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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

  • 25 days on market
    • Price drop $50,000↓
    • Open house Mar 08
Discover the epitome of Mid-Century Modern living in this exquisite home, perfectly situated on a sprawling 22,000 square foot lot, offering unparalleled views of the majestic Papago Buttes. This captivating residence features four spacious bedrooms and two luxurious bathrooms, ensuring ample room for relaxation and comfort. Step outside to experience the ultimate in outdoor living. The expansive 325 square foot deck is the ideal vantage point to soak in stunning vistas and enjoy al fresco dining under the stars. This outdoor space truly is the best seat in the house, perfect for entertaining or unwinding in serene surroundings. The heart of this home is the newly remodeled kitchen, a chef's dream. It boasts elegant wood grain flat panel custom cabinets, top-of-the-line Café appliances, and a tasteful backsplash that adds sophistication. Whether you're hosting dinner parties or enjoying a quiet meal, this kitchen is sure to impress. The great room is a standout feature, showcasing a vaulted cathedral-style beamed ceiling that creates an airy, open atmosphere. The unique fireplace serves as a stunning focal point, making this space not only functional but also a work of art, ideal for cozy gatherings with family and friends. For those seeking a quiet retreat, an additional office/bedroom with a separate entrance offers a peaceful workspace or private guest suite. This versatile space easily adapts to your needs, whether for work or leisure. No oasis is complete without a touch of luxury. This home features a beautiful new swim spa, inviting you to relax and rejuvenate in your private sanctuary. The renovated back patio with misters and landscaped surroundings create a tranquil escape where you can unwind and enjoy the beauty of nature. Located in the sought-after Arcadia area, this property places you in the heart of some of Phoenix's most cherished attractions. Enjoy easy access to the Desert Botanical Gardens, Papago Park, and the Phoenix Zoo, all just minutes away. For shopping and dining enthusiasts, Old Town Scottsdale and Scottsdale Fashion Square are within a short drive, offering a vibrant array of options. Plus, with Sky Harbor International Airport nearby, travel is a breeze. With **NO HOA**, you have the freedom to personalize and enjoy your property without restrictions. Don't miss this rare opportunity to own a stunning Mid-Century Modern home in a charming neighborhood that is hard to come by. Make this oasis your own and embrace the lifestyle you've always dreamed of.

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

$555,414
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$502,586
Cash to seller
$555,414

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

$502,586

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: 03/03/2025 at 10:35 PM

Listing updated: 03/03/2025 at 9:48 AM

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

MLS: ArizonaRegional #6815815

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