For sale

Price cut: $4.9K (8/10)

$265,000

1022 W MALIBU Drive, Tempe, AZ 85282

3beds

1,088sqft

$1,875/mo

Get pre-qualified

Townhouse

Built in 1980

1,167 Square Feet Lot

$-- Zestimate^®

$244/sqft

$297/mo HOA

What's special

Functional layoutPrivate courtyard patio

Well-located 3-bedroom, 2-bath block home offering comfort, convenience, and easy access to some of Tempe's most popular destinations. Situated close to ASU, Sky Harbor Airport, shopping, dining, and everyday essentials. Enjoy a private courtyard patio with views of the grassy community park, playground, and pool, creating a comfortable outdoor space for relaxing or entertaining. With a functional layout, solid block construction, and a location that keeps you close to everything, this home is ready for its next chapter.

101 days

837

46

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Washer/Dryer Stacked, Dryer, Washer, Refrigerator, Dishwasher, Disposal

Features

Pantry, 3/4 Bath Master Bdrm
Windows: Skylight(s), Solar Screens
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,088
Total interior livable area: 1,088 sqft

Property

Parking

Total spaces: 2
Parking features: Carport
Carport spaces: 2

Features

Stories: 1
Patio & porch: Patio
Exterior features: Playground, Storage
Spa features: None
Fencing: Block

Lot

Size: 1,167 Square Feet
Features: North/South Exposure, Grass Front

Details

Parcel number: 12343126A

Construction

Type & style

Home type: Townhouse
Property subtype: Townhouse
Attached to another structure: Yes

Materials

Painted, Block
Roof: Composition

Condition

Year built: 1980

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Features: Pool, Playground
Subdivision: SOUTHERN VILLAGE ESTATES UNIT 2

HOA

Has HOA: Yes
Services included: Maintenance Grounds, Maintenance Exterior
HOA fee: $297 monthly
HOA name: Southern Village
HOA phone: 480-682-3206

Location

Region: Tempe

Financial & listing details

Price per square foot: $244/sqft
Tax assessed value: $253,500
Annual tax amount: $1,206
Date on market: 5/8/2026
Cumulative days on market: 101 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/10/2026	Price change	$265,000-1.8%$244/sqft
Source: ARMLS #7025987 Report a problem
5/9/2026	Listed for sale	$269,900+148.8%$248/sqft
Source: ARMLS #7025987 Report a problem
3/5/2004	Sold	$108,500$100/sqft
Source: ARMLS #2095522 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,201 +7%	$25,350 -5.5%
2024	$1,123 +1.2%	$26,820 +193.8%
2023	$1,109 +3.8%	$9,130 -45%
2022	$1,069 +2.4%	$16,600 +12.5%
2021	$1,043 +1.9%	$14,750 +8.8%
2020	$1,023 +2.6%	$13,560 +12.7%
2019	$998	$12,030 +16.7%
2018	$998 +3.1%	$10,310 +11.8%
2017	$968 +4.9%	$9,220 +8.2%
2016	$923 -0.4%	$8,520 +8.5%
2015	$927	$7,850 +20.6%
2014	--	$6,510 +21.7%
2013	--	$5,350 -7%
2012	--	$5,750 -27.2%
2011	--	$7,900 -27.5%
2010	--	$10,900 -24.6%
2009	--	$14,450 +3.2%
2008	--	$14,000 +23.3%
2007	--	$11,350 +37.6%
2006	--	$8,250
2005	--	$8,250 +14.6%
2004	--	$7,200
2003	--	$7,200 +21%
2002	--	$5,950