1863 E  Pegasus Dr, Tempe, AZ 85283
Property image
Property image
OFF MARKET

$417,200

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,550 sqft

1863 E Pegasus Dr, Tempe, AZ 85283

Optimist Park SW
Est. Refi. Payment $2,549/mo*
Refinance Your Home
Currently Off Market - Sold Jun 28, 2018 for $253,000

Home Value

Trulia Estimate
$417K
Since last month
Decreased$5K (-1.1%)
Since last year
Decreased$5K (-1.2%)
Since last sale
Increased$163K (+64.5%)
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 +85% in the last 10 years
MonthEstimated value
2026
October 2026$416K
September 2026$418K
August 2026$421K
July 2026$424K
June 2026$428K
May 2026$427K
April 2026$429K
March 2026$430K
February 2026$427K
January 2026$418K
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
0.03
Single-Family Home
$465,000
11/12/25
3
2
1,581
0.29
Single-Family Home
$189,000
09/07/26
4
2
1,620
0.11
Single-Family Home
$500,000
09/08/26
4
2
1,953
0.24
Single-Family Home
$480,000
05/29/26
4
2
1,746
0.31
Single-Family Home
$300,000
06/25/26
3
2
1,224
0.45
Single-Family Home
$450,000
06/02/26
4
2
1,584
0.11
Single-Family Home
$740,000
09/30/26
4
2
2,434
0.34
Single-Family Home
$534,000
03/02/26
4
2
1,971
0.27
Single-Family Home
$600,000
10/27/25
3
2
1,660
0.45
Single-Family Home
$420,000
02/27/26
3
2
1,564

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
0.01
$391,500
3
2
1,224
Off Market
0.01
$551,500
4
2
1,953
Off Market
0.03
$468,300
3
2
1,564
Off Market
0.03
$598,800
3
2
1,691
Off Market
0.03
$459,500
3
2
1,581
Off Market
0.04
$532,300
Studio
2
1,953
Off Market
0.04
$633,400
4
2
2,016
Off Market
0.04
$492,700
3
2
1,691
Off Market
0.04
$447,200
Studio
2
1,746
Off Market
0.04
$438,400
Studio
2
1,534
Off Market
0.05
$512,800
4
2
1,746
Off Market
0.05
$458,200
Studio
2
1,746
Off Market
0.06
$487,200
Studio
2
1,564
Off Market
0.06
$622,900
Studio
2
2,313
Off Market
0.06
$532,300
4
2
1,746
Off Market
0.06
$518,400
Studio
2
1,691
Off Market
0.07
$464,300
Studio
2
1,798
Off Market
0.07
$537,900
3
2
1,564
Off Market
0.07
$448,700
4
2
1,365
Off Market
0.07
$510,200
Studio
2
2,076
Off Market

Local Information

  • Map ViewExplore the area around 1863 E Pegasus Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1973
1,550 sqft
$269/sqft

About this House

This single-family home is located at 1863 E Pegasus Dr, Tempe, AZ. 1863 E Pegasus Dr is in the Optimist Park SW neighborhood in Tempe, AZ and in ZIP code 85283. This property has 4 bedrooms, 2 bathrooms and approximately 1,550 sqft of floor space. This property has a lot size of 7693 sqft and was built in 1973.
1863 E Pegasus Dr, Tempe, AZ 85283 is a 4 bedroom, 2 bathroom, 1,550 sqft single-family home in Optimist Park SW, built in 1973. It last sold for $253,000 on Jun 28, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $417,200, with a rent estimate of $2,722/month.

Home Details for 1863 E Pegasus Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Number of Rooms: 6Ceiling Fan
Appliances & Utilities
DishwasherRefrigerator
Heating & Cooling
Air ConditioningCooling System: 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 and Tax history

DateEventPrice
Jun 28, 2018
Source: ARMLS #5749396
Sold
$253,000
May 16, 2018
Source: Agent Provided
PriceChange
$258,500
Price decreased by 4%
Apr 10, 2018
Source: Agent Provided
Listed For Sale
$268,500
May 12, 2008
Source: Agent Provided
ListingRemoved
$259,000
Apr 16, 2008
Source: Agent Provided
Listed For Sale
$259,000

Market trends in Tempe

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$461K
$1.5K
MoM
Sale-to-List Price
98.3%
Price per sq ft
$289
$0
MoM
Available listings
593
22
MoM

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

Frequently asked questions about 1863 E Pegasus Dr

  • What is 1863 E Pegasus Dr estimated to be worth?
    Trulia's estimated value for 1863 E Pegasus Dr in Tempe, AZ is $417,200.
  • What is the price history for 1863 E Pegasus Dr?
    1863 E Pegasus Dr in Tempe, AZ last sold for $253,000 in June 2018.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $461K. That is down $1.5K from the prior month.
  • Does 1863 E Pegasus Dr have air conditioning?
    Yes, 1863 E Pegasus Dr in Tempe, AZ has air conditioning.
  • How big is the lot at 1863 E Pegasus Dr?
    The lot at 1863 E Pegasus Dr in Tempe, AZ is about 0.18 acres (7,693 sq ft).

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