OFF MARKET

Off Market May 2016 for $406K

$740,074

Est. refi paymentEst. refi $2,534/mo

•

2 ba

•

1,890

sq ft

5531 S Compass Rd, Tempe, AZ 85283

About this home

Outstanding Waterfront Home! Welcome to the The Lakes in Tempe. Stunning chefs kitchen features center island, granite counters, breakfast bar, SS appliances, upgraded lighting, and wood cabinetry with stylish hardware. Architecturally & Aesthetically Beautiful Home, pleasing to the eye. Wonderful slate tile floors with bamboo floors in 2nd bedroom, ceiling fans, large Arcadia Doors to patio, recessed lighting, Upscale bathrooms with designer tile, fixtures, and lighting. The windows t/o bring the outside in all the perfect places! Enjoy the resort style backyard with refreshing pool, covered flagstone patio, lush green landscape, and built-in BBQ/kitchenette. Colorful foliage along the waters edge! Private dock and sparkling water! Incredible Views and endless blue skies.

Single-familyProperty Type

1973Year Built

8,564 sq ftLot Size

$392Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Sharon L. Hill Elsner • AZ Brokerage Holdings, LLC

Bought with Janice Nowell • HomeSmart

Redfin checked: 2 minutes ago

•Source:ARMLS #5436197

Redfin Estimate

$740,074

$334K since sold in May 2016$13K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.4% higher than the average sale price ($636K) of 6 comparable homes.

SOLD AUG 11, 2026
$455,000
A
3 beds2 baths1,652 sq ft
1139 E Watson Dr, Tempe, AZ 85283
SOLD AUG 12, 2026
$565,000
B
4 beds2 baths1,968 sq ft
5919 S Jentilly Ln, Tempe, AZ 85283
SOLD JUL 15, 2026
$650,000
C
3 beds2 baths1,952 sq ft
965 E Lamplighter Ln, Tempe, AZ 85283
SOLD JUN 5, 2026
$625,000
D
4 beds2 baths2,087 sq ft
1146 E Magdalena Dr, Tempe, AZ 85283
SOLD APR 15, 2026
$670,000
E
4 beds2 baths2,134 sq ft
1003 E Watson Dr, Tempe, AZ 85283
SOLD APR 3, 2026
$850,000
F
4 beds2 baths2,134 sq ft
1023 E Watson Dr, Tempe, AZ 85283

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Earn from this home

Sell

$442,509

Est. take-home

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Refinance

Est. cash available

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Rent

$2,676/mo

Redfin rental estimate

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Market trends in 85283, AZ

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.9%

+0.2% MoM

Median sale price

$460K

$20K MoM

Avg. days on market

50d

1 days MoM

Recently sold homes

114

3 MoM

New listings for sale

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$545,000
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OPEN FRI, 12PM TO 4PM
$400,000
3 beds2 baths1,732 sq ft
642 W Magdalena Dr, Tempe, AZ 85283
OPEN SAT, 8AM TO 10AM
$375,000
2 beds2 baths1,426 sq ft
5323 S Mitchell Dr, Tempe, AZ 85283
$829,000
4 beds3 baths2,769 sq ft
1979 E Chilton Dr, Tempe, AZ 85283
$649,900
4 beds2 baths2,119 sq ft
2060 E Libra Dr, Tempe, AZ 85283
$485,000
3 beds2 baths1,861 sq ft
407 E Julie Dr, Tempe, AZ 85283
$360,000
3 beds2 baths1,200 sq ft
5631 S Bounty Ct Unit B, Tempe, AZ 85283
$529,000
3 beds2 baths1,416 sq ft
1518 E Northshore Dr, Tempe, AZ 85283
$680,000
4 beds2.5 baths2,905 sq ft
1621 E Northshore Dr, Tempe, AZ 85283
$1,095,000
5 beds3.5 baths4,154 sq ft
7496 S Hazelton Ln, Tempe, AZ 85283
See all

Provided by Redfin

Sale history for 5531 S Compass Rd

Date

Event

Price

ARMLS #5436197

May 17, 2016

Sold

$406,000

$215/sq ft

May 14, 2016

Pending

—

May 2, 2016

Contingent

—

Apr 30, 2016

Listed

$400,000

$212/sq ft

ARMLS #4426323

Oct 29, 2010

Sold

$260,000

$138/sq ft

Sep 30, 2010

Pending

—

Sep 30, 2010

Relisted

—

Jul 17, 2010

Listed

$249,000

$132/sq ft

Jul 17, 2010

Listing Removed

—

* Short Sale * This is a gorgeous fully remodeled home ready to be sold. Home was gutted and re-built in 2008 and 2009. Amazing huge glass doors in front and back. Nice privacy door and gate off the driveway which leads to private front courtyard perfect for relaxing if you wish. Rest of home is great for entertaining, especially pool, outside kitchen it seems has BBQ, counter tops, refrigerator and window and ledge to pass through dishes to inside of house!

