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$216,770
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Property Description
Discover a highly desirable 2-bed, 1-bath end-unit townhome in the heart of Tempe-an exceptional investment opportunity offering both convenience and strong rental potential. Located near the US-60 freeway, and minutes from Arizona State University, Sky Harbor Airport, and a variety of shopping, dining, and entertainment options, this property is ideal for attracting long-term tenants. Designed for comfort and efficiency, the home features a welcoming layout with a mix of tile and carpet (installed in 2021). The kitchen includes all appliances, and washer/dryer hookups add convenience. A new water heater installed in 2021 enhances the home's efficiency. A charming French door entry leads to an intimate backyard with a covered patio, perfect for relaxation or entertaining. The home also offers ample storage space and a two-car carport for added value. Positioned in a well-maintained community, residents will enjoy a spacious greenbelt right outside the front door and a sparkling pool just steps away. With its unbeatable location and investment-friendly features, this townhome presents a turnkey opportunity for both seasoned and first-time investors.
Full Property Details
Full Property Details for 4803 S Terrace Rd
General
- Sold For: $216,770
- HOA FEE: $219/month
- Taxes: $822 (2024)
- Status: Closed
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6816263
- Added to Site: 384 day(s) ago
Interior
- Interior Features: High Speed Internet, Eat-in Kitchen
- Fireplace(s): None
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Exterior
- Exterior Features: Storage
Parking
- Parking Features: Rear Vehicle Entry, Assigned, Community Structure
Location
- County: Maricopa
- Township: 1N
- Subdivision: PARK PREMIERE TOWNHOUSES 1
- Cross Streets: Baseline & McClintock
Community
- Association: Yes
- Assoc. Name: Park Premiere
- Assoc. Fees Include: Maintenance Grounds, Front Yard Maint, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: City Water
- Utility Description: SRP
Structural Information
- Exterior Const.: Wood Frame
- Roof: Composition
- Common Walls: 1 Common Wall, End Unit
- Sq. Ft. Source: Assessor
- Year Built: 1972
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,451
- Lot Size Source: Assessor
- Lot Features: Corner Lot, Gravel/Stone Back, Grass Front
- Fencing (Description): Block
Financial Considerations
- Association Fee: $219
- Assoc Fee Freq.: Monthly
- Tax Amount: $822
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Probate Listing
- Legal Description: LOT 56 PARK PREMIERE TOWNHOUSES 1 MCR 014017
- Property ID: 133-38-269
- Range: 4E
- Section: 35
- Lot Number: 56
Listed and Sold by eXp Realty
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Schools
Schools serving 4803 S Terrace Rd
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Arredondo Elementary School 1330 East Carson Drive, Tempe, AZ 85282 | K-5 | 0.3 mi |
Connolly Middle School 2002 East Concorda Drive, Tempe, AZ 85282 | 6-8 | 2 mi |
McClintock High School 1830 East Del Rio Drive, Tempe, AZ 85282 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4803 S Terrace Rd
Date
Details
Price
Change
Source
2/28/2025
Sold
$216,770
-16.63%
MLS
2/06/2025
Listed
$260,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4803 S Terrace, Tempe, AZ 85282 (MLS# 6816263) is a Townhouse property that was sold at $216,770 on February 28, 2025. Want to learn more about 4803 S Terrace? Do you have questions about finding other Townhouse real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

