Welcome to 5508 S 2th Way, a great opportunity to own a phoenix property at an attractive price point. This home offers solid potential with a functional layout and plenty of space to make it your own. While the property does need some work and updates, the discounted price reflects the condition, making it an excellent opportunity for buyers looking to add value and build equity. Conveniently located near shopping, dining, schools, and local amenities, this property is full of potential and ready for your vision.
For sale
$299,000
5508 S 12TH Way, Phoenix, AZ 85040
3beds
1,692sqft
Single Family Residence
Built in 1970
6,011 Square Feet Lot
$-- Zestimate®
$177/sqft
$-- HOA
What's special
Functional layout
- 33 days |
- 747 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Ryan O'Sullivan 206-402-7570,
American Key Realty,
Elliott McAllister 602-326-0851,
American Key Realty
Source: ARMLS,MLS#: 7033639

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Laundry: None
Features
- No Interior Steps
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,692
- Total interior livable area: 1,692 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Open
- Carport spaces: 1
- Uncovered spaces: 1
Features
- Stories: 1
- Exterior features: Other
- Spa features: None
- Fencing: Chain Link
Lot
- Size: 6,011 Square Feet
- Features: Dirt Front
Details
- Parcel number: 11360146
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Subdivision: PANORAMA PARK 2
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $270,500
- Annual tax amount: $778
- Date on market: 6/2/2026
- Cumulative days on market: 33 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Body type: Other
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $299,000$177/sqft |
Source: | ||
| 6/2/2026 | Pending sale | $299,000$177/sqft |
Source: | ||
| 5/27/2026 | Listed for sale | $299,000+26.2%$177/sqft |
Source: | ||
| 12/15/2020 | Sold | $237,000-5.2%$140/sqft |
Source: | ||
| 10/27/2020 | Pending sale | $250,000$148/sqft |
Source: Stunning Homes Realty #6150391 Report a problem | ||
| 10/22/2020 | Listed for sale | $250,000+43.7%$148/sqft |
Source: Stunning Homes Realty #6150391 Report a problem | ||
| 8/25/2020 | Sold | $174,000-15.1%$103/sqft |
Source: Public Record Report a problem | ||
| 4/1/2020 | Listing removed | $205,000$121/sqft |
Source: Libertas Real Estate #6026280 Report a problem | ||
| 3/3/2020 | Listed for sale | $205,000$121/sqft |
Source: Libertas Real Estate #6026280 Report a problem | ||
| 3/2/2020 | Pending sale | $205,000$121/sqft |
Source: Libertas Real Estate #6026280 Report a problem | ||
| 2/15/2020 | Price change | $205,000-5.5%$121/sqft |
Source: Libertas Real Estate #6026280 Report a problem | ||
| 1/20/2020 | Listed for sale | $217,000$128/sqft |
Source: Libertas Real Estate #6026280 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $778 +2.6% | $27,050 -7.2% |
| 2024 | $758 +3.1% | $29,150 +458.2% |
| 2023 | $735 +2.1% | $5,222 -70.9% |
| 2022 | $720 -1.8% | $17,950 +13% |
| 2021 | $733 +3.5% | $15,880 +7.5% |
| 2020 | $708 +3% | $14,770 +13.8% |
| 2019 | $688 | $12,980 +21.1% |
| 2018 | $688 +7.3% | $10,720 +26.9% |
| 2017 | $641 +13.5% | $8,450 +17.2% |
| 2016 | $565 -1.8% | $7,210 +37.3% |
| 2015 | $576 | $5,250 +23.5% |
| 2014 | -- | $4,250 +38.9% |
| 2013 | -- | $3,060 -13.3% |
| 2012 | -- | $3,530 -36.2% |
| 2011 | -- | $5,530 -35.5% |
| 2010 | -- | $8,580 -36.9% |
| 2009 | -- | $13,600 -11.4% |
| 2008 | -- | $15,350 +27.4% |
| 2007 | -- | $12,050 +17.6% |
| 2006 | -- | $10,250 |
| 2005 | -- | $10,250 +39.5% |
| 2004 | -- | $7,350 |
| 2003 | -- | $7,350 +17.6% |
| 2002 | -- | $6,250 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: South Mountain
Nearby schools
GreatSchools rating
- NAJohn F Kennedy Elementary SchoolGrades: PK-4Distance: 0.8 mi
- 2/10C O Greenfield SchoolGrades: K-8Distance: 1 mi
- 2/10South Mountain High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: John F Kennedy Elementary School
- Middle: C O Greenfield School
- High: South Mountain High School
- District: Roosevelt Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85040
- South Mountain
- 5508 S 12TH Way





