1911 E  Pegasus Dr, Tempe, AZ 85283
Property image
Property image
OFF MARKET

1911 E Pegasus Dr
Tempe, AZ 85283

Optimist Park SW
  • 4 Beds
  • 2 Baths
  • 1,984 sqft

$499,900

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $2,811/mo*

$499,900

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $2,811/mo*
4 Beds
2 Baths
1,984 sqft

Home Value

Trulia Estimate
$500K
Since last month
Decreased$11K (-2.1%)
Since last year
Decreased$17K (-3.3%)
Since last sale
Increased$84K (+20.2%)
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 +99% in the last 10 years
MonthEstimated value
2026
August 2026$499K
July 2026$503K
June 2026$510K
May 2026$505K
April 2026$511K
March 2026$509K
February 2026$508K
January 2026$497K
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
0.07
Single-Family Home
$465,000
11/12/25
3
2
1,581
0.19
Single-Family Home
$480,000
05/29/26
4
2
1,746
0.11
Single-Family Home
$480,000
01/09/26
4
2
1,953
0.37
Single-Family Home
$534,000
03/02/26
4
2
1,971
0.33
Single-Family Home
$720,000
10/28/25
4
2
2,132
0.40
Single-Family Home
$420,000
02/27/26
3
2
1,564
0.44
Single-Family Home
$450,000
06/02/26
4
2
1,584
0.29
Single-Family Home
$600,000
10/27/25
3
2
1,660
0.29
Single-Family Home
$650,000
07/29/26
3
2
2,132
0.51
Single-Family Home
$575,000
05/05/26
4
2
2,004

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
0.03
$448,900
4
2
1,224
Off Market
0.02
$639,000
4
2
2,076
For Sale
0.07
$775,000
4
2
2,434
For Sale
0.07
$430,800
4
2
1,819
Off Market
0.07
$546,200
4
2
1,746
Off Market
0.07
$465,000
3
2
1,581
Recently Sold
0.08
$634,600
4
2
2,016
Off Market
0.09
$659,000
4
3.5
2,360
For Sale
0.11
$480,000
4
2
1,953
Recently Sold
0.11
$597,300
3
2
1,691
Off Market
0.13
$491,600
3
2.5
2,160
Off Market
0.14
$577,000
4
2
1,953
For Sale

Local Information

  • Map ViewExplore the area around 1911 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
1,984 sqft
Price/Sqft
$252

About this House

MASSIVE PRICE DROP AGAIN - 4 BEDROOM Gorgeous Remodeled Home w/pristine curb appeal. New handsome wood ''look'' quality ceramic tiled floors throughout, welcoming palette, ceiling fans, & spacious open floor plan. Stunning new kitchen features granite counters, under-mount sink, new SS appliances, & plenty of white cabinets w/stylish hardware. Patio access from dining area. Perfect home for entertaining. Generous sized bedrooms, ample closets, interior laundry room, & 2 new upscale baths w/granite counters, designer tile, & under-mount sinks. Lush green backyard landscape, extended covered patio, decorative stone, & room for a pool! This wonderful home will not disappoint.
1911 E Pegasus Dr, Tempe, AZ 85283 is a 4 bedroom, 2 bathroom, 1,984 sqft single-family home in Optimist Park SW, built in 1973. It last sold for $415,000 on Jan 8, 2021. It is currently off market. The Trulia Estimate is $499,900, with a rent estimate of $2,444/month.

Home Details for 1911 E Pegasus Dr

Interior Features

Heating & Cooling
Heating: Other, ElectricAir ConditioningCooling System: RefrigeratorHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile
Interior Details
Number of Rooms: 7
Appliances & Utilities
DishwasherMicrowave

Exterior Features

Exterior Home Features
Roof: OtherExterior: Cement ConcretePatio
Parking & Garage
Parking Spaces: 2

Property Information

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

Community

Units in Building: 1

Lot Information

Lot Area: 8751 sqft

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
Jan 8, 2021
Source: ARMLS #6153294
Sold
$415,000
Dec 4, 2020
Source: Agent Provided
PriceChange
$425,000
Price decreased by 4%
Nov 17, 2020
Source: Agent Provided
PriceChange
$445,000
Price decreased by 3%
Nov 9, 2020
Source: Agent Provided
PriceChange
$459,000
Price decreased by 0%
Oct 29, 2020
Source: Agent Provided
Listed For Sale
$460,000

Market trends in Tempe

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$1.67K
MoM
Sale-to-List Price
98.3%
0.1%
MoM
Price per sq ft
$289
$3
MoM
Available listings
571
21
MoM
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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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Explore by feature - Pet Friendly

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Homes for sale near 1911 E Pegasus Dr

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Off Market Homes Near 1911 E Pegasus Dr

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Frequently asked questions about 1911 E Pegasus Dr

  • What is 1911 E Pegasus Dr estimated to be worth?
    Trulia's estimated value for 1911 E Pegasus Dr in Tempe, AZ is $499,900.
  • What is the price history for 1911 E Pegasus Dr?
    1911 E Pegasus Dr in Tempe, AZ last sold for $415,000 in January 2021.
  • 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.
  • Does 1911 E Pegasus Dr have air conditioning?
    Yes, 1911 E Pegasus Dr in Tempe, AZ has air conditioning.
  • How big is the lot at 1911 E Pegasus Dr?
    The lot at 1911 E Pegasus Dr in Tempe, AZ is about 0.20 acres (8,752 sq ft).