$252,300
Tax assessed value
1540 E Drake Dr, Tempe, AZ 85283
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
1.67 | Lot/Land | $1,700,000 | 12/17/25 | - | - | ||
2.24 | Lot/Land | $746,520 | 09/02/25 | - | - | ||
3.16 | Lot/Land | $420,000 | 07/24/26 | - | - | ||
3.16 | Lot/Land | $420,000 | 07/24/26 | - | - | ||
3.53 | Lot/Land | $1,155,000 | 08/03/26 | - | - | ||
3.53 | Lot/Land | $1,155,000 | 08/03/26 | - | - | ||
3.23 | Lot/Land | $90,000 | 06/10/26 | - | - | ||
3.23 | Lot/Land | $90,000 | 06/03/26 | - | - | ||
3.80 | Lot/Land | $14,500 | 05/04/26 | - | - | ||
4.20 | Lot/Land | $870,000 | 09/16/25 | - | - |
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 |
|---|---|---|---|---|---|---|
0.05 | $625,000 | 3 | 2 | 1,560 | For Sale | |
0.03 | $444,800 | 3 | 2 | 1,068 | Off Market | |
0.07 | $560,000 | 3 | 2 | 1,560 | Recently Sold | |
0.08 | $525,500 | 3 | 2 | 1,316 | Off Market | |
0.10 | - | 3 | 2 | 1,068 | Off Market | |
0.10 | $595,000 | 3 | 3 | 2,315 | Recently Sold | |
0.13 | - | 4 | 2 | 1,248 | Off Market | |
0.12 | $408,200 | 2 | 2 | 1,064 | Off Market | |
0.14 | $411,700 | 2 | 2 | 1,257 | Off Market | |
0.15 | $370,400 | 2 | 1 | 1,004 | Off Market | |
0.16 | $375,000 | 2 | 1 | 1,004 | For Sale | |
0.17 | $411,700 | 2 | 2 | 1,064 | Off Market |
Local Information
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Home Highlights
Property Type
Lot/Land
Lot Size
0.47 acres
About this House
This lot/land is located at 1540 E Drake Dr, Tempe, AZ. 1540 E Drake Dr is in the Dava-Lakeshore neighborhood in Tempe, AZ and in ZIP code 85283. This property has a lot size of 0.47 acres.
1540 E Drake Dr, Tempe, AZ 85283 is a lot/land in Dava-Lakeshore. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,831/month.
Home Details for 1540 E Drake Dr
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Property Type / Style Property Type: Lot Land |
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Lot Area: 0.47 acres |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2023 | $3,204 | $252,300 |
Home facts updated by county records
Market trends in Tempe
Last updated July 2026
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
Around this home
What Locals Say about Dava-Lakeshore
At least 7 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say it's dog friendly
94 % Say streets are well-lit
93 % Say there are sidewalks
88 % Say it's quiet
80 % Say there's holiday spirit
80 % Say yards are well-kept
75 % Say it's walkable to restaurants
75 % Say people would walk alone at night
73 % Say car is needed
70 % Say it's walkable to grocery stores
62 % Say neighbors are friendly
60 % Say kids play outside
44 % Say they plan to stay for at least 5 years
36 % Say there are community events
29 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1540 E Drake Dr
- 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.
- What do residents say about the Dava-Lakeshore neighborhood?Residents describe the Dava-Lakeshore neighborhood in Tempe, AZ as easy to park in, dog-friendly, and pedestrian-friendly. See recently sold homes in Dava-Lakeshore, Tempe.
- What are the closest schools to 1540 E Drake Dr?The closest schools to 1540 E Drake Dr in Tempe, AZ are Kyrene de los Ninos School (Pre-K/Elementary, rated 7/10), Kyrene Del Norte School (Pre-K/Elementary, rated 9/10), Kyrene Middle School (Elementary, rated 4/10).