1540 E  Drake Dr, Tempe, AZ 85283
OFF MARKET

$252,300

Tax assessed value

    1540 E Drake Dr, Tempe, AZ 85283

    Dava-Lakeshore

    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

    • Map ViewExplore the area around 1540 E Drake Dr.
    • Schools2 Preschool Schools3 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    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

    Property Information

    Property Type / Style
    Property Type: Lot Land

    Lot Information

    Lot Area: 0.47 acres

    Price and Tax history

    YearProperty taxTax assessment
    2023
    $3,204
    $252,300
    Home facts updated by county records

    Market trends in Tempe

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $463K
    $1.67K
    MoM
    Sale-to-List Price
    98.3%
    0.1%
    MoM
    Price per sq ft
    $289
    $3
    MoM
    Available listings
    571
    21
    MoM

    Neighborhood Overview

    Neighborhood stats provided by third party data sources.

    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.
    • Trulia User
      "convenient freeway access, traffic is totally manageable outside of Rush hour, overall I'm in love with the area"
    • Lee A. T.
      "Corbell Park is full of people having fun, walking their dogs, and playing soccer. I have lived here for 25 years, and the neighborhood is lovely and safe. People are always looking for unique ways to improve their properties. I love it here."

    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).

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    Apartments for Rent

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    Off Market Homes Near 1540 E Drake Dr

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