1863 E Pegasus Dr
Tempe, AZ 85283
Optimist Park SW- 4 Beds
- 2 Baths
- 1,550 sqft
4 Beds
2 Baths
1,550 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1973
Living Area
1,550 sqft
Price/Sqft
$273
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. It is currently off market. The Trulia Estimate is $423,300, with a rent estimate of $2,371/month.
Home Details for 1863 E Pegasus Dr
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Heating & Cooling Heating: OtherAir ConditioningCooling System: RefrigeratorHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet |
Interior Details Number of Rooms: 6Ceiling Fan |
Appliances & Utilities DishwasherRefrigerator |
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Exterior Home Features Roof: OtherExterior: Cement ConcretePatio |
Parking & Garage Parking: Carport |
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Year Built Year Built: 1973 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 7692 sqft |
Price History for 1863 E Pegasus Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 06/28/2018 | $253,000 | Sold | ARMLS #5749396 |
| 05/16/2018 | $258,500 | PriceChange | Agent Provided |
| 04/10/2018 | $268,500 | Listed For Sale | Agent Provided |
| 05/12/2008 | $259,000 | ListingRemoved | Agent Provided |
| 04/16/2008 | $259,000 | Listed For Sale | Agent Provided |
| 12/31/2007 | $199,900 | Sold | ARMLS #2880383 |
| 03/04/1998 | $90,000 | Sold | N/A |
Market trends in Tempe
Last updated June 2026
Avg. sale price
$463K
$5KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$291
$2MoM
Available listings
550
13MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,528 |
| Assessment | $314,300 |
Home facts updated by county records
Comparable Sales for 1863 E Pegasus Dr
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 | |
0.24 | 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 | |
0.34 | 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 | |
0.33 | Single-Family Home | $530,000 | 08/13/25 | 4 | 2 | 1,691 | |
0.45 | Single-Family Home | $420,000 | 02/27/26 | 3 | 2 | 1,564 | |
0.31 | Single-Family Home | $499,990 | 08/25/25 | 3 | 2 | 1,703 | |
0.39 | Single-Family Home | $468,320 | 12/19/25 | 3 | 2 | 1,832 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1863 E Pegasus Dr.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 1863 E Pegasus Dr
Off Market Homes Near 1863 E Pegasus Dr
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 $423,300.
- 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 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 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).

