NOT LISTED FOR SALE

2327 N 54th Ln Phoenix, AZ 85035

Estimated Value: $310,473 - $363,000

3 Beds
2 Baths
1,893 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $230,000 $122 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,827/month

14 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Central Air
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Heating Available

About This Home

As of May 2021

Potential Flip or investor opportunity to purchase a tenant occupied property in Phoenix. Tenants have been in place for many years; lease expires end of 12/31/2021. This 3 bed, 2 bath home features 1893 sq ft in a convenient area.

Please do not disturb the tenants.

Last Agent to Sell the Property

Brandon Edwards

West USA Realty License #SA659598000 Listed on: 04/30/2021

West USA Realty

Last Buyer's Agent

Thomas Pandelakis

HomeSmart Realty License #SA655966000

HomeSmart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $978

Year Built

  • Built in 1965

Lot Details

  • 7,658 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Open Parking Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,893 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

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

Schools

  • Harris Elementary School
  • Frank Borman Middle School
  • Maryvale High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Homestead Terrace 3 Subdivision

Listing and Financial Details

  • Tax Lot 506
  • Assessor Parcel Number 103-17-260

Home Details

Home Type

Single Family

Est. Annual Taxes

$978

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: 55th Ave & Encanto Blvd
  • 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
  • Separate Den Office Sep Den Office: N
  • Year Built: 1965
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: HOMESTEAD TERRACE 3
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 121.5
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm, Laminate Counters
  • Living Area: 1893.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Laminate Counters: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • 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: Harris Elementary School
  • High School: Maryvale High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Frank Borman School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7658.0
  • Parcel #: 103-17-260

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 978.0
  • Tax Book Number: 103.00
  • Tax Lot: 506
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 25, 2021
Sold by
Playa De Negro Properties Llc
Bought by
Domestica Properties Llc
Seller's Agent
Brandon Edwards
West USA Realty
Buyer's Agent
Thomas Pandelakis
HomeSmart Realty
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Current Estimated Value
$329,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,868
Avg. Annual Appreciation
8.32%

Purchase Details

Closed on
Sep 30, 2014
Sold by
Grimes Patrick H and Grimes Sara Jo
Bought by
Playa De Negro Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 18, 1998
Sold by
Gallion Marven D and Gallion Janis J
Bought by
Grimes Patrick H and Grimes Sara Jo

Purchase Details

Closed on
Apr 21, 1998
Sold by
Greenwood Christopher Kirk and Greenwood Christina L
Bought by
Gallion Marven D and Gallion Janis J

Purchase Details

Closed on
May 9, 1997
Sold by
Gallion Marven and Gallion Janis J
Bought by
Greenwood Christopher Kirk and Greenwood Christina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Domestica Properties Llc $230,000 First Arizona Title Agency
Playa De Negro Properties Llc $100,000 None Available
Grimes Patrick H -- Grand Canyon Title Agency In
Gallion Marven D -- --
Greenwood Christopher Kirk $21,107 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Playa De Negro Properties Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $230,000 -2.1% $122 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $235,000 0.0% $124 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $235,000 -- $124 / 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 $1,087 $6,209 -- --
2024 $1,080 $5,913 -- --
2023 $1,080 $24,360 $4,870 $19,490
2022 $1,019 $18,660 $3,730 $14,930
2021 $1,031 $16,060 $3,210 $12,850
2020 $978 $14,770 $2,950 $11,820
2019 $935 $12,720 $2,540 $10,180
2018 $973 $11,730 $2,340 $9,390
2017 $941 $9,510 $1,900 $7,610
2016 $900 $8,230 $1,640 $6,590
2015 $839 $7,000 $1,400 $5,600
Source: Public Records

Agents Affiliated with this Home

  • Brandon Edwards

    Seller's Agent in 2021

    Brandon Edwards

    West USA Realty

    (480) 215-7806

    96 Total Sales

    Brandon Edwards
    Section Image

  • T

    Buyer's Agent in 2021

    Thomas Pandelakis

    HomeSmart Realty

    (602) 761-4600

    8 Total Sales

    Thomas Pandelakis
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6229813

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-17-260

Arizona Maricopa County Phoenix 85035

2327 N 54th Ln, Phoenix, AZ

Not Listed for Sale

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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