$360,000
SOLD MAY 2, 2025

1616 N 48th Ln Phoenix, AZ 85035

Maryvale Neighborhood
4 Beds
2 Baths
1,469 Sq Ft
6,064 Sq Ft Lot

Recently Sold

$245 Per Sq Ft

6% Above List Price

41 Days on Market

Highlights

  • RV Gated
  • Corner Lot
  • No HOA
  • Phoenix Coding Academy Rated A
  • Private Yard
  • Eat-In Kitchen

About This Home

As of May 2025

Welcome to this beautifully renovated 4 bedroom, 2 bath home, featuring two versatile bonus areas perfect for a home office, playroom or extra living space! Freshly painted inside and out,, this home also boasts brand new windows, updated kitchen and stainless steel appliances.Enjoy the convenience of an RV gate and a spacious lot, all with NO HOA restrictions! Located just minutes from shopping centers, dining, and entertainment. This property is ideal for first time home buyers, investors, or anyone looking for an affordable home listed under $380,000! Move in ready and full of potential, come take a tour to see this home today!

Last Agent to Sell the Property

Kim Martinez

eXp Realty License #SA691620000 Listed on: 01/31/2025

eXp Realty

Co-Listed By

Celeste Martinez

eXp Realty License #SA707594000

Last Buyer's Agent

Martin Lopez Marquez

Realty ONE Group License #SA685920000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1971

Lot Details

  • 6,064 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Private Yard

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,469 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Floors Updated in 2025

Kitchen

  • Kitchen Updated in 2025
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom Updated in 2025
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 2 Carport Spaces
  • RV Gated
  • Unassigned Parking

Schools

  • Joseph Zito Elementary School
  • Isaac Middle School
  • Maryvale High School

Utilities

  • Mini Split Air Conditioners
  • Central Air
  • Heating System Uses Natural Gas
  • Plumbing System Updated in 2025

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Wedgewood Park 8 Subdivision

Listing and Financial Details

  • Legal Lot and Block 149 / 2011
  • Assessor Parcel Number 103-20-668

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,607

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: McDowell Rd / N. 48th Lane
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Bathrooms Year Updated: 2025
  • Items Updated Floor Yr Updated: 2025
  • Items Updated Kitchen Yr Updated: 2025
  • Items Updated Plmbg Yr Updated: 2025
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1971
  • Tax Year: 2024
  • Directions: Head East on Mcdowell, turn Left on N 48th Lane, pass Alameria Rd it's the second home on the Left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: xpre18
  • Co List Office Phone: 480-722-9800
  • Subdivision Name: WEDGEWOOD PARK 8
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 1469.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Corner Lot, Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: City Light View(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Other Structures: Gazebo
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Unassigned, RV Gate
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Mini Split
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • 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: Joseph Zito Elementary School
  • High School: Maryvale High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Isaac Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6064.0
  • Parcel #: 103-20-668

Building Info

  • Builder Name: Na

Tax Info

  • Tax Annual Amount: 1607.0
  • Tax Block: 2011
  • Tax Book Number: 103.00
  • Tax Lot: 149
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Apr 12, 2025
Sold by
Anchondo Amanda M
Bought by
Felix Alejandra Guadalupe Bo
Seller's Agent
Kim Martinez
eXp Realty
Buyer's Agent
Martin Lopez Marquez
Realty ONE Group
List Price
$338,828
Sold Price
$360,000
Premium/Discount to List
$21,172
6.25%
Total Days on Market
41
Views
1776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%
Original Mortgage
$339,500
Outstanding Balance
$339,203
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$25,642

Purchase Details

Closed on
Jan 6, 2024
Sold by
Rodriguez Jose M
Bought by
Rodriguez Jose M and Anchondo Amanda M
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $350,000 American Title Service Agency
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $339,500 New Conventional
Previous Owner $110,000 New Conventional
Previous Owner $116,300 Unknown
Previous Owner $75,000 Stand Alone Second
Previous Owner $47,250 Stand Alone Second
Previous Owner $20,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $360,000 -2.7% $245 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
02/22/2025 02/22/25 Price Changed $369,898 0.0% $252 / Sq Ft
02/19/2025 02/19/25 Price Changed $369,899 -1.6% $252 / Sq Ft
01/31/2025 01/31/25 Price Changed $375,838 +10.9% $256 / Sq Ft
01/31/2025 01/31/25 For Sale $338,828 -- $231 / 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 $1,607 $10,816 -- --
2024 $868 $10,301 -- --
2023 $868 $21,680 $4,330 $17,350
2022 $375 $6,550 $1,310 $5,240
2021 $390 $14,370 $2,870 $11,500
2020 $412 $13,030 $2,600 $10,430
2019 $401 $11,210 $2,240 $8,970
2018 $0 $6,550 $1,310 $5,240
2017 $0 $7,360 $1,470 $5,890
2016 $0 $6,550 $1,310 $5,240
2015 -- $6,550 $1,310 $5,240
Source: Public Records

Agents Affiliated with this Home

  • Kim Martinez

    Seller's Agent in 2025

    Kim Martinez

    eXp Realty

    (480) 722-9800

    1 in this area

    28 Total Sales

    Kim Martinez
    Section Image

  • C

    Seller Co-Listing Agent in 2025

    Celeste Martinez

    eXp Realty

    (480) 942-9188

    1 in this area

    11 Total Sales

    Celeste Martinez
    Section Image

  • M

    Buyer's Agent in 2025

    Martin Lopez Marquez

    Realty One Group

    (602) 628-5576

    3 in this area

    61 Total Sales

    Martin Lopez Marquez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6812623

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-20-668

Arizona Maricopa County Phoenix 85035 Maryvale

1616 N 48th Ln, Phoenix, AZ

This home is located at 1616 N 48th Ln, Phoenix, AZ 85035 and is currently priced at $360,000, approximately $245 per square foot. This property was built in 1971. 1616 N 48th Ln is a home located in Maricopa County with nearby schools including Joseph Zito Elementary School, Maryvale High School, and Phoenix Coding Academy.

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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