4803 S Terrace Road, Tempe, AZ 85282

$216,770
2
BD
1
BA
792
SqFt

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Sold Price
$216,770
List Price
$260,000
Closing Date
Feb 28, 2025
Days on Market
2
Status
CLOSED
MLS#
6816263
City
Tempe
Bedrooms
2
Bathrooms
1
Living SQFT
792
Lot Size
1,451
Subdivision
Park Premiere Townhouses 1
Year Built
1972
Type
Townhouse

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.

Additional Information

Elementary School
Arredondo Elementary School
High School
Marcos De Niza High School
Middle School
McKemy Academy of International Studies
School District
Tempe Union High School District
Acres
0.03
Assoc Fee Includes
Maintenance Grounds, Front Yard Maint, Trash, Water
Hoa Fee
$218
Hoa Fee Frequency
Monthly
Hoa
Yes
Hoa Name
Park Premiere
Builder Name
Unknown
Community Features
Community Pool Htd, Biking/Walking Path
Construction
Wood Frame
Cooling
Central Air
Exterior Features
Storage
Fencing
Block
Fireplace
None
Flooring
Carpet, Tile
Heating
Electric
Laundry
Wshr/Dry HookUp Only
Living Area
792
Lot Size
1,451
New Financing
Cash, Conventional
Parking Features
Rear Vehicle Entry, Assigned, Community Structure
Property Description
Corner Lot, North/South Exposure
Roofing
Composition
Sewer
Public Sewer
Spa
None
Stories
1
Subdivision
Park Premiere Townhouses 1
Taxes
$822
Tax Year
2024
Water
City Water

Courtesy of eXp Realty. 888-897-7821 Selling Office: eXp Realty.

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