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

$702,500

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,356 sqft

2016 E PEGASUS Drive, Tempe, AZ 85283

Optimist Park SE
Est. Refi. Payment $4,168/mo*
Refinance Your Home
Currently Off Market - Sold Apr 18, 2025 for $647,900

Home Value

Trulia Estimate
$703K
Since last month
Increased$3K (+0.4%)
Since last year
Increased$49K (+7.4%)
Since last sale
Increased$56K (+8.6%)
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 +124% in the last 10 years
MonthEstimated value
2026
September 2026$704K
August 2026$701K
July 2026$694K
June 2026$707K
May 2026$702K
April 2026$712K
March 2026$721K
February 2026$726K
January 2026$712K
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
2032 E PEGASUS Drive, Tempe, AZ
0.06
Single-Family Home
$720,000
10/28/25
4
2
2,132
2021 E Pegasus Drive, Tempe, AZ
0.04
Single-Family Home
$650,000
07/29/26
3
2
2,132
2016 E REDMON Drive, Tempe, AZ
0.08
Single-Family Home
$732,500
02/13/26
3
2
2,523
2036 E Gemini Drive, Tempe, AZ
0.18
Single-Family Home
$600,000
12/31/25
3
2
2,132
6367 S RIVER Drive, Tempe, AZ
0.24
Single-Family Home
$690,000
07/23/26
4
2
2,481
2043 E VAUGHN Street, Tempe, AZ
0.24
Single-Family Home
$655,000
06/18/26
3
2
2,253
6217 S HAZELTON Lane, Tempe, AZ
0.29
Single-Family Home
$500,000
09/08/26
4
2
1,953
2067 E GEMINI Drive, Tempe, AZ
0.25
Single-Family Home
$740,000
03/06/26
5
2
2,025
1915 E GEMINI Drive, Tempe, AZ
0.26
Single-Family Home
$480,000
05/29/26
4
2
1,746
1926 E CARMEN Street, Tempe, AZ
0.31
Single-Family Home
$677,500
09/25/26
4
3
2,689

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
2013 E Orion Street, Tempe, AZ 85283
0.03
$637,300
4
2
2,004
Off Market
2021 E ORION Street, Tempe, AZ 85283
0.05
$589,700
3
2
2,132
Off Market
2032 E PEGASUS Drive, Tempe, AZ 85283
0.06
$710,900
4
2
2,132
Off Market
2025 E PEGASUS Drive, Tempe, AZ 85283
0.05
$614,000
4
2
2,004
For Sale
2021 E Pegasus Drive, Tempe, AZ 85283
0.04
$650,000
3
2
2,132
Recently Sold
2014 E LIBRA Drive, Tempe, AZ 85283
0.11
$551,600
4
2
1,737
Off Market
2028 E LIBRA Drive, Tempe, AZ 85283
0.13
$597,500
3
2
2,132
Off Market
2016 E REDMON Drive, Tempe, AZ 85283
0.08
$732,500
3
2
2,523
Recently Sold
2104 E PEGASUS Drive, Tempe, AZ 85283
0.15
$647,500
3
2
1,762
Off Market
2024 E GEMINI Drive, Tempe, AZ 85283
0.16
$666,900
3
2
2,132
Off Market
2035 E REDMON Drive, Tempe, AZ 85283
0.11
$878,700
3
2
2,592
Off Market

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

Single-Family Home
Built in 1978
2,356 sqft
$298/sqft
Garage

About this House

What's unique:Laundry tub in garageSolar lightsEat-in kitchenGarage cabinetsBreakfast roomMajority new low-e windows
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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $702,500, with a rent estimate of $3,075/month.
Last check for updates: about 5 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.

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

Price and Tax history

DateEventPrice
Apr 18, 2025
Source: ARMLS #6814610
Sold
$647,900
Apr 2, 2025
Source: ARMLS #6814610
Pending
$664,700
Mar 24, 2025
Source: ARMLS #6814610
PriceChange
$664,700
Price increased by 1%
Mar 14, 2025
Source: ARMLS #6814610
PriceChange
$659,900
Price decreased by 1%
Mar 10, 2025
Source: ARMLS #6814610
PriceChange
$669,750
Price decreased by 1%

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 SE
See Local Highlights
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

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 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 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).

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