512 S Margo Dr Tempe, AZ 85281
Downtown Tempe NeighborhoodEstimated payment $2,239/month
Highlights
- 0.14 Acre Lot
- No HOA
- Formal Dining Room
- Corner Lot
- Covered Patio or Porch
- Cooling System Powered By Gas
About This Home
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 windows (with the exception of 1) 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,220
Year Built
- Built in 1956
Lot Details
- 5,924 Sq Ft Lot
- Corner Lot
Home Design
- Roof Updated in 2024
- Composition Roof
- Block Exterior
Interior Spaces
- 1,064 Sq Ft Home
- 1-Story Property
- Family Room
- Formal Dining Room
- Gas Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 1 Open Parking Space
- 2 Carport Spaces
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
Schools
- Scales Technology Academy Elementary School
- Geneva Epps Mosley Middle School
- Tempe High School
Utilities
- Cooling System Updated in 2022
- Cooling System Powered By Gas
- Central Air
- Air Source Heat Pump
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
Community Details
- No Home Owners Association
- Association fees include no fees
- D Bar L Ranchos Subdivision
Listing and Financial Details
- Tax Lot 76
- Assessor Parcel Number 124-37-080
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,220 | $11,702 | -- | -- |
| 2024 | $1,119 | $11,145 | -- | -- |
| 2023 | $1,119 | $29,060 | $5,810 | $23,250 |
| 2022 | $1,069 | $21,450 | $4,290 | $17,160 |
| 2021 | $1,090 | $19,950 | $3,990 | $15,960 |
| 2020 | $1,054 | $16,910 | $3,380 | $13,530 |
| 2019 | $1,034 | $15,880 | $3,170 | $12,710 |
| 2018 | $1,006 | $14,250 | $2,850 | $11,400 |
| 2017 | $975 | $12,830 | $2,560 | $10,270 |
| 2016 | $970 | $11,810 | $2,360 | $9,450 |
| 2015 | $938 | $10,180 | $2,030 | $8,150 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2026 03/24/26 | Price Changed | $400,000 | -2.4% | $376 / Sq Ft |
| 03/09/2026 03/09/26 | Price Changed | $410,000 | -2.4% | $385 / Sq Ft |
| 02/27/2026 02/27/26 | For Sale | $420,000 | -- | $395 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $94,900 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $94,504 | FHA |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6990674
APN: 124-37-080
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.