2016 E PEGASUS Drive, Tempe, AZ 85283
Property image
Property image
OFF MARKET

2016 E PEGASUS Drive
Tempe, AZ 85283

Optimist Park SE
  • 4 Beds
  • 2 Baths
  • 2,356 sqft

$702,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $3,919/mo*

$702,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $3,919/mo*
4 Beds
2 Baths
2,356 sqft

Local Information

  • Map ViewExplore the area around 2016 E PEGASUS Drive.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1978
Living Area
2,356 sqft
Price/Sqft
$298
Parking
Garage

About this House

JUST ADDED: ALL NEW 2-PANEL DOORS, TREES & SHRUBS with AUTO WATERING SYSTEM, LED VANITY LIGHTS, GARAGE STORAGE RACKS. NEW HVAC UNIT BEING INSTALLED. Fully remodeled So Tempe block home by Licensed Subs. Convenient to Freeways, ASU, Shopping, Tech Center. KITCHEN: New soft-close Shaker cabinets, striking granite counters, LVT flooring, distinctive square recessed LED lighting, SS appliances, range w/ vent hood. BATHS: New tile showers w/ glass barn doors, New vanities w/ quartz tops. Split BR floorplan; LR AND FR w/ full-wall F/P; Dining/Flex room AND Breakfast room. Built-in desk in Family Room. Artificial turf, Inside laundry. Garage cabinets. Covered patios front/rear. Majority New Windows. Barn Door provides for private 2-room suite option. BEST VALUE REMODEL IN THE AREA!
2016 E PEGASUS Drive, Tempe, AZ 85283 is a 4 bedroom, 2 bathroom, 2,356 sqft single-family home in Optimist Park SE, built in 1978. It last sold for $647,900 on Apr 18, 2025 (3% below the $664,700 asking price). It is currently off market. The Trulia Estimate is $702,500, with a rent estimate of $2,784/month.

Home Details for 2016 E PEGASUS Drive

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2
Dimensions and Layout
Living Area: 2356 Square Feet
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: None
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: CoveredFencing: BlockExterior: Private Street(s)No Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: Garage
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: 55

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Brick Veneer, BlockNot Attached Property
Property Information
Parcel Number: 30197708

Price & Status

Price
List Price: $664,700
Status Change & Dates
Off Market Date: Wed Apr 02 2025Possession Timing: By Agreement

Active Status

MLS Status: Closed

Location

Direction & Address
City: TempeCommunity: TEMPE ROYAL PALMS UNIT 16
School Information
Elementary School: Fuller Elementary SchoolElementary School District: Tempe 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: Suggs
Building Area
Building Area: 2356 Square Feet

HOA

HOA Fee Includes: No Fees, Other (See Remarks)No HOA

Lot Information

Lot Area: 8956 sqft

Listing Info

Special Conditions: Owner/Agent

Offer

Listing Terms: Cash, Conventional, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6814610
Last check for updates: about 17 hours ago
Listed by Steven J Ditter, (602) 418-8260
Paradise Valley Real Estate
Bought with: Ernesta D Pearl, (480) 823-8848, West USA Realty
Source: ARMLS, MLS#6814610
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 2016 E PEGASUS Drive

DatePriceEventSource
04/18/2025$647,900Sold
ARMLS #6814610
04/02/2025$664,700PendingARMLS #6814610
03/24/2025$664,700PriceChange
ARMLS #6814610
03/14/2025$659,900PriceChange
ARMLS #6814610
03/10/2025$669,750PriceChange
ARMLS #6814610
03/01/2025$675,000PriceChange
ARMLS #6814610
02/26/2025$697,000PriceChange
ARMLS #6814610
02/19/2025$705,950PriceChange
ARMLS #6814610
02/17/2025$719,750PriceChange
ARMLS #6814610
02/14/2025$725,000PriceChange
ARMLS #6814610
02/12/2025$735,000PriceChange
ARMLS #6814610
02/09/2025$742,500PriceChange
ARMLS #6814610
02/06/2025$750,000Listed For SaleARMLS #6814610
09/11/2024$485,000Sold
ARMLS #6708449
09/09/2024$540,000PendingARMLS #6708449
08/21/2024$540,000PendingToActiveARMLS #6708449
07/09/2024$545,000ContingentARMLS #6708449
07/03/2024$545,000PriceChange
ARMLS #6708449
06/25/2024$550,000PriceChange
ARMLS #6708449
06/19/2024$580,000PriceChange
ARMLS #6708449
05/31/2024$600,000Listed For SaleARMLS #6708449
06/13/1997$145,000Sold
N/A

Market trends in Tempe

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$5K
MoM
Sale-to-List Price
98.5%
0.1%
MoM
Price per sq ft
$291
$2
MoM
Available listings
550
13
MoM
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Property Tax and Assessment

Year2025
Tax$3,555
Assessment$462,500
Home facts updated by county records

Comparable Sales for 2016 E PEGASUS Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Single-Family Home
$720,000
10/28/25
4
2
2,132
0.04
Single-Family Home
$650,000
07/29/26
3
2
2,132
0.08
Single-Family Home
$732,500
02/13/26
3
2
2,523
0.18
Single-Family Home
$600,000
12/31/25
3
2
2,132
0.24
Single-Family Home
$690,000
07/23/26
4
2
2,481
0.24
Single-Family Home
$655,000
06/18/26
3
2
2,253
0.22
Single-Family Home
$530,000
08/13/25
4
2
1,691
0.25
Single-Family Home
$740,000
03/06/26
5
2
2,025
0.26
Single-Family Home
$480,000
05/29/26
4
2
1,746
0.17
Single-Family Home
$480,000
01/09/26
4
2
1,953

Nearby homes

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Assigned Schools

These are the assigned schools for 2016 E PEGASUS Drive.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Optimist Park SE

At least 8 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say parking is easy

  • 100 % Say there are sidewalks

  • 100 % Say yards are well-kept

  • 77 % Say streets are well-lit

  • 75 % Say car is needed

  • 75 % Say people would walk alone at night

  • 67 % Say it's walkable to grocery stores

  • 63 % Say it's walkable to restaurants

  • 63 % Say it's quiet

  • 56 % Say neighbors are friendly

  • 50 % Say kids play outside

  • 33 % Say there's holiday spirit

  • 25 % Say they plan to stay for at least 5 years

  • 22 % Say there are community events

  • 11 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 2016 E PEGASUS Drive

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Off Market Homes Near 2016 E PEGASUS Drive

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Frequently asked questions about 2016 E PEGASUS Drive

  • What is 2016 E PEGASUS Drive estimated to be worth?
    Trulia's estimated value for 2016 E PEGASUS Drive in Tempe, AZ is $702,500.
  • What is the price history for 2016 E PEGASUS Drive?
    2016 E PEGASUS Drive in Tempe, AZ last sold for $647,900 in April 2025.
  • 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 2016 E PEGASUS Drive have air conditioning?
    Yes, 2016 E PEGASUS Drive in Tempe, AZ has air conditioning.
  • How big is the lot at 2016 E PEGASUS Drive?
    The lot at 2016 E PEGASUS Drive in Tempe, AZ is about 0.21 acres (8,956 sq ft).