$310,000
SOLD AUG 15, 2023

2525 N 48th Ln Phoenix, AZ 85035

Maryvale Neighborhood
3 Beds
2 Baths
1,049 Sq Ft
6,164 Sq Ft Lot

Recently Sold

$296 Per Sq Ft

5% Above List Price

3 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • No HOA
  • Tile Flooring

About This Home

As of August 2023

Check out this 3-bed, 2-bath home with a large front and back yard! Inside you'll find a cozy and inviting living room and modern appliances installed in the kitchen next to the dining room area. Good size bedrooms and a large owner's bedroom with a large closet and owner's bathroom. Step outside into a large grassy backyard with mature trees and a covered patio. ** SOLAR PANELS WILL BE PAID AT CLOSING BY THE SELLER**

Last Agent to Sell the Property

Itzel Zimmer

HomeSmart License #SA632403000 Listed on: 07/05/2023

HomeSmart

Last Buyer's Agent

Nancy Hernandez

Realty ONE Group License #SA700824000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $659

Year Built

  • Built in 1962

Lot Details

  • 6,164 Sq Ft Lot
  • Wrought Iron Fence
  • Grass Covered Lot

Parking

  • 1 Carport Space

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,049 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Joseph Zito Elementary School
  • Isaac E IMES Middle School
  • Maryvale 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 220
  • Assessor Parcel Number 103-52-169

Home Details

Home Type

Single Family

Est. Annual Taxes

$659

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 51ST AVE & THOMAS
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1962
  • Tax Year: 2022
  • Directions: 51 ST AVE TO ENCANTO EAST TO 48TH LANE NORTH TO PROPERTY
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: WEDGEWOOD PARK
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 1049.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • 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: Joseph Zito Elementary School
  • High School: Maryvale High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Isaac E Imes School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6164.0
  • Parcel #: 103-52-169

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 659.0
  • Tax Book Number: 103.00
  • Tax Lot: 220
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Jul 8, 2023
Sold by
Gutierrez Artenogenes Rivera
Bought by
Gutierrez Artenogenes Rivera and Rivera Grisel
Seller's Agent
Itzel Zimmer
HomeSmart
Buyer's Agent
Nancy Hernandez
Realty ONE Group
List Price
$295,000
Sold Price
$310,000
Premium/Discount to List
$15,000
5.08%
Views
73
Current Estimated Value
$314,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,069
Avg. Annual Appreciation
0.62%

Purchase Details

Listed on
Dec 13, 2014
Closed on
Feb 17, 2015
Sold by
Martinez Grisel
Bought by
Gutierrez Artenogenes Rivera
Seller's Agent
Ben R Gonzales
Perfect Choice Real Estate
Buyer's Agent
Filda Gonzales
West USA Realty
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$3,300
Interest Rate
3.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 27, 2009
Sold by
Us Bank National Association
Bought by
Ortiz Paula

Purchase Details

Closed on
Jan 20, 2009
Sold by
Valenzuela Carlos
Bought by
Us Bank National Association and Structured Asset Securities Corporation

Purchase Details

Closed on
Sep 29, 1998
Sold by
Jimenez Albino
Bought by
Valenzuela Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,646
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 1998
Sold by
Jimenez Maria
Bought by
Jimenez Albino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,568
Interest Rate
7%

Purchase Details

Closed on
May 10, 1996
Sold by
Zimmerman Donald W
Bought by
Zimmerman Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,454
Interest Rate
7.8%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- Title365 Agency
Warranty Deed $110,000 Title365 Agency
Cash Sale Deed $27,000 First American Title Ins Co
Trustee Deed $130,547 Accommodation
Warranty Deed $67,000 Fidelity Title
Warranty Deed -- Ati Title Agency
Interfamily Deed Transfer -- United Title Agency
Joint Tenancy Deed $54,900 United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,300 Stand Alone Second
Previous Owner $108,007 FHA
Previous Owner $66,646 FHA
Previous Owner $55,568 No Value Available
Previous Owner $4,454 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $310,000 0.0% $296 / Sq Ft
07/10/2023 07/10/23 Price Changed $310,000 0.0% $296 / Sq Ft
07/09/2023 07/09/23 Off Market $310,000 -- --
07/09/2023 07/09/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $295,000 +168.2% $281 / Sq Ft
02/10/2015 02/10/15 Sold $110,000 0.0% $105 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
12/13/2014 12/13/14 For Sale $110,000 -- $105 / 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 $713 $4,798 -- --
2024 $695 $4,569 -- --
2023 $695 $20,380 $4,070 $16,310
2022 $659 $15,630 $3,120 $12,510
2021 $632 $13,600 $2,720 $10,880
2020 $618 $12,230 $2,440 $9,790
2019 $605 $10,420 $2,080 $8,340
2018 $641 $9,770 $1,950 $7,820
2017 $562 $7,920 $1,580 $6,340
2016 $545 $6,750 $1,350 $5,400
2015 $495 $5,630 $1,120 $4,510
Source: Public Records

Agents Affiliated with this Home

  • Itzel Zimmer

    Seller's Agent in 2023

    Itzel Zimmer

    HomeSmart

    (602) 755-4684

    6 in this area

    156 Total Sales

    Itzel Zimmer
    Section Image

  • N

    Buyer's Agent in 2023

    Nancy Hernandez

    Realty One Group

    (480) 745-4408

    2 in this area

    9 Total Sales

    Nancy Hernandez
    Section Image

  • B

    Seller's Agent in 2015

    Ben R Gonzales

    Perfect Choice Real Estate

    Section Image

  • F

    Seller Co-Listing Agent in 2015

    Filda Gonzales

    West USA Realty

    2 Total Sales

    Filda Gonzales
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6576575

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-52-169

Arizona Maricopa County Phoenix 85035 Maryvale

2525 N 48th Ln, Phoenix, AZ

This home is located at 2525 N 48th Ln, Phoenix, AZ 85035 and is currently priced at $310,000, approximately $295 per square foot. This property was built in 1962. 2525 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

Nearby Homes