$265,000
SOLD JUL 25, 2025

8039 N 48th Ave Glendale, AZ 85302

2 Beds
2.5 Baths
1,246 Sq Ft
$264/mo HOA Fee

Recently Sold

$213 Per Sq Ft

4% Below List Price

138 Days on Market

Highlights

  • Vaulted Ceiling
  • Corner Lot
  • Patio
  • End Unit
  • Community Pool
  • Tile Flooring

About This Home

As of July 2025

A home in Terrace Green doesn't come on the market very often, making this a great chance to own a beautiful property. This lovely community is surrounded by lush green grass and trees, creating a peaceful atmosphere. The house has a spacious layout with two large bedrooms, both featuring roomy walk-in closets and their own bathrooms. There's also an extra half bathroom on the main level. This home is perfect for a small family, friends living together, or even as an investment. One of the best things about this unit is that it sits on one of the biggest lots in the neighborhood, tucked away on a private corner—offering extra space and privacy. Plus, residents can enjoy a community pool, which makes summers feel like a mini-vacation! The homeowners association takes care of the pool upkeep, along with water, sewer, trash, and roof maintenance, allowing you to relax and enjoy life without worrying about these details. There's so much to love about this home; it's definitely worth considering!

Last Agent to Sell the Property

Kevin Dempsey

Dempsey Group Realty Brokerage Email: kevin@dempseyaz.com License #BR558415000 Listed on: 01/25/2025

Last Buyer's Agent

Davyon Duhart

Keller Williams Northeast Realty License #SA690760000

Keller Williams Northeast Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $572

Year Built

  • Built in 1983

Lot Details

  • 196 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

  • $264 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,246 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Horizon Elementary And Middle School
  • Apollo High School

Utilities

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

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 148-12-589

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Prm Association, Phone Number (623) 974-8585
  • Terrace Green Subdivision

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$572

Year Built

Built in 1983

Lot Details

0

HOA Fees

$264 per month

Listing Details

  • Cross Street: 51st Ave and Northern
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 264.0
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2024
  • Directions: East on Northern to 48TH Dr, Go North enter into Terrace green make the first right and circle around to 48th ave and unit is on the right hand side. Parking space #21.
  • Attribution Contact: kevin@dempseyaz.com
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: TERRACE GREEN
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 264.0
  • 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: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Upstairs, Vaulted Ceiling(s), Full Bth Master Bdrm, Laminate Counters
  • Living Area: 1246.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Spa Htd
  • Association Fee: 264.0
  • Association Fee Frequency: Monthly
  • Association Name: Terrace Green HOA
  • Phone: 623-974-8585
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 125.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Terrace Green HOA
  • Association Fees:HOA Telephone4: 623-974-8585
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 528.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 100.0
  • Association Fees:Other Fees Description: Inspection Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: PRM
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Horizon School
  • High School: Apollo High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Horizon School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 196.0
  • Parcel #: 148-12-589

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 572.0
  • Tax Book Number: 148.00
  • Tax Lot: 21
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Jun 30, 2025
Sold by
Cramer Lynette and Cramer Lynnette
Bought by
Malone Karizma
Seller's Agent
Kevin Dempsey
Dempsey Group Realty
Buyer's Agent
Davyon Duhart
Keller Williams Northeast Realty
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.66%
Original Mortgage
$9,275
Outstanding Balance
$8,991
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$253,870

Purchase Details

Listed on
Mar 5, 2016
Closed on
Apr 27, 2016
Sold by
My Phoenix Holdings Llc
Bought by
Cramer Lynette
Seller's Agent
Michael Youwanes
West USA Realty
Buyer's Agent
Denise Strohacker
HomeSmart
List Price
$109,900
Sold Price
$109,000
Premium/Discount to List
-$900
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$107,025
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2011
Sold by
Robbins Bonnie
Bought by
My Phoenix Holdings Llc

Purchase Details

Closed on
May 12, 2006
Sold by
Kwok H Helene
Bought by
Robbins Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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 $265,000 Magnus Title Agency
Warranty Deed $109,000 Security Title Agency Inc
Trustee Deed $28,300 None Available
Warranty Deed $160,000 The Talon Group Kierland
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,275 New Conventional
Open $260,200 FHA
Previous Owner $107,025 FHA
Previous Owner $128,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $265,000 0.0% $213 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $265,000 -3.6% $213 / Sq Ft
05/22/2025 05/22/25 For Sale $275,000 0.0% $221 / Sq Ft
03/29/2025 03/29/25 Pending -- -- --
02/26/2025 02/26/25 Price Changed $275,000 -3.5% $221 / Sq Ft
02/05/2025 02/05/25 Price Changed $285,000 -4.8% $229 / Sq Ft
01/25/2025 01/25/25 For Sale $299,500 +174.8% $240 / Sq Ft
04/29/2016 04/29/16 Sold $109,000 -0.8% $87 / Sq Ft
04/28/2016 04/28/16 For Sale $109,900 0.0% $88 / Sq Ft
04/28/2016 04/28/16 Price Changed $109,900 0.0% $88 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/18/2016 03/18/16 Pending -- -- --
03/05/2016 03/05/16 For Sale $109,900 -- $88 / 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 $572 $4,836 -- --
2024 $519 $4,606 -- --
2023 $519 $16,870 $3,370 $13,500
2022 $516 $13,100 $2,620 $10,480
2021 $514 $12,610 $2,520 $10,090
2020 $520 $10,780 $2,150 $8,630
2019 $515 $9,860 $1,970 $7,890
2018 $494 $8,070 $1,610 $6,460
2017 $501 $6,730 $1,340 $5,390
2016 $475 $5,860 $1,170 $4,690
2015 $493 $5,420 $1,080 $4,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6810290

Arizona Regional Multiple Listing Service (ARMLS)

APN: 148-12-589