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

1040 E Derby Dr
Tempe, AZ 85284

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

$795,600

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $4,441/mo*
Refinance Your Home

$795,600

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $4,441/mo*
Refinance Your Home
3 Beds
2 Baths
2,831 sqft
(on 0.26 acres)

Home Value

Trulia Estimate
$796K
Since last month
Decreased$12K (-1.4%)
Since last year
Decreased$11K (-1.4%)
Since last sale
Increased$76K (+10.6%)
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 +53% in the last 10 years
MonthEstimated value
2026
August 2026$796K
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
1156 E VINEDO Lane, Tempe, AZ
0.10
Single-Family Home
$600,000
09/25/25
4
2
2,089
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
930 E CITATION Lane, Tempe, AZ
0.25
Single-Family Home
$615,000
10/03/25
3
2
2,138
7833 S KENNETH Place, Tempe, AZ
0.22
Single-Family Home
$553,955
08/21/25
3
2
1,908
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

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
7833 S TERRACE Road, Tempe, AZ 85284
0.07
$700,000
4
2
2,184
Recently Sold
1129 E KNIGHT Lane, Tempe, AZ 85284
0.11
$700,000
4
2.5
2,696
Recently Sold
1156 E VINEDO Lane, Tempe, AZ 85284
0.10
$597,500
4
2
2,089
Off Market
1145 E LOUIS Way, Tempe, AZ 85284
0.09
$838,100
4
2
2,812
Off Market
1155 E LOUIS Way, Tempe, AZ 85284
0.10
$726,200
4
2
2,089
Off Market
1205 E VINEDO Lane, Tempe, AZ 85284
0.14
$735,900
4
3
2,002
Off Market
1014 E KNIGHT Lane, Tempe, AZ 85284
0.12
$704,300
3
2
2,040
Off Market
1072 E LOUIS Way, Tempe, AZ 85284
0.09
$368,500
2
3
1,405
Off Market
1163 E KNIGHT Lane, Tempe, AZ 85284
0.16
$810,300
4
3
3,200
Off Market
1030 E LOUIS Way, Tempe, AZ 85284
0.09
$402,000
2
2.5
1,405
Off Market
1060 E Louis Way, Tempe, AZ 85284
0.09
$415,000
2
2.5
1,597
Recently Sold
1054 E LOUIS Way, Tempe, AZ 85284
0.10
$350,000
2
2
927
Off Market

Local Information

  • Map ViewExplore the area around 1040 E Derby Dr.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1986
Lot Size
0.26 acres
Living Area
2,831 sqft
Price/Sqft
$281
Parking
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. It is currently off market. The Trulia Estimate is $795,600, with a rent estimate of $3,064/month.

Home Details for 1040 E Derby Dr

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: RefrigeratorHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet
Interior Details
Number of Rooms: 8Types of Rooms: Dining RoomWet BarCeiling Fan
Appliances & Utilities
DishwasherMicrowaveRefrigerator
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 July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$1.67KMoM
Sale-to-List Price
98.3%
0.1%MoM
Price per sq ft
$289
$3MoM
Available listings
571
21MoM
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Around this home

Neighborhood Overview

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

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 1040 E Derby Dr

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Off Market Homes Near 1040 E Derby Dr

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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 $795,600.
  • 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 balanced market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $463K. That is down $1.67K 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).