Public Records

Aug 11, 1993

Sold

$160,000

$85/sq ft

Public Records

Sep 23, 1992

Sold

$126,900

$67/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$4,117 (+8.0%)

2024

$3,812 (+1.2%)

2023

$3,765 (+4.7%)

2022

$3,596 (−1.9%)

$7,560 + $30,240

$37,800

2021

$3,666 (+3.4%)

$7,100 + $28,410

$35,510

2020

$3,545 (+2.0%)

$6,810 + $27,270

$34,080

2019

$3,477 (+2.8%)

$6,920 + $27,690

$34,610

2018

$3,383 (+3.2%)

$6,920 + $27,690

$34,610

2017

$3,278 (+0.5%)

$6,600 + $26,420

$33,020

2016

$3,261 (+3.4%)

$6,780 + $27,120

$33,900

2015

$3,155 (−4.2%)

$6,240 + $24,970

$31,210

2014

$3,294 (+16.8%)

$5,430 + $21,730

$27,160

2013

$2,821 (+2.3%)

$4,180 + $16,740

$20,920

2012

$2,756

$4,490 + $17,970

$22,460

2011

$2,759 (+13.1%)

$5,300 + $21,220

$26,520

2010

$2,438 (−6.1%)

$5,650 + $22,600

$28,250

2009

$2,597

$5,300 + $21,220

$26,520

Tax history for 5531 S Compass Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,117 (+8.0%)

2024

$3,812 (+1.2%)

2023

$3,765 (+4.7%)

2022

$3,596 (−1.9%)

$7,560 + $30,240

$37,800

2021

$3,666 (+3.4%)

$7,100 + $28,410

$35,510

2020

$3,545 (+2.0%)

$6,810 + $27,270

$34,080

2019

$3,477 (+2.8%)

$6,920 + $27,690

$34,610

2018

$3,383 (+3.2%)

$6,920 + $27,690

$34,610

2017

$3,278 (+0.5%)

$6,600 + $26,420

$33,020

2016

$3,261 (+3.4%)

$6,780 + $27,120

$33,900

2015

$3,155 (−4.2%)

$6,240 + $24,970

$31,210

2014

$3,294 (+16.8%)

$5,430 + $21,730

$27,160

2013

$2,821 (+2.3%)

$4,180 + $16,740

$20,920

2012

$2,756

$4,490 + $17,970

$22,460

2011

$2,759 (+13.1%)

$5,300 + $21,220

$26,520

2010

$2,438 (−6.1%)

$5,650 + $22,600

$28,250

2009

$2,597

$5,300 + $21,220

$26,520

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,564 Sq. Ft.

Year renovated

—

Sq. Ft.

1,890

Year built

1973

Style

Single Family Residential

County

Maricopa County

APN

30102649

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 7, 2026.

R1-6

Single-Family Residential District

The residential districts are designed to provide neighborhoods with a range of housing densities. The differences in these housing densities and regulations are intended to support the varying lifestyles of the city's residents. The districts provide for a range of residential habitation including rural-agricultural, single-family, multi-family, mobile home, and combinations thereof, together with home occupations, schools, parks, and public services necessary for neighborhood living.

