562 S ALLRED Drive, Tempe, AZ 85281
Property image
Property image
SOLD
MAY 18, 2026

562 S ALLRED Drive
Tempe, AZ 85281

  • 2 Beds
  • 2 Baths
  • 987 sqft

$305,000

Last Sold: May 18, 2026
$309/sqft
Est. Refi. Payment $1,741/mo*
Refinance Your Home

$305,000

Last Sold: May 18, 2026
$309/sqft
Est. Refi. Payment $1,741/mo*
Refinance Your Home
2 Beds
2 Baths
987 sqft

Home Value

Trulia Estimate
$308K
Since last month
Increased$2K (+0.6%)
Since last year
Increased$62K (+24.9%)
Since last sale
Increased$3K (+1%)
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 +171% in the last 10 years
MonthEstimated value
2026
August 2026$308K
July 2026$306K
June 2026$305K
May 2026$305K
April 2026$301K
March 2026$246K
February 2026$247K
January 2026$246K
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
552 S ALLRED Drive, Tempe, AZ
0.01
Townhouse
$302,500
12/09/25
2
2
987
524 S ALLRED Drive, Tempe, AZ
0.05
Townhouse
$240,000
10/15/25
2
2
987
618 S ALLRED Drive, Tempe, AZ
0.03
Townhouse
$230,000
06/22/26
2
2
987
651 S ALLRED Drive, Tempe, AZ
0.08
Townhouse
$305,000
05/15/26
3
2
1,132
2431 E 7TH Street, Tempe, AZ
0.14
Townhouse
$230,000
03/24/26
2
2
987
280 S EVERGREEN Road #1246, Tempe, AZ
0.14
Townhouse
$342,500
02/27/26
2
2
1,088
2402 E 5TH Street #1649, Tempe, AZ
0.17
Townhouse
$335,000
10/30/25
2
2
1,088

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
610 S ALLRED Drive, Tempe, AZ 85281
0.02
$254,900
2
2
987
Off Market
618 S ALLRED Drive, Tempe, AZ 85281
0.03
$230,000
2
2
987
Recently Sold
620 S ALLRED Drive, Tempe, AZ 85281
0.03
$249,500
2
2
987
Off Market
552 S ALLRED Drive, Tempe, AZ 85281
0.01
$302,500
2
2
987
Recently Sold
603 S ALLRED Drive, Tempe, AZ 85281
0.04
$169,465
2
2
987
Recently Sold
2340 E University Drive #248, Tempe, AZ 85288
0.07
$115,400
4
2
2,000
Off Market
2504 E 6TH Street, Tempe, AZ 85281
0.04
$252,900
2
2
987
Off Market
651 S ALLRED Drive, Tempe, AZ 85281
0.08
$305,000
3
2
1,132
Recently Sold
535 N ALLRED Drive, Tempe, AZ 85281
0.04
$219,900
2
2
987
Off Market
524 S ALLRED Drive, Tempe, AZ 85281
0.05
$242,600
2
2
987
Off Market
2340 E University Drive #226, Tempe, AZ 85281
0.09
$47,800
2
1
784
Off Market

Local Information

  • Map ViewExplore the area around 562 S ALLRED Drive.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
1981
Living Area
987 sqft
Price/Sqft
$309/sqft
Parking
1 Open Spaces
HOA
$375/Monthly

