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$359,000 Just Listed
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Property Description
Welcome to this cute home in Tempe's Laguna Estates! This 3 bed, 2 bath home is a great fit for a first-time buyer or a smart rental. The home has a fresh new look with paint inside and out. You will love the new roof and new HVAC unit for peace of mind. Step inside to find new carpet in the main family room and all bedrooms. The wood grain vinyl floors add a warm feel and are easy to care for. The open layout flows into an eat-in kitchen, perfect for simple meals and easy mornings at home. This home has charm with its classic brick style and a private front courtyard, perfect for morning coffee or quiet time. Out back, enjoy a covered patio that gives shade and space to relax, plus a large yard that is a blank canvas. Make it your dream space with grass, a pool, or a cozy patio setup. Enjoy added perks with a community pool and rec room, great for fun and easy living. The location is hard to beat. You are right in the heart of Tempe, just minutes to the freeway, shopping, dining, and ASU. This home is clean, updated, and ready for you to move in. Come see it today!
Full Property Details
Full Property Details for 508 W Malibu Dr
General
- Price: $359,000
- HOA FEE: $47/month
- HOA FEE FREQ.: Quarterly
- Taxes: $1,657 (2025)
- Status: Active
- Type: Patio Home
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7017232
- Updated: Today (4/21/2026)
- Added to Site: Today
Interior
- Interior Features: High Speed Internet, Double Vanity, Eat-in Kitchen, Pantry, 3/4 Bath Master Bdrm, Laminate Counters
- Appliances: Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven, Electric Cooktop
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Exterior
- Exterior Features: Private Yard
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, Garage Door Opener, Direct Access
Location
- County: Maricopa
- Township: 1N
- Subdivision: LAGUNA ESTATES REPLAT
- Cross Streets: Southern Ave & Kyrene
Community
- Association: Yes
- Assoc. Name: Laguna Estates
- Assoc. Fees Include: Maintenance Grounds, Street Maint
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Heat Pump
Utilities
- Water: City Water
Structural Information
- Architectural Style: Territorial/Santa Fe,
- Exterior Const.: Stucco, Painted, Block
- Roof: Composition, Built-Up
- Common Walls: 1 Common Wall
- Sq. Ft. Source: Assessor
- Year Built: 1969
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,981
- Lot Size Source: Assessor
- Lot Features: Sprinklers In Front, Desert Front, Dirt Back, Grass Front, Auto Timer H2O Front
Financial Considerations
- Association Fee: $140
- Assoc Fee Freq.: Quarterly
- Tax Amount: $1,657
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LAGUNA ESTATES REPLAT PARCEL C TRACT 1
- Property ID: 123-45-051
- Range: 4E
- Section: 33
Listed by Weichert, Realtors - Courtney Valleywide
Get Pre-Approved Today
Schools
Schools serving 508 W Malibu Dr
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Carminati Elementary School 4001 South McAllister Avenue, Tempe, AZ 85282 | PK-5 | 1 mi |
Geneva Epps Mosley Middle School 1025 South Beck Avenue, Tempe, AZ 85281 | 6-8 | 1.8 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 W Malibu Dr
Date
Details
Price
Change
Source
4/21/2026
Listed
$359,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 508 W Malibu Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,657
8%
$30,910
1%
2024
$1,540
1%
$30,700
-8%
2023
$1,521
5%
$33,220
22%
2022
$1,452
—
$27,170
25%
2022
$1,452
-2%
$21,820
8%
2021
$1,481
3%
$20,150
10%
2020
$1,432
2%
$18,320
9%
2019
$1,404
3%
$16,770
9%
2018
$1,366
3%
$15,430
11%
2017
$1,324
—
$13,910
1%
2016
$1,318
3%
$13,820
4%
2015
$1,274
1%
$13,330
36%
2014
$1,267
11%
$9,800
16%
2013
$1,139
—
$8,450
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 508 W Malibu Dr
508 W Malibu Drive, Tempe, AZ 85282 (MLS# 7017232) is a Patio Home property with 3 bedrooms and 2 full bathrooms. 508 W Malibu Drive is currently listed for $359,000 and was received on April 21, 2026. Want to learn more about 508 W Malibu Drive? Do you have questions about finding other Patio Home real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

