NOT LISTED FOR SALE

3020 N 54th Ln Phoenix, AZ 85031

Estimated Value: $322,000 - $357,000

4 Beds
2 Baths
1,585 Sq Ft
$215/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $193,500 $122 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,010/month

7 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • High-Efficiency Water Heater

About This Home

As of September 2020

Great Investment Opportunity! 4 bedroom 2 bath home on a 14,292 sq ft lot. No HOA and RV gate with plenty of room for toys or an RV. Home is being sold as-is as seller is unable to make repairs.

Last Agent to Sell the Property

Jim Groff

My Home Group Real Estate License #SA684517000 Listed on: 08/19/2020

My Home Group Real Estate

Co-Listed By

Mary Groff

My Home Group Real Estate License #SA638181000

Last Buyer's Agent

Janet Rios

CPA Advantage Realty, LLC License #SA654689000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $861

Year Built

  • Built in 1959

Lot Details

  • 0.33 Acre Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Block Wall Fence

Parking

  • 1 Car Garage

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,585 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Evaporated cooling system
  • Refrigerated and Evaporative Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • High-Efficiency Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by John F Long
  • Maryvale Terrace 19 Lts 6441 6445 & Tr A Subdivision

Listing and Financial Details

  • Tax Lot 6535
  • Assessor Parcel Number 103-40-162

Home Details

Home Type

Single Family

Est. Annual Taxes

$861

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Thomas & 55th Ave
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2010
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1959
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.33
  • Co List Office Mls Id: myhg24
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: MARYVALE TERRACE 19 LTS 6441-6445 & TR A
  • Architectural Style: Ranch
  • New Construction: No
  • Efficiency: Water Heater
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 122.08
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 1585.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Cul-De-Sac, Dirt Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Both Refrig & Evap, Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: 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: Cartwright 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: 14292.0
  • Parcel #: 103-40-162

Building Info

  • Builder Name: John F Long

Tax Info

  • Tax Annual Amount: 861.0
  • Tax Book Number: 103.00
  • Tax Lot: 6535
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Oct 21, 2020
Sold by
Rios Jesus and Rios Maria
Bought by
Rios Jesus and Rios Maria
Seller's Agent
Jim Groff
My Home Group Real Estate
Buyer's Agent
Janet Rios
CPA Advantage Realty, LLC
List Price
$170,000
Sold Price
$193,500
Premium/Discount to List
$23,500
13.82%
Current Estimated Value
$341,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,869
Avg. Annual Appreciation
11.47%
Original Mortgage
$199,400
Outstanding Balance
$177,032
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$164,337

Purchase Details

Listed on
Aug 19, 2020
Closed on
Oct 9, 2020
Sold by
New Era Investors Llc
Bought by
Rios Jesus and Rios Maria
Seller's Agent
Jim Groff
My Home Group Real Estate
Buyer's Agent
Janet Rios
CPA Advantage Realty, LLC
List Price
$170,000
Sold Price
$193,500
Premium/Discount to List
$23,500
13.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,400
Outstanding Balance
$177,032
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$164,337

Purchase Details

Listed on
Aug 19, 2020
Closed on
Aug 27, 2020
Sold by
Hughes William C and Baldwin Cathy
Bought by
New Era Investors Llc
Seller's Agent
Jim Groff
My Home Group Real Estate
Buyer's Agent
Janet Rios
CPA Advantage Realty, LLC
List Price
$170,000
Sold Price
$193,500
Premium/Discount to List
$23,500
13.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,400
Outstanding Balance
$177,032
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$164,337

Purchase Details

Closed on
Jun 15, 2015
Sold by
Rodriguez Lisa S
Bought by
Hughes Nancy Jo and Hughes William Clyde

Purchase Details

Closed on
Jul 15, 2000
Sold by
Hughes Clyde W
Bought by
Hughes Carrie L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Rios Jesus -- Accommodation
Rios Jesus $238,000 Magnus Title Agency
New Era Investors Llc -- Az Title Agency Llc
New Era Investors Llc $193,500 Az Title Agency Llc
Hughes Nancy Jo -- None Available
Hughes Carrie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Jesus $199,400
Previous Owner New Era Investors Llc $154,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $193,500 +13.8% $122 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/16/2020 08/16/20 For Sale $170,000 -- $107 / 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 $2,550 $6,268 -- --
2024 $1,091 $5,970 -- --
2023 $1,091 $25,030 $5,000 $20,030
2022 $1,115 $18,780 $3,750 $15,030
2021 $955 $16,870 $3,370 $13,500
2020 $902 $15,110 $3,020 $12,090
2019 $861 $12,980 $2,590 $10,390
2018 $899 $11,530 $2,300 $9,230
2017 $858 $9,630 $1,920 $7,710
2016 $819 $8,350 $1,670 $6,680
2015 $755 $7,120 $1,420 $5,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6118515

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-40-162