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Sold for $388,000
  • $388,000

    512 S MARGO Drive, Tempe, AZ 85281

    3beds
    1,064sqft
    Single Family Residence
    Built in 1956
    5,924 Square Feet Lot
    $388,700 Zestimate®
    $365/sqft
    $2,251 Estimated rent

    Home value

    $388,700

    $369,000 - $408,000

    $2,251/mo

    Zestimate® history
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    What's special

    Spacious backyardCorner homeTwo large storage areas
    Nestled in the heart of Tempe, this corner home offers the perfect blend of comfort and convenience. Step inside and be welcomed by the ambiance of a well cared for, move in ready 3 bedroom, 2 bathroom home. Recent updates such as the roof in 2024, HVAC system in 2022, water heater in 2024 and most of the windows in 2020 ensure comfort and efficiency. The exterior features two large storage areas a carport and a spacious backyard. Whether you're a student, faculty member, or simply seeking proximity to vibrant energy, this home is located just 1.7 miles from the ASU campus. Don't miss this opportunity and reach out today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Spencer J Coon 480-459-8675,

    Stockbridge Real Estate,

    Brandon Stockbridge 928-300-4066,

    Stockbridge Real Estate

    Bought with:

    Spencer J Coon, BR625310000

    Stockbridge Real Estate

    Source: ARMLS,MLS#: 6990674MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump, Natural Gas
    Cooling
    • Heat Pump, Gas, Central Air
    Appliances
    • Included: Dryer, Washer, Refrigerator, Gas Range
    • Laundry: Gas Dryer Hookup
    Features
    • 3/4 Bath Master Bdrm
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,064
    • Total interior livable area: 1,064 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached Carport
    • Carport spaces: 2
    • Uncovered spaces: 1
    Features
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Storage
    • Spa features: None
    • Fencing: Back Yard
    Lot
    • Size: 5,924 sqft
    • Features: Corner Lot, Dirt Back, Gravel/Stone Front
    Details
    • Parcel number: 12437080

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    • Utilities for property: Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Tempe
    • Subdivision: D BAR L RANCHOS

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/8/2026Sold$388,000-3%$365/sqft
    Source: ARMLS #6990674 Report a problem
    4/22/2026Pending sale$400,000$376/sqft
    Source: ARMLS #6990674 Report a problem
    3/24/2026Price change$400,000-2.4%$376/sqft
    Source: ARMLS #6990674 Report a problem
    3/9/2026Price change$410,000-2.4%$385/sqft
    Source: ARMLS #6990674 Report a problem
    2/27/2026Listed for sale$420,000+342.6%$395/sqft
    Source: ARMLS #6990674 Report a problem
    5/29/1998Sold$94,900$89/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,214 +7.7%$30,430 -9.5%
    2024$1,128 +1.2%$33,610 +216.7%
    2023$1,114 +4.2%$10,614 -50.5%
    2022$1,069 +1.4%$21,450 +7.5%
    2021$1,054 +2%$19,950 +18%
    2020$1,034 +2.8%$16,910 +6.5%
    2019$1,006 $15,880 +11.4%
    2018$1,006 +3.2%$14,250 +11.1%
    2017$975 +3.9%$12,830 +8.6%
    2016$938 -3.4%$11,810 +16%
    2015$971 $10,180 +28.7%
    2014-- $7,910 +27.2%
    2013-- $6,220 -18.7%
    2012-- $7,650 -25.1%
    2011-- $10,220 -16.2%
    2010-- $12,200 -15.2%
    2009-- $14,380 -4.8%
    2008-- $15,100 +12.3%
    2007-- $13,450 +48.6%
    2006-- $9,050
    2005-- $9,050 +14.6%
    2004-- $7,900
    2003-- $7,900 +28.5%
    2002-- $6,150

    Find assessor info on the county website

    Neighborhood: Sunset

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Scales Technology Academy
    • Middle: Geneva Epps Mosley 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
    $388,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $388,700