1941 E PEGASUS Drive, Tempe, AZ 85283
Property image
Property image
OFF MARKET

$450,700

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,819 sqft

1941 E PEGASUS Drive, Tempe, AZ 85283

Optimist Park SW
Est. Refi. Payment $2,701/mo*
Refinance Your Home
Currently Off Market - Sold Dec 11, 2024 for $400,000

Home Value

Trulia Estimate
$451K
Since last month
Increased$5K (+1.2%)
Since last year
Increased$65K (+16.7%)
Since last sale
Increased$51K (+12.7%)
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 +96% in the last 10 years
MonthEstimated value
2026
September 2026$451K
August 2026$445K
July 2026$426K
June 2026$402K
May 2026$389K
April 2026$386K
March 2026$387K
February 2026$389K
January 2026$389K
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
6217 S HAZELTON Lane, Tempe, AZ
0.12
Single-Family Home
$500,000
09/08/26
4
2
1,953
1915 E GEMINI Drive, Tempe, AZ
0.18
Single-Family Home
$480,000
05/29/26
4
2
1,746
1875 E PEGASUS Drive, Tempe, AZ
0.14
Single-Family Home
$465,000
11/12/25
3
2
1,581
1948 E PEGASUS Drive, Tempe, AZ
0.06
Single-Family Home
$480,000
01/09/26
4
2
1,953
2032 E PEGASUS Drive, Tempe, AZ
0.26
Single-Family Home
$720,000
10/28/25
4
2
2,132
1849 E Watson Drive, Tempe, AZ
0.41
Single-Family Home
$534,000
03/02/26
4
2
1,971
1893 E SESAME Street, Tempe, AZ
0.45
Single-Family Home
$450,000
06/02/26
4
2
1,584
5845 S KENWOOD Lane, Tempe, AZ
0.37
Single-Family Home
$420,000
02/27/26
3
2
1,564
1845 E LA DONNA Drive, Tempe, AZ
0.33
Single-Family Home
$600,000
10/27/25
3
2
1,660
2036 E Gemini Drive, Tempe, AZ
0.35
Single-Family Home
$600,000
12/31/25
3
2
2,132

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
1923 E PEGASUS Drive, Tempe, AZ 85283
0.04
$446,300
4
2
1,224
Off Market
1948 E PEGASUS Drive, Tempe, AZ 85283
0.06
$480,000
4
2
1,953
Recently Sold
1937 E ORION Street, Tempe, AZ 85283
0.07
$538,300
4
2
1,746
Off Market
1947 E ORION Street, Tempe, AZ 85283
0.07
$649,900
4
3.5
2,360
For Sale
6217 S HAZELTON Lane, Tempe, AZ 85283
0.12
$500,000
4
2
1,953
Recently Sold
1875 E PEGASUS Drive, Tempe, AZ 85283
0.14
$459,500
3
2
1,581
Off Market
1912 E VAUGHN Street, Tempe, AZ 85283
0.15
$884,800
4
3
2,832
Off Market
6235 S LOS FELIZ Drive, Tempe, AZ 85283
0.15
$628,900
4
2
2,016
Off Market
1922 E VAUGHN Street, Tempe, AZ 85283
0.16
$864,700
4
3
2,715
Off Market
1980 E ORION Street, Tempe, AZ 85283
0.15
$630,000
3
2
1,954
For Sale
6510 S HAZELTON Lane #101, Tempe, AZ 85283
0.16
$486,200
3
2.5
2,160
Off Market

Local Information

  • Map ViewExplore the area around 1941 E PEGASUS Drive.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1973
1,819 sqft
$248/sqft
Garage

About this House

What's unique:Rv parkingLots of grass areaTile floorStorage shedsWood floorsExtra cabinets
Are you in the market for a desirable Tempe address without the Tempe price?? Well look no further! This charming 4 bed/2 bath single-level home with NO HOA could be a perfect addition to a savvy investor portfolio or any buyer looking for a home remodel project to make their own. The property boasts low maintanence landscaping with a spacious backyard - paired with a soothing spa that does convey with the house. You'll enjoy an oversized family room with indoor laundry attached and large eat-in kitchen with newer shaker style cabinetry. Ample parking with a 2 car garage and RV gate. The community does offer lighted walking paths as well as a green space/park for family outings as well! Home is agressively priced for a quick sale, so this one won't last long! Vacant and easy to show.
1941 E PEGASUS Drive, Tempe, AZ 85283 is a 4 bedroom, 2 bathroom, 1,819 sqft single-family home in Optimist Park SW, built in 1973. It last sold for $400,000 on Dec 11, 2024 (6% below the $425,000 asking price). More recently, it was listed as a rental in February 2026 with an asking price of $2,999 per month. That rental listing was removed on March 19, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $450,700, with a rent estimate of $2,753/month.
Last check for updates: about 8 hours ago
Listed by Jesse Brown, (480) 204-9422
HomeSmart
Bought with: Mizan M Rahman, (623) 505-8236, HomeSmart
Source: ARMLS, MLS#6778844
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 1941 E PEGASUS Drive

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2
Dimensions and Layout
Living Area: 1819 Square Feet
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: Above Ground, PrivateHas a Spa
Windows, Doors, Floors & Walls
Window: Skylight(s), Double Pane WindowsFlooring: Vinyl, Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Vinyl, Tile

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: CoveredFencing: BlockNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: RV Access/Parking,RV Gate,Garage Door Opener,Direct Access
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 10

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Stucco, Painted, BlockNot Attached Property
Property Information
Usage of Home: NoneParcel Number: 30101463

Price & Status

Price
List Price: $425,000
Status Change & Dates
Off Market Date: Fri Nov 22 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: TempeCommunity: CONTINENTAL EAST UNIT 6
School Information
Elementary School: Fuller Elementary SchoolElementary School District: Tempe Elementary School DistrictJr High / Middle School: Fees College Preparatory Middle SchoolHigh School: Marcos De Niza High SchoolHigh School District: Tempe Union High School District

Building

Building Details
Builder Name: Continental Homes
Building Area
Building Area: 1819 Square Feet

Community

Community Features: Biking/Walking Path

HOA

HOA Fee Includes: No FeesNo HOA

Lot Information

Lot Area: 7675 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6778844

Additional Information

Biking/Walking Path

Price and Tax history

DateEventPrice
Mar 19, 2026
Source: HomeSmart
ListingRemoved
$2,999
Feb 26, 2026
Source: HomeSmart
Listed For Rent
$2,999
Oct 6, 2025
Source: HomeSmart
ListingRemoved
$3,000
Jul 9, 2025
Source: HomeSmart
PriceChange
$3,000
Price increased by 7%
Jun 27, 2025
Source: HomeSmart
PriceChange
$2,795
Price decreased by 3%

Market trends in Tempe

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

Around this home

Neighborhood Overview

Optimist Park SW
See Local Highlights
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 👍"
    0
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Frequently asked questions about 1941 E PEGASUS Drive

  • What is 1941 E PEGASUS Drive estimated to be worth?
    Trulia's estimated value for 1941 E PEGASUS Drive in Tempe, AZ is $450,700.
  • What is the price history for 1941 E PEGASUS Drive?
    1941 E PEGASUS Drive in Tempe, AZ last sold for $400,000 in December 2024.
  • 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 1941 E PEGASUS Drive have air conditioning?
    Yes, 1941 E PEGASUS Drive in Tempe, AZ has air conditioning.
  • How big is the lot at 1941 E PEGASUS Drive?
    The lot at 1941 E PEGASUS Drive in Tempe, AZ is about 0.18 acres (7,675 sq ft).

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