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

516 E Pegasus Dr
Tempe, AZ 85283

Kiwanis Park
  • 3 Beds
  • 2 Baths
  • 1,080 sqft

$410,300

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,320/mo*
Refinance Your Home

$410,300

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,320/mo*
Refinance Your Home
3 Beds
2 Baths
1,080 sqft

Local Information

  • Map ViewExplore the area around 516 E Pegasus Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1972
Living Area
1,080 sqft
Price/Sqft
$380
Parking
Garage

About this House

516 Pegasus dwells in a diverse family friendly subdivision! This wonderful 3 bedroom 2 bath boast a prime location with a comfortable lay out and spacious kitchen that has an island overlooking a refreshing pool. Large garage with storage space and workbench. Location offers convenient access to schools ,shopping, Ken MacDonald Golf course ,Kiwanis park, freeways, and public transportation. This one has great potential. Come take a look for yourself.
516 E Pegasus Dr, Tempe, AZ 85283 is a 3 bedroom, 2 bathroom, 1,080 sqft single-family home in Kiwanis Park, built in 1972. It last sold for $154,000 on Jun 2, 2013. It is currently off market. The Trulia Estimate is $410,300, with a rent estimate of $2,705/month.

Home Details for 516 E Pegasus Dr

Interior Features

Heating & Cooling
Heating: Other, ElectricAir ConditioningCooling System: RefrigeratorHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Number of Rooms: 5Types of Rooms: Family RoomCeiling Fan
Appliances & Utilities
DishwasherMicrowaveRefrigerator

Exterior Features

Exterior Home Features
Roof: OtherExterior: WoodPatio
Pool
Pool
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 6743 sqft

Price History for 516 E Pegasus Dr

DatePriceEventSource
06/02/2013$154,000Sold
ARMLS #4918273
04/11/2013$155,000Listed For SaleAgent Provided
02/26/2010$141,750Sold
ARMLS #4253562
07/31/2009$83,185Sold
N/A
05/01/2009$130,500Sold
N/A
03/19/2007$233,000Sold
N/A
09/04/2001$133,000Sold
N/A

Market trends in Tempe

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$5KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$291
$2MoM
Available listings
550
13MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$1,829
Assessment$335,700
Home facts updated by county records

Comparable Sales for 516 E Pegasus Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
413 E ORION Street, Tempe, AZ
0.05
Single-Family Home
$310,000
04/27/26
3
2
1,088
407 E ORION Street, Tempe, AZ
0.07
Single-Family Home
$499,000
09/10/25
3
2
1,452
6318 S COLLEGE Avenue, Tempe, AZ
0.14
Single-Family Home
$465,000
03/31/26
3
2
1,256
6204 S COLLEGE Avenue, Tempe, AZ
0.18
Single-Family Home
$445,000
04/13/26
3
2
1,554
414 E WESTCHESTER Drive, Tempe, AZ
0.22
Single-Family Home
$393,000
03/27/26
3
2
1,615
6003 S COLLEGE Avenue, Tempe, AZ
0.25
Single-Family Home
$505,000
05/08/26
3
2
1,267
5824 S COLLEGE Avenue, Tempe, AZ
0.36
Single-Family Home
$430,000
06/16/26
3
2
1,658
219 E SESAME Circle, Tempe, AZ
0.41
Single-Family Home
$435,000
07/15/26
3
2
1,177
629 E Watson Dr, Tempe, AZ
0.36
Single-Family Home
$449,000
01/06/26
3
2
1,260
516 E LODGE Drive, Tempe, AZ
0.34
Single-Family Home
$529,900
08/13/25
3
2
1,908

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 516 E Pegasus Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Kiwanis Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Kiwanis Park

At least 15 Trulia users voted on each feature.

  • 95 % Say there are sidewalks

  • 95 % Say yards are well-kept

  • 94 % Say parking is easy

  • 94 % Say car is needed

  • 91 % Say there's holiday spirit

  • 90 % Say it's dog friendly

  • 71 % Say it's walkable to restaurants

  • 69 % Say neighbors are friendly

  • 68 % Say kids play outside

  • 67 % Say streets are well-lit

  • 61 % Say it's quiet

  • 60 % Say it's walkable to grocery stores

  • 60 % Say they plan to stay for at least 5 years

  • 56 % Say people would walk alone at night

  • 31 % Say there are community events

  • 27 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Very easy with great transportation option. Friendly but nosey people in this area. Great area to raise children, but rent is going up here"
    0
    Flag
  • Trulia User
    " Well, it used to be perfect. l've lived in this neighborhood 42 years. I never had any fears going for a night time walk. Ever since all these apartments got built, crime going on all the time. From theft, home invasions, to a poor 71 woman attacked during the day time. We need more police presence. Half of the car breaking aren't even reported. It used to feel like a lovely small home town. Please get the coyotes relocated. Bobcats too! I want my warm, safe, neighborhood back. "
    0
    Flag
  • Trulia User
    "It’s friendly and the people are nice. Great neighborhood also great restaurants and shopping districts "
    1
    Flag
  • Yvonne M.
    "I live close by I'll take my kids to the park all the time or family gathering or barbque at Kiwanis "
    2
    Flag
  • ge92103
    "You have just about everything within a mile; parks, restaurants, pubs, grocery, burrito shops, small retail, large retail, specialty shops, athletic fields, schools, and a lake. You can walk everywhere. "
    2
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

508 pet-friendly rentals in Tempe, AZ

Explore by feature - Garage

323 rentals with a garage in Tempe, AZ

Explore by feature - Air Conditioning

694 rentals with air conditioning in Tempe, AZ

Explore by feature - Pool

587 rentals with a pool in Tempe, AZ

Explore by feature - Washer/dryer

649 rentals with a washer/dryer in Tempe, AZ

Explore by feature - Outdoor Space

268 rentals with an outdoor space in Tempe, AZ

Homes for sale near 516 E Pegasus Dr

Skip to last item
Skip to first item

Off Market Homes Near 516 E Pegasus Dr

Skip to last item
Skip to first item

Frequently asked questions about 516 E Pegasus Dr

  • What is 516 E Pegasus Dr estimated to be worth?
    Trulia's estimated value for 516 E Pegasus Dr in Tempe, AZ is $410,300.
  • What is the price history for 516 E Pegasus Dr?
    516 E Pegasus Dr in Tempe, AZ last sold for $154,000 in June 2013.
  • 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 516 E Pegasus Dr have air conditioning?
    Yes, 516 E Pegasus Dr in Tempe, AZ has air conditioning.
  • Does 516 E Pegasus Dr have a pool?
    Yes, 516 E Pegasus Dr in Tempe, AZ has a pool.