$205,000
$5K PRICE DROP

1616 N 63rd Ave Unit 48 Phoenix, AZ 85035

Estimated payment $1,215/month

Total Views 2,273
2 Beds
1 Bath
700 Sq Ft
$293 Price per Sq Ft

Highlights

  • Double Pane Windows
  • Cooling Available
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Bike Trail

About This Home

WOW! Turnkey Investor Special - Immediate Cash Flow! This beautifully updated 2-bedroom, 1-bath Phoenix townhouse is tenant-occupied and producing rental income from day one—perfect for any savvy investor. Featuring vaulted ceilings, all-tile flooring, fresh interior paint, a spacious kitchen, and a seamless open-concept layout, this home offers comfort and style throughout. Oversized bedrooms provide plenty of living space, while a private backyard courtyard with rear access parking and extra storage adds convenience and privacy. Located in a quiet, well-maintained community with tranquil walking paths and close to schools, shopping, dining, and major freeways, this low-maintenance property is a smart investment in a prime location. Don't miss out.

Listing Agent

Ivan Mendoza

HomeSmart License #SA580730000 Listed on: 10/21/2025

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $306

Year Built

  • Built in 1982

Lot Details

  • 1,821 Sq Ft Lot

HOA Fees

  • $114 Monthly HOA Fees

Parking

  • 1 Open Parking Space

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Cartwright Elementary School
  • Estrella Middle School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 103-12-609

Community Details

Overview

  • Association fees include front yard maint, maintenance exterior
  • Cypress Gardens Association, Phone Number (623) 691-0567
  • Cypress Gardens Subdivision

Recreation

  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$306

Year Built

Built in 1982

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Cross Street: W McDowell Rd & N 63rd Ave
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 114.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1982
  • Tax Year: 2024
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.04
  • Subdivision Name: CYPRESS GARDENS
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 292.86
  • Association Fees:HOA Fee2: 114.0
  • Cooling:Ceiling Fan(s): Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 700.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Lot Features: Dirt Front
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Fee: 114.0
  • Association Fee Frequency: Monthly
  • Association Name: CYPRESS GARDENS
  • Phone: 623-691-0567
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 325.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: CYPRESS GARDENS
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes

Fee Information

  • Association Fee Includes: Front Yard Maint, Maintenance Exterior

Schools

  • Elementary School: Cartwright School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Estrella Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1821.0
  • Parcel #: 103-12-609

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 306.0
  • Tax Book Number: 103.00
  • Tax Lot: 48
  • Tax Map Number: 12.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $314 $1,796 -- --
2024 $313 $1,710 -- --
2023 $313 $9,500 $1,900 $7,600
2022 $295 $6,950 $1,390 $5,560
2021 $298 $5,860 $1,170 $4,690
2020 $283 $5,270 $1,050 $4,220
2019 $271 $4,660 $930 $3,730
2018 $281 $3,180 $630 $2,550
2017 $272 $2,680 $530 $2,150
2016 $260 $2,200 $440 $1,760
2015 $243 $2,230 $440 $1,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 Price Changed $205,000 -2.4% $293 / Sq Ft
10/21/2025 10/21/25 For Sale $210,000 +85.8% $300 / Sq Ft
04/26/2021 04/26/21 Sold $113,000 +0.4% $161 / Sq Ft View Prior Sale
04/15/2021 04/15/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $112,500 +116.3% $161 / Sq Ft
03/30/2017 03/30/17 Sold $52,000 -3.7% $74 / Sq Ft View Prior Sale
03/06/2017 03/06/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $54,000 -- $77 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $113,000 Security Title
Warranty Deed $71,000 Security Title Agency Inc
Warranty Deed $50,000 Security Title Agency
Cash Sale Deed $12,500 Guaranty Title Agency
Quit Claim Deed -- Guaranty Title Agency
Corporate Deed -- First American Title
Trustee Deed $16,500 First American Title
Joint Tenancy Deed $28,500 Security Title Agency
Warranty Deed $26,500 Security Title Agency
Interfamily Deed Transfer -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $78,000 Commercial
Previous Owner $25,650 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6936704

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-12-609