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For sale
  • Price cut: $5K (5/2)
    $494,000

    409 E PEGASUS Drive, Tempe, AZ 85283

    4beds
    1,388sqft
    : 
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    Single Family Residence
    Built in 1973
    6,826 Square Feet Lot
    $-- Zestimate®
    $356/sqft
    $-- HOA

    What's special

    Private poolBright open layoutOwned tesla solar panelsIndoor-outdoor livingNew roof
    Virtually Staged. Beautiful 4-bedroom home in a prime Tempe location featuring OWNED Tesla Solar Panels, a PRIVATE POOL, and a new roof was installed on May 1st, 2026! Bright, open layout with a functional floor plan ideal for everyday living and entertaining. Enjoy indoor-outdoor living with a private backyard perfect for relaxing or hosting. Garage includes a Tesla/EV charging station for added convenience. Conveniently located near Trader Joe's, fitness centers, shopping, dining, and easy freeway access. Major upgrades already in progress--this home is a must-see. Rare opportunity to assume existing VA loan at approximately 2.375% interest rate (subject to lender approval). Significant monthly payment savings potential.
    142 days
    |
    643
    |
    37
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tahirah Elahi 602-396-7256,

    HomeSmart

    Source: ARMLS,MLS#: 6985850MLS Logo

      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, Built-in Microwave, Dishwasher, Electric Range
      Features
      • High Speed Internet, Eat-in Kitchen, Full Bth Master Bdrm
      • Flooring: Carpet, Tile
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,388
      • Total interior livable area: 1,388 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage Door Opener, Electric Vehicle Charging Station(s)
      • Garage spaces: 2
      • Carport spaces: 2
      • Covered spaces: 4
      Features
      • Stories: 1
      • Has private pool: Yes
      • Pool features: Outdoor Pool
      • Spa features: None
      • Fencing: Back Yard,Block
      Lot
      • Size: 6,826 Square Feet
      • Features: North/South Exposure, Cul-De-Sac, Grass Front, Grass Back
      Details
      • Parcel number: 30181077

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Painted, Block
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Year built: 1973

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water
      Green energy
      • Energy efficient items: Solar Panels

      Community & HOA

      Community
      • Features: Near Bus Stop
      • Security: Security System Leased
      • Subdivision: COLLEGE PARK UNIT 4
      HOA
      • Has HOA: No
      • Services included: No Fees
      Location
      • Region: Tempe

      Financial & listing details

      • Price per square foot: $356/sqft
      • Tax assessed value: $353,500
      • Annual tax amount: $1,949
      • Date on market: 3/3/2026
      • Cumulative days on market: 142 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/2/2026Price change$494,000-1%$356/sqft
        Source: ARMLS #6985850 Report a problem
        3/3/2026Listed for sale$499,000+32.4%$360/sqft
        Source: ARMLS #6985850 Report a problem
        2/25/2021Sold$377,000$272/sqft
        Source: ARMLS #6180888 Report a problem
        1/14/2021Listed for sale$377,000+64.6%$272/sqft
        Source: ARMLS #6180888 Report a problem
        7/10/2015Sold$229,000-0.4%$165/sqft
        Source: ARMLS #5258872 Report a problem
        6/13/2015Listed for sale$229,900$166/sqft
        Source: Exit Realty Sun Living #5258872 Report a problem
        5/7/2015Listing removed$229,900$166/sqft
        Source: Exit Realty Sun Living #5258872 Report a problem
        4/25/2015Price change$229,900-3.9%$166/sqft
        Source: Exit Realty Sun Living #5258872 Report a problem
        4/19/2015Price change$239,300-0.2%$172/sqft
        Source: Exit Realty Sun Living #5258872 Report a problem
        4/9/2015Price change$239,8000%$173/sqft
        Source: Exit Realty Sun Living #5258872 Report a problem
        4/2/2015Listed for sale$239,900+58.3%$173/sqft
        Source: EXIT Realty Sun Living #5258872 Report a problem
        2/13/2015Sold$151,500+1%$109/sqft
        Source: Public Record Report a problem
        1/14/2015Price change$150,000-10.4%$108/sqft
        Source: EXIT Realty Sun Living #5212661 Report a problem
        1/7/2015Price change$167,500+11.7%$121/sqft
        Source: Owner Report a problem
        12/20/2014Listed for sale$150,000-18%$108/sqft
        Source: EXIT Realty Sun Living #5212661 Report a problem
        7/29/2014Sold$183,000$132/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,940 +7.7%$35,350 -6.8%
        2024$1,802 -1%$37,910 +118.6%
        2023$1,820 +4.2%$17,344 -31.9%
        2022$1,747 -11.9%$25,470 +10.7%
        2021$1,982 +1.9%$23,010 +14.1%
        2020$1,944 +18.3%$20,170 +4.1%
        2019$1,644 $19,380 +10.9%
        2018$1,644 +3.2%$17,480 +10.5%
        2017$1,592 -9.2%$15,820 +5%
        2016$1,754 +17.6%$15,070 +12.3%
        2015$1,492 $13,420 +20%
        2014-- $11,180 +9.1%
        2013-- $10,250 -12.4%
        2012-- $11,700 -14.7%
        2011-- $13,710 -14%
        2010-- $15,950 -7.5%
        2009-- $17,250 -16.5%
        2008-- $20,650 +12.5%
        2007-- $18,350 +39.5%
        2006-- $13,150
        2005-- $13,150 +24.1%
        2004-- $10,600
        2003-- $10,600 +19.8%
        2002-- $8,850
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Kiwanis Park

        Getting around

        68 / 100
        Somewhat Walkable
        38 / 100
        Some Transit
        93 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Aguila Elementary School
        • Middle: Aguila Elementary School
        • High: Marcos De Niza High School
        • District: Aguila Elementary District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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