NOT LISTED FOR SALE

409 E Pegasus Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $476,000 - $487,000

4 Beds
2 Baths
1,388 Sq Ft
$346/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $377,000 $272 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,699/month

12 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Eat-In Kitchen
  • Granite Countertops
  • Covered Patio or Porch
  • Stone Flooring

About This Home

As of February 2021

Fantastic 4 bed/2 bath ranch style home available in Tempe. Great location, steps from Kiwanis Park, shopping, dining and easy access to freeways. Must see interior is sure to impress with tasteful upgrades and a spacious, open concept floorplan. Making it ideal for entertaining. Kitchen boasts stainless steel appliances, granite countertops, a stylish tile backsplash and large windows for an abundance of natural light,. Master retreat includes private en suite with tiled shower. Beautiful backyard oasis is complete with a covered patio and a sparkling fenced pool. Its the perfect spot to enjoy Arizona outdoors. This gem has it all. Schedule your showing today and make it yours!

Last Agent to Sell the Property

Ryan Johnson

Realty ONE Group License #SA669755000 Listed on: 01/14/2021

Last Buyer's Agent

Jennifer A Slack

Jason Mitchell Real Estate License #SA678105000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,982

Year Built

  • Built in 1973

Lot Details

  • 6,826 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,388 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • College Park Unit 4 Subdivision

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number 301-81-077

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,982

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Rural and Guadalupe
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2020
  • Directions: From Rural, go W on Guadalupe, R on La Rosa Dr, L on Pegasus. Home is on L.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: COLLEGE PARK UNIT 4
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • 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: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1388.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Aguila 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: 6826.0
  • Parcel #: 301-81-077

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1982.0
  • Tax Book Number: 301.00
  • Tax Lot: 74
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Sorensen Brian K
Bought by
Brian K Sorensen Living Trust
Current Estimated Value
$480,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$30,690
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$453,653

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 23, 2021
Sold by
Smith Raymond
Bought by
Sorensen Brian
Seller's Agent
Ryan Johnson
Realty ONE Group
Buyer's Agent
Jennifer A Slack
Jason Mitchell Real Estate
List Price
$377,000
Sold Price
$377,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$390,572
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Listed on
Apr 1, 2015
Closed on
Jun 30, 2015
Sold by
Sterling Properties 1 Llc
Bought by
Smith Raymond
Seller's Agent
James Lason
Balboa Realty, LLC
Buyer's Agent
Nicasio Bacani, III
Good Company Real Estate
List Price
$229,900
Sold Price
$229,000
Premium/Discount to List
-$900
-0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
Original Mortgage
$217,550
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2014
Closed on
Feb 9, 2015
Sold by
Fannie Mae
Bought by
Sterling Properties 1 Llc
Seller's Agent
Clay Strawn
Legion Realty
Buyer's Agent
James Lason
Balboa Realty, LLC
List Price
$150,000
Sold Price
$151,500
Premium/Discount to List
$1,500
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
180.90%
Original Mortgage
$130,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2014
Sold by
Santiago Linda
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Brian K Sorensen Living Trust -- New Title Company Name
Sorensen Brian $377,000 New Title Company Name
Smith Raymond $229,000 Great American Title Agency
Sterling Properties 1 Llc $151,500 Great Amer Title Agency Inc
Federal National Mortgage Association $183,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sorensen Brian $390,572
Previous Owner Smith Raymond $217,550
Previous Owner Sterling Properties 1 Llc $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2023 05/20/23 Off Market $377,000 -- --
02/25/2021 02/25/21 Sold $377,000 0.0% $272 / Sq Ft
01/14/2021 01/14/21 For Sale $377,000 +64.6% $272 / Sq Ft
07/10/2015 07/10/15 Sold $229,000 -0.4% $165 / Sq Ft
07/09/2015 07/09/15 Price Changed $229,900 0.0% $166 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $229,900 0.0% $166 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
04/24/2015 04/24/15 Price Changed $229,900 -3.9% $166 / Sq Ft
04/24/2015 04/24/15 Price Changed $239,200 0.0% $172 / Sq Ft
04/17/2015 04/17/15 Price Changed $239,300 -0.2% $172 / Sq Ft
04/06/2015 04/06/15 Price Changed $239,800 0.0% $173 / Sq Ft
04/01/2015 04/01/15 For Sale $239,900 +58.3% $173 / Sq Ft
02/13/2015 02/13/15 Sold $151,500 +1.0% $109 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $150,000 0.0% $108 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $150,000 0.0% $108 / Sq Ft
01/02/2015 01/02/15 Pending -- -- --
12/19/2014 12/19/14 For Sale $150,000 -- $108 / 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 $1,811 $19,122 -- --
2024 $1,829 $18,211 -- --
2023 $1,829 $34,020 $6,800 $27,220
2022 $1,747 $25,470 $5,090 $20,380
2021 $1,781 $23,010 $4,600 $18,410
2020 $1,982 $20,170 $4,030 $16,140
2019 $1,944 $19,380 $3,870 $15,510
2018 $1,644 $17,480 $3,490 $13,990
2017 $1,592 $15,820 $3,160 $12,660
2016 $1,585 $15,070 $3,010 $12,060
2015 $1,754 $13,420 $2,680 $10,740
Source: Public Records

Agents Affiliated with this Home

  • Ryan Johnson

    Seller's Agent in 2021

    Ryan Johnson

    Realty One Group

    (480) 688-2696

    2 in this area

    93 Total Sales

    Ryan Johnson
    Section Image

  • J

    Buyer's Agent in 2021

    Jennifer A Slack

    Jason Mitchell Real Estate

    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Jason Mitchell

    Jason Mitchell Real Estate

    Section Image

  • J

    Seller's Agent in 2015

    James Lason

    Balboa Realty, LLC

    (480) 370-7997

    51 Total Sales

    James Lason
    Section Image
  • Clay Strawn

    Seller's Agent in 2015

    Clay Strawn

    Legion Realty

    (602) 810-1561

    155 Total Sales

    Clay Strawn
    Section Image
  • Nicasio Bacani, III

    Buyer's Agent in 2015

    Nicasio Bacani, III

    Good Company Real Estate

    (480) 650-2824

    90 Total Sales

    Nicasio Bacani, III
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6180888

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-81-077

Arizona Maricopa County Tempe 85283 The Lakes

409 E Pegasus Dr, Tempe, AZ

This home is located at 409 E Pegasus Dr, Tempe, AZ 85283 since 14 January 2021 and is currently estimated at $480,685, approximately $346 per square foot. This property was built in 1973. 409 E Pegasus Dr is a home located in Maricopa County with nearby schools including Aguilar Elementary School, Fees College Preparatory Middle School, and Marcos De Niza High School.

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

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