16620 S 48TH Street 36, Phoenix, AZ 85048, Phoenix, 85048 - 3 bed, 2 bath
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Phoenix, AZ 85048
This Residential Townhouse represents a High-Potential Investment Opportunity, listed at $365,000—positioned well above the $313,358 Fair Market Value by 16%. While the property requires a premium, it offers a Fair Condition Rating with significant upside through cosmetic modernization of its Granite Kitchen and original finishes. The expansive 7,120 sqft lot provides rare outdoor versatility near top-rated schools like Desert Vista High School. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused home with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16620 S 48TH Street 36 Subject | $365,000* List Price | 3 | 2 | 1,195 | $262 | - |
A 16620 S 48TH Street 96 Sold | $350,000 | 3 | 2 | 1,195 | $293 | 0.1 mi |
B 16620 S 48TH Street 96 Sold | $350,000 | 3 | 2 | 1,195 | $293 | 0.1 mi |
C 16620 S 48TH Street 80 Active | $365,000 List Price | 2 | 2 | 1,116 | $327 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old, placing it in the 'Fair' category. While very well-maintained and move-in ready, the interior features dated 2000s-era finishes, including granite tile countertops and original oak-style cabinetry in the kitchen and bathrooms.
Boasting one of the largest lots in the community at 7,120 sqft, this property offers rare outdoor versatility with enough space to accommodate a private pool, spa, or outdoor kitchen.
The home is perfectly situated within walking distance to Phoenix Pecos Park's extensive sports and fitness facilities, while offering easy freeway access and proximity to top-rated schools.
Cathedral ceilings in the kitchen and great room, combined with a private primary suite exit and an open-concept layout, create a bright and airy living environment.
At 1,195 square feet for a three-bedroom configuration, the individual room sizes and secondary living spaces may feel tight for larger families or those requiring substantial storage.
The presence of granite tile countertops and 2005-era design elements suggests the home may require cosmetic modernizing to compete with newer or fully renovated properties in the area.
Wonderful Home With One Of The Largest Lots In The Community. This Home Has A Large Great Room Open To The Kitchen With Breakfast Nook Looking Out To Lush Yard And Covered Patio. Kitchen Has Breakfast Bar Island And Plenty Of Counter Space With Granite Tile Counters, Newer Smooth Top Range, Built In Microwave And Side By Side Refrigerator With Water And Ice In The Door. The Cathedral Ceilings In Kitchen And Great Room Bring An Expansive Open Feel. The Large Primary Suite Has A Private Exit To The Covered Patio. A Walk In Closet, Large Shower And Vanity Complete This Very Private Separated Bedroom From The Additional Bedrooms, Two Car Garage And Inside Laundry Makes This The Perfect Opportunity. Community Pool And Amazing Proximity To Parks, Shopping, Restaurants With Easy Freeway Access. This Property Offers Peace Of Mind With A Newer HVAC Condencer And Air Handler With The Newer Freon Installed In 2022. This Property Also Has Incredible Space For Your Furry Friends To Run And Exercise Within The Large Privately Fenced Back Yard. Community Features Greenbelts, Walk Ways And Ample Parking For Family And Guests. Phoenix Pecos Park Is A Short Walk To Pickleball, Tennis, Volleyball, Sports Fields, Aquatic Center And Amazing Community Center Which Includes A Gym And Fitness Room. There Are Also Picnic Areas, Playgrounds And A Dog Park. In Addition To The Close Proximity To All These Wonderful Amenities This Yard Can Easily Accommodate Your Own Private Pool, Spa, Putting Green And A Ramada With An Outdoor Kitchen and BBQ.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,195 | 1,195 | 50% |
| Lot Size | 7,120 | 3,242 | 88% |
| Price | $365.0K | $357.5K | 50% |
| Price per sq ft | $305 | $283 | 75% |
| Built year | 2005 | 2004 | 63% |
| HOA | $155 | $215 | 38% |
| Days on market | 23 | 232 | 13% |
May 22, 2026
$365,000
Initial Listing