NOT LISTED FOR SALE

8616 N 48th Ln Glendale, AZ 85302

Estimated Value: $466,000 - $518,000

4 Beds
2 Baths
2,265 Sq Ft
$221/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $165,000 $73 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $2,870/month

9 Days on Market

Highlights

  • RV Gated
  • Family Room with Fireplace
  • Santa Fe Architecture
  • 0.27 Acre Lot
  • Vaulted Ceiling
  • 2-minute walk to Horizon Park

About This Home

As of November 2014

Handyman SPECIAL, 2346 sq ft single story, brick strong home in a quiet culdesac adjacent to beautiful New World Park. Wholesale priced to flip, or flip hold (5.8% cap rate potential investment on 1,200mnth rent)
No HOA and RV gate with HUGE side yard for toys
Needs new Carpet and Paint, and home is listed in AS IS condition. Cash offers are best.

Last Agent to Sell the Property

Rachelle Fait

EPIC Home Realty License #SA652327000 Listed on: 09/23/2014

Last Buyer's Agent

Stephen Gomez

My Home Group Real Estate License #BR644548000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,443

Year Built

  • Built in 1978

Lot Details

  • 0.27 Acre Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • RV Gated

Home Design

  • Santa Fe Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Stone Exterior Construction

Interior Spaces

  • 2,265 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Two Way Fireplace
  • Solar Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Bar

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Horizon Elementary And Middle School
  • Apollo High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Golden Palms Estates Subdivision

Listing and Financial Details

  • Tax Lot 280
  • Assessor Parcel Number 148-09-483

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,443

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 47th Ave and Olive
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2013
  • Directions: 47th Ave S of Olive to Diana, then west to 48th ln., then N. to property in culdesac.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: Golden Palms Estates
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 2265.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Two Way Fireplace: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Desert Front, Cul-De-Sac, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Other (See Remarks)
  • Construction Type: Stone, Brick
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: 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: 11670.0
  • Parcel #: 148-09-483
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1443.0
  • Tax Book Number: 148.00
  • Tax Lot: 280
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Trujillo Karen and Gomez Stephen F
Bought by
Gomez Frank V and Gomez Mary C
Current Estimated Value
$500,533

Purchase Details

Closed on
Feb 11, 2016
Sold by
Trujillo Karen
Bought by
Trujillo Karen and Gomez Stephen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2014
Closed on
Nov 3, 2014
Sold by
Jet Investment Group Llc
Bought by
Trujillo Karen
Seller's Agent
Rachelle Fait
EPIC Home Realty
Buyer's Agent
Stephen Gomez
My Home Group Real Estate
List Price
$162,000
Sold Price
$165,000
Premium/Discount to List
$3,000
1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$162,011
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 23, 2014
Closed on
Sep 18, 2014
Sold by
Ruble Jonathan
Bought by
Jet Investment Group Llc
Seller's Agent
Rachelle Fait
EPIC Home Realty
Buyer's Agent
Stephen Gomez
My Home Group Real Estate
List Price
$162,000
Sold Price
$165,000
Premium/Discount to List
$3,000
1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
4.17%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Gomez Frank V $500,000 Clear Title Agency Of Arizona
Trujillo Karen -- Dhi Title Agency
Trujillo Karen $165,000 Grand Canyon Title Agency In
Jet Investment Group Llc $145,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trujillo Karen $164,250
Previous Owner Trujillo Karen $162,011
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2014 11/14/14 Sold $165,000 +1.9% $73 / Sq Ft
09/23/2014 09/23/14 For Sale $162,000 +11.7% $72 / Sq Ft
09/19/2014 09/19/14 Sold $145,000 -8.8% $62 / Sq Ft
09/13/2014 09/13/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $159,000 -- $68 / 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 $2,596 $21,939 -- --
2024 $2,354 $20,895 -- --
2023 $2,354 $36,270 $7,250 $29,020
2022 $2,341 $26,180 $5,230 $20,950
2021 $2,331 $24,920 $4,980 $19,940
2020 $2,359 $25,370 $5,070 $20,300
2019 $2,335 $23,420 $4,680 $18,740
2018 $2,239 $21,070 $4,210 $16,860
2017 $1,724 $16,850 $3,370 $13,480
2016 $1,636 $15,560 $3,110 $12,450
2015 $1,543 $14,930 $2,980 $11,950
Source: Public Records

Agents Affiliated with this Home

  • Rachelle Fait

    Seller's Agent in 2014

    Rachelle Fait

    EPIC Home Realty

    (602) 481-1338

    3 in this area

    12 Total Sales

    Rachelle Fait
    Section Image
  • Scott Harris

    Seller's Agent in 2014

    Scott Harris

    Realty One Group

    (623) 252-1339

    3 in this area

    51 Total Sales

    Scott Harris
    Section Image
  • Stephen Gomez

    Buyer's Agent in 2014

    Stephen Gomez

    My Home Group Real Estate

    (480) 570-4514

    5 in this area

    69 Total Sales

    Stephen Gomez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5175548

Arizona Regional Multiple Listing Service (ARMLS)

APN: 148-09-483

Arizona Maricopa County Glendale 85302

8616 N 48th Ln, Glendale, AZ

This home is located at 8616 N 48th Ln, Glendale, AZ 85302 since 23 September 2014 and is currently estimated at $500,533, approximately $220 per square foot. This property was built in 1978. 8616 N 48th Ln is a home located in Maricopa County with nearby schools including Horizon School, Apollo High School, and Ethos Academy - A Challenge Foundation 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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