The 2,378-square-foot house was built in 1977.
Mr. Drinkwater has been the owner of Mastro's City Hall Steakhouse and Drinkwater's City Hall Steakhouse, both located in Scottsdale.
His father, Herb Drinkwater, served as mayor of Scottsdale.
There were 1,261 home sales in Tempe in 2008, with a median price of $228,000.
Address: 102 East Loma Vista Drive
Buyer(s): Bradley G Berryman
Seller(s): Mark R Drinkwater
Sale date: Dec. 23, 2008