5261 S  Monaco Dr, Tempe, AZ 85283
OFF MARKET

5261 S Monaco Dr
Tempe, AZ 85283

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

$334,100

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $1,866/mo*

$334,100

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $1,866/mo*
3 Beds
3 Baths
1,750 sqft

Local Information

  • Map ViewExplore the area around 5261 S Monaco Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Section 8 accepted Discover this charming 3-bedroom, 2.5-bath townhome, now available on the market! The living room features a soothing palette, wood-look flooring, and French doors leading to the patio. The kitchen boasts white flat-panel cabinets, a subway tile backsplash, essential built-in appliances, and a peninsula with a breakfast bar. The main bedroom includes a walk-in closet, a Juliet balcony for a breath of fresh air, and a private bathroom. Outside, enjoy low-maintenance artificial turf and a covered patio for evening relaxation. Additionally, take advantage of the community pool, perfect for cooling off on warm days. Conveniently located near bus stops, schools, restaurants, and shopping options. Don't miss out on this one!

12 month minimum lease term. Water, sewer, garbage collection included in rent. No smoking indoors of any kind
5261 S Monaco Dr, Tempe, AZ 85283 is a 3 bedroom, 3 bathroom, 1,750 sqft townhouse in Optimist Park NW. It last sold for $117,650 on Apr 30, 2004 (3,762% above the $3,046 asking price). More recently, it was listed as a rental in September 2024 with an asking price of $2,795 per month. That rental listing was removed on October 13, 2024. It is currently off market. The Trulia Estimate is $334,100, with a rent estimate of $2,314/month.

Home Highlights

Parking
Attached Garage
Outdoor
Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 5261 S Monaco Dr

Interior Features

Heating & Cooling
Heating: Heat PumpAir ConditioningCooling System: Central AirHeating Fuel: Heat Pump
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood, Tile

Property Information

Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Pool
Pool
Parking & Garage
Parking: Attached, On Site

Additional Information

Pool

Price History for 5261 S Monaco Dr

DatePriceEventSource
10/13/2024$3,046ListingRemovedZillow Rentals
09/26/2024$2,795Listed For RentZillow Rentals
04/30/2004$117,650Sold
ARMLS #2115557
10/31/2001$112,000Sold
ARMLS #1695259

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
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

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

Comparable Sales for 5261 S Monaco Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Townhouse
$324,500
03/05/26
3
2.5
1,750
0.06
Townhouse
$230,000
03/31/26
3
2
1,734
0.06
Townhouse
$220,000
12/23/25
3
2
1,368
0.05
Townhouse
$349,000
08/28/25
3
2
1,368
0.19
Townhouse
$375,000
09/02/25
3
2
1,539
0.18
Townhouse
$349,000
12/10/25
3
2
1,330
0.19
Townhouse
$339,000
01/06/26
3
2
1,330
0.47
Townhouse
$299,000
06/18/26
3
2.5
1,656
0.24
Townhouse
$439,900
05/27/26
3
2
1,539
0.53
Townhouse
$379,000
02/27/26
3
2.5
1,704

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 5261 S Monaco Dr.
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

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Pool

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Homes for sale near 5261 S Monaco Dr

Skip to last item
Skip to first item

Off Market Homes Near 5261 S Monaco Dr

Skip to last item
Skip to first item