Spacious 5-bed, 2-bath home in prime Tempe location - ideal as an investment or primary residence. Currently rented with immediate income potential. Features a recently updated private pool, 2-car garage, and generous living space. One bathroom offers dual access from a bedroom and hallway - perfect for roommate setups. Close to ASU, freeways, shopping, and dining. Great layout and location with long-term upside!
Sold for $500,000
$500,000
501 E ALAMEDA Drive, Tempe, AZ 85282
5beds
2baths
1,970sqft
Single Family Residence
Built in 1963
8,425 Square Feet Lot
$588,300 Zestimate®
$254/sqft
$3,822 Estimated rent
Home value
$588,300
$541,000 - $635,000
$3,822/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Heath Schollenberger 313-622-8733,
KRK Realty, Incorporated
Bought with:
Heath Schollenberger, BR638013000
KRK Realty, Incorporated
Source: ARMLS,MLS#: 6864919
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Electric
Cooling
- Central Air
Features
- Eat-in Kitchen, 3/4 Bath Master Bdrm
- Flooring: Vinyl
- Has basement: No
Interior area
- Total structure area: 1,970
- Total interior livable area: 1,970 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Open
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Patio
- Has private pool: Yes
- Pool features: Diving Pool
- Spa features: None
- Fencing: Block
Lot
- Size: 8,425 Square Feet
- Features: Grass Front, Grass Back
Details
- Parcel number: 13349116
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Painted, Block
- Roof: Foam
Condition
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Subdivision: CAVALIER CAMPUS 6 LOTS 42-55, 92-100, 135-147
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Tempe
Financial & listing details
- Price per square foot: $254/sqft
- Tax assessed value: $442,300
- Annual tax amount: $2,510
- Date on market: 7/4/2025
- Cumulative days on market: 143 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Listing removed | $5,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/11/2026 | Listed for rent | $5,500+134%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/30/2025 | Sold | $500,000-5.6%$254/sqft |
Source:  ARMLS #6864919 Report a problem | ||
| 8/23/2025 | Price change | $529,900-3.5%$269/sqft |
Source: ARMLS #6864919 Report a problem | ||
| 8/3/2025 | Listing removed | $2,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/30/2025 | Listed for rent | $2,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/30/2025 | Listing removed | $2,350$1/sqft |
Source: ARMLS #6877598 Report a problem | ||
| 7/15/2025 | Price change | $2,350-14.5%$1/sqft |
Source: ARMLS #6877598 Report a problem | ||
| 6/30/2025 | Price change | $2,750+17%$1/sqft |
Source: ARMLS #6877598 Report a problem | ||
| 6/30/2025 | Price change | $2,350-14.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/9/2025 | Price change | $549,000-2.8%$279/sqft |
Source: ARMLS #6864919 Report a problem | ||
| 6/9/2025 | Price change | $2,750-15.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/12/2025 | Listed for sale | $565,000+82.3%$287/sqft |
Source: ARMLS #6864919 Report a problem | ||
| 4/23/2025 | Price change | $3,250-13.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/31/2025 | Listed for rent | $3,750+78.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/27/2018 | Listing removed | $2,100$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/10/2018 | Price change | $2,100-8.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/26/2018 | Price change | $2,300-8%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/6/2018 | Price change | $2,500-16.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/20/2018 | Price change | $3,000-16.7%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/4/2018 | Listed for rent | $3,600$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/15/2017 | Sold | $310,000-6%$157/sqft |
Source: ARMLS #5608805 Report a problem | ||
| 8/11/2017 | Pending sale | $329,900$167/sqft |
Source: HomeSmart #5608805 Report a problem | ||
| 8/11/2017 | Listed for sale | $329,900$167/sqft |
Source: HomeSmart #5608805 Report a problem | ||
| 8/11/2017 | Pending sale | $329,900$167/sqft |
Source: HomeSmart #5608805 Report a problem | ||
| 7/13/2017 | Listed for sale | $329,900$167/sqft |
Source: HomeSmart #5608805 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,674 +7% | $44,230 -8.5% |
| 2024 | $2,499 +1.2% | $48,320 +137.7% |
| 2023 | $2,470 +3.8% | $20,324 -37.6% |
| 2022 | $2,379 +2.4% | $32,570 +9.8% |
| 2021 | $2,322 +1.9% | $29,670 +7.5% |
| 2020 | $2,278 +2.6% | $27,610 +6.1% |
| 2019 | $2,222 | $26,020 +3.1% |
| 2018 | $2,222 +19.1% | $25,230 +6.4% |
| 2017 | $1,866 +3.9% | $23,710 -2.3% |
| 2016 | $1,796 -2.9% | $24,260 +8.4% |
| 2015 | $1,851 | $22,370 +49.1% |
| 2014 | -- | $15,000 +25.9% |
| 2013 | -- | $11,910 -10.2% |
| 2012 | -- | $13,260 -19.7% |
| 2011 | -- | $16,520 -14% |
| 2010 | -- | $19,220 -17.1% |
| 2009 | -- | $23,180 -3% |
| 2008 | -- | $23,900 +13% |
| 2007 | -- | $21,150 +46.4% |
| 2006 | -- | $14,450 |
| 2005 | -- | $14,450 +12.9% |
| 2004 | -- | $12,800 |
| 2003 | -- | $12,800 +20.8% |
| 2002 | -- | $10,600 |
Find assessor info on the county website
Neighborhood: Alameda-Campus
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Nearby schools
GreatSchools rating
- 9/10Broadmor Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Connolly Middle SchoolGrades: 6-8Distance: 1.8 mi
- 5/10Tempe High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Broadmor Elementary School
- Middle: Connolly Middle School
- High: Tempe High School
- District: Tempe School District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$588,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$588,300
- Arizona
- Maricopa County
- Tempe
- 85282
- Alameda-Campus
- 501 E ALAMEDA Drive
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