About this House

Fully renovated and impeccably reimagined, this University Shadows residence blends modern sophistication with everyday comfort, all elevated by thoughtful designer detail throughout. Vaulted ceilings with exposed beams and four skylights fill the spacious interior with natural light, while the stunning kitchen serves as a true centerpiece with sleek custom cabinetry, stylish backsplash, and a beautifully designed dry bar offering additional storage. Both bathrooms have been thoughtfully curated with a refined, high-design aesthetic. Outside, a private gated front courtyard with ambient lighting and a low-maintenance rear paver patio create inviting spaces for effortless entertaining. Extensive improvements include all interior and exterior doors, new windows and sliders, 2025 HVAC, updated flooring, remodeled kitchen and baths, upgraded plumbing fixtures, and abundant recessed lighting throughout. An HOA-covered roof adds convenience, and NO rental restrictions offers added flexibility for homeowners and investors alike. Perfectly positioned just minutes from ASU, Scottsdale, Sky Harbor, and Downtown Phoenix -- with Sloan Park, the spring training home of the Chicago Cubs, only a short five-minute walk away -- this exceptional home reflects true pride of ownership, with no expense spared in its transformation. Can be sold fully furnished and turn key - inquire for more information.
562 S ALLRED Drive, Tempe, AZ 85281 is a 2 bedroom, 2 bathroom, 987 sqft townhouse built in 1981. It last sold for the $305,000 asking price on May 18, 2026. More recently, it was listed as a rental in September 2014 with an asking price of $850 per month. That rental listing was removed on October 16, 2014. It is currently off market. The Trulia Estimate is $308,000, with a rent estimate of $1,697/month.
Last check for updates: about 2 hours ago
Listed by Michelle Mazzola, (480) 239-5684
SERHANT.
Bought with: Shayna Elaine Campbell, (928) 978-4965, LPT Realty, LLC
Source: ARMLS, MLS#7009464
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 562 S ALLRED Drive

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 987 Square Feet
Appliances & Utilities
Utilities: Phone AvailableAppliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric OvenDishwasherDisposalDryerLaundry: InsideRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,ENERGY STAR Qualified Equipment,CeilingHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ENERGY STAR Qualified Equipment,Programmable ThmstatHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Spa: NoneNo Fireplace
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1

Exterior Features

Exterior Home Features
Fencing: Block, Wrought Iron
Parking & Garage
Number of Carport Spaces: 1Number of Covered Spaces: 1Open Parking Spaces: 1Has a CarportNo GarageHas Open ParkingParking Spaces: 2Parking: Carport, Open
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 21

Property Information

Year Built
Year Built: 1981
Property Type / Style
Property Type: ResidentialProperty Subtype: Townhouse
Building
Construction Materials: Stucco, Wood Frame, PaintedAttached To Another Structure
Property Information
Parcel Number: 13539284

Price & Status

Price
List Price: $305,000Price Per Sqft: $309/sqft
Status Change & Dates
Off Market Date: Sun Apr 26 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: TempeCommunity: UNIVERSITY SHADOWS
School Information
Elementary School: Curry Elementary SchoolElementary School District: Tempe School DistrictJr High / Middle School: Connolly Middle SchoolHigh School: McClintock High SchoolHigh School District: Tempe Union High School District

Building

Building Area
Building Area: 987 Square Feet

Community

Community Features: Pool

HOA

HOA Fee Includes: Roof Repair, Insurance, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Roof ReplacementHOA Name: UniversityShadowHOAHOA Phone: 480-820-1519Has an HOAHOA Fee: $375/Monthly

Lot Information

Lot Area: 98 sqft

Listing Info

Special Conditions: Owner/Agent

Offer

Listing Terms: Cash, Conventional

Business

Business Information
Ownership: Condominium

Miscellaneous

Mls Number: 7009464

Additional Information

Pool

Price and Tax history

DateEventPrice
May 18, 2026
Source: ARMLS #7009464
Sold
$305,000
Apr 26, 2026
Source: ARMLS #7009464
Pending
$305,000
Apr 5, 2026
Source: ARMLS #7009464
Listed For Sale
$305,000
Jun 25, 2021
Source: ARMLS #6242670
Sold
$230,000
May 28, 2021
Source: ARMLS #6242670
Listed For Sale
$204,500

Market trends in Tempe

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$1.67KMoM
Sale-to-List Price
98.3%
0.1%MoM
Price per sq ft
$289
$3MoM
Available listings
571
21MoM

Around this home

What Locals Say about Tempe

At least 1318 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 90 % Say there are sidewalks

  • 79 % Say parking is easy

  • 77 % Say car is needed

  • 70 % Say it's walkable to restaurants

  • 68 % Say streets are well-lit

  • 66 % Say there's holiday spirit

  • 64 % Say people would walk alone at night

  • 62 % Say yards are well-kept

  • 61 % Say it's walkable to grocery stores

  • 58 % Say it's quiet

  • 53 % Say kids play outside

  • 43 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 25 % Say there's wildlife

