Welcome to your dream home! This beautifully remodeled condo offers the perfect blend of modern design and everyday comfort. Every inch of this space has been thoughtfully updated from brand-new flooring and fresh paint to stylish fixtures and a completely redesigned kitchen and bathrooms. You'll love the layout that flows seamlessly creating a bright, welcoming atmosphere throughout the home. Located in the heart of Tempe, you're just minutes from ASU, restaurants, shops, and major freeways making this an ideal home for professionals, students, or anyone looking for convenience and style in one place
TownhomeProperty Type
1972Year Built
1,451 sq ftLot Size
$329Est. Price/Sq.Ft.
2 spacesParking
Listed by Thomas Mastromatto• Mountain Lake Realty
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.
ARMLS #5367893
Dec 4, 2015
Listing Removed
—
Nov 30, 2015
Listed
$97,500
$123/sq ft
ARMLS #4287250
Mar 16, 2010
Sold
$62,500
$79/sq ft
Feb 18, 2010
Listing Removed
—
Oct 30, 2009
Listed
$68,500
$86/sq ft
ARMLS #4228327
Sep 19, 2009
Listing Removed
—
Aug 1, 2009
Listed
$85,000
$107/sq ft
ARMLS #2663580
Jan 5, 2007
Listing Removed
—
Nov 11, 2006
Listed
$154,900
$196/sq ft
ARMLS #2652735
Dec 1, 2006
Listing Removed
—
Nov 11, 2006
Listed
$154,900
$196/sq ft
ARMLS #2586641
Nov 10, 2006
Listing Removed
—
Aug 1, 2006
Listed
$154,900
$196/sq ft
ARMLS #1806280
May 10, 2002
Sold
$85,000
$107/sq ft
Apr 15, 2002
Listed
$82,000
$104/sq ft
Public Records
Jan 30, 1998
Sold
$57,000
$72/sq ft
Public Records
Mar 1, 1994
Sold
$40,900
$52/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$879 (+7.0%)
2024
$822 (+1.2%)
2023
$812 (+4.2%)
2022
$779 (−0.7%)
$2,740 + $10,990
$13,730
2021
$784 (+3.1%)
$2,490 + $9,980
$12,470
2020
$760 (+1.9%)
$2,190 + $8,790
$10,980
2019
$746 (+2.5%)
$1,890 + $7,590
$9,480
2018
$728 (+3.1%)
$1,890 + $7,590
$9,480
2017
$706 (+0.8%)
$1,480 + $5,930
$7,410
2016
$700 (+4.0%)
$1,290 + $5,190
$6,480
2015
$673 (+0.8%)
$1,090 + $4,360
$5,450
2014
$668 (+12.6%)
$920 + $3,690
$4,610
2013
$593 (−1.0%)
$780 + $3,120
$3,900
2012
$599 (−15.0%)
$870 + $3,480
$4,350
2011
$705 (−18.2%)
$1,200 + $4,800
$6,000
2010
$862 (−4.0%)
$1,700 + $6,800
$8,500
2009
$898
$2,190 + $8,760
$10,950
Tax history for 4803 S Terrace Rd
Year
Property tax
Land + Additions
Assessment*
2025
$879 (+7.0%)
2024
$822 (+1.2%)
2023
$812 (+4.2%)
2022
$779 (−0.7%)
$2,740 + $10,990
$13,730
2021
$784 (+3.1%)
$2,490 + $9,980
$12,470
2020
$760 (+1.9%)
$2,190 + $8,790
$10,980
2019
$746 (+2.5%)
$1,890 + $7,590
$9,480
2018
$728 (+3.1%)
$1,890 + $7,590
$9,480
2017
$706 (+0.8%)
$1,480 + $5,930
$7,410
2016
$700 (+4.0%)
$1,290 + $5,190
$6,480
2015
$673 (+0.8%)
$1,090 + $4,360
$5,450
2014
$668 (+12.6%)
$920 + $3,690
$4,610
2013
$593 (−1.0%)
$780 + $3,120
$3,900
2012
$599 (−15.0%)
$870 + $3,480
$4,350
2011
$705 (−18.2%)
$1,200 + $4,800
$6,000
2010
$862 (−4.0%)
$1,700 + $6,800
$8,500
2009
$898
$2,190 + $8,760
$10,950
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1,451 Sq. Ft.
Year renovated
—
Sq. Ft.
792
Year built
1972
Style
Townhouse
County
Maricopa County
APN
13338269
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 8, 2026.
R-2
Multi-Family Residential District
The residential districts are designed to provide neighborhoods with a range of housing densities. The differences in these housing densities and regulations are intended to support the varying lifestyles of the city's residents. The districts provide for a range of residential habitation including rural-agricultural, single-family, multi-family, mobile home, and combinations thereof, together with home occupations, schools, parks, and public services necessary for neighborhood living.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Student
Office-Other
Educational/school
Park & open space
Property details
Parking
Parking Information
Open Parking Spaces: 1
Covered Spaces: 1
Parking Features: Rear Vehicle Entry, Assigned, Community Structure
Garage Information
Carport Spaces: 1
Interior
Kitchen Information
Range Oven Electric: Yes
Bathroom Information
Bathrooms Full: 1
Bathrooms (Total Integer): 1
Bedroom Information
Bedrooms (Possible): 2
Heating & Cooling
Has Heating
Cooling: Central Air
Has Cooling
Heating: Electric
Interior Features
Appliances: Refrigerator, Dishwasher
Interior Features: High Speed Internet, Eat-in Kitchen
Flooring: Laminate
LaundryFeatures: Inside, Wshr/Dry HookUp Only
Exterior
Exterior Features
Construction Materials: Wood Frame
Exterior Features: Storage
Fencing: Block
Roof: Composition
Property Information
Ownership: Fee Simple
Property Sub Type: Townhouse
Property Condition: Fixer
Attached Property
Lot Information
Lot Size Area: 1,451
Lot Size Source: Assessor
Lot Features: Corner Lot, Gravel/Stone Back, Grass Front
Building Information
Building Area Source: Assessor
Financial
Tax Information
Tax Annual Amount: $822
Tax Year: 2024
Location
HOA Information
Has Association
Association Fee: $218.79
Association Fee Frequency: Monthly
Association Fee Includes: Maintenance Grounds, Front Yard Maint, Trash, Water
School Information
Middle Or Junior School: Tempe Elementary Online Community
High School: Marcos De Niza High School
High School District: Tempe Union High School District
Elementary School: Tempe Elementary Online Community
Elementary School District: Tempe School District
Community Information
Community Features: Pool, Biking/Walking Path
Utility Information
Sewer: Public Sewer
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 792
Stories: 1.0
Lot Size: 1,451 square feet
Style: Townhouse
Year Built: 1972
Year Renovated: —
County: Maricopa County
APN: 13338269
Home facts updated by county records on Jul 8, 2026
Other
Listing Information
Water Source: City Water
Around this home
Schools
Fuller Elementary School
Public K-5 • Assigned • 1.3mi
7/10
Connolly Middle School
Public 6-8 • Assigned • 2.0mi
3/10
McClintock High School
Public 9-12 • Assigned • 1.4mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
6 days above 111° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Tempe, AZ • 85282
Average low and high temperatures (°F)
70
45
79
52
85
58
87
62
95
70
106
79
108
84
108
85
103
79
93
66
78
52
75
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.5 hours in
June and 7.7 hours in December, placing it above the
U.S. average for solar exposure.
13.5 hrs
7.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$248,000 – $300,000
Reach more buyers when you sell with Redfin. Save up to $2,606 in fees.3 minutes to get started.