1601 E Penny Dr, Tempe, AZ 85282
Front living room, new hard floors
Bedroom 1, new carpet
OFF MARKET

$521,800

Trulia Estimate
as of Oct 19, 2026
  • 3 Beds
  • 2 Baths
  • 1,950 sqft

1601 E Penny Dr, Tempe, AZ 85282

Meyer Park

Home Highlights

Single-Family Home
Built in 1968
1,950 sqft
$268/sqft
Attached Garage

Local Information

  • Map ViewExplore the area around 1601 E Penny Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:New bedroom carpetNew counter tops
Beautiful and spacious home situated at McClintock and Southern in the middle of North/Central Tempe. Near ASU, with easy access to both the 101 and the 60.

Many recent improvements include: new counter tops, new bedroom carpet, new hard flooring in living area, and a fresh coat of interior paint.
Please schedule a tour to see this beautiful property for yourself!

* $50 application fee (for background & credit check)
* $2,900 security deposit
* NO smoking/pets/subletting
* Owner pays for Pool Service. Tenant maintains landscaping & Tenant pays for all utilities.
* Minimum 12 month lease
* All adults must pass background check and be a signatory to the lease
1601 E Penny Dr, Tempe, AZ 85282 is a 3 bedroom, 2 bathroom, 1,950 sqft single-family home in Meyer Park, built in 1968. It last sold for $157,500 on Aug 23, 2002 (6,200% above the $2,500 asking price). More recently, it was listed as a rental in June 2026 with an asking price of $2,900 per month. That rental listing was removed on June 22, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $521,800, with a rent estimate of $2,858/month.

Home Details for 1601 E Penny Dr

Property Information

Year Built
Year Built: 1968
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherDisposalMicrowaveRefrigerator
Heating & Cooling
Air ConditioningCooling System: Air Conditioner, Central Air, Ceiling Fan

Exterior Features

Exterior Home Features
Lawn
Pool
Pool
Parking & Garage
Parking: Attached, On Site

Comparable Sales for 1601 E Penny Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1603 E ALAMEDA Drive, Tempe, AZ
0.06
Single-Family Home
$402,600
09/25/26
3
2
1,566 sqft
1420 E CAMPUS Drive, Tempe, AZ
0.14
Single-Family Home
$470,000
05/27/26
3
2
1,631 sqft
1648 E CAMPUS Drive, Tempe, AZ
0.09
Single-Family Home
$520,000
12/15/25
4
2
1,811 sqft
1633 E WESLEYAN Drive, Tempe, AZ
0.19
Single-Family Home
$440,000
05/12/26
3
2
1,670 sqft
2717 S ALDER Drive, Tempe, AZ
0.19
Single-Family Home
$376,550
06/22/26
3
2
1,305 sqft
1413 E WESLEYAN Drive, Tempe, AZ
0.21
Single-Family Home
$577,000
06/12/26
3
2
1,564 sqft
1407 E WESLEYAN Drive, Tempe, AZ
0.22
Single-Family Home
$530,000
01/02/26
3
2
1,466 sqft
1659 E PALMCROFT Drive, Tempe, AZ
0.29
Single-Family Home
$545,000
12/10/25
3
2
1,758 sqft
1647 E PALMCROFT Drive, Tempe, AZ
0.29
Single-Family Home
$510,000
10/02/26
3
2
1,646 sqft
1404 E Bishop Drive, Tempe, AZ
0.25
Single-Family Home
$430,000
06/29/26
3
2
1,260 sqft

Nearby homes

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Around this home

Neighborhood Overview

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

What Locals Say about Meyer Park

This October

Trick-or-Treat Score

Built from what locals say about Meyer Park.
  • 88% say there are sidewalks
  • 71% say there's holiday spirit
  • 51% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
At least 10 Trulia users voted on each feature.

  • 93 % Say it's walkable to grocery stores

  • 92 % Say it's walkable to restaurants

  • 88 % Say it's dog friendly

  • 88 % Say people would walk alone at night

  • 88 % Say there are sidewalks

  • 71 % Say there's holiday spirit

  • 67 % Say parking is easy

  • 65 % Say they plan to stay for at least 5 years

  • 56 % Say it's quiet

  • 56 % Say car is needed

  • 56 % Say streets are well-lit

  • 53 % Say kids play outside

  • 51 % Say neighbors are friendly

  • 46 % Say yards are well-kept

  • 40 % Say there's wildlife

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Destiny Garcia
    "Park events and church events they seem like fun haven’t been to one yet but the neighborhood seems kind"
    0
    Flag
  • Trulia User
    "There’s a lot of different routes you can walk your dog along without having to leave the neighborhood :)"
    0
    Flag
  • Trulia User
    "A short pleasant trip with many interesting sights and places to shop and or visit. Including many Restaurants and the Tempe Library on the way"
    0
    Flag
  • Dave R.
    "Ask for more lights on the streets and be sure to know your neighbors. Parks Is great. Traffic is ok too. Not sure why the buses run in the neighborhood. Something I would ask about. Seems like it’s a shortcut for them and probably shouldn’t have buses going up and down residential streets"
    3
    Flag
  • Jason K.
    "Great place, very friendly. Very accessible to ASU and downtown Tempe. Has a civil actor bus that connects directly to asu, downtown, the light rail and McClintock High School. There are several grocery stores within walking distance and Mayer Park is well maintained."
    0
    Flag
  • Clarice C.
    "good neighbors and good community. the park is peaceful and there's an open field for anyone who wants to practice sports."
    0
    Flag
  • Juliecox0288
    "Holiday events mostly and because of school events and activities you will notice neighborhood families and if you have kids of course brings you together on more personal levels"
    0
    Flag
  • Tweetytuomi
    "Close to ASU where street craft and art fairs are held. Meyer park is a great park for exercise and kid playing. Walking distance to restaurants, coffee shops and stores. Close to schools. Close to Phoenix Zoo, highways and airport. "
    1
    Flag
  • Tweetytuomi
    "Close to restaurants. Excellent location. Great public transportation. Great public parks. Love my neighborhood!"
    4
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Jun 22, 2026
Source: Zillow Rentals
ListingRemoved
$2,500
Jun 9, 2026
Source: Zillow Rentals
PriceChange
$2,500
Price decreased by 14%
Jun 5, 2026
Source: Zillow Rentals
Listed For Rent
$2,900
Dec 17, 2023
Source: Zillow Rentals
ListingRemoved
Dec 8, 2023
Source: Zillow Rentals
PriceChange
$2,300
Price decreased by 12%

Frequently asked questions about 1601 E Penny Dr

  • What is 1601 E Penny Dr estimated to be worth?
    Trulia's estimated value for 1601 E Penny Dr in Tempe, AZ is $521,800.
  • What is the price history for 1601 E Penny Dr?
    1601 E Penny Dr in Tempe, AZ last sold for $157,500 in August 2002.
  • 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 1601 E Penny Dr have air conditioning?
    Yes, 1601 E Penny Dr in Tempe, AZ has air conditioning.
  • Does 1601 E Penny Dr have a pool?
    Yes, 1601 E Penny Dr in Tempe, AZ has a pool.

Homes for rent near 1601 E Penny Dr

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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