NOT LISTED FOR SALE

8801 S 48th St Unit 3 Phoenix, AZ 85044

Ahwatukee Neighborhood

Estimated Value: $319,000 - $328,000

2 Beds
1.5 Baths
1,060 Sq Ft
$306/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $184,000 $174 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,085/month

110 Days on Market

Highlights

  • Golf Course Community
  • Eat-In Kitchen
  • Tile Flooring
  • Heated Community Pool
  • Patio
  • Central Air

About This Home

As of April 2019

Lock and go resort style living in the highly sought after Point South Mountain neighborhood which has 4 heated community pools/ spas and easy access to hiking/biking trails at South Mountain Park. It is adjacent to the Arizona Grand Resort which has a golf course,health club/spa,water park and other ammentities. Great location with easy access to shopping,restaurants,freeways and Sky Harbor Airport.This 2 story town home is the perfect place to live and/or use for vacation. Downstairs you will find the Kitchen,living room (with behive fireplace),inside laundry,powder room,outside storage room,carport and a nice patio to relax on. Upstairs you will find 2 bedrooms and a full bathroom. This place is a must see!

Last Agent to Sell the Property

Mark Rayment

My Home Group Real Estate License #SA546545000 Listed on: 12/05/2018

My Home Group Real Estate

Last Buyer's Agent

Emily Leon

HomeSmart License #SA669894000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1985

Lot Details

  • 1,050 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,060 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Franklin East Elementary School
  • FEES College Preparatory Middle School
  • Mountain Pointe High School

Utilities

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

Listing and Financial Details

  • Tax Lot 368
  • Assessor Parcel Number 301-13-362

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, front yard maint, maintenance exterior
  • Brown Comm Mgt Association, Phone Number (480) 539-1396
  • Built by Gosnell
  • Pointe South Mountain Unit 4 Lt 363 551 Tr A G Subdivision

Recreation

  • Golf Course Community
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,301

Year Built

Built in 1985

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Cross Street: Baseline and I-10
  • Legal Info Range: 4E
  • 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: 261.8
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2018
  • Directions: W on Baseline,S on Arizona Grand Parkway,1st exit at 1st roundabout,straight through 2nd roundabout, go through gate past Rustler's Roost entrance,E into 1st driveway south of Euclid Ave
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: POINTE SOUTH MOUNTAIN UNIT 4 LT 363-551 TR A-G
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 261.8
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: 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: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar
  • Living Area: 1060.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame
  • Other Structures: Gazebo
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport 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: Golf, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Biking/Walking Path
  • Association Fee: 261.8
  • Association Fee Frequency: Monthly
  • Association Name: Pointe South Mtn
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Pointe South Mtn
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Comm Mgt
  • Association Fees:HOA Management Phone: 480-539-1396
  • 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:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Front Yard Maint, Maintenance Exterior

Schools

  • Elementary School: Franklin East Elementary School
  • High School: Mountain Pointe High School
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1050.0
  • Parcel #: 301-13-362

Building Info

  • Builder Name: Gosnell

Tax Info

  • Tax Annual Amount: 1301.0
  • Tax Book Number: 301.00
  • Tax Lot: 368
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
Apr 22, 2019
Sold by
The Sunrise Revocable Living Trust
Bought by
Lyons Carol Rashuan
Seller's Agent
Mark Rayment
My Home Group Real Estate
Buyer's Agent
Emily Leon
HomeSmart
List Price
$199,900
Sold Price
$184,000
Premium/Discount to List
-$15,900
-7.95%
Current Estimated Value
$323,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,979
Avg. Annual Appreciation
9.18%
Original Mortgage
$180,667
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2010
Sold by
Patel Rajen A
Bought by
Patel Rajen A and The Sunrise Revocable Living Trust

Purchase Details

Closed on
Mar 7, 2005
Sold by
Patel Meena
Bought by
Patel Rajen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2005
Sold by
Ranalli Lee
Bought by
Patel Rajen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2004
Sold by
Owen Denise
Bought by
Ranalli Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,800
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2004
Sold by
Ranalli Lazara
Bought by
Ranalli Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,800
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 1994
Sold by
Rossi Lanae and Melnick Lanae Rossi
Bought by
Owen Denise and Owen Denise D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,934
Interest Rate
9.2%
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
Lyons Carol Rashuan $184,000 Empire West Title Agency Llc
Patel Rajen A -- None Available
Patel Rajen A -- Tsa Title Agency
Patel Rajen A $151,000 Tsa Title Agency
Ranalli Lee $131,800 Guaranty Title Agency
Ranalli Lee -- --
Owen Denise $63,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Carol Rashuan $180,667
Previous Owner Patel Rajen A $135,900
Previous Owner Patel Rajen A $135,900
Previous Owner Ranalli Lee $97,800
Previous Owner Ranalli Lee $97,800
Previous Owner Owen Denise $62,934
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Sold $184,000 -2.1% $174 / Sq Ft
03/07/2019 03/07/19 Price Changed $188,000 -5.0% $177 / Sq Ft
02/22/2019 02/22/19 Price Changed $197,900 -0.5% $187 / Sq Ft
12/14/2018 12/14/18 Price Changed $198,900 -0.5% $188 / Sq Ft
12/05/2018 12/05/18 For Sale $199,900 0.0% $189 / Sq Ft
02/16/2013 02/16/13 Rented $895 -25.4% --
02/15/2013 02/15/13 Under Contract -- -- --
11/28/2012 11/28/12 For Rent $1,200 -- --
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 $1,266 $14,204 -- --
2024 $1,319 $13,528 -- --
2023 $1,319 $23,620 $4,720 $18,900
2022 $1,265 $18,410 $3,680 $14,730
2021 $1,294 $16,930 $3,380 $13,550
2020 $1,250 $15,500 $3,100 $12,400
2019 $1,226 $14,030 $2,800 $11,230
2018 $1,380 $13,660 $2,730 $10,930
2017 $1,334 $12,680 $2,530 $10,150
2016 $1,324 $11,870 $2,370 $9,500
2015 $1,242 $11,010 $2,200 $8,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5854225

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-13-362