5350 S RIVER Drive, Tempe, AZ 85283
Property image
Property image
OFF MARKET

$468,200

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,432 sqft

5350 S RIVER Drive, Tempe, AZ 85283

Optimist Park NE
Est. Refi. Payment $2,737/mo*
Refinance Your Home
Currently Off Market - Sold Aug 20, 2025 for $477,500

Home Value

Trulia Estimate
$468K
Since last month
Decreased$9K (-1.9%)
Since last year
Decreased$5K (-0.9%)
Since last sale
Decreased$8K (-1.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +109% in the last 10 years
MonthEstimated value
2026
September 2026$470K
August 2026$479K
July 2026$476K
June 2026$474K
May 2026$473K
April 2026$469K
March 2026$471K
February 2026$476K
January 2026$476K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.18
Single-Family Home
$440,000
07/28/26
3
2
1,459
0.07
Single-Family Home
$575,000
06/11/26
3
2
1,652
0.15
Single-Family Home
$540,000
07/31/26
3
2
1,600
0.15
Single-Family Home
$500,000
01/16/26
3
2
1,647
0.19
Single-Family Home
$450,000
08/17/26
3
2
1,260
0.14
Single-Family Home
$536,000
05/22/26
3
2
1,741
0.17
Single-Family Home
$450,000
05/20/26
5
2
1,848
0.18
Single-Family Home
$466,801
01/09/26
3
2
1,750
0.14
Single-Family Home
$590,000
03/19/26
3
2
1,792
0.28
Single-Family Home
$430,000
04/02/26
3
2
1,432

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$603,400
3
2
1,772
Off Market
0.09
$558,400
3
2
1,773
Off Market
0.05
$519,000
3
2
1,773
Off Market
0.10
$632,800
4
2.5
1,792
Off Market
0.07
$575,000
3
2
1,652
Recently Sold
0.10
$575,100
3
2
1,647
Off Market
0.13
$528,900
4
2
1,792
Off Market
0.14
$590,000
3
2
1,792
Recently Sold
0.15
$440,100
3
2
1,498
Off Market
0.10
$468,700
3
2
1,432
Off Market
0.09
$534,700
3
2
1,705
Off Market

Local Information

  • Map ViewExplore the area around 5350 S RIVER Drive.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1974
1,432 sqft
$327/sqft
Garage

About this House

What's unique:Rv gateLow-maintenance desert landscapingUpdated electrical panelMature treesLennox ac systemTasteful interior paint
Thoughtfully Updated Home | 3 bed/ 2 bath | Prime South Tempe Location | Optimist Park | 85283- Minutes from sought after Fuller Elementary and retail (Target, Trader Joe's, and Sprouts). Very active community (no HOA) with family events like Arts in the Park, walking clubs, community garage sales. Interior Updates- engineered wood floors (2019), premium grade carpet (2024), Bosch dishwasher + stainless steel sink (2023), bathrooms (2021), dual-pane windows, Hunter Douglas blackout shades (2017), electrical panel (2022), Lennox A/C (2020), ADT security (2017). Versatile office/closet system in middle bedroom. Exterior- well-shaded backyard with mature trees, grass, irrigation, front desert landscaping, RV gate (2017), and exterior paint (2025). Incredible Value for the Neighborhood!
5350 S RIVER Drive, Tempe, AZ 85283 is a 3 bedroom, 2 bathroom, 1,432 sqft single-family home in Optimist Park NE, built in 1974. It last sold for $477,500 on Aug 20, 2025 (2% below the $485,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $468,200, with a rent estimate of $2,329/month.
Last check for updates: about 10 hours ago
Listed by Ross D Harwood, (480) 510-1982
DeLex Realty
Bought with: Michael Hardesty, (623) 217-3044, AZArchitecture/Jarson & Jarson
Source: ARMLS, MLS#6881909
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 5350 S RIVER Drive

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Dimensions and Layout
Living Area: 1432 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric CooktopDishwasherDisposalRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Programmable ThmstatHas HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: Above GroundNo FireplaceHas a Spa
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Carpet, Laminate, Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Carpet, Laminate, Tile

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: CoveredFencing: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 4Parking: RV Gate,Garage Door Opener,Direct Access
Frontage
Responsible for Road Maintenance: City Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 23

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Wood Frame, Painted, BlockNot Attached Property
Property Information
Parcel Number: 30501149

Price & Status

Price
List Price: $485,000
Status Change & Dates
Off Market Date: Fri Jul 11 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: TempeCommunity: KNOELL TEMPE UNIT 6
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: 1432 Square Feet

Community

Community Features: Transportation Svcs, Near Bus Stop, Biking/Walking Path

HOA

HOA Fee Includes: No FeesNo HOA

Lot Information

Lot Area: 6630 sqft

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6881909

Additional Information

Transportation SvcsNear Bus StopBiking/Walking Path

Price and Tax history

DateEventPrice
Aug 20, 2025
Source: ARMLS #6881909
Sold
$477,500
Jul 12, 2025
Source: ARMLS #6881909
Pending
$485,000
Jun 18, 2025
Source: ARMLS #6881909
Listed For Sale
$485,000
Feb 18, 2017
Source: Agent Provided
ListingRemoved
$245,000
Feb 18, 2017
Source: Agent Provided
PendingToActive
$245,000

Market trends in Tempe

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$461K
$1.5K
MoM
Sale-to-List Price
98.3%
Price per sq ft
$289
$0
MoM
Available listings
593
22
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Frequently asked questions about 5350 S RIVER Drive

  • What is 5350 S RIVER Drive estimated to be worth?
    Trulia's estimated value for 5350 S RIVER Drive in Tempe, AZ is $468,200.
  • What is the price history for 5350 S RIVER Drive?
    5350 S RIVER Drive in Tempe, AZ last sold for $477,500 in August 2025.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $461K. That is down $1.5K from the prior month.
  • Does 5350 S RIVER Drive have air conditioning?
    Yes, 5350 S RIVER Drive in Tempe, AZ has air conditioning.
  • How big is the lot at 5350 S RIVER Drive?
    The lot at 5350 S RIVER Drive in Tempe, AZ is about 0.15 acres (6,630 sq ft).

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