1607 E Penny Dr, Tempe, AZ 85282
OFF MARKET

1607 E Penny Dr
Tempe, AZ 85282

Meyer Park
  • Studio
  • 2 Baths
  • 1,789 sqft

$490,600

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $2,760/mo*
Refinance Your Home

$490,600

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $2,760/mo*
Refinance Your Home
Studio
2 Baths
1,789 sqft

Home Value

Trulia Estimate
$491K
Since last month
Decreased$11K (-2.1%)
Since last year
Decreased$16K (-3.1%)
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 +79% in the last 10 years
MonthEstimated value
2026
August 2026$489K
July 2026$497K
June 2026$499K
May 2026$490K
April 2026$490K
March 2026$499K
February 2026$500K
January 2026$491K
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
1648 E CAMPUS Drive, Tempe, AZ
0.08
Single-Family Home
$520,000
12/15/25
4
2
1,811
1717 E CAMPUS Drive, Tempe, AZ
0.13
Single-Family Home
$290,000
04/02/26
3
2
1,662
1420 E CAMPUS Drive, Tempe, AZ
0.15
Single-Family Home
$470,000
05/27/26
3
2
1,631
1633 E WESLEYAN Drive, Tempe, AZ
0.19
Single-Family Home
$440,000
05/12/26
3
2
1,670
1659 E PALMCROFT Drive, Tempe, AZ
0.29
Single-Family Home
$545,000
12/10/25
3
2
1,758
1407 E WESLEYAN Drive, Tempe, AZ
0.23
Single-Family Home
$530,000
01/02/26
3
2
1,466
1409 E VERLEA Drive, Tempe, AZ
0.28
Single-Family Home
$555,000
08/28/25
3
2
1,633
1413 E WESLEYAN Drive, Tempe, AZ
0.22
Single-Family Home
$577,000
06/12/26
3
2
1,564
1509 E VERLEA Drive, Tempe, AZ
0.25
Single-Family Home
$424,000
09/19/25
4
2
1,645
1410 E Verlea Drive, Tempe, AZ
0.31
Single-Family Home
$490,000
04/17/26
4
2
1,633

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
1611 E ALAMEDA Drive, Tempe, AZ 85282
0.06
$515,100
3
2
1,430
Off Market
1530 E ALAMEDA Drive, Tempe, AZ 85282
0.05
$555,700
4
2
1,957
Off Market
1648 E CAMPUS Drive, Tempe, AZ 85282
0.08
$520,000
4
2
1,811
Recently Sold
1612 E GAYLON Drive #FAB!!, Tempe, AZ 85282
0.09
$410,500
3
2
1,270
Off Market
2612 S AZALEA Drive, Tempe, AZ 85282
0.12
$385,000
3
2
1,391
Recently Sold
2718 S AZALEA Drive, Tempe, AZ 85282
0.12
$302,500
2
1
1,114
Recently Sold
1727 E ALAMEDA Drive, Tempe, AZ 85282
0.13
$396,500
3
2
1,391
Off Market
1717 E CAMPUS Drive, Tempe, AZ 85282
0.13
$575,000
3
2
1,662
For Sale
1736 E ALAMEDA Drive, Tempe, AZ 85282
0.14
$409,100
3
2
1,305
Off Market
1739 E ALAMEDA Drive, Tempe, AZ 85282
0.15
$398,800
3
2
1,765
Off Market
2730 E AZALEA Drive, Tempe, AZ 85282
0.15
$288,700
3
2
1,332
Off Market
1706 E GAYLON Drive, Tempe, AZ 85282
0.15
$390,000
3
2
1,305
Recently Sold

Local Information

  • Map ViewExplore the area around 1607 E Penny Dr.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1967
Living Area
1,789 sqft
Price/Sqft
$274
Parking
Garage

About this House

This single-family home is located at 1607 E Penny Dr, Tempe, AZ. 1607 E Penny Dr is in the Meyer Park neighborhood in Tempe, AZ and in ZIP code 85282. This property has 2 bathrooms and approximately 1,789 sqft of floor space. This property has a lot size of 8490 sqft and was built in 1967.
1607 E Penny Dr, Tempe, AZ 85282 is a studio, 2 bathroom, 1,789 sqft single-family home in Meyer Park, built in 1967. It is currently off market. The Trulia Estimate is $490,600, with a rent estimate of $2,622/month.

Home Details for 1607 E Penny Dr

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: RefrigeratorHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 8

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Cement ConcretePatio
Pool
Pool
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1967
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 8490 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$2,342
$419,700
Home facts updated by county records

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

Meyer Park
See Local Highlights
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"
    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

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Homes for sale near 1607 E Penny Dr

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Off Market Homes Near 1607 E Penny Dr

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Frequently asked questions about 1607 E Penny Dr

  • What is 1607 E Penny Dr estimated to be worth?
    Trulia's estimated value for 1607 E Penny Dr in Tempe, AZ is $490,600.
  • 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 Meyer Park neighborhood?
    Residents describe the Meyer Park neighborhood in Tempe, AZ as walkable to grocery stores, walkable to restaurants, and dog-friendly. See recently sold homes in Meyer Park, Tempe.
  • Does 1607 E Penny Dr have air conditioning?
    Yes, 1607 E Penny Dr in Tempe, AZ has air conditioning.
  • Does 1607 E Penny Dr have a pool?
    Yes, 1607 E Penny Dr in Tempe, AZ has a pool.