Seller just dropped the price $82,000 on 8/20/2026.!
Located in a peaceful pocket of Tempe, this beautifully updated 4-bedroom, 2-bath home offers the perfect blend of modern upgrades, comfort, and convenience. Featuring durable block construction and a high block wall for added backyard privacy, this home has been thoughtfully renovated throughout.
Step inside to find newer paint, upgraded baseboards, Venetian bronze hardware, recessed lighting, and new fan/light fixtures throughout. The popcorn ceilings have been removed, and stylish vinyl plank flooring flows seamlessly through the entire home. The spacious living area is highlighted by a cozy wood-burning fireplace. The upgraded kitchen features quartz countertops, newer shaker-style cabinetry, stainless steel appliances an undermount stainless kitchen sink, and modern finishes designed for both style and functionality.
The spacious primary suite includes blackout blinds and private access to the backyard. The remodeled primary bathroom offers double undermount sinks, upgraded mirrors, stainless fixtures, neutral-toned shower tile, and tasteful modern finishes. The secondary bathroom has also been beautifully updated with double undermount sinks, hard surface counters, upgraded mirrors, a new vanity, new toilet, and a tub/shower combination.
Enjoy Arizona living in the backyard oasis featuring a diving pebble-tech swimming pool, covered patio, low-maintenance desert landscaping, and a extra storage shed. Additional upgrades include vinyl-frame dual-pane windows throughout, a new roof, new 4-ton Trane air conditioning unit, security closet, utility sink in the garage, electric garage door opener, new garage door, and garage side door.
Ideally located minutes from top-rated schools, shopping, dining, and major freeways including the 101 and US-60, with easy access to ASU, Downtown Tempe, and Sky Harbor Airport--this home truly puts everything you need right at your doorstep.
Pending
Price cut: $82K (8/20)
$495,000
1971 E PEGASUS Drive, Tempe, AZ 85283
4beds
1,953sqft
Single Family Residence
Built in 1973
8,856 Square Feet Lot
$-- Zestimate®
$253/sqft
$-- HOA
What's special
Diving pebble-tech swimming poolCovered patioGarage side doorCozy wood-burning fireplaceElectric garage door openerNew garage doorLow-maintenance desert landscaping
- 90 days
- 566
- 54
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Vincent Fumusa 480-330-9000,
HomeSmart
Source: ARMLS,MLS#: 7028024

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven, Electric Cooktop
Features
- Quartz Countertops, High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Pantry, 3/4 Bath Master Bdrm
- Flooring: Vinyl
- Windows: Double Pane Windows, Vinyl Frame
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Family Room
Interior area
- Total structure area: 1,953
- Total interior livable area: 1,953 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage Door Opener
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Covered
- Exterior features: Storage
- Has private pool: Yes
- Pool features: Outdoor Pool, Diving Pool
- Spa features: None
- Fencing: Back Yard,Block
Lot
- Size: 8,856 Square Feet
- Features: North/South Exposure, Desert Back, Desert Front
Details
- Additional structures: Shed(s), Gazebo
- Parcel number: 30101468
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Painted, Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Subdivision: CONTINENTAL EAST UNIT 6
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Tempe
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $413,200
- Annual tax amount: $2,424
- Date on market: 6/11/2026
- Cumulative days on market: 91 days
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2026 | Pending sale | $495,000$253/sqft |
Source: | ||
| 8/20/2026 | Price change | $495,000-14.2%$253/sqft |
Source: | ||
| 6/11/2026 | Listed for sale | $577,000$295/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,413 +7.7% | $41,320 -9.2% |
| 2024 | $2,241 +1.2% | $45,530 +115.9% |
| 2023 | $2,214 +4.2% | $21,092 -29.2% |
| 2022 | $2,124 +1.4% | $29,780 +11.2% |
| 2021 | $2,094 +2% | $26,770 +8.8% |
| 2020 | $2,054 +2.8% | $24,610 +7.7% |
| 2019 | $1,999 | $22,860 +7.7% |
| 2018 | $1,999 +3.2% | $21,230 +6.2% |
| 2017 | $1,937 +3.9% | $20,000 +1.7% |
| 2016 | $1,864 +2.2% | $19,660 +13% |
| 2015 | $1,823 | $17,400 +26.4% |
| 2014 | -- | $13,770 +11.4% |
| 2013 | -- | $12,360 -7.5% |
| 2012 | -- | $13,360 -13.8% |
| 2011 | -- | $15,500 -15.3% |
| 2010 | -- | $18,310 -12.5% |
| 2009 | -- | $20,920 -7.8% |
| 2008 | -- | $22,700 +12.7% |
| 2007 | -- | $20,150 +51.5% |
| 2006 | -- | $13,300 |
| 2005 | -- | $13,300 -1.5% |
| 2004 | -- | $13,500 |
| 2003 | -- | $13,500 +20.5% |
| 2002 | -- | $11,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Optimist Park SW
Nearby schools
Schools provided by the listing agent
- Elementary: Fuller Elementary School
- Middle: Fees College Preparatory Middle School
- High: Marcos De Niza High School
- District: Tempe School District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




