NOT LISTED FOR SALE

2316 N 48th Ln Phoenix, AZ 85035

Maryvale Neighborhood

Estimated Value: $288,000 - $335,000

3 Beds
2 Baths
1,053 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 07, 2024

Last sale price $333,000 $316 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,724/month

51 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Central Air
  • 1-Story Property

About This Home

As of October 2024

This home is located at 2316 N 48th Ln, Phoenix, AZ 85035 since 17 July 2024 and is currently estimated at $314,212, approximately $298 per square foot. This property was built in 1963. 2316 N 48th Ln is a home located in Maricopa County with nearby schools including Joseph Zito Elementary School, Maryvale High School, and Phoenix Coding Academy.

Last Agent to Sell the Property

Cesar Gonzalez

ProSmart Realty License #SA565125000 Listed on: 07/17/2024

ProSmart Realty

Co-Listed By

Maria Munoz

ProSmart Realty License #SA707432000

Last Buyer's Agent

Carlos Delgado

HomeSmart License #SA625683000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $669

Year Built

  • Built in 1963

Lot Details

  • 5,998 Sq Ft Lot
  • Block Wall Fence

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,053 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space

Schools

  • Isaac E IMES Elementary School
  • Isaac Middle School
  • Phoenix Prep Academy High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Wedgewood Park Subdivision

Listing and Financial Details

  • Tax Lot 238
  • Assessor Parcel Number 103-52-187

Home Details

Home Type

Single Family

Est. Annual Taxes

$669

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 48th Lane and Thomas Rd.
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1963
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: psmt01
  • Co List Office Phone: 480-540-2213
  • Subdivision Name: WEDGEWOOD PARK
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1053.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Isaac E Imes School
  • High School: Phoenix Prep Academy
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Isaac Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5998.0
  • Parcel #: 103-52-187

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 669.0
  • Tax Book Number: 103.00
  • Tax Lot: 238
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Sep 30, 2024
Sold by
Catalyst Renovations Llc
Bought by
Vasquez Manuel A
Seller's Agent
Cesar Gonzalez
ProSmart Realty
Buyer's Agent
Carlos Delgado
HomeSmart
List Price
$344,900
Sold Price
$333,000
Premium/Discount to List
-$11,900
-3.45%
Views
21
Current Estimated Value
$314,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,788
Avg. Annual Appreciation
-5.64%
Original Mortgage
$326,968
Outstanding Balance
$323,602
Interest Rate
6.46%
Mortgage Type
FHA
Estimated Equity
-$9,390

Purchase Details

Closed on
May 31, 2024
Sold by
Sondergaard Jean M
Bought by
Catalyst Renovations Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2004
Sold by
Fernandez Jesus Manuel Mercado
Bought by
Hinojosa Maria De Los Angeles

Purchase Details

Closed on
Aug 31, 1999
Sold by
Wade Joan R
Bought by
Paul Lyvon and Wade Joan R
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vasquez Manuel A $333,000 American Title Service Agency
Catalyst Renovations Llc $195,000 Pioneer Title Agency
Hinojosa Maria De Los Angeles -- Fidelity National Title
Paul Lyvon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Manuel A $326,968
Previous Owner Catalyst Renovations Llc $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2024 10/07/24 Sold $333,000 0.0% $316 / Sq Ft
09/09/2024 09/09/24 Off Market $333,000 -- --
09/07/2024 09/07/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $329,900 -2.9% $313 / Sq Ft
08/27/2024 08/27/24 Price Changed $339,900 -1.4% $323 / Sq Ft
08/18/2024 08/18/24 For Sale $344,900 +3.6% $328 / Sq Ft
07/20/2024 07/20/24 Off Market $333,000 -- --
07/17/2024 07/17/24 For Sale $344,900 -- $328 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $757 $4,622 -- --
2024 $669 $4,402 -- --
2023 $669 $20,380 $4,070 $16,310
2022 $635 $15,700 $3,140 $12,560
2021 $609 $13,630 $2,720 $10,910
2020 $596 $12,260 $2,450 $9,810
2019 $582 $10,460 $2,090 $8,370
2018 $617 $9,300 $1,860 $7,440
2017 $542 $7,500 $1,500 $6,000
2016 $526 $6,380 $1,270 $5,110
2015 $477 $5,450 $1,090 $4,360
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cesar Gonzalez

    ProSmart Realty

    (480) 433-6818

    2 in this area

    18 Total Sales

    Cesar Gonzalez
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Maria Munoz

    ProSmart Realty

    (602) 770-0066

    2 in this area

    11 Total Sales

    Maria Munoz
    Section Image

  • C

    Buyer's Agent in 2024

    Carlos Delgado

    HomeSmart

    (602) 413-2509

    2 in this area

    43 Total Sales

    Carlos Delgado
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6732505

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-52-187

Arizona Maricopa County Phoenix 85035 Maryvale

2316 N 48th Ln, Phoenix, AZ

This home is located at 2316 N 48th Ln, Phoenix, AZ 85035 since 17 July 2024 and is currently estimated at $314,212, approximately $298 per square foot. This property was built in 1963. 2316 N 48th Ln is a home located in Maricopa County with nearby schools including Joseph Zito Elementary School, Maryvale High School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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