1887 E Pegasus Dr
Tempe, AZ 85283
Optimist Park SW- Studio
- 2 Baths
- 2,313 sqft (on 0.27 acres)
Studio
2 Baths
2,313 sqft
(on 0.27 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1973
Lot Size
0.27 acres
Living Area
2,313 sqft
Price/Sqft
$270
Parking
Garage
About this House
This single-family home is located at 1887 E Pegasus Dr, Tempe, AZ. 1887 E Pegasus Dr is in the Optimist Park SW neighborhood in Tempe, AZ and in ZIP code 85283. This property has 2 bathrooms and approximately 2,313 sqft of floor space. This property has a lot size of 0.27 acres and was built in 1973.
1887 E Pegasus Dr, Tempe, AZ 85283 is a studio, 2 bathroom, 2,313 sqft single-family home in Optimist Park SW, built in 1973. It last sold for $600,000 on May 12, 2023. It is currently off market. The Trulia Estimate is $624,300, with a rent estimate of $3,053/month.
Home Details for 1887 E Pegasus Dr
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Heating & Cooling Heating: OtherAir ConditioningCooling System: RefrigeratorHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 7 |
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Exterior Home Features Roof: AsphaltExterior: Cement ConcretePatio |
Pool Pool |
Parking & Garage GarageParking: Garage Attached |
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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: 0.27 acres |
Price History for 1887 E Pegasus Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 05/12/2023 | $600,000 | Sold | ARMLS #6519333 |
| 03/28/2023 | $609,900 | PriceChange | ARMLS #6519333 |
| 03/01/2023 | $630,000 | Listed For Sale | ARMLS #6519333 |
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 | $3,157 |
| Assessment | $454,000 |
Home facts updated by county records
Comparable Sales for 1887 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 | |
0.29 | Single-Family Home | $732,500 | 02/13/26 | 3 | 2 | 2,523 | |
0.33 | Single-Family Home | $650,000 | 07/29/26 | 3 | 2 | 2,132 | |
0.24 | Single-Family Home | $478,500 | 04/08/26 | 2 | 1,936 | ||
0.15 | Single-Family Home | $480,000 | 01/09/26 | 4 | 2 | 1,953 | |
0.29 | Single-Family Home | $530,000 | 08/13/25 | 4 | 2 | 1,691 | |
0.40 | Single-Family Home | $655,000 | 06/18/26 | 3 | 2 | 2,253 | |
0.20 | Single-Family Home | $480,000 | 05/29/26 | 4 | 2 | 1,746 | |
0.19 | Single-Family Home | $390,000 | 05/08/26 | 2 | 1,691 | ||
0.47 | Single-Family Home | $637,500 | 11/14/25 | 4 | 2 | 2,356 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1887 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 1887 E Pegasus Dr
Off Market Homes Near 1887 E Pegasus Dr
Frequently asked questions about 1887 E Pegasus Dr
- What is 1887 E Pegasus Dr estimated to be worth?Trulia's estimated value for 1887 E Pegasus Dr in Tempe, AZ is $624,300.
- What is the price history for 1887 E Pegasus Dr?1887 E Pegasus Dr in Tempe, AZ last sold for $600,000 in May 2023.
- 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 1887 E Pegasus Dr have air conditioning?Yes, 1887 E Pegasus Dr in Tempe, AZ has air conditioning.
- Does 1887 E Pegasus Dr have a pool?Yes, 1887 E Pegasus Dr in Tempe, AZ has a pool.

