48624 N 3RD Avenue, Phoenix, AZ 85087
Property image
Property image
SOLD
MAY 22, 2026

48624 N 3RD Avenue
Phoenix, AZ 85087

  • 2 Beds
  • 1 Bath
  • 800 sqft (on 1.08 acres)

$382,000

Last Sold: May 22, 2026
4% below list $400K
$478/sqft
Est. Refi. Payment $2,120/mo*
Refinance Your Home

$382,000

Last Sold: May 22, 2026
4% below list $400K
$478/sqft
Est. Refi. Payment $2,120/mo*
Refinance Your Home
2 Beds
1 Bath
800 sqft
(on 1.08 acres)

Local Information

  • Map ViewExplore the area around 48624 N 3RD Avenue.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Experience easy country living on a 1+ acre horse property with no HOA and the freedom to live the lifestyle you want! This move-in ready home has had only 2 owners, is located on usable land not in a flood zone and blends a fresh feel with the charm of rural desert living. Enjoy the tastefully renovated kitchen and bath, upgrades throughout and energy-efficient windows. Major system improvements include an efficient HVAC system, updated electrical panel, septic system, water heater, RO system, and a private well.

Fresh exterior paint and trim enhance curb appeal. The property offers space for horses, toys, and hobbies with a corral, workshop space, storage shed, and snake fencing. Soak in mountain views, peaceful mornings, and star-filled nights, all with convenient access to tow
48624 N 3RD Avenue, Phoenix, AZ 85087 is a 2 bedroom, 1 bathroom, 800 sqft single-family home built in 1974. It last sold for $382,000 on May 22, 2026 (4% below the $399,999 asking price). It is currently off market. The Trulia Estimate is $388,200, with a rent estimate of $1,698/month.

Home Highlights

Parking
No Info
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$478/sqft
Listed
122 days ago

Home Details for 48624 N 3RD Avenue

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 800 Square Feet
Appliances & Utilities
Appliances: Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Electric Range, Water PurifierDryerLaundry: InsideRefrigeratorWasher
Heating & Cooling
Heating: Mini SplitHas CoolingAir Conditioning: Ceiling Fan(s),Mini SplitHas HeatingHeating Fuel: Mini Split
Fireplace & Spa
Spa: NoneNo Fireplace
Gas & Electric
Electric: 220 Volts in KitchenHas Electric on Property
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Vinyl
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Vinyl
View
Has a ViewView: Desert, Mountain(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: PatioFencing: Other, Chain Link, WoodOther Structures: Shed(s)Exterior: Other, Storage
Parking & Garage
No CarportNo GarageParking: Circular Driveway
Frontage
Responsible for Road Maintenance: Private Maintained RoadRoad Surface Type: DirtNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Horse Amenities: Corral(s)Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 100

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Wood Frame, PaintedNot Attached Property
Property Information
Usage of Home: FarmParcel Number: 20208002B

Price & Status

Price
List Price: $399,999Price Per Sqft: $478/sqft
Status Change & Dates
Off Market Date: Mon Apr 13 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: New River
School Information
Elementary School: New River Elementary SchoolElementary School District: Deer Valley Unified DistrictJr High / Middle School: Gavilan Peak SchoolHigh School: Boulder Creek High SchoolHigh School District: Deer Valley Unified District

Building

Building Area
Building Area: 800 Square Feet

Community

Community Features: Biking/Walking Path

HOA

HOA Fee Includes: No FeesNo HOA

Lot Information

Lot Area: 1.0761 Acres

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6957182

Additional Information

Biking/Walking Path
Last check for updates: about 2 hours ago
Listed by Rachael Richard, (623) 229-2556
Keller Williams Arizona Realty
Bought with: Ekaterina Kiepke, (602) 380-4708, Jason Mitchell Real Estate
Source: ARMLS, MLS#6957182
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 48624 N 3RD Avenue

DatePriceEventSource
05/22/2026$382,000Sold
ARMLS #6957182
04/13/2026$399,999PendingARMLS #6957182
03/09/2026$399,999PriceChange
ARMLS #6957182
01/22/2026$427,000PriceChange
ARMLS #6957182
01/03/2026$449,999Listed For SaleARMLS #6957182
11/30/2021$297,500Sold
ARMLS #6279271
09/30/2021$300,000PendingARMLS #6279271

