154 W 5TH Street #227, Tempe, AZ, 85281
About This Home
Freshly painted and ideally positioned in the highly sought-after Hayden Square community, this beautiful condo offers the ultimate Downtown Tempe lifestyle. Located just steps from ASU, vibrant Mill Avenue, Tempe Town Lake, dining, shopping, nightlife, and the light rail, the location simply cannot be beat. Hayden Square remains one of the area's most desirable communities thanks to its unbeatable walkability and urban convenience in the heart of Tempe. Unit 227 stands out as one of the larger and more desirable floor plans in the complex. The fresh interior paint gives the home a crisp, move-in-ready feel, while the layout makes it ideal for full-time living, a lock-and-leave second home, or an investment opportunity near campus.
Getting Around
Very Walkable
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1988
Materials
- Roof: Built-Up,Metal
- Construction materials: Stucco,Wood Frame,Painted
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dryer,Washer,Refrigerator,Built-in Microwave,Dishwasher,Disposal,Electric Range
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Granite Counters,Full Bth Master Bdrm
- Flooring: Carpet,Tile
- Number of fireplaces: 1
- Fireplace features: Family Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 1,403
- Total interior livable area: 1,403 sqft
Property
Details
- Parcel number: 13229336
- Attached to another structure: Yes
Features
- Stories: 3
- Exterior features: Balcony
- Spa features: None
- Fencing: None
Lot
- Lot size: 103 sqft
- Features: None
Parking
- Parking features: Assigned,Community Structure
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,528 | $30,336 |
| Home Insurance | $144 | $1,728 |
| Property Taxes | $183 | $2,196 |
| Electricity | $216 | $2,603 |
| Total | $3,071 | $36,852 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-28 | Listed for sale | $565,000 |
| 2026-04-14 | Listing removed | $3,000 |
| 2026-03-01 | Listed for rent | $3,000 |
| 2023-03-18 | Listing removed | -- |
| 2023-02-27 | Listed for rent | $2,700 |
| 2023-02-23 | Listing removed | -- |
| 2023-01-25 | Price change | $2,499 |
| 2023-01-11 | Price change | $2,650 |
| 2022-12-08 | Price change | $2,799 |
| 2022-11-05 | Listed for rent | $2,800 |
| 2021-07-02 | Listing removed | -- |
| 2021-06-06 | Listed for rent | $2,800 |
| 2018-03-15 | Sold | $315,000 |
| 2008-04-15 | Sold | $350,000 |
| 2008-03-18 | Listed for sale | $365,000 |
For Sale by Agent
View on Zillow