
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Building Area Building Area: 1750 Square Feet |
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Community Features: Pool, Near Bus Stop, Biking/Walking Path |
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HOA Fee Includes: Maintenance GroundsHOA Name: Knoelle Ville MonacoHOA Phone: 480-820-1519Has an HOAHOA Fee: $236/Monthly |
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Lot Area: 1686 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 6930803 |
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PoolNear Bus StopBiking/Walking Path |
Last check for updates: about 17 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
| Date | Price | Event | Source |
|---|---|---|---|
| 03/05/2026 | $324,500 | Sold | ARMLS #6930803 |
| 02/08/2026 | $339,000 | Pending | ARMLS #6930803 |
| 01/15/2026 | $339,000 | PriceChange | ARMLS #6930803 |
| 10/08/2025 | $348,000 | Listed For Sale | ARMLS #6930803 |
| 06/26/2024 | ListingRemoved | Zillow Rentals | |
| 06/01/2024 | $1,925 | Listed For Rent | Zillow Rentals |
| 06/08/2018 | $1,295 | ListingRemoved | Agent Provided |
| 02/10/2018 | $1,295 | Listed For Rent | Agent Provided |
| 02/05/2016 | $1,195 | ListingRemoved | Agent Provided |
| 12/16/2015 | $1,195 | Listed For Rent | Agent Provided |
Market trends in Tempe
Last updated June 2026
Avg. sale price
$463K
$5KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$291
$2MoM
Available listings
550
13MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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 |
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