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Sold for $265,500 on 12/04/25
  • $265,500

    4803 S Terrace Rd, Tempe, AZ 85282

    2beds
    792sqft
    Townhouse
    Built in 1972
    1,451 Square Feet Lot
    $265,400 Zestimate®
    $335/sqft
    $1,460 Estimated rent

    Home value

    $265,400

    $244,000 - $289,000

    $1,460/mo

    Zestimate® history
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    What's special

    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

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2025 at 12:24pm

    Listed by:

    Thomas A Mastromatto 602-888-7073,

    Mountain Lake Realty

    Bought with:

    Kenny Klaus, SA515503000

    Real Broker

    Richard Collins, SA644042000

    Real Broker

    Source: ARMLS,MLS#: 6902327MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central Air
    Features
    • High Speed Internet, Eat-in Kitchen
    • Flooring: Laminate
    • Has basement: No
    • Common walls with other units/homes: 1 Common Wall,End Unit
    Interior area
    • Total structure area: 792
    • Total interior livable area: 792 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Rear Vehicle Entry, Assigned, Community Structure
    • Carport spaces: 1
    • Uncovered spaces: 1
    Features
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Storage
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 1,451 sqft
    • Features: Corner Lot, Gravel/Stone Back, Grass Front
    Details
    • Parcel number: 13338269

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Wood Frame
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Community
    • Community features: Biking/Walking Path
    Location
    • Region: Tempe
    • Subdivision: PARK PREMIERE TOWNHOUSES 1

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $219 monthly
    • Services included: Maintenance Grounds, Front Yard Maint, Trash, Water
    • Association name: Park Premiere
    • Association phone: 480-759-4945

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/4/2025Sold$265,500+0.6%$335/sqft
    Source: ARMLS #6902327
    9/2/2025Price change$264,000-1.9%$333/sqft
    Source: ARMLS #6902327
    8/6/2025Listed for sale$269,000+24.1%$340/sqft
    Source: ARMLS #6902327
    2/28/2025Sold$216,770-16.6%$274/sqft
    Source: ARMLS #6816263
    2/8/2025Pending sale$260,000$328/sqft
    Source: ARMLS #6816263

    Public tax history

    YearProperty taxesTax assessment
    2025$876 +7%$20,470 -7.8%
    2024$818 +1.2%$22,200 +233.6%
    2023$809 +3.8%$6,655 -51.5%

    Find assessor info on the county website

    Neighborhood: 85282

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Tempe Elementary Online Community
    • Middle: Tempe Elementary Online Community
    • High: Marcos De Niza High School
    • District: Tempe School District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $265,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $265,400