5316 S Palm Drive, Tempe, AZ 85283 - Photo 1

1/1

$370,000

Sold
Closed
Townhouse
3 Beds
2 Total Baths
0.08 Acres
2 Car Garage

1/1

Property Description

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.

Full Property Details

Full Property Details for 5316 S Palm Dr

General

Sold For: $370,000
HOA FEE: $174/month
Taxes: $1,427 (2024)
Status: Closed
Type: Townhouse
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6845526
Added to Site: 263 day(s) ago

Interior

Interior Features: Full Bth Master Bdrm

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: Wshr/Dry HookUp Only

Parking

Garage: Yes
Garage Spaces: 2

Location

County: Maricopa
Township: 1S
Subdivision: UNIVERSITY ROYAL GARDEN HOMES
Cross Streets: Baseline & Rural Road

Community

Association: Yes
Assoc. Name: UNIVERSITY ROYAL GAR
Assoc. Fees Include: Other (See Remarks)

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Electric

Utilities

Water: City Water

Structural Information

Builder: Master Craft
Exterior Const.: Stucco, Painted, Block
Roof: Foam
Sq. Ft. Source: Assessor
Year Built: 1979

Lot Features

Lot Size (Acres): 0.08
Lot Size (Sq. Ft.): 3,524
Lot Size Source: Assessor
Lot Features: Grass Front
Fencing (Description): Block

Financial Considerations

Association Fee: $174
Assoc Fee Freq.: Monthly
Tax Amount: $1,427
Tax Year: 2024
Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Ownership: Fee Simple
Legal Description: LOT 17 UNIVERSITY ROYAL GARDEN HOMES MCR 016719
Property ID: 301-80-460
Range: 4E
Section: 3
Lot Number: 17

Listed by Keller Williams Arizona Realty
Sold by West USA Realty

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— 5316 S Palm Dr —

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Schools

Schools serving 5316 S Palm Dr

School Districts:Tempe School District, Tempe Union High School District

Name	Grades	Distance
Aguilar Elementary School 5800 South Forest Avenue, Tempe, AZ 85283	PK-5	0.5 mi
Fees College Preparatory Middle School 1600 East Watson Drive, Tempe, AZ 85283	6-8	0.9 mi
Marcos De Niza High School 6000 South Lakeshore Drive, Tempe, AZ 85283	9-12	0.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5316 S Palm Dr

Date

Details

Price

Change

Source

8/13/2025

Sold

$370,000

-5.1%

MLS

6/25/2025

Price Reduced

$389,900

-4.88%

MLS

6/16/2025

Price Reduced

$409,900

-1.23%

MLS

5/19/2025

Price Reduced

$415,000

-2.35%

MLS

4/28/2025

Listed

$425,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5316 S Palm Drive, Tempe, AZ 85283 (MLS# 6845526) is a Townhouse property that was sold at $370,000 on August 13, 2025. Want to learn more about 5316 S Palm Drive? Do you have questions about finding other Townhouse real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

5316 S Palm Dr Tempe, AZ 85283