NOT LISTED FOR SALE

1941 E Pegasus Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $394,000 - $455,940

4 Beds
2 Baths
1,819 Sq Ft
$230/Sq Ft Est. Value

Last Sold December 11, 2024

Last sale price $400,000 $220 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,372/month

35 Days on Market

Highlights

  • Above Ground Spa
  • 0.18 Acre Lot
  • Covered Patio or Porch
  • RV Access or Parking
  • No HOA
  • 2 Car Direct Access Garage

About This Home

As of December 2024

Are you in the market for a desirable Tempe address without the Tempe price?? Well look no further! This charming 4 bed/2 bath single-level home with NO HOA could be a perfect addition to a savvy investor portfolio or any buyer looking for a home remodel project to make their own. The property boasts low maintanence landscaping with a spacious backyard - paired with a soothing spa that does convey with the house. You'll enjoy an oversized family room with indoor laundry attached and large eat-in kitchen with newer shaker style cabinetry. Ample parking with a 2 car garage and RV gate. The community does offer lighted walking paths as well as a green space/park for family outings as well! Home is agressively priced for a quick sale, so this one won't last long! Vacant and easy to show.

Last Agent to Sell the Property

Jesse Brown

HomeSmart License #Sa694753000 Listed on: 10/18/2024

HomeSmart

Last Buyer's Agent

Muhammad Rahman

HomeSmart License #BR631008000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,625

Year Built

  • Built in 1973

Lot Details

  • 7,675 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,819 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Above Ground Spa
  • Covered Patio or Porch

Schools

  • Fuller Elementary School
  • FEES College Preparatory Middle School
  • Marcos De Niza High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1264
  • Assessor Parcel Number 301-01-463

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Continental Homes
  • Continental East Unit 6 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,625

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Guadalupe Rd & McClintock Dr
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Spa Private: Yes
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: CONTINENTAL EAST UNIT 6
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 219.9
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Above Ground, Private
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, No Interior Steps, Pantry, 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 1819.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Fuller Elementary School
  • High School: Marcos De Niza High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7675.0
  • Parcel #: 301-01-463

Building Info

  • Builder Name: Continental Homes

Tax Info

  • Tax Annual Amount: 1625.0
  • Tax Book Number: 301.00
  • Tax Lot: 1264
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
Islam Naila
Bought by
Naila Islam Living Trust and Islam
Current Estimated Value
$418,985

Purchase Details

Closed on
May 14, 2025
Sold by
Islam Naila
Bought by
A & A Ferdous Builders Inc

Purchase Details

Listed on
Oct 18, 2024
Closed on
Nov 26, 2024
Sold by
Jeanette A Mckenna Trust and Arellano Stephanie Mckenna
Bought by
Islam Naila
Seller's Agent
Jesse Brown
HomeSmart
Buyer's Agent
Muhammad Rahman
HomeSmart
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Oct 24, 2013
Sold by
Shepard Matthew and Shepard Cynthia
Bought by
Mckenna Jeanette A and The Jeanette A Mckenna Trust

Purchase Details

Closed on
Feb 6, 2008
Sold by
Mckenna Jeanette Ann
Bought by
Mckenna Jeanette A and Jeanette A Mckenna Trust

Purchase Details

Closed on
Feb 22, 2006
Sold by
Rueger William C and Rueger Catherine
Bought by
Mckenna Jeanette Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2001
Sold by
Witowski Catherine
Bought by
Rueger William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,898
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 1999
Sold by
Witowski Kurt
Bought by
Witowski Catherine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Naila Islam Living Trust -- None Listed On Document
A & A Ferdous Builders Inc -- None Listed On Document
Islam Naila $400,000 First American Title Insurance
Islam Naila $400,000 First American Title Insurance
Mckenna Jeanette A -- None Available
Mckenna Jeanette A -- None Available
Mckenna Jeanette Ann $280,000 First American Title Ins Co
Rueger William C $136,000 Century Title Agency
Witowski Catherine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckenna Jeanette Ann $224,000
Previous Owner Rueger William C $133,898
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Sold $400,000 -5.9% $220 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $425,000 0.0% $234 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $425,000 -- $234 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,011 $16,782 -- --
2024 $1,605 $15,982 -- --
2023 $1,605 $32,880 $6,570 $26,310
2022 $1,533 $24,130 $4,820 $19,310
2021 $1,563 $21,670 $4,330 $17,340
2020 $1,511 $19,570 $3,910 $15,660
2019 $1,482 $18,000 $3,600 $14,400
2018 $1,443 $16,350 $3,270 $13,080
2017 $1,398 $15,150 $3,030 $12,120
2016 $1,391 $14,400 $2,880 $11,520
2015 $1,345 $12,750 $2,550 $10,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jesse Brown

    HomeSmart

    (480) 269-6060

    2 in this area

    41 Total Sales

    Jesse Brown
    Section Image

  • M

    Buyer's Agent in 2024

    Muhammad Rahman

    HomeSmart

    (480) 285-3660

    1 in this area

    10 Total Sales

    Muhammad Rahman
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6778844

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-01-463

Arizona Maricopa County Tempe 85283 The Lakes

1941 E Pegasus Dr, Tempe, AZ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes