5508 S 12TH Way, Phoenix, AZ 85040

$299,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,692 Lot Size (sq. ft.): 6,011 Status: Active
Current Price: $299,000 Last Modified: 5/27/2026

Overview

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.

Listing Details MLS# 7033639

Location, Tax & Legal

House Number
5508
Compass
S
Street Name
12TH
St Suffix
Way
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
Zip4
3206
Country
US
County Code
Maricopa
Assessor Number
113-60-146
Subdivision
PANORAMA PARK 2
Tax Year
2025
Assessor's Map #
60
Legal Description (Abbrev)
LOT 36 PANORAMA PARK 2 MCR 008619
Assessor's Parcel #
146
Tax Municipality
Phoenix
Taxes
778

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
3
Full Bathrooms
2
Total Bathrooms
2
Approx SQFT
1692
Price/SqFt
176.71
Horses
N
Builder Name
Unknown
Year Built
1970
Lead Based Hazard Disclosure
No
Approx Lot SqFt
6011
Approx Lot Acres
0.138
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Elementary School District
Roosevelt Elementary District
High School District
Phoenix Union High School District
Elementary School
John F Kennedy Elementary School
Jr. High School
C O Greenfield School
High School
South Mountain High School
Half Bathrooms
0

Remarks Misc

Cross Street
16th St and Southern

Legal Info

Township
1N
Range
3E
Section
28
Lot Number
36

Basement

Basement Y/N
N

More Information

Parking Spaces

Carport Spaces
Yes
Slab Parking Spaces
Yes
Total Covered Spaces
Yes

Showing Notification Methods

Showing Service
Aligned Showings

Special Listing Cond

N/A
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Association & Fees

HOA Y/N
N
PAD Fee Y/N
N
Land Lease Fee Y/N
N
Ttl Mthly Fee Equiv
0

Lockbox Type

Combo
Yes

Master Bathroom

Other (See Remarks)
Yes

Dining Area

Other (See Remarks)
Yes

Heating

Natural Gas
Yes

Kitchen Features

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Interior Features

No Interior Steps
Yes

Laundry

None
Yes

Other Rooms

Family Room
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Fencing

Chain Link
Yes

Water Source

City Water
Yes

Exterior Features

Other
Yes

Spa

None
Yes

Manufactured Home Features

Other
Yes

Sewer

Sewer - Public
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Utilities

SRP
Yes

Existing 1st Loan

FHA
Yes

Landscaping

Dirt Front
Yes

Disclosures

None
Yes

Possession

By Agreement
Yes

Association Fee Incl

No Fees
Yes

Assoc Rules/Info

None
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: Other (See Remarks) Spa: None Dining Area: Other (See Remarks) Kitchen Features: None Laundry: None Other Rooms: Family Room Interior Features: No Interior Steps Exterior Features: Other Manufactured Home Features: Other Construction: Block Const - Finish: Painted Roofing: Composition Cooling: Central Air; Ceiling Fan(s) Heating: Natural Gas Utilities: SRP Water Source: City Water Sewer: Sewer - Public Fencing: Chain Link Landscaping: Dirt Front Lockbox Type: Combo Possession: By Agreement Association Fee Incl: No Fees Existing 1st Loan: FHA New Financing: Cash; VA; FHA; Conventional Disclosures: None
IDX
Listing Office: American Key Realty
Last Updated: May - 27 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.