1857 E  Pegasus Dr, Tempe, AZ 85283
Property image
Property image
OFF MARKET

1857 E Pegasus Dr
Tempe, AZ 85283

Optimist Park SW
  • 3 Beds
  • 2 Baths
  • 1,224 sqft

$397,400

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $2,256/mo*

$397,400

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $2,256/mo*
3 Beds
2 Baths
1,224 sqft

Local Information

  • Map ViewExplore the area around 1857 E Pegasus Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1973
Living Area
1,224 sqft
Price/Sqft
$325

About this House

This single-family home is located at 1857 E Pegasus Dr, Tempe, AZ. 1857 E Pegasus Dr is in the Optimist Park SW neighborhood in Tempe, AZ and in ZIP code 85283. This property has 3 bedrooms, 2 bathrooms and approximately 1,224 sqft of floor space. This property has a lot size of 7693 sqft and was built in 1973.
1857 E Pegasus Dr, Tempe, AZ 85283 is a 3 bedroom, 2 bathroom, 1,224 sqft single-family home in Optimist Park SW, built in 1973. It last sold for $215,000 on Aug 23, 2017. It is currently off market. The Trulia Estimate is $397,400, with a rent estimate of $2,127/month.

Home Details for 1857 E Pegasus Dr

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: RefrigeratorHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6
Appliances & Utilities
Refrigerator

Exterior Features

Exterior Home Features
Roof: OtherExterior: Cement ConcretePatio
Parking & Garage
Parking: Carport

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7692 sqft

Price History for 1857 E Pegasus Dr

DatePriceEventSource
08/23/2017$215,000Sold
ARMLS #5628884
07/19/2017$229,500PriceChange
Agent Provided
07/05/2017$235,000Listed For SaleAgent Provided
01/20/2011$97,000Sold
ARMLS #4480845
11/26/2010$99,500PriceChange
Agent Provided
10/23/2010$109,500Listed For SaleAgent Provided
09/13/2010$85,400Sold
N/A
03/21/2006$239,900Sold
N/A
08/27/2001$122,000Sold
N/A
05/26/1998$93,800Sold
N/A
07/31/1996$83,000Sold
N/A

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$1,542
Assessment$314,800
Home facts updated by county records

Comparable Sales for 1857 E Pegasus Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
$465,000
11/12/25
3
2
1,581
0.31
Single-Family Home
$300,000
06/25/26
3
2
1,224
0.41
Single-Family Home
$410,000
10/08/25
3
2
1,274
0.27
Single-Family Home
$600,000
10/27/25
3
2
1,660
0.25
Single-Family Home
$480,000
05/29/26
4
2
1,746
0.30
Single-Family Home
$499,990
08/25/25
3
2
1,703
0.38
Single-Family Home
$468,320
12/19/25
3
2
1,832
0.46
Single-Family Home
$420,000
02/27/26
3
2
1,564
0.45
Single-Family Home
$450,000
06/02/26
4
2
1,584
0.34
Single-Family Home
$534,000
03/02/26
4
2
1,971

Nearby homes

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Assigned Schools

These are the assigned schools for 1857 E Pegasus 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 Optimist Park SW

At least 12 Trulia users voted on each feature.
  • 100 % Say streets are well-lit

  • 100 % Say it's dog friendly

  • 100 % Say people would walk alone at night

  • 100 % Say parking is easy

  • 95 % Say it's walkable to grocery stores

  • 94 % Say yards are well-kept

  • 93 % Say car is needed

  • 90 % Say there are sidewalks

  • 86 % Say they plan to stay for at least 5 years

  • 77 % Say it's quiet

  • 75 % Say there's holiday spirit

  • 69 % Say it's walkable to restaurants

  • 69 % Say kids play outside

  • 68 % Say neighbors are friendly

  • 24 % Say there's wildlife

  • 17 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • 480bbello
    "extremely safe area in Tempe, amazing place to live and raise kids at. fantastic public school system 👍"

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 1857 E Pegasus Dr

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Off Market Homes Near 1857 E Pegasus Dr

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Frequently asked questions about 1857 E Pegasus Dr

  • What is 1857 E Pegasus Dr estimated to be worth?
    Trulia's estimated value for 1857 E Pegasus Dr in Tempe, AZ is $397,400.
  • What is the price history for 1857 E Pegasus Dr?
    1857 E Pegasus Dr in Tempe, AZ last sold for $215,000 in August 2017.
  • 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 1857 E Pegasus Dr have air conditioning?
    Yes, 1857 E Pegasus Dr in Tempe, AZ has air conditioning.
  • How big is the lot at 1857 E Pegasus Dr?
    The lot at 1857 E Pegasus Dr in Tempe, AZ is about 0.18 acres (7,693 sq ft).