$48,000
SOLD JUN 28, 2012

2802 N 54th Ln Phoenix, AZ 85035

3 Beds
2 Baths
1,806 Sq Ft
6,307 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

7% Above List Price

11 Days on Market

Highlights

  • RV Gated
  • 1 Fireplace
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • No HOA
  • Refrigerated and Evaporative Cooling System

About This Home

As of April 2013

Large house at great price. short sale.

Last Agent to Sell the Property

Leonila Bustamante

AZ Brokerage Holdings, LLC License #SA029014000 Listed on: 03/11/2012

Last Buyer's Agent

Li Li

West USA Realty License #SA552428000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $634

Year Built

  • Built in 1961

Lot Details

  • 6,307 Sq Ft Lot
  • Block Wall Fence

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,806 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Tile Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • RV Gated

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Homestead Terrace 2 Subdivision

Listing and Financial Details

  • Short Sale
  • Tax Lot 143
  • Assessor Parcel Number 103-55-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$634

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: Thomas and 55th Ave.
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Year Built: 1961
  • Tax Year: 2011
  • Directions: South to Cambridge, North on 55th Lane to property on westside of road.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: Homestead Terrace 2
  • Architectural Style: Ranch
  • Water Source City Water: Yes
  • Special Listing Cond:Short Sale: Yes
  • Special Features: 12

Interior Features

  • Basement: None
  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1806.0
  • Stories: 1
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Parking Features: RV Gate
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Both Refrig & Evap
  • 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 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

  • Lot Size Sq Ft: 6307.0
  • Parcel #: 103-55-057

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 634.0
  • Tax Book Number: 103.00
  • Tax Lot: 143
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Vargas Jesus Alan Martinez
Bought by
Borbon Guadalupe Vargas
Current Estimated Value
$325,992

Purchase Details

Listed on
Feb 17, 2013
Closed on
Apr 11, 2013
Sold by
Zhang Xianping
Bought by
Vargas Jesus Alan Martinez
Seller's Agent
Li Li
West USA Realty
Buyer's Agent
Susana Mata
HomeSmart
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%
Original Mortgage
$88,369
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 11, 2012
Closed on
Jun 29, 2012
Sold by
Shi Jianmin
Bought by
Zhang Xianping
Seller's Agent
Leonila Bustamante
AZ Brokerage Holdings, LLC
Buyer's Agent
Li Li
West USA Realty
List Price
$45,000
Sold Price
$48,000
Premium/Discount to List
$3,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.41%

Purchase Details

Closed on
Mar 27, 2012
Sold by
Esquer Jose S
Bought by
Zhang Xianping
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Quit Claim Deed -- Empire West Title
Warranty Deed $90,000 Empire West Title Agency
Quit Claim Deed -- First American Title Ins Co
Cash Sale Deed $52,351 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $88,369 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2013 04/16/13 Sold $90,000 0.0% $50 / Sq Ft
03/10/2013 03/10/13 Pending -- -- --
02/17/2013 02/17/13 For Sale $90,000 +87.5% $50 / Sq Ft
06/28/2012 06/28/12 Sold $48,000 +6.7% $27 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
03/11/2012 03/11/12 For Sale $45,000 -- $25 / 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 $925 $5,964 -- --
2024 $948 $5,680 -- --
2023 $948 $23,850 $4,770 $19,080
2022 $890 $18,500 $3,700 $14,800
2021 $909 $16,120 $3,220 $12,900
2020 $858 $14,700 $2,940 $11,760
2019 $819 $12,780 $2,550 $10,230
2018 $856 $11,420 $2,280 $9,140
2017 $816 $9,200 $1,840 $7,360
2016 $780 $8,000 $1,600 $6,400
2015 $719 $6,730 $1,340 $5,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4731253

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-55-057