1040 E Derby Dr, Tempe, AZ 85284
Property image
Property image
OFF MARKET

$792,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,831 sqft (on 0.26 acres)

1040 E Derby Dr, Tempe, AZ 85284

Sandahl
Est. Refi. Payment $4,745/mo*
Refinance Your Home
Currently Off Market - Sold Jul 16, 2021 for $720,000

Home Value

Trulia Estimate
$793K
Since last month
Increased$2K (+0.3%)
Since last year
Decreased$8K (-1%)
Since last sale
Increased$71K (+9.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +50% in the last 10 years
MonthEstimated value
2026
October 2026$791K
September 2026$798K
August 2026$789K
July 2026$805K
June 2026$808K
May 2026$805K
April 2026$819K
March 2026$817K
February 2026$812K
January 2026$800K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7833 S TERRACE Road, Tempe, AZ
0.07
Single-Family Home
$700,000
02/12/26
4
2
2,184
938 E KNIGHT Lane, Tempe, AZ
0.15
Single-Family Home
$645,000
07/29/26
3
2
2,409
929 E VERDE Lane, Tempe, AZ
0.15
Single-Family Home
$675,000
05/15/26
4
2
2,138
1129 E KNIGHT Lane, Tempe, AZ
0.11
Single-Family Home
$700,000
02/26/26
4
2.5
2,696
935 E CITATION Lane, Tempe, AZ
0.27
Single-Family Home
$680,000
12/19/25
3
2
2,138
911 E SECRETARIAT Drive, Tempe, AZ
0.25
Single-Family Home
$685,000
08/31/26
4
2
2,765
1007 E SECRETARIAT Drive, Tempe, AZ
0.21
Single-Family Home
$640,000
01/20/26
4
2
2,183
934 E VERDE Lane, Tempe, AZ
0.14
Single-Family Home
$800,000
04/23/26
5
3
2,991
929 E DERBY Drive, Tempe, AZ
0.13
Single-Family Home
$964,500
07/16/26
4
2.5
3,223
1151 E SUNBURST Lane, Tempe, AZ
0.18
Single-Family Home
$900,000
10/17/25
4
2.5
2,621

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1032 E Derby Dr, Tempe, AZ 85284
0.02
$633,400
3
2
2,179
Off Market
1049 E Vinedo Ln, Tempe, AZ 85284
0.02
$754,500
Studio
4
2,636
Off Market
1045 E Vinedo Ln, Tempe, AZ 85284
0.03
$830,000
4
3
2,643
Off Market
1043 E Derby Dr, Tempe, AZ 85284
0.03
$885,200
4
3
2,794
Off Market
1135 E Vinedo Ln, Tempe, AZ 85284
0.03
$651,900
Studio
2
2,200
Off Market
1024 E Derby Dr, Tempe, AZ 85284
0.03
$702,900
Studio
3
2,777
Off Market
1031 E Derby Dr, Tempe, AZ 85284
0.04
$742,200
3
2
2,010
Off Market
7817 S Terrace Rd, Tempe, AZ 85284
0.04
$727,500
Studio
3
2,394
Off Market
1037 E Vinedo Ln, Tempe, AZ 85284
0.04
$858,000
4
2.5
2,636
Off Market
1023 E DERBY Drive, Tempe, AZ 85284
0.05
$685,000
4
3
2,694
For Sale
1016 E Derby Dr, Tempe, AZ 85284
0.05
$788,900
Studio
3
2,529
Off Market
7825 S Terrace Rd, Tempe, AZ 85284
0.05
$724,000
Studio
3
2,394
Off Market
1141 E Vinedo Ln, Tempe, AZ 85284
0.05
$710,100
Studio
4
2,462
Off Market
1046 E Verde Ln, Tempe, AZ 85284
0.05
$767,500
4
3
2,708
Off Market
1029 E Vinedo Ln, Tempe, AZ 85284
0.05
$810,600
5
3
2,736
Off Market
1052 E Vinedo Ln, Tempe, AZ 85284
0.05
$777,700
Studio
4
2,643
Off Market
1034 E Verde Ln, Tempe, AZ 85284
0.06
$702,100
Studio
3
2,381
Off Market
1048 E Vinedo Ln, Tempe, AZ 85284
0.06
$819,000
4
3
2,678
Off Market
1040 E Vinedo Ln, Tempe, AZ 85284
0.06
$818,300
Studio
4
2,853
Off Market
1134 E Vinedo Ln, Tempe, AZ 85284
0.06
$685,200
Studio
2
2,089
Off Market

Local Information

  • Map ViewExplore the area around 1040 E Derby Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1986
0.26 acre lot
2,831 sqft
$280/sqft
Garage

About this House

Beautifully upgraded custom home in neighborhood with no HOA! 3-bedrooms + large office/den, formal dining, great room & eat in kitchen. This amazing custom home is sure to impress the pickiest buyer! No expenses were spared in upgrades to make this beauty stunning! Gourmet kitchen has premium cabinets, 42" fridge, 6 burner gas cooktop, wine fridge, granite thru-out kitchen, bathrooms & laundry room. Entertainers will love the wet bar with granite countertop & beverage fridge. Master bedroom leads to a full bath, dual sinks, separate shower/tub. Wooden plantation shutters & custom drapes. Backyard has a large covered patio, spa & speakers. Side entry 3-car garage built-in cabinets & epoxy flooring. New roof 2014, outside paint & carpeting 2015. See Document tab.
1040 E Derby Dr, Tempe, AZ 85284 is a 3 bedroom, 2 bathroom, 2,831 sqft single-family home in Sandahl, built in 1986. It last sold for $720,000 on Jul 16, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $792,700, with a rent estimate of $2,921/month.

Home Details for 1040 E Derby Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet
Interior Details
Number of Rooms: 8Types of Rooms: Dining RoomWet BarCeiling Fan
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Heating & Cooling
Air ConditioningCooling System: Refrigerator
Fireplace & Spa
FireplaceHot Tub or Spa

Exterior Features

Exterior Home Features
Roof: Built Up, Other, TileExterior: WoodPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1986
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.26 acres

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
Jul 16, 2021
Source: ARMLS #6245807
Sold
$720,000
Jun 17, 2021
Source: ARMLS #6245807
Pending
$695,000
Jun 15, 2021
Source: ARMLS #6245807
PendingToActive
$695,000
Jun 14, 2021
Source: ARMLS #6245807
Pending
$695,000
Jun 11, 2021
Source: ARMLS #6245807
Listed For Sale
$695,000

Market trends in Tempe

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$452K
$9.17KMoM
Sale-to-List Price
98.2%
0.1%MoM
Price per sq ft
$289
$1MoM
Available listings
587
7MoM
Sourced by Trulia Market Trends

Around this home

Neighborhood Overview

Sandahl
See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Frequently asked questions about 1040 E Derby Dr

  • What is 1040 E Derby Dr estimated to be worth?
    Trulia's estimated value for 1040 E Derby Dr in Tempe, AZ is $792,700.
  • What is the price history for 1040 E Derby Dr?
    1040 E Derby Dr in Tempe, AZ last sold for $720,000 in July 2021.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $452K. That is down $9.17K from the prior month.
  • Does 1040 E Derby Dr have air conditioning?
    Yes, 1040 E Derby Dr in Tempe, AZ has air conditioning.
  • How big is the lot at 1040 E Derby Dr?
    The lot at 1040 E Derby Dr in Tempe, AZ is about 0.26 acres (11,435 sq ft).

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