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Open: 10/16 4:30pm-6:30pm
For salePrice cut: $15K (10/5)
$599,000
4beds
2,004sqft

2025 E PEGASUS Drive, Tempe, AZ 85283

4beds
2,004sqft
Single Family Residence
Built in 1978
0.28 Acres Lot
$299/sqft

What's special

Sparkling poolMassive lotCharming classic wood detailing

Fall in love with this well-loved Southwest-style home in a sought-after neighborhood! Set on a massive lot, there's plenty of room for entertaining, gardening, or simply enjoying the beautifully landscaped, low-maintenance desert yard. The sparkling pool was recently renovated (2026), creating the perfect backyard retreat. Inside, charming classic wood detailing adds warmth and character, while fresh interior and exterior paint and a (2021) HVAC provide peace of mind. Just minutes from Trader Joe's, Changing Hands, Wildflower, shopping, and more. Located within a half mile of the 101. Easy to get to all of the valley. Move in ready--Even better in person; the photos simply don't do it justice!

64 days
829
58
Source: ARMLS,MLS#: 7063111MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Hilary C Sutter 480-201-2963,

My Home Group Real Estate,

Cassie Rhodes 480-720-9224,

My Home Group Real Estate

Source: ARMLS,MLS#: 7063111MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
Heating
  • Heat Pump
Cooling
  • Central Air, Ceiling Fan(s)
Appliances
  • Included: Dryer, Washer, Refrigerator, Dishwasher, Disposal
Features
  • Double Vanity, Full Bth Master Bdrm, Laminate Counters
  • Flooring: Carpet, Tile
  • Has basement: No
  • Has fireplace: No
Interior area
  • Total structure area: 2,004
  • Total interior livable area: 2,004 sqft

Property

Parking
  • Total spaces: 4
  • Parking features: Garage, Open
  • Garage spaces: 2
  • Uncovered spaces: 2
Features
  • Stories: 1
  • Patio & porch: Patio
  • Has private pool: Yes
  • Pool features: Diving Pool, Fenced
  • Spa features: None
  • Fencing: Back Yard
Lot
  • Size: 0.28 Acres
  • Features: North/South Exposure, Sprinklers In Rear, Desert Back, Desert Front, Grass Back, Auto Timer H2O Back
Details
  • Parcel number: 30197673

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subtype: Single Family Residence
Materials
  • Stucco, Painted, Block
  • Foundation: Block
  • Roof: Composition
Condition
  • Year built: 1978
Details
  • Builder name: SUGGS

Utilities & green energy

  • Sewer: Public Sewer

Community & HOA

Community
  • Subdivision: TEMPE ROYAL PALMS UNIT 16
HOA
  • Has HOA: No
  • Services included: No Fees
Location
  • Region: Tempe

Financial & listing details

  • Price per square foot: $299/sqft
  • Tax assessed value: $455,700
  • Annual tax amount: $2,807
  • Date on market: 8/5/2026
  • Cumulative days on market: 64 days
  • Listing terms: VA Loan,Cash,Conventional,FHA
  • Ownership: Fee Simple

Price history

DateEventPrice
10/5/2026Price change$599,000-2.4%$299/sqft
Source: ARMLS #7063111 Report a problem
8/6/2026Listed for sale$614,000$306/sqft
Source: ARMLS #7063111 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$2,793 +7.7%$45,570 -6%
2024$2,595 +1.2%$48,460 +98.4%
2023$2,563 +4.2%$24,420 -25.8%
2022$2,460 +1.4%$32,900 +10.5%
2021$2,425 +2%$29,770 +10.5%
2020$2,378 +2.8%$26,950 +7.3%
2019$2,314 $25,120 +10.3%
2018$2,314 +3.2%$22,770 +6.9%
2017$2,242 +3.9%$21,300 -4.5%
2016$2,158 +1.5%$22,300 +11.1%
2015$2,127 $20,080 +23.7%
2014-- $16,230 +13.4%
2013-- $14,310 -9%
2012-- $15,720 -15.5%
2011-- $18,610 -12.7%
2010-- $21,320 -11.6%
2009-- $24,120 -7.4%
2008-- $26,050 +12.5%
2007-- $23,150 +41.2%
2006-- $16,400
2005-- $16,400 +10.8%
2004-- $14,800
2003-- $14,800 +6.1%
2002-- $13,950
Find assessor info on the county website

Monthly payment

Est. payment
$3,484/mo
Principal & interest
$3279
Property taxes
$205
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Optimist Park SE

Nearby schools

Fuller Elementary School
Grades K-5 • 0.6 miles
7/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
7/10
Fees College Preparatory Middle School
Grades 6-8 • 0.9 miles
2/10
GreatSchools® Rating
Test Score Rating
1/10
Student Progress Rating
2/10
Marcos De Niza High School
Grades 9-12 • 1.1 miles
5/10
GreatSchools® Rating
College Readiness Rating
3/10
Student Progress Rating
7/10

Open house

  • Fri, Oct 16

    4:30 PM - 6:30 PM

    Add to calendar