8611 S 48TH Street 2, Phoenix, AZ 85044, Phoenix, 85044 - 2 bed, 2 bath
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Phoenix, AZ 85044
This Renovated Ahwatukee Townhome is a Strong Value Opportunity, listed at $299,900—positioned well below the $322,333 Fair Market Value by 6%. This valuation gap provides $22,433 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the interior features all wood flooring, custom tile work, and a modern walk-in shower. Residents enjoy a private patio with mountain views and access to top-rated Kyrene schools. This turnkey property is an ideal acquisition for Owner-Occupants seeking a resort-style lifestyle or Buy-and-Hold Investors looking for a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8611 S 48TH Street 2 Subject | $299,900* List Price | 2 | 2 | 1,015 | $295 | - |
A 4801 E EUCLID Avenue 2 Sold | $299,900 | 2 | 2 | 1,015 | $295 | 0.1 mi |
B 8638 S 51ST Street 1 Sold | $290,000 | 2 | 2 | 976 | $297 | 0.1 mi |
C 8661 S 51ST Street 1 Sold | $333,000 List Price | 2 | 2 | 976 | 0.1 mi | |
D 8642 S 51ST Street 2 Sold | $305,000 | 2 | 2 | 1,015 | $300 | 0.1 mi |
E 8642 S 51ST Street 2 Sold | $305,000 | 2 | 2 | 1,015 | $300 | 0.1 mi |
F 5023 E SIESTA Drive 2 Sold | $375,000 List Price | 2 | 2 | 1,050 | 0.2 mi | |
G 5002 E HAZEL Drive 2 Active | $297,000 List Price | 2 | 2 | 1,015 | $293 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1983, the property has undergone an extensive recent renovation that brings it to modern standards. Key features include new wood flooring throughout the main living areas, custom tile work and a modern walk-in shower in the bathroom, a skylight, and fresh custom interior paint. The property is move-in ready with high-quality finishes and no visible deferred maintenance.
The home features high-quality updates including wood flooring throughout the main level, custom tile work, a walk-in shower with a skylight, and fresh interior paint, offering a move-in-ready experience.
Perfectly situated for outdoor enthusiasts, the property is within walking distance to South Mountain hiking trails, the Arizona Grand golf course, and four community pools and spas.
The private backyard includes a pergola and patio that opens directly onto a scenic greenbelt with mountain views, providing an enhanced sense of space and tranquility.
The monthly HOA fee of $513 is relatively high for a 1,015-square-foot townhouse, which may impact the monthly carrying costs and overall affordability for some buyers.
With only 1.5 bathrooms, the lack of a second full bath upstairs may be a disadvantage for households requiring more privacy or convenience in a multi-bedroom home.
Beautifully renovated 2-bedroom 1.5 bath townhome offers you cozy and comfortable living space. This home features all wood flooring in the living room, dining and kitchen area, Upstairs bath has custom tile floor and a walk-in shower. There is a skylight in this main bath. The half bath is located downstairs adjacent to the living room. Custom interior paint throughout. Home is well maintained. Enjoy the backyard pergola and patio open to the greenbelt. This home is within walking distance to one of the 4 pools and spas in the community. Feel like hiking? Enjoy the South Mountain trails and close to the Arizona Grand golf course, and conveniently close to shopping and freeway access.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 2.4 mi
Grades 6-8 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,015 | - |
| Lot Size | 1,843 | - |
| Price | $299.9K | $341.8K |
| Price per sq ft | $295 | $259 |
| Built year | 1983 | 0 |
| HOA | $513 | $0 |
| Days on market | 167 | 1211 |
Feb 5, 2026
$299,900
Initial Listing