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jdimmel
    "Easy to get onto major freeways if you work downtown"
    0
    Flag
  • Cainiac
    "Tempe is a very large area. Even a zip code like 85281 can vary. I live in the ASU area near 1st and University. Walkable to Whole-foods and many restaurants. Tempe Beach is like an oasis. "
    0
    Flag
  • Karen Orton
    "Its walkable, nice park around the corner, houses are well maintained and there is no HOA. "
    0
    Flag
  • Louise Marin
    "Great walking areas. Dog play areas in the surrounding parks. Well lit areas for evening activities. "
    0
    Flag
  • Trulia User
    "You should Still be watching your kids outside even if if seems safe. Live in “nice” “gated and secured” apartments and still many crimes occur in a short amount of time. "
    0
    Flag
  • Patrice Trotter
    "I’ve lived in this area for 9 months, it’s been quiet and friendly. With easy access for parking and convenient access to laundry and well maintained facilities."
    0
    Flag
  • Rs70asn
    "Many families. Great parks and greenbelts. Friendly. Stores and restaurants nearby. Great schools nearby"
    1
    Flag
  • Thomas Burke
    "I live in this neighborhood, but you never see your neighbors and everyone in the backyard. All the walls are black wall walls. It’s not like back east where you see your neighbors and people sit on their front porches."
    0
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  • Thomas Burke
    "I really don’t know my neighbors. Everybody keeps themselves and I’ve lived here a year. There is nice places to walk I do feel safe in this neighborhood and everything we could want is within driving distance "
    0
    Flag
  • Emely Zambrano
    "Nice neighbors and it’s close to a lot of great restaurants and stores. Tempe is in the middle of everything. It’s a great location close enough to ASU but not close enough to be part of a college town. "
    0
    Flag
  • Rachel Belcher
    "The parks hold a lot art events that bring the neighborhood together. Very family/friendly oriented. "
    1
    Flag
  • Miguel L
    "Tempe is like dog heaven. Every corner you turn you’ll see someone walking their dog. There are also tons of waste bags located around the area I live in and at the lake. "
    0
    Flag
  • Destiny Garcia
    "Park events and church events they seem like fun haven’t been to one yet but the neighborhood seems kind"
    0
    Flag
  • Hfbbhb7s4b
    "Not that bad. Can take major roads or freeway to Phoenix downtown, or light rail. It’s possible to use public transportation to light rail, as well as to city hall, ASU, Tempe Marketplace. Commute is usually-22 minutes. "
    0
    Flag
  • Manuel Rodriguez
    "great parks and nice families. there is lovely houses near the neighborhood and lots of markets and stores and parks and water parks "
    0
    Flag
  • Alejandro Martinez
    "I live right next to Southern and it is one of the most congested streets in Tempe. it’s so noisy sometimes at night with cars revving their engines in the middle of the night for no reason whatsoever. "
    0
    Flag
  • Aj.martinez2000
    "Dog owners have access to a dog park as long as they have all forms and registrations completed and up to date. "
    0
    Flag
  • Julie
    "Dog park nearby and friendly folks at the park. Some unhoused people at the park at times but generally pleasant."
    0
    Flag
  • Nancy Benitez
    "All dog owners like about this area because theirs a trail to walk the dogs and all the apartments are dog friendly "
    0
    Flag
  • Trulia User
    "Yes most definitely but watch of rattlesnake during the summer months. But the community is kind and well organized "
    0
    Flag
  • Trulia User
    "great scenic views and a variety of trees, flora, and rock formations in a private neighborhood.love the outdoors and local restaurants and fresh produce markets."
    0
    Flag
  • Trulia User
    "Great community. A lot of friendly neighbors walking their dog. Never had an issue with someone’s dog."
    1
    Flag
  • Trulia User
    "People don't know how to control their dogs sometimes. There are a lot of people who get very upset seeing dogs being walked on 110+ degree pavement."
    0
    Flag
  • Trulia User
    "don't live here. but it's great when I visit. I live 10 minutes from my office never had an issue "
