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1905 E PEGASUS Drive, Tempe, AZ, 85283

4beds
2baths
2,076sqft
$650,000
$313price/sqft
$3,910/moest. monthly cost
$156,400/yrincome needed

About This Home

Welcome to 1905 E Pegasus Drive, a beautifully maintained home on a premium corner lot in one of Tempe's most desirable neighborhoods. Enjoy quick access to the US-60 and Loop 101, just minutes from Arizona State University, Sky Harbor Airport, Scottsdale, Chandler, Downtown Phoenix, Trader Joe's, the Rio Salado Pathway, parks, shopping, and dining. A mature pine tree shades the front yard, while the backyard features a sparkling pool, rear RV gate, chicken coop, and space to entertain. An additional front RV gate offers added flexibility for parking and storage. Inside, bright living spaces and a rare walk-in secure storage room complete this exceptional home.

Getting Around

65
WalkingSomewhat Walkable
34
TransitSome Transit
62
BikeBikeable

Schools

7/10
Fuller Elementary SchoolGrades K-50.7 mi
5/10

Construction

Condition

  • Year built: 1973

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Brick Veneer,Wood Frame,Painted,Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Refrigerator,Dishwasher,Electric Range,Electric Oven
  • Laundry features: In Garage

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Non-laminate Counter,Quartz Countertops,High Speed Internet,Double Vanity,9+ Flat Ceilings,3/4 Bath Master Bdrm
  • Window features: Double Pane Windows
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Family Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,076
  • Total interior livable area: 2,076 sqft

Property

Details

  • Parcel number: 30101457
  • Special condition: Owner/Agent

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: Play Pool
  • Exterior features: Storage
  • Spa features: None
  • Fencing: Back Yard,Block

Lot

  • Lot size: 0.33 Acres
  • Features: North/South Exposure,Corner Lot,Grass Front,Grass Back,Auto Timer H2O Front,Auto Timer H2O Back

Parking

  • Total spaces: 4
  • Parking features: Attached,RV Access/Parking,RV Gate
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance $167$2,004
Property Taxes $238$2,856
Electricity $219$2,638
Total$3,910$46,920

Income You'd Need if You Spent...

35% on housing$134,057/yr
40% on housing$117,300/yr
45% on housing$104,266/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$313This listing

vs Other Active Listings

Avg $/sqft

ZIP 85283$214
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85283$287
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Price change$639,000
2026-07-10Listed for sale$650,000
2026-07-01Listing removed$3,500
2026-06-05Price change$3,500
2026-05-05Price change$3,750
2026-04-29Listed for rent$3,950
2022-05-21Listing removed--
2022-04-26Listed for rent$3,500
2019-07-25Sold$421,875
2019-06-25Pending sale$426,900
2019-06-08Price change$426,900
2019-05-26Listed for sale$429,900
2018-12-13Sold$260,100
2018-06-26Listed for sale--

For Sale by Agent

AgentRachel Tempel
BrokerageRealty ONE Group

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