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1987 East Pegasus Drive

1987 East Pegasus Drive, Tempe, AZ 85283
Property in Optimist Park SW
Sold Mar 30, 1995
$80,000
$77,600 by Countrywide Fund
Mortgage Due Apr 01, 2025
1987 East Pegasus Drive in Tempe, AZ was first built in 1973 and is 51 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1987 East Pegasus Drive has 1,746 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,021 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of block. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. The property was last sold in Mar 1, 1995 for $80,000. That's $45.82 per sqft. 1987 East Pegasus Drive was last assessed in 2023. The total value of the property was assessed at $36,320. Specifically, the land the property is located on was valued at $7,260. While improvements on the property were assessed at a total of $29,060. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,883. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,021
  • Total Building Area: 1,746
  • Gross Building Area: 1,746
  • Building Area: 1,746
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,746
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONTINENTAL EAST UNIT 6
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CONTINENTAL EAST UNIT 6 MCR 149-02

Ownership

  • Current Owner : HERNANDEZ CECILIA P
  • Current Owner 2: HERNANDEZ JESSICA M
  • Previous Owner : SHACKELFORD VELMA G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 319904

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 14902
  • Parcel: 301-01-470
  • Lot: 1271
  • Meridian: SEC 1 TWN 1S RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.3642
  • Longitude: -111.903

    Address

  • Full Address: 1987 E Pegasus Dr
  • Address - House Number: 1987
  • Street Direction: E
  • Address - Street Name: Pegasus
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C062
  • 4-Digit Zip Code: 3236
  • Zip Code: 85283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,883
  • Tax Rate Code Area: 031600

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 504,797
  • High Value: 573,114
  • Low Value: 436,480

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $77,600
  • First Open Lien Mortgage Lender: COUNTRYWIDE FUND
  • First Open Lien Mortgage Recording Date: Mar 30, 1995
  • First Open Lien Mortgage Loan Amount: $77,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2025

    Market Valuation

  • Market Total Value: $363,200
  • Market Land Value: $72,600
  • Market Improvement Value: $290,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,320
  • Assessed Land Value: $7,260
  • Assessed Improvements Value: $29,060

    Sales

  • Current Sale Contract Date: Mar 01, 1995
  • Current Sale Recording Date: Mar 30, 1995
  • Current Sale Transaction ID: 1015907541
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 95-0173589

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE FUND
  • First Mortgage Transaction Date: Mar 30, 1995
  • First Mortgage Loan Amount: $77,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2025

About Optimist Park SW



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Frequently Asked Questions

What neighborhood is 1987 East Pegasus Drive located in?
The 1987 East Pegasus Drive is a located in the neighborhood of Optimist Park SW in Optimist Park SW, Tempe.
What is the average sales price for listings in 1987 East Pegasus Drive?
The average sales price for units in 1987 East Pegasus Drive is $0 currently.

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