Back 4506 South Alder Drive
Off Market

4506 South Alder Drive

Tempe AZ 85282

4
2
2
2184 sq. ft.
8965 sq. ft.
Single-Family
Last sold for $650,000
Royce MunroeRoyce Munroe, last sold this property on 19 February 2026 after 75 days on market.

Overview

Beautifully updated single-level Tempe home offering flexible living spaces and an inviting indoor-outdoor lifestyle. The open-concept kitchen anchors the home with generous cabinetry, a large island, and seamless flow into the main living areas—ideal for both everyday living and entertaining. A spacious bonus room overlooks the backyard and pool, providing a versatile space for a playroom, home office, or secondary living area. The private primary suite features backyard and pool views, built-in cabinetry with a media niche, a walk-in closet, and a well-appointed bath. Three additional bedrooms are served by an updated hall bath. Step outside to enjoy a covered patio, sparkling pool, grassy play area, and RV parking with a 12' gate. Additional highlights include a large laundry room with built-in cabinetry and utility sink, modern finishes throughout, and a functional layout designed for today's lifestyle. Excellent location near ASU, shopping, and freeways  priced for strong value in today's market.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
2 garage spaces
2184 sq. ft. floor area
8965 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Tempe over the last 12 months, the estimated median property value of 4506 South Alder Drive is $540k.

Median value
$540k
Estimated value range
$1 - $1.45m
Median days on market
48
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Tempe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4506 South Alder Drive

2026
Sold
$650,000
19 Feb 2026 by Royce Munroe, of Munroe Multifamily
2025
Sold
$467,500
16 Sep 2025 by Jeff Reed, of Main Street Group

Happy sellers in Tempe

87%
87% of sellers in Tempe reported that their sale price either exceeded or met their price expectations.

Tempe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Tempe over the last 12 months.

Local market activity for 4 bedroom single-family properties in Tempe

In the last 12 months, 103 four-bedroom single-family properties similar to 4506 South Alder Drive, have been sold.

This represents a 25% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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