5261 S Monaco Dr
Tempe, AZ 85283
Optimist Park NW- 3 Beds
- 3 Baths
- 1,750 sqft
3 Beds
3 Baths
1,750 sqft
Local Information
-- mins to
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
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
|
|---|
Heating & Cooling Heating: Heat PumpAir ConditioningCooling System: Central AirHeating Fuel: Heat Pump |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Levels, Entrance, & Accessibility Floors: Hardwood, Tile |
|
|---|
Property Type / Style Property Type: Townhouse |
|
|---|
Lease Term: 1 YearAvailable: now |
|
|---|
Pool Pool |
Parking & Garage Parking: Attached, On Site |
|
|---|
Pool |
Price History for 5261 S Monaco Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 10/13/2024 | $3,046 | ListingRemoved | Zillow Rentals |
| 09/26/2024 | $2,795 | Listed For Rent | Zillow Rentals |
| 04/30/2004 | $117,650 | Sold | ARMLS #2115557 |
| 10/31/2001 | $112,000 | Sold | ARMLS #1695259 |
Market trends in Tempe
Last updated May 2026
Avg. sale price
$458K
$7KMoM
Sale-to-List Price
98.3%
Price per sq ft
$289
$1MoM
Available listings
535
14MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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.Assigned Schools
These are the assigned schools for 5261 S Monaco Dr.
What Locals Say about Optimist Park NW
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections