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$1,150,000

Beds
4
Baths
2.0
sq ft
1,962

2306 North 55th Street, Phoenix, AZ 85008

2306 North 55th Street

Phoenix, AZ 85008

  • 56 days on market
    • Price drop $50,000↓
Experience Mid-Century Modern living on a 22,000 sq. ft. lot with breathtaking Papago Buttes views. This 4-bed, 2-bath home features a vaulted beamed ceiling, a striking fireplace, and a newly remodeled kitchen with custom cabinets and top-tier Café appliances. Enjoy seamless indoor-outdoor living with a 325 sq. ft. deck, a new swim spa, and a renovated patio with misters. A separate office/bedroom with a private entrance offers flexibility. Located in Arcadia, minutes from Desert Botanical Gardens, Papago Park, and Old Town Scottsdale. NO HOA! Don't miss this rare opportunity!

Details

Property type

Single Family Residence

Est. home value

$851,112

Lot size

0.52 acres

Price per sq ft

$587

Year built

1964

Annual property taxes

$3,275

HOA

No

Price History

02/20/2025
ArizonaRegional

ArizonaRegional #6815815

Price change
$1,150,000
-4.17%
02/06/2025
ArizonaRegional

ArizonaRegional #6815815

Listed
$1,200,000
+60.21%
05/06/2021
ArizonaRegional

ArizonaRegional #6210351

Sold
$749,000
+80.48%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Griffith Elementary School

Middle school: 

Pat Tillman Middle School

High school: 

Camelback High School

High school district: 

Phoenix Union High School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$556,467
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$501,533
Cash to seller
$556,467

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

April 2021

Original loan amount

$548,250

Est. remaining balance

$501,533

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Laura Patterson and William Patterson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/03/2025 at 11:55 AM

Listing updated: 03/16/2025 at 9:03 AM

Listed by: Laura Patterson, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6815815

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