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2515 S PALM Drive, Tempe, AZ, 85282

6beds
3baths
2,926sqft
$925,000
$316price/sqft
$5,555/moest. monthly cost
$222,200/yrincome needed

About This Home

No HOA! This beautifully recently updated pool & Casita property comes loaded with premium improvements and exceptional features. Enjoy the peace of mind that comes with all-new sewer lines, a new roof, new energy-efficient windows, new flooring, new interior and exterior paint, new baseboards, new French doors, and remodeled bathrooms throughout. The bright, modern kitchen features new white cabinetry, a large island with granite countertops, stainless steel appliances, and a new microwave. Enjoy the holidays around your refinished wood-burning fireplace in the large living room off the kitchen. Step outside to your private backyard retreat, complete with a large diving pool, artificial grass, and a newly refinished patio--perfect for entertaining or relaxing. The spacious, privately fenced lot offers plenty of room to enjoy Arizona living, and you will appreciate the complete privacy of a huge lot with no homes behind you. Car enthusiasts, hobbyists, or those needing extra workspace will appreciate the air-conditioned 4-car garage. The separate backyard casita-guest house has its own air conditioning and provides flexibility for guests or rental income. The front yard has all-new landscape rock for a low-maintenance yard.

Getting Around

62
WalkingSomewhat Walkable
48
TransitSome Transit
76
BikeVery Bikeable

Schools

9/10
3/10
Connolly Middle SchoolGrades 6-81.6 mi
5/10
Tempe High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1961

Materials

  • Foundation: Slab
  • Roof: Tile
  • Construction materials: Brick Veneer,Wood Frame,Painted,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Refrigerator,Built-in Microwave,Dishwasher,Disposal,Gas Range,Gas Oven
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • High Speed Internet,Granite Counters,Eat-in Kitchen,No Interior Steps,Kitchen Island,3/4 Bath Master Bdrm
  • Window features: Screens,Double Pane Windows,ENERGY STAR Qualified Windows,Vinyl Frame
  • Flooring: Vinyl,Tile
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat Pump,Mini Split,Natural Gas
  • Cooling features: Heat Pump,Central Air,Ceiling Fan(s),Mini Split,Programmable Thmstat

Interior Area

  • Total structure area: 2,926
  • Total interior livable area: 2,926 sqft

Property

Details

  • Parcel number: 13327111

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: Variable Speed Pump,Outdoor Pool,Diving Pool
  • Patio & porch: Covered,Patio
  • Exterior features: Private Yard,Storage,Built-in Barbecue
  • Spa features: None
  • Fencing: Perimeter,Back Yard,Block

Lot

  • Lot size: 0.33 Acres
  • Features: Alley,Desert Back,Desert Front,Gravel/Stone Front,Gravel/Stone Back,Synthetic Grass Back

Parking

  • Total spaces: 8
  • Parking features: Detached Garage,Tandem Garage,Gated,Garage Door Opener,Extended Length Garage,Over Height Garage,Temp Controlled
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

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

MonthlyAnnual
Mortgage $4,677$56,124
Home Insurance $230$2,760
Property Taxes $339$4,068
Electricity $309$3,718
Total$5,555$66,660

Income You'd Need if You Spent...

35% on housing$190,457/yr
40% on housing$166,650/yr
45% on housing$148,133/yr

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.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$316This listing

vs Other Active Listings

Avg $/sqft

ZIP 85282$188
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85282$303
Maricopa County$262

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

DateEventPrice
2026-08-13Price change$900,000
2026-07-26Price change$925,000
2026-07-10Price change$950,000
2026-06-29Listed for sale$975,000
2026-03-14Listing removed$725,000
2026-03-08Listed for sale$725,000
2026-03-08Pending sale$725,000
2026-03-04Listed for sale$725,000
2026-03-01Pending sale$725,000
2026-02-22Listed for sale$725,000
2025-12-04Listing removed$699,750
2025-12-03Pending sale$699,750
2025-11-03Price change$699,750
2025-10-23Listed for sale$758,000
2022-07-09Listing removed--
2022-06-22Listed for rent$3,600
2020-03-02Listing removed$2,695
2020-02-20Price change$2,695
2020-02-01Price change$2,795
2019-11-09Price change$3,195
2019-10-24Price change$3,395
2019-10-11Listed for rent$3,495
2017-06-12Sold$470,000
2017-01-19Price change$499,900
2016-12-11Listed for sale$525,000
2012-08-15Sold$360,000

For Sale by Agent

AgentDeborah Lago
BrokerageFort Lowell Realty & Property Management

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