    0
    Flag
  • Trulia User
    "The Tempe Orbit comes through the neighborhood often but I just drive my personal car. There seems to be some bus stops nearby as well."
    1
    Flag
  • Trulia User
    "This neighborhood is safe and fairly quiet, downside would be number of rental homes. I have lived in the area 49 years."
    0
    Flag
  • Trulia User
    "I love the neighborhood for its safe walking trails. I can take a walk at any time of day or evening and it always feels safe. There are plenty of lights and always someone out walking their dogs. I love that it’s kid friendly and all the properties are well maintained. "
    0
    Flag
  • Trulia User
    "It’s close to the high school, you can hear the high school band on football game nights, it’s cute."
    0
    Flag
  • Trulia User
    "I use an electric car and occasionally the light rail to get to work and other places. but I do see public transportation all the time "
    0
    Flag
  • Trulia User
    "People speed down these streets even with the speed bumps and the curb parking makes visibility a challenge. "
    2
    Flag
  • Trulia User
    "this neighborhood has an amazing elementary school and community center..the community here is very quiet and nice "
    0
    Flag
  • Trulia User
    "I have lived in this neighborhood for several years and have never experienced any issues. Sure you have some bad seeds but that’s everywhere you go. But everyone is friendly and kids are out playing. "
    0
    Flag
  • Trulia User
    "A short pleasant trip with many interesting sights and places to shop and or visit. Including many Restaurants and the Tempe Library on the way"
    0
    Flag
  • Trulia User
    "I am very centralized to a lot of things including work. This location is perfect and I really couldn’t have asked for anything better"
    1
    Flag
  • Trulia User
    "We help each other. Raised our kids together. This neighborhood seems to understand it takes a village. and we have each other's backs in a crisis. it neighborhood is also culturally diverse. and our neighborhood has all afe ranges living it. We are near ASU and downtown Tempe, which is very charming. "
    0
    Flag
  • Nicole B.
    "Events in the park; movies, live music, food trucks, b2b events, dog runs and other parade or charity fundraisers "
    0
    Flag
  • Amymc.clubtattoo
    "No special events that I know of. I live in a nice, friendly, safe neighborhood that is very dog friendly. Lots of parks. Tempe is just a nice place to live. 😀"
    0
    Flag
  • Victorya V.
    "The events that are held at Kiwanis park , like movie night or the new water park. I have enjoyed living in Tempe"
    0
    Flag
  • Iceman8593
    "Great place for young people. Right by asu and Scottsdale makes for awesome living. Being young here makes you want to achieve more and flourish just by your surroundings. "
    0
    Flag
  • Kelly W.
    "I like all the festivals at Tempe Beach Park. I also enjoy that I can walk practically anywhere. Tempe does a great job at celebrating holidays."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 562 S ALLRED Drive

  • What is 562 S ALLRED Drive estimated to be worth?
    Trulia's estimated value for 562 S ALLRED Drive in Tempe, AZ is $308,000.
  • What is the price history for 562 S ALLRED Drive?
    562 S ALLRED Drive in Tempe, AZ last sold for $305,000 in May 2026.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $463K. That is down $1.67K from the prior month.
  • Does 562 S ALLRED Drive have air conditioning?
    Yes, 562 S ALLRED Drive in Tempe, AZ has air conditioning.
  • Does 562 S ALLRED Drive have a pool?
    Yes, 562 S ALLRED Drive in Tempe, AZ has a pool.

Explore by feature - Pet Friendly

497 pet-friendly rentals in Tempe, AZ

Explore by feature - Garage

321 rentals with a garage in Tempe, AZ

Explore by feature - Air Conditioning

659 rentals with air conditioning in Tempe, AZ

Explore by feature - Pool

564 rentals with a pool in Tempe, AZ

Explore by feature - Washer/dryer

714 rentals with a washer/dryer in Tempe, AZ

Explore by feature - Outdoor Space

248 rentals with an outdoor space in Tempe, AZ

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Off Market Homes Near 562 S ALLRED Drive

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