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Sold on 08/20/2021
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720 w 5th St, Tempe, AZ 85281

$518,000

Last sold 08/20/2021 for $3.67M

  • —

    bed

  • —

    bath

  • 1,276

    Sqft ($2,880/Sqft)

Condo/Townhouse not for sale
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About 720 w 5th St

Property type Condo/Townhouse
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 6,262 Sqft
Movoto estimate
Rental estimate
Property description
This condominium is located at 720 w 5th St, Tempe, AZ, 85281, in the Downtown Tempe - Rio Salado neighborhood in Maricopa County and was built in 1963. The unit offers 1,276 square feet of living space on a 6,262 sq ft lot. The estimated market value is $518,000, approximately $406 per square foot.
$518K
Range: $445K-$590K
Last 30 days 
Rental est.: $867/month
Gross rent multiplier: 353.2
  • — Off Market
    —
  • Aug 2021
    Public Records
  • Aug 20, 2021 Sold
    $3,675,000 (+23.5%)
  • Jun 2020
    Public Records
  • Jun 30, 2020 Sold
    $2,975,000 (+70.0%)
  • May 2017
    Public Records
  • May 31, 2017 Sold
    $1,750,000
  • Year Property taxes Tax assessment
  • 2024
    $1,429 +1.2%
    $61,590 -8.13%
  • 2023
    $1,412 +4.3%
    $67,040 +28.28%
  • 2022
    $1,354 -0.7%
    $52,260 +32.4%
  • 2021
    $1,363 +3.1%
    $39,470 -5.84%
  • 2020
    $1,322
    $41,920
  • 720 w 5th St
    $3.67M
  • Downtown Tempe - Rio Salado
    $461K -7% y/y
  • 85281
    $429K -10% y/y
  • Tempe
    $490K -1% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
724 W 5th St, Tempe, AZ 85281 $539,000 —/— 1,856 0.01
411 S Mitchell Dr, Tempe, AZ 85281 $1,115,000 —/— 4,000 0.07
404 S Mckemy St #1, Tempe, AZ 85281 $3,426,400 —/— 2,080 0.08
438 S Roosevelt St #8, Tempe, AZ 85281 $557,000 —/— — 0.08
442 S Roosevelt St #7, Tempe, AZ 85281 $549,000 —/— — 0.08
434 S Roosevelt St #9, Tempe, AZ 85281 $557,000 —/— — 0.08
406 S Roosevelt St, Tempe, AZ 85281 $1,109,000 —/— 960 0.09
805 W Brown St, Tempe, AZ 85281 $729,000 —/— 1,936 0.09

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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3/10
Scales Technology Academy
public Grades PK, K-5
Tempe School District
2/10
Geneva Epps Mosley Middle School
public Grades 6-8
Tempe School District
4/10
Tempe High School
public Grades 9-12
Tempe Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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