NOT LISTED FOR SALE

2328 N 54th Ln Phoenix, AZ 85035

Estimated Value: $329,000 - $348,000

3 Beds
2 Baths
1,758 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $315,000 $179 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,890/month

6 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Refrigerated and Evaporative Cooling System
  • 1-Story Property

About This Home

As of December 2023

Wonderful One Story Family Home in Phoenix, Features 4 Bedrooms, and 2 Bathrooms, Living Room, Kitchen and sunken family room is big and cozy with a stone fireplace. The Kitchen has plenty of room for storage, eating area and appliances. There is an inside laundry room with lots of shelves for storage, a pantry off the kitchen. Big back yard w/ 20x20 covered patio. Close to shopping, Schools and more.

Last Listed By

James Diller

Real Broker License #BR681830000 Listed on: 11/07/2023

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,129

Year Built

  • Built in 1967

Lot Details

  • 8,032 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,758 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Harris Elementary School
  • Frank Borman Middle School
  • Phoenix Union Cyber High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 509
  • Assessor Parcel Number 103-17-263

Community Details

Overview

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

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,129

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Cross Street: 55th Ave & Thomas
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1967
  • Tax Year: 2023
  • Directions: South on 55th Ave to Vernon, East to 54th Lane, north into culdesac. convenient to Desert Sky Mall! near elementary sch.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: HOMESTEAD TERRACE 3
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1758.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Both Refrig & Evap
  • Heating: Electric
  • Laundry Features: None
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: Phoenix Union Cyber 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: 8032.0
  • Parcel #: 103-17-263
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1129.0
  • Tax Book Number: 103.00
  • Tax Lot: 509
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2017
Sold by
2017 2 Borrower Lp
Bought by
2017 2 Ih Borrower Lp
Total Days on Market
6
Current Estimated Value
$325,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,027,000
Outstanding Balance
$733,051,569
Interest Rate
3.83%
Mortgage Type
Construction
Estimated Equity
-$732,711,426

Purchase Details

Closed on
Nov 8, 2017
Sold by
2017 2 Ih Borrower Lp
Bought by
Thr Phoenix Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,027,000
Outstanding Balance
$733,051,569
Interest Rate
3.83%
Mortgage Type
Construction
Estimated Equity
-$732,711,426

Purchase Details

Closed on
Aug 14, 2014
Sold by
Thr Phoenix Lp
Bought by
2014-2 Ih Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,935,000
Interest Rate
4.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 12, 2013
Sold by
Wartenfeld Robert
Bought by
Eglen Llc

Purchase Details

Closed on
Feb 11, 2013
Sold by
Eglen Llc
Bought by
Thr Phoenix Lp

Purchase Details

Closed on
Aug 25, 2011
Sold by
Upreal Indi Llc
Bought by
Wartenfeld Robert

Purchase Details

Closed on
Jun 18, 2011
Sold by
New Age Real Estate Group Llc
Bought by
Bardugo Yekutiel

Purchase Details

Closed on
Mar 29, 2011
Sold by
Ormsby Steven M and Ormsby Gloria
Bought by
New Age Real Estate Group Az

Purchase Details

Closed on
May 21, 2007
Sold by
Ormsby Steven M
Bought by
Ormsby Steven M and Ormsby Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
7.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 30, 2005
Sold by
Ormsby Gloria G
Bought by
Ormsby Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.45%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 23, 2003
Sold by
Koury Gabriel J
Bought by
Koury Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
10.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2003
Sold by
Morrow Paul and Morrow Dianna
Bought by
Koury Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
10.55%
Mortgage Type
Purchase Money Mortgage

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
2017 2 Ih Borrower Lp -- None Available
Thr Phoenix Lp -- None Available
2014-2 Ih Borrower Lp -- None Available
Eglen Llc $63,000 Title Management Agency Of A
Thr Phoenix Lp $84,000 Title Management Agency Of A
Wartenfeld Robert $66,500 Title Management Agency Of A
Upreal Indi Llc $54,000 Title Management Agency Of A
Bardugo Yekutiel $54,000 Title Management Agency Of A
Bardugo Yekutiel $54,000 Accommodation
New Age Real Estate Group Az $30,156 Accommodation
New Age Real Estate Group Az $30,156 Accommodation
Ormsby Steven M -- Security Title Agency
Ormsby Steven M -- Security Title Agency Inc
Ormsby Steven M $150,000 Security Title Agency Inc
Koury Michelle -- Lawyers Title Of Arizona Inc
Koury Michelle $113,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2017 2 Ih Borrower Lp $865,027,000
Closed Thr Phoenix Lp $865,027,000
Previous Owner 2014 2 Ih Borrower Lp $719,935,000
Previous Owner Ormsby Steven M $168,750
Previous Owner Ormsby Steven M $120,000
Previous Owner Koury Michelle $90,400
Previous Owner Koury Michelle $90,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $315,000 +8.6% $179 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $290,000 -7.9% $165 / Sq Ft
11/08/2023 11/08/23 Off Market $315,000 -- --
11/07/2023 11/07/23 For Sale $290,000 -- $165 / 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 $1,006 $6,491 -- --
2024 $1,129 $6,182 -- --
2023 $1,129 $24,100 $4,820 $19,280
2022 $1,065 $18,600 $3,720 $14,880
2021 $1,078 $16,200 $3,240 $12,960
2020 $1,022 $14,770 $2,950 $11,820
2019 $978 $12,820 $2,560 $10,260
2018 $1,017 $11,780 $2,350 $9,430
2017 $983 $9,680 $1,930 $7,750
2016 $941 $8,370 $1,670 $6,700
2015 $878 $7,210 $1,440 $5,770
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6627774

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-17-263