1241 48th St
Phoenix, AZ 85008
2 bd 2 ba 771 sqft Built 1986 Lot 795 sqft condos
Most recent sale
$125,500
Feb 26, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 19, 2022 | Price changed | $225,000 | MLS #6449007 |
| Aug 22, 2022 | Price changed | $230,000 | MLS #6449007 |
| Aug 12, 2022 | Listed | $235,000 | MLS #6449007 |
| Feb 26, 2021 | Sold | $125,500 | Public Record |
| Sep 9, 2014 | Sold | $742,800 | Public Record |
| May 3, 2013 | Sold | $625,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $7,420 | $1,850 | $9,270 | $477 |
| 2021 | $7,100 | $1,770 | $8,870 | $485 |
| 2020 | $4,800 | $1,200 | $6,000 | $476 |
| 2019 | $4,750 | $1,180 | $5,930 | $474 |
| 2018 | $4,160 | $1,040 | $5,200 | $446 |
| 2017 | $3,930 | $980 | $4,910 | $428 |
| 2016 | $3,570 | $890 | $4,460 | $419 |
| 2015 | $3,410 | $850 | $4,260 | $393 |
| 2014 | $2,510 | $620 | $3,130 | $370 |
| 2013 | $1,760 | $440 | $2,200 | $306 |
| 2012 | $2,280 | $570 | $2,850 | $382 |
| 2011 | $4,840 | $1,210 | $6,050 | $665 |
| 2009 | $8,800 | $2,200 | $11,000 | $856 |
| 2008 | $9,200 | $2,300 | $11,500 | $802 |
Property facts
Year built
1986
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
771 sqft
Lot size
795 sqft
ZIP code
85008
City
Phoenix
Street
48th St
Coordinates
33.46134, -111.97739
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,195
Gross rental yield
11.43%
Implied cap rate
7.43%
Trend-extrapolated value
—
Frequently asked questions
When did 1241 48th St last sell?
1241 48th St most recently sold on Feb 26, 2021 for $125,500.
What is the current tax assessment for 1241 48th St?
The most recent total assessment for 1241 48th St (year 2022) is $9,270 with $477 in property tax.
How does 1241 48th St's assessment compare to its last sale price?
The current assessment is 92.6% below the last sale price of $125,500.
When was 1241 48th St built?
1241 48th St was built in 1986.
How does 1241 48th St compare to others on 48th St?
We track 8 other properties on 48th St. Browse the list under "Other properties on 48th St" to compare beds, baths, and sale history.
What are the property facts for 1241 48th St?
1241 48th St is a 2 bed, 2 bath, 771 sqft, 795 sqft lot condos.
Is 1241 48th St a flip candidate?
No — 1241 48th St does not appear in our flips dataset.
Is 1241 48th St a tax-appeal candidate?
No — 1241 48th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.9%
Implied 1-yr
-3.5%
2026 Q3
$442.3K
2026 Q4
$438.2K
ZIP 85008 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 48th St