NOT LISTED FOR SALE

2537 N 48th Ln Phoenix, AZ 85035

Maryvale Neighborhood

Estimated Value: $380,000 - $395,158

4 Beds
2 Baths
1,838 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $370,000 $201 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,143/month

About This Home

As of September 2021

REMODEL, 4 Bedroom/ 2 Baths with Private Entrance Studio! Quartz countertops in the Kitchen that open ups in the formal Dining Room, Stainless steel appliances, Master Suites with remodel Bath and walk in closet, Formal Living Room and Great Room, New interior Paint, New Windows, Private entrance Studio/Mother Suite with 1 bedroom, Living Room, Kitchen/Bath,

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Sep 23, 2021
Sold by
Hernandez Francisco Javier Velazquez
Bought by
Ornelas Maria Guadalupe Garcia
Seller's Agent
Marlene Reyes-burgess
Keller Williams Realty Professional Partners
Buyer's Agent
Ruben Luna
eXp Realty
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$388,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,290
Avg. Annual Appreciation
1.65%
Original Mortgage
$358,388
Outstanding Balance
$330,342
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$64,700

Purchase Details

Listed on
Aug 17, 2021
Closed on
Sep 21, 2021
Sold by
Cervantes Lizeth
Bought by
Gomez Juan Jose Garcia and Ornelas Maria Guadalupe
Seller's Agent
Marlene Reyes-burgess
Keller Williams Realty Professional Partners
Buyer's Agent
Ruben Luna
eXp Realty
List Price
$370,000
Sold Price
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Outstanding Balance
$330,342
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$64,700

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 27, 2020
Sold by
Cervantes Jesus
Bought by
Cervantes Lizeth
Seller's Agent
Cynthia Dominguez
eXp Realty
Buyer's Agent
Marlene Reyes-burgess
Keller Williams Realty Professional Partners
List Price
$230,000
Sold Price
$223,000
Premium/Discount to List
-$7,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.51%
Original Mortgage
$215,557
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 17, 2020
Sold by
Beltran Praxedis Aispuro and Barraza Maria J
Bought by
Cervantes Lizeth
Seller's Agent
Cynthia Dominguez
eXp Realty
Buyer's Agent
Marlene Reyes-burgess
Keller Williams Realty Professional Partners
List Price
$230,000
Sold Price
$223,000
Premium/Discount to List
-$7,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,557
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2020
Sold by
Aispuro Praxedes A and Augulo Praxedes A
Bought by
Beltran Praxedis Aispuro and Barraza Maria J

Purchase Details

Closed on
Apr 14, 2011
Sold by
Deaispuro Manuela Beltran
Bought by
Angulo Praxede S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2011
Sold by
Donovan Shaun
Bought by
Angulo Praxedes A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2010
Sold by
Medrano Jose A
Bought by
Bank Of America National Association and Wells Fargo Bank Na

Purchase Details

Closed on
Mar 1, 2010
Sold by
Bank Of America National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 19, 2002
Sold by
Rodriguez Patricia
Bought by
Medrano Jose A

Purchase Details

Closed on
Mar 15, 2002
Sold by
Alvarez George R and Alvarez Rosie R
Bought by
Medrano Jose A

Purchase Details

Closed on
Aug 31, 2001
Sold by
Cabrera Maria Luisa Torres
Bought by
Gurrola Francisco

Purchase Details

Closed on
Dec 8, 1999
Sold by
Caraveo Jose
Bought by
Caraveo Maria Mercedes

Purchase Details

Closed on
Mar 5, 1999
Sold by
Holguin Maria M
Bought by
Caraveo Jose

Purchase Details

Closed on
Jan 27, 1999
Sold by
Starling Marie D and Marotz Carol
Bought by
Sanchez Guillermo
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
Ornelas Maria Guadalupe Garcia -- Driggs Title Agency Inc
Gomez Juan Jose Garcia $367,000 Driggs Title Agency Inc
Cervantes Lizeth -- Old Republic Title Agency
Cervantes Lizeth $223,000 Old Republic Title Agency
Beltran Praxedis Aispuro -- None Available
Angulo Praxede S -- Grand Cyn Title Agency Inc
Angulo Praxedes A -- Grand Canyon Title Agency
Bank Of America National Association $114,253 Great American Title Agency
Secretary Of Housing & Urban Development -- Great American Title Agency
Medrano Jose A -- Fidelity National Title
Medrano Jose A $111,000 Fidelity National Title
Gurrola Francisco -- Transnation Title Insurance
Caraveo Maria Mercedes -- --
Caraveo Jose -- Chicago Title Insurance Co
Sanchez Guillermo $47,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ornelas Maria Guadalupe Garcia $358,388
Closed Gomez Juan Jose Garcia $10,752
Previous Owner Cervantes Lizeth $215,557
Previous Owner Angulo Praxedes A $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $370,000 0.0% $201 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $370,000 +65.9% $201 / Sq Ft
08/27/2020 08/27/20 Sold $223,000 -3.0% $121 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $230,000 -- $125 / Sq Ft

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 $1,012 $6,811 -- --
2024 $986 $6,486 -- --
2023 $986 $24,500 $4,900 $19,600
2022 $935 $19,200 $3,840 $15,360
2021 $898 $16,530 $3,300 $13,230
2020 $878 $15,220 $3,040 $12,180
2019 $858 $13,300 $2,660 $10,640
2018 $910 $11,860 $2,370 $9,490
2017 $798 $9,850 $1,970 $7,880
2016 $774 $8,700 $1,740 $6,960
2015 $703 $7,560 $1,510 $6,050
Source: Public Records

Agents Affiliated with this Home

  • Marlene Reyes-burgess

    Seller's Agent in 2021

    Marlene Reyes-burgess

    Keller Williams Realty Professional Partners

    (602) 684-5476

    4 in this area

    125 Total Sales

    Marlene Reyes-burgess
    Section Image
  • Ruben Luna

    Buyer's Agent in 2021

    Ruben Luna

    eXp Realty

    (602) 726-4215

    43 in this area

    1,782 Total Sales

    Ruben Luna
    Section Image

  • Y

    Buyer Co-Listing Agent in 2021

    Yvette Marrero

    Barrett Real Estate

    (602) 456-7600

    1 in this area

    8 Total Sales

    Yvette Marrero
    Section Image
  • Cynthia Dominguez

    Seller's Agent in 2020

    Cynthia Dominguez

    eXp Realty

    (623) 986-2714

    10 Total Sales

    Cynthia Dominguez
    Section Image
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Map

Arizona Maricopa County Phoenix 85035 Maryvale

2537 N 48th Ln, Phoenix, AZ

This home is located at 2537 N 48th Ln, Phoenix, AZ 85035 and is currently estimated at $388,290, approximately $211 per square foot. 2537 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.

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