2038 E Pegasus Dr, Tempe, AZ 85283
Property image
Property image
OFF MARKET

2038 E Pegasus Dr
Tempe, AZ 85283

Optimist Park SE
  • 3 Beds
  • 2 Baths
  • 2,004 sqft

$565,600

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,164/mo*
Refinance Your Home

$565,600

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,164/mo*
Refinance Your Home
3 Beds
2 Baths
2,004 sqft

Home Value

Trulia Estimate
$566K
Since last month
Increased$2K (+0.3%)
Since last year
Increased$8K (+1.5%)
Since last sale
Increased$365K (+183.2%)
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 +89% in the last 10 years
MonthEstimated value
2026
August 2026$564K
July 2026$562K
June 2026$566K
May 2026$564K
April 2026$567K
March 2026$571K
February 2026$567K
January 2026$559K
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
0.01
Single-Family Home
$720,000
10/28/25
4
2
2,132
2021 E Pegasus Drive, Tempe, AZ
0.06
Single-Family Home
$650,000
07/29/26
3
2
2,132
2036 E Gemini Drive, Tempe, AZ
0.16
Single-Family Home
$600,000
12/31/25
3
2
2,132
5845 S KENWOOD Lane, Tempe, AZ
0.35
Single-Family Home
$420,000
02/27/26
3
2
1,564
2016 E REDMON Drive, Tempe, AZ
0.13
Single-Family Home
$732,500
02/13/26
3
2
2,523
2043 E VAUGHN Street, Tempe, AZ
0.24
Single-Family Home
$655,000
06/18/26
3
2
2,253
2161 E GEMINI Drive, Tempe, AZ
0.38
Single-Family Home
$520,000
09/11/25
3
2
1,836
2112 E APOLLO Avenue, Tempe, AZ
0.39
Single-Family Home
$520,000
03/10/26
3
2
1,778
1915 E GEMINI Drive, Tempe, AZ
0.32
Single-Family Home
$480,000
05/29/26
4
2
1,746
2067 E GEMINI Drive, Tempe, AZ
0.20
Single-Family Home
$740,000
03/06/26
5
2
2,025

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
2032 E PEGASUS Drive, Tempe, AZ 85283
0.01
$720,000
4
2
2,132
Recently Sold
2021 E ORION Street, Tempe, AZ 85283
0.04
$587,000
3
2
2,132
Off Market
2104 E PEGASUS Drive, Tempe, AZ 85283
0.07
$638,100
3
2
1,762
Off Market
2013 E Orion Street, Tempe, AZ 85283
0.06
$638,000
4
2
2,004
Off Market
2025 E PEGASUS Drive, Tempe, AZ 85283
0.05
$614,000
4
2
2,004
For Sale
2028 E LIBRA Drive, Tempe, AZ 85283
0.10
$603,700
3
2
2,132
Off Market
2021 E Pegasus Drive, Tempe, AZ 85283
0.06
$650,000
3
2
2,132
Recently Sold
2016 E PEGASUS Drive, Tempe, AZ 85283
0.08
$700,600
4
2
2,356
Off Market
2014 E LIBRA Drive, Tempe, AZ 85283
0.12
$558,200
4
2
1,737
Off Market
2063 E ORION Street, Tempe, AZ 85283
0.12
$613,200
4
2
2,004
Off Market
2060 E LIBRA Drive, Tempe, AZ 85283
0.15
$649,900
4
2
2,119
For Sale
2036 E Gemini Drive, Tempe, AZ 85283
0.16
$600,000
3
2
2,132
Recently Sold

Local Information

  • Map ViewExplore the area around 2038 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
1978
Living Area
2,004 sqft
Price/Sqft
$282
Parking
Garage

About this House

This beautiful property has no HOA and offers many many upgrades! Pool, brick fireplace, quartz countertops, walk-in closets, built-in appliances and much more!!!!! You have to come check out this Lender Owned property in the heart of Tempe!
2038 E Pegasus Dr, Tempe, AZ 85283 is a 3 bedroom, 2 bathroom, 2,004 sqft single-family home in Optimist Park SE, built in 1978. It last sold for $199,000 on Jun 13, 2012. It is currently off market. The Trulia Estimate is $565,600, with a rent estimate of $2,811/month.

Home Details for 2038 E Pegasus Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 7
Heating & Cooling
Air ConditioningCooling System: Refrigerator

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Cement ConcretePatio
Pool
Pool
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 8411 sqft

Price and Tax history

DateEventPrice
Jun 13, 2012
Source: ARMLS #4722141
Sold
$199,000
Apr 4, 2012
Source: Agent Provided
PriceChange
$199,000
Price decreased by 13%
Feb 29, 2012
Source: Agent Provided
PriceChange
$230,000
Price increased by 0%
Feb 22, 2012
Source: Agent Provided
Listed For Sale
$0
Sep 15, 2011
Source: Agent Provided
ListingRemoved
$170,000

Market trends in Tempe

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

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 2038 E Pegasus Dr

  • What is 2038 E Pegasus Dr estimated to be worth?
    Trulia's estimated value for 2038 E Pegasus Dr in Tempe, AZ is $565,600.
  • What is the price history for 2038 E Pegasus Dr?
    2038 E Pegasus Dr in Tempe, AZ last sold for $199,000 in June 2012.
  • 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 2038 E Pegasus Dr have air conditioning?
    Yes, 2038 E Pegasus Dr in Tempe, AZ has air conditioning.
  • Does 2038 E Pegasus Dr have a pool?
    Yes, 2038 E Pegasus Dr in Tempe, AZ has a pool.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

259 rentals with an outdoor space in Tempe, AZ

Apartments for Rent

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