Permitted uses

Include but are not limited to:

Religious facility
Office-Other
Educational/school
Park & open space

Property details

Parking

Parking Information
Open Parking Spaces: 2
Covered Spaces: 2
Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets

Garage Information
Garage Spaces: 2

Interior

Kitchen Information
Built-in Microwave: Yes
Kitchen Island: Yes
Non-laminate Counter: Yes
Range Oven Electric: Yes
Pantry: Yes

Bathroom Information
Bathrooms (Total Decimal): 2
Bathrooms (Total Integer): 2

Bedroom Information
Bedrooms (Possible): 4

Heating & Cooling
Has Heating
Cooling: Central Air, Ceiling Fan(s)
Has Cooling
Heating: Electric, Natural Gas

Interior Features
Interior Features: High Speed Internet, Granite Counters, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
Window Features: Solar Screens
Green Water Conservation: Tankless Ht Wtr Heat
Fireplace Features: None
Flooring: Tile, Wood
LaundryFeatures: Wshr/Dry HookUp Only

Exterior

Pool Information
Private Pool
Pool Features: Play Pool

Exterior Features
Construction Materials: Stucco, Wood Frame, Painted, Block
Exterior Features: Playground, Built-in Barbecue
Fencing: Block, None
Roof: Tile

Property Information
Ownership: Fee Simple
Property Sub Type: Single Family Residence

Lot Information
Lot Size Area: 8,564
Lot Size Source: Assessor
Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Gravel/Stone Front, Grass Back
Has Water front

Building Information
Building Area Source: Assessor

Financial

Tax Information
Tax Annual Amount: $3,155
Tax Year: 2015

Location

HOA Information
Assoc Rules Info:No Visible Truck Trailer RV Boat: Yes
Has Association
Association Fee: $290
Association Fee Frequency: Quarterly
Association Fee Includes: Maintenance Grounds, Other (See Remarks)

School Information
Middle Or Junior School: Fees College Preparatory Middle School
High School: Marcos De Niza High School
High School District: Tempe Union High School District
Elementary School: Rover Elementary School
Elementary School District: Tempe Elementary School District

Location Information
Directions: South on Rural from Baseline to first light, Southshore, Immediate left on to Westshore to 2nd right, Lobstertrap to Compass, Curve left home is at the curve.

Community Information
Security System Owned
Community Features: Lake, Community Spa, Community Spa Htd, Tennis Court(s)

Utility Information
Sewer: Public Sewer

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 1,890
Stories: 1.0
Lot Size: 8,564 square feet
Style: Single Family Residential
Year Built: 1973
Year Renovated: —
County: Maricopa County
APN: 30102649

Home facts updated by county records on Jul 7, 2026

Other

Listing Information
Water Source: City Water

Around this home

Schools
Places
Transit

Rover Elementary School

Public PreK-8 • Assigned • 0.5mi

9/10

Marcos De Niza High School

Public 9-12 • Assigned • 0.6mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

9/10 Heat Factor

5 days above 111° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Tempe, AZ • 85283

Average low and high temperatures (°F)

106

108

103

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 13.5 hours in June and 7.7 hours in December, placing it above the U.S. average for solar exposure.

13.5 hrs

7.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$704,000 – $852,000

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Nearby similar homes

FOR SALE BY OWNER

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1914 E Auburn Dr, Tempe, AZ 85283

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New listings for sale in 85283

FOR SALE BY OWNER

$545,000

3 beds2 baths1,640 sq ft

1607 E La Donna Ln, Tempe, AZ 85283

OPEN FRI, 12PM TO 4PM

$400,000

3 beds2 baths1,732 sq ft

642 W Magdalena Dr, Tempe, AZ 85283

OPEN SAT, 8AM TO 10AM

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Home values near 5531 S Compass Rd

Data from public records.

Address	Redfin Estimate
5523 South Compass Rd, Tempe, AZ 4 Beds \| 3 Baths \| 2953 Sq. Ft.	$906,278
5535 South Compass Rd, Tempe, AZ 5 Beds \| 3 Baths \| 3620 Sq. Ft.	$1,276,638

Address	Redfin Estimate
5519 South Compass Rd, Tempe, AZ - Beds \| 6 Baths \| 4514 Sq. Ft.	$1,556,511
5527 South Compass Rd, Tempe, AZ 4 Beds \| 2.5 Baths \| 1872 Sq. Ft.	$815,628

Address	Redfin Estimate
5437 South Compass Rd, Tempe, AZ - Beds \| 4 Baths \| 2832 Sq. Ft.	$962,513
5513 South Compass Rd, Tempe, AZ - Beds \| 5 Baths \| 4944 Sq. Ft.	$1,766,958

Property information provided by ARMLS when last listed in 2016. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 85283, AZ

Sale history for 5531 S Compass Rd

Tax history for 5531 S Compass Rd

Public record

Property details

Around this home

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 85283

Home values near 5531 S Compass Rd

More real estate resources