For sale

Price cut: $10K (9/9)

$549,900

401 E CONTINENTAL Drive, Tempe, AZ 85288

4beds

1,339sqft

$3,310/mo

Get pre-qualified

Single Family Residence

Built in 1960

6,111 Square Feet Lot

$-- Zestimate^®

$411/sqft

$-- HOA

What's special

Move-in ready

Concessions available. Wake up minutes from the red rock trails of Papago Park and come home to a space that's completely move-in ready. This home puts you right where you want to be -- close enough to hit Hole-in-the-Rock or the Papago trail system before breakfast, and close to the 202 for an easy commute anywhere in the Valley. Why you'll love it: 🥾 Steps from Papago's iconic hiking and biking trails 🚗 Quick 202 access -- Tempe, Scottsdale, Downtown Phoenix, Sky Harbor all within reach 🏡 Move-in ready -- no renovations. Just unpack and live 📍 Unbeatable location in one of the Valley's most desirable pockets Whether it's a sunrise hike, a bike ride around the buttes, or a quick freeway hop to dinner in Old Town, this location puts the best of

41 days
252
23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Refrigerator, Built-in Microwave, Dishwasher, Built-In Electric Oven

Features

Quartz Countertops, Eat-in Kitchen, Kitchen Island, Full Bth Master Bdrm
Flooring: Vinyl
Windows: Double Pane Windows
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,339
Total interior livable area: 1,339 sqft

Property

Parking

Total spaces: 1
Parking features: Open
Uncovered spaces: 1

Features

Stories: 1
Patio & porch: Patio
Spa features: None
Fencing: Back Yard,Block

Lot

Size: 6,111 Square Feet
Features: Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt

Details

Parcel number: 12915011

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Painted, Brick
Foundation: Brick/Mortar
Roof: Composition

Condition

Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Subdivision: PAPAGO PARKWAY 5

HOA

Has HOA: No
Services included: No Fees

Location

Region: Tempe

Financial & listing details

Price per square foot: $411/sqft
Tax assessed value: $382,800
Annual tax amount: $1,215
Date on market: 7/31/2026
Cumulative days on market: 41 days
Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/9/2026	Price change	$549,900-1.8%$411/sqft
Source: ARMLS #7060755 Report a problem
8/17/2026	Price change	$559,900-1.8%$418/sqft
Source: ARMLS #7060755 Report a problem
7/31/2026	Listed for sale	$569,900+78.1%$426/sqft
Source: ARMLS #7060755 Report a problem
5/29/2026	Sold	$320,000$239/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,207 +5%	$38,280 -3.5%
2024	$1,149 +3.8%	$39,670 +169.7%
2023	$1,107 +3.7%	$14,710 -35.1%
2022	$1,067 -2.9%	$22,650 +6%
2021	$1,099 +3.5%	$21,370 +2%
2020	$1,063 +3.2%	$20,950 +7.4%
2019	$1,030	$19,510 +10.7%
2018	$1,030 +4.8%	$17,630 +12.2%
2017	$982 +7.3%	$15,720 +14.2%
2016	$916 -1.7%	$13,760 +2.2%
2015	$931	$13,470 +18%
2014	--	$11,420 +32.5%
2013	--	$8,620 -7.8%
2012	--	$9,350 -19.7%
2011	--	$11,650 -14.3%
2010	--	$13,600 -17.2%
2009	--	$16,430 -13.8%
2008	--	$19,050 +13.1%
2007	--	$16,850 +62.8%
2006	--	$10,350
2005	--	$10,350 +5.6%
2004	--	$9,800
2003	--	$9,800 +28.9%
2002	--	$7,600