1941 E PEGASUS Drive
Tempe, AZ 85283
Optimist Park SW- 4 Beds
- 2 Baths
- 1,819 sqft
4 Beds
2 Baths
1,819 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1973
Living Area
1,819 sqft
Price/Sqft
$234
Parking
Garage
About this House
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. It is currently off market. The Trulia Estimate is $425,900, with a rent estimate of $2,531/month.
Home Details for 1941 E PEGASUS Drive
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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 |
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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 |
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Cumulative Days on Market: 10 |
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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 |
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Price List Price: $425,000 |
Status Change & Dates Off Market Date: Fri Nov 22 2024Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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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 |
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Building Details Builder Name: Continental Homes |
Building Area Building Area: 1819 Square Feet |
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Community Features: Biking/Walking Path |
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HOA Fee Includes: No FeesNo HOA |
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Lot Area: 7675 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 6778844 |
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Biking/Walking Path |
Last check for updates: about 6 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.
Price History for 1941 E PEGASUS Drive
| Date | Price | Event | Source |
|---|---|---|---|
| 03/19/2026 | $2,999 | ListingRemoved | HomeSmart |
| 02/26/2026 | $2,999 | Listed For Rent | HomeSmart |
| 10/06/2025 | $3,000 | ListingRemoved | HomeSmart |
| 07/09/2025 | $3,000 | PriceChange | HomeSmart |
| 06/27/2025 | $2,795 | PriceChange | HomeSmart |
| 03/20/2025 | $2,895 | Listed For Rent | HomeSmart |
| 03/20/2025 | $2,895 | ListingRemoved | Zillow Rentals |
| 02/16/2025 | $2,895 | PriceChange | Zillow Rentals |
| 02/13/2025 | $2,599 | PriceChange | Zillow Rentals |
| 02/08/2025 | $2,998 | Listed For Rent | HomeSmart |
| 02/03/2025 | $2,599 | ListingRemoved | Zillow Rentals |
| 01/11/2025 | $2,599 | PriceChange | Zillow Rentals |
| 12/12/2024 | $2,999 | Listed For Rent | Zillow Rentals |
| 12/11/2024 | $400,000 | Sold | ARMLS #6778844 |
| 11/23/2024 | $425,000 | Pending | ARMLS #6778844 |
| 11/18/2024 | $425,000 | PendingToActive | ARMLS #6778844 |
| 11/07/2024 | $425,000 | Pending | ARMLS #6778844 |
| 11/01/2024 | $425,000 | Listed For Sale | ARMLS #6778844 |
| 04/03/2006 | $280,000 | Sold | ARMLS #2470384 |
| 10/31/2001 | $136,000 | 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 | $2,003 |
| Assessment | $333,300 |
Home facts updated by county records
Comparable Sales for 1941 E PEGASUS Drive
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $480,000 | 05/29/26 | 4 | 2 | 1,746 | |
0.14 | Single-Family Home | $465,000 | 11/12/25 | 3 | 2 | 1,581 | |
0.06 | Single-Family Home | $480,000 | 01/09/26 | 4 | 2 | 1,953 | |
0.23 | Single-Family Home | $530,000 | 08/13/25 | 4 | 2 | 1,691 | |
0.26 | Single-Family Home | $720,000 | 10/28/25 | 4 | 2 | 2,132 | |
0.41 | Single-Family Home | $534,000 | 03/02/26 | 4 | 2 | 1,971 | |
0.45 | Single-Family Home | $450,000 | 06/02/26 | 4 | 2 | 1,584 | |
0.37 | Single-Family Home | $420,000 | 02/27/26 | 3 | 2 | 1,564 | |
0.33 | Single-Family Home | $600,000 | 10/27/25 | 3 | 2 | 1,660 | |
0.35 | Single-Family Home | $600,000 | 12/31/25 | 3 | 2 | 2,132 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1941 E PEGASUS Drive.
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.
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Apartments for Rent
Homes for sale near 1941 E PEGASUS Drive
Off Market Homes Near 1941 E PEGASUS Drive
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 $425,900.
- 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 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 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).


