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$299,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 5508 S 12th Way
General
- Price: $299,000
- Taxes: $778 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7033639
- Updated: 5/27/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: No Interior Steps
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: None
Exterior
- Exterior Features: Other
Location
- County: Maricopa
- Township: 1N
- Subdivision: PANORAMA PARK 2
- Cross Streets: 16th St and Southern
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Natural Gas
Utilities
- Water: City Water
Structural Information
- Exterior Const.: Painted, Block
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 1970
Manufactured Home
- Mobile Home Type: Other
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,011
- Lot Size Source: Assessor
- Lot Features: Dirt Front
Financial Considerations
- Tax Amount: $778
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 36 PANORAMA PARK 2 MCR 008619
- Property ID: 113-60-146
- Range: 3E
- Section: 28
- Lot Number: 36
Listed by American Key Realty
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Schools
Schools serving 5508 S 12th Way
School Districts:Roosevelt Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
John F Kennedy Elementary School 6825 South 10th Street, Phoenix, AZ 85042 | PK-3 | 0.8 mi |
C O Greenfield School 7009 South 10th Street, Phoenix, AZ 85042 | 4-8 | 1 mi |
South Mountain High School 5401 S 7th St, Phoenix, AZ 85040 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5508 S 12th Way
Date
Details
Price
Change
Source
5/27/2026
Listed
$299,000
26.16%
MLS
12/10/2020
Sold
$237,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5508 S 12th Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$778
—
$5,757
-80%
2025
$778
6%
$28,630
-2%
2023
$735
2%
$29,150
25%
2022
$720
—
$23,260
30%
2022
$720
-3%
$17,950
13%
2021
$742
1%
$15,880
8%
2020
$733
4%
$14,770
14%
2019
$708
3%
$12,980
21%
2018
$688
7%
$10,720
27%
2017
$641
5%
$8,450
17%
2016
$608
8%
$7,210
37%
2015
$565
-2%
$5,250
24%
2014
$576
38%
$4,250
39%
2013
$417
—
$3,060
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5508 S 12th Way
5508 S 12th Way, Phoenix, AZ 85040 (MLS# 7033639) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5508 S 12th Way is currently listed for $299,000 and was received on May 27, 2026. Want to learn more about 5508 S 12th Way? Do you have questions about finding other Single Family real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

