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Sold for $370,000
  • $370,000

    5316 S PALM Drive, Tempe, AZ 85283

    3beds
    2baths
    1,439sqft
    Townhouse
    Built in 1979
    3,524 Square Feet Lot
    $398,800 Zestimate®
    $257/sqft
    $2,079 Estimated rent

    Home value

    $398,800

    $379,000 - $419,000

    $2,079/mo

    Zestimate® history
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    What's special

    Beautifully updated Townhome in the Heart of Tempe! Welcome to your beautiful townhouse in the highly sought-after University Royal Garden Homes community. This single-level home offers 1,439 square feet of thoughtfully designed living space, combining modern style with everyday comfort. Features include a spacious and bright layout, an updated kitchen with sleek appliances and ample storage, a private patio perfect for relaxing or entertaining, and a rare two-car garage for added convenience. The community offers scenic biking and walking paths, and the prime location near Baseline and Rural Road provides easy access to shopping, dining, entertainment, and Arizona State University.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew McCargar 480-771-9320,

    Keller Williams Arizona Realty,

    Cristy Holmes 602-881-6039,

    Keller Williams Arizona Realty

    Bought with:

    Shelby Hobart, SA649208000

    West USA Realty

    Source: ARMLS,MLS#: 6845526MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air
    Features
    • Full Bth Master Bdrm
    • Has basement: No
    Interior area
    • Total structure area: 1,439
    • Total interior livable area: 1,439 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Stories: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 3,524 Square Feet
    • Features: Grass Front
    Details
    • Parcel number: 30180460

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Stucco, Painted, Block
    • Roof: Foam
    Condition
    • Year built: 1979
    Details
    • Builder name: Master Craft

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Biking/Walking Path
    • Subdivision: UNIVERSITY ROYAL GARDEN HOMES
    HOA
    • Has HOA: Yes
    • Services included: Other (See Remarks)
    • HOA fee: $174 monthly
    • HOA name: UNIVERSITY ROYAL GAR
    • HOA phone: 480-759-4945
    Location
    • Region: Tempe

    Financial & listing details

    • Price per square foot: $257/sqft
    • Tax assessed value: $337,100
    • Annual tax amount: $1,427
    • Date on market: 4/28/2025
    • Cumulative days on market: 108 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/13/2025Sold$370,000-5.1%$257/sqft
    Source: ARMLS #6845526 Report a problem
    6/25/2025Price change$389,900-4.9%$271/sqft
    Source: ARMLS #6845526 Report a problem
    6/25/2025Listing removed$2,095$1/sqft
    Source: Zillow Rentals Report a problem
    6/20/2025Price change$2,095-4.6%$1/sqft
    Source: Zillow Rentals Report a problem
    6/16/2025Price change$409,900-1.2%$285/sqft
    Source: ARMLS #6845526 Report a problem
    6/13/2025Price change$2,195-4.4%$2/sqft
    Source: Zillow Rentals Report a problem
    6/4/2025Listed for rent$2,295+70%$2/sqft
    Source: Zillow Rentals Report a problem
    5/20/2025Price change$415,000-2.4%$288/sqft
    Source: ARMLS #6845526 Report a problem
    5/1/2025Listed for sale$425,000$295/sqft
    Source: ARMLS #6845526 Report a problem
    4/30/2025Pending sale$425,000$295/sqft
    Source: ARMLS #6845526 Report a problem
    4/28/2025Listed for sale$425,000+34.9%$295/sqft
    Source: ARMLS #6845526 Report a problem
    11/27/2024Sold$315,000+1475%$219/sqft
    Source: Public Record Report a problem
    1/30/2017Listing removed$1,350+22.7%$1/sqft
    Source: Owner Report a problem
    11/16/2013Listing removed$1,100$1/sqft
    Source: Independence Realty #5026321 Report a problem
    11/7/2013Listed for rent$1,100$1/sqft
    Source: Independence Realty #5026321 Report a problem
    10/11/2013Listing removed--
    Source: Auction.com Report a problem
    9/18/2013Listed for sale$20,000-86.2%$14/sqft
    Source: Auction.com Report a problem
    8/30/2013Sold$144,966$101/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,521 +7%$33,710 +2.3%
    2024$1,421 +1.2%$32,950 +185.1%
    2023$1,404 +3.8%$11,557 -43.8%
    2022$1,353 +2.4%$20,560 +6.7%
    2021$1,321 +1.9%$19,260 +6.8%
    2020$1,296 +2.5%$18,030 +9.9%
    2019$1,263 $16,400 +5.1%
    2018$1,263 +3.1%$15,600 +7%
    2017$1,226 +4.8%$14,580 +10.4%
    2016$1,169 +3.4%$13,210 +18.8%
    2015$1,131 $11,120 +49.3%
    2014-- $7,450
    2013-- $7,450 -55.3%
    2009-- $16,650 -6.7%
    2008-- $17,850 +21.4%
    2007-- $14,700 +43.4%
    2006-- $10,250
    2005-- $10,250 +9%
    2004-- $9,400
    2003-- $9,400 +19.7%
    2002-- $7,850
    Find assessor info on the county website

    Neighborhood: Kiwanis Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Aguilar School
    • Middle: Fees College Preparatory Middle School
    • High: Marcos De Niza 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
    $398,800
    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
    $398,800