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Tempe 85281
628 E PAPAGO Drive
Photo of 628 E PAPAGO Drive
Sold on May 7, 2026

33

Map

Photo of 628 E PAPAGO Drive
Photo of 628 E PAPAGO Drive
$517,500
● House - Off Market

628 E PAPAGO Drive

Tempe, AZ 85288
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,349 Ft²
$2,711
Est. Monthly

About This Property

This beautiful 3-bedroom home awaits you in Papago Manor! Discover all the charm of the interior, featuring lvp flooring, recessed lighting, and neutral tones throughout, all set in an inviting layout perfect for entertaining. The pristine kitchen boasts new white oak cabinets, pendant lamps, spacious cabinetry, tile backsplash, quartz countertops, and an island with a breakfast bar.  Enjoy the convenience of a spacious laundry room with attached cabinetry and counter space. Home has new fans, fixtures, and windows too! Roof was redone in 2021 and AC unit is an American Standard.
Unit Size
1,349 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$393
Property Type
House
Property Taxes
$108
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 9 days ago (ARMLS #7008401)

Price History

Date / Event Date Event Price
May 7, 2026 Sold
Premium
Sold
Apr 3, 2026 Listed by Presidential Realty, LLC $529,999
Listed by Presidential Realty, LLC
Feb 17, 2026 Price Decreased $535,000
↓ $5K (0.9%)
Price Decreased
Jan 6, 2026 Relisted $540,000
Relisted
Dec 29, 2025 In contract -
In contract
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 4
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 38
  • Porch Type: 29
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,769
  • Total Building Area: 1,349
  • Gross Building Area: 1,349
  • Building Area: 1,349
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,349
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PAPAGO MANOR SUBDIVISION
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: PAPAGO MANOR SUBDIVISION MCR 94/13

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 318501

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 9413
  • Parcel: 129-17-023-A
  • Lot: 73
  • Meridian: SEC 3 TWN 1N RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.4536
  • Longitude: -111.929

    Address

  • Full Address: 628 E Papago Dr
  • Address - House Number: 628
  • Street Direction: E
  • Address - Street Name: Papago
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C028
  • 4-Digit Zip Code: 1147
  • Zip Code: 85288

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $120,268
  • Tax Rate Code Area: 481600

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 471,915
  • High Value: 535,782
  • Low Value: 408,048

    Market Valuation

  • Market Total Value: $328,000
  • Market Land Value: $65,600
  • Market Improvement Value: $262,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,800
  • Assessed Land Value: $6,560
  • Assessed Improvements Value: $26,240
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tempe

Stats & Trends

Median Asking:

$479,796

Sale Price/ft²

$301

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1603 ft²

Average Home Age

44.7 years

Currently For Sale

513 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7313 E Oak Street, Scottsdale, AZ, 85257

$5,995 /mo

  • 3 Beds
  • 2 Baths
  • 1,378 ft²
7313 E Oak Street, Scottsdale, AZ, 85257 Listing by Scott Graden
Unit for rent at 7313 E Roosevelt Street, Scottsdale, AZ, 85257

$6,800 /mo

  • 3 Beds
  • 4 Baths
  • 2,118 ft²
7313 E Roosevelt Street, Scottsdale, AZ, 85257 Listing by Christopher Siedentop
Unit for rent at 1036 E Susan Lane, Tempe, AZ, 85288

$9,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,638 ft²
1036 E Susan Lane, Tempe, AZ, 85288 Listing by Aaron Benson

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Ted Yeager, Presidential Realty, LLC
Last Updated: 9 days ago
Data Source: ARMLS, MLS# 7008401
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 628 East Papago Drive built and last sold?
The property at 628 East Papago Drive was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 628 East Papago Drive is $529,560.
What are some comparable homes to 628 East Papago Drive?
There are currently no comparable homes to 628 East Papago Drive.
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