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8870 North 48th Lane

8870 North 48th Lane, Glendale, AZ 85302
Property in Windstream
Sold Nov 23, 2021
$282,500
Sold Aug 29, 2002
$110,000
$106,700 by Bank Of America National Assn
Mortgage Due Sep 01, 2032
Local assessors in Glendale, AZ have categorized 8870 North 48th Lane as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 1,605 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8870 North 48th Lane has a total of 1,315 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt and ply sheets in a built-up roof style. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8870 North 48th Lane sold most recently in Nov 7, 2021 for a total of $282,500. If you work out the math, that's approximately a cost of $214.83 per sqft. Before that, the property was also sold for $110,000 in Aug 14, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $810 in taxes each year. 8870 North 48th Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,780. If we break it down further, the land itself was valued at $3,950. Improvements to the property, however, were assessed at a total of $15,830. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Assigned Parking
Garage Parking
Open Parking
Unassigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Wood
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,605
  • Total Building Area: 1,315
  • Gross Building Area: 1,315
  • Building Area: 1,315
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,315
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WINDSTREAM 1
  • Land Acres: 0.037
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: WINDSTREAM 1 MCR 378-08

Ownership

  • Current Owner : MARTINEZ LORENA
  • Previous Owner : WELLS BARBRA N
  • Owner Before Previous Owner: ALLEN SCOTT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Glendale Elementary District
  • Census Tract: 092309

Zoning

  • Zoning: M-H

Geography

  • Assessors Map Reference: 37808
  • Parcel: 148-30-064
  • Lot: 95
  • Meridian: SEC 33 TWN 3N RNG 2E
  • Municipality: GLENDALE
  • Latitude: 33.5671
  • Longitude: -112.164

    Address

  • Full Address: 8870 N 48th Ln
  • Address - House Number: 8870
  • Street Direction: N
  • Address - Street Name: 48th
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Glendale
  • Carrier Code: C045
  • 4-Digit Zip Code: 5134
  • Zip Code: 85302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $810
  • Tax Rate Code Area: 400700

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 294,083
  • High Value: 339,698
  • Low Value: 248,468

    Market Valuation

  • Market Total Value: $197,800
  • Market Land Value: $39,500
  • Market Improvement Value: $158,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,780
  • Assessed Land Value: $3,950
  • Assessed Improvements Value: $15,830

    Sales

  • Current Sale Contract Date: Nov 07, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Transaction ID: 11869494968
  • Current Sale Price: $282,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211249228
  • Previous Sale Recording Date: Aug 29, 2002
  • Previous Sale Contract Date: Aug 14, 2002
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NFM LENDING
  • First Mortgage Transaction Date: Nov 23, 2021
  • First Mortgage Loan Amount: $152,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NATIONAL ASSN
  • Previous Mortgage Transaction Date: Aug 29, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $106,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2032

About Cactus



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Frequently Asked Questions

What neighborhood is 8870 North 48th Lane located in?
The 8870 North 48th Lane is a located in the neighborhood of Windstream in Cactus, Glendale.
What is the average sales price for listings in 8870 North 48th Lane?
The average sales price for units in 8870 North 48th Lane is $0 currently.

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