Market trends in New River

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$730K
$50KMoM
Sale-to-List Price
—
Price per sq ft
$330
$1MoM
Available listings
126
12MoM
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Property Tax and Assessment

Year2025
Tax$353
Assessment$203,200
Home facts updated by county records

Comparable Sales for 48624 N 3RD Avenue

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
441 W ROUGHRIDER Road, New River, AZ
0.11
Single-Family Home
$727,500
01/05/26
3
3.5
2,270
49011 N 7TH Avenue, New River, AZ
0.24
Single-Family Home
$600,000
11/20/25
6
3
2,758
48010 N 17TH Avenue, New River, AZ
1.18
Single-Family Home
$340,000
12/19/25
3
1
920
48515 N 13TH Avenue, New River, AZ
0.51
Single-Family Home
$910,000
07/17/25
4
3.5
3,065
1688 W Lazy K Ranch Road, New River, AZ
1.02
Single-Family Home
$693,975
05/19/26
4
2
1,890
47316 N 10TH Avenue, New River, AZ
0.99
Single-Family Home
$835,000
06/09/26
4
2.5
3,104
48252 N 23RD Avenue, Phoenix, AZ
1.74
Single-Family Home
$485,000
02/23/26
3
2
1,486

Nearby homes

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Assigned Schools

These are the assigned schools for 48624 N 3RD Avenue.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about New River

At least 71 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 85 % Say parking is easy

  • 84 % Say there's wildlife

  • 80 % Say yards are well-kept

  • 79 % Say there's holiday spirit

  • 78 % Say it's dog friendly

  • 74 % Say it's quiet

  • 69 % Say people would walk alone at night

  • 55 % Say they plan to stay for at least 5 years

  • 51 % Say neighbors are friendly

  • 46 % Say kids play outside

  • 20 % Say there are community events

  • 12 % Say there are sidewalks

  • 10 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Ann
    "I drive myself or ride my horse or take our ranger which is an off-road vehicle. There’s no public transit and that’s fine by me"
    1
    Flag
  • Riley M.
    "I've lived here for fifteen years, I absolutely love New River. people are generally friendly and it's perfectly quite at night. "
    0
    Flag
  • Dan S.
    "its quiet. a big snowbird area. gets busier in the winter. lots of trails for biking, hiking, or horseback. Close enough to Phoenix to commute but far enough to have a horse ranch."
    0
    Flag
  • Dawn A.
    "Great views, quiet area, few neighbors and no HOA. Good school and lots of nature. Acreages so houses are not close together."
    0
    Flag
  • Mary G.
    "This area is great for recreation. It's a nice, small, safe rural area. Yet, New River is still close to Shopping and Restaurants in nearby Anthem."
    0
    Flag
  • Robert M.
    "4.6 open acres with an excellent view of Daisy Mountain and New River Mesa. The rural setting of the Sabrosa subdivision offers low traffic and noise, but has easy access to Anthem's amenities."
    4
    Flag
  • Helena S.
    "I have lived in my lovely Ranch-style New River home now for 19 years. Where once there were no homes in view, now, is surrounded by other lovely homes with good neighbors consisting of working professionals, families with kids, snow-birds, single men/women, retired couples... a mixed bag of wonderfulness in every aspect. Spring and Fall are just lovely here and makes-up for the hot summer months. Rest of the year, the time is spent outdoors enjoying the desert fauna and flora in its full beauty."
    0
    Flag
  • js7777
    "I have driven through this area and even been to the Carlise Mountain. The view is amazing and I wish I had the money to live there!!! Shopping is right down the road about 2 miles; it is clean friendly and has Home Depot, Albertson's food market McDonald's etc. The shooting range is only 15 minutes away. I-17 is only 5 minutes away. Lake Pleasant also is very close and a great place to go on the weekends. IT IS PERFECT! "
    2
    Flag
  • Dpbuck3
    "Enjoy the amenities of living in the city and moments away you can slip off into the sunset riding your horse, ATVs or hiking the trails and mountains. Very beautiful north valley area of Arizona with its natural wonders to enjoy the natural Arizona scenery in the peace & quite... tranquility at it's best. Many hiking trails mountains horse riding trails and lovely sunsets, friendly neighborly area. Just a short drive to the outlet malls, shopping and dining. "
    2
    Flag
  • Tony N.
    "I love it out here. Quiet, sky littered w/ stars or flooded w/ moonlight."
    1
    Flag

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