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

1601 E Penny Dr
Tempe, AZ 85282

Meyer Park
  • 3 Beds
  • 2 Baths
  • 1,950 sqft

$530,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,978/mo*

$530,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,978/mo*
3 Beds
2 Baths
1,950 sqft

Local Information

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

Home Highlights

Property Type
Single-Family Home
Year Built
1968
Living Area
1,950 sqft
Price/Sqft
$272
Parking
Attached Garage

About this House

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. It is currently off market. The Trulia Estimate is $530,500, with a rent estimate of $2,631/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

Price History for 1601 E Penny Dr

DatePriceEventSource
06/22/2026$2,500ListingRemovedZillow Rentals
06/09/2026$2,500PriceChange
Zillow Rentals
06/05/2026$2,900Listed For RentZillow Rentals
12/17/2023ListingRemovedZillow Rentals
12/08/2023$2,300PriceChange
Zillow Rentals
10/19/2023$2,600PriceChange
Zillow Rentals
10/05/2023$2,800PriceChange
Zillow Rentals
09/20/2023$3,000Listed For RentZillow Rentals
03/24/2021ListingRemovedN/A
11/06/2017$1,800ListingRemovedN/A
10/27/2017$1,800Listed For RentN/A
09/05/2016$1,800ListingRemovedN/A
08/31/2015$1,500ListingRemovedN/A
08/25/2015$1,500Listed For RentN/A
08/23/2002$157,500Sold
ARMLS #1846153

Market trends in Tempe

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$5K
MoM
Sale-to-List Price
98.5%
0.1%
MoM
Price per sq ft
$291
$2
MoM
Available listings
550
13
MoM
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Property Tax and Assessment

Year2025
Tax$2,843
Assessment$433,500
Home facts updated by county records

Comparable Sales for 1601 E Penny Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$470,000
05/27/26
3
2
1,631
0.09
Single-Family Home
$520,000
12/15/25
4
2
1,811
0.19
Single-Family Home
$440,000
05/12/26
3
2
1,670
0.19
Single-Family Home
$376,550
06/22/26
3
2
1,305
0.21
Single-Family Home
$577,000
06/12/26
3
2
1,564
0.22
Single-Family Home
$530,000
01/02/26
3
2
1,466
0.29
Single-Family Home
$545,000
12/10/25
3
2
1,758
0.25
Single-Family Home
$430,000
06/29/26
3
2
1,260
0.25
Single-Family Home
$424,000
09/19/25
4
2
1,645
0.28
Single-Family Home
$555,000
08/28/25
3
2
1,633

Nearby homes

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Assigned Schools

These are the assigned schools for 1601 E Penny Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Meyer Park

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"
  • Trulia User
    "There’s a lot of different routes you can walk your dog along without having to leave the neighborhood :)"
  • 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"
  • 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"
  • 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."
  • Clarice C.
    "good neighbors and good community. the park is peaceful and there's an open field for anyone who wants to practice sports."
  • 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"
  • 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. "
  • Tweetytuomi
    "Close to restaurants. Excellent location. Great public transportation. Great public parks. Love my neighborhood!"

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Homes for sale near 1601 E Penny Dr

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Off Market Homes Near 1601 E Penny Dr

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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 $530,500.
  • 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 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 up $5K 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.