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21320 N 56TH Street #2047, Phoenix, AZ, 85054

2beds
2baths
1,697sqft
$554,990
$327price/sqft
$3,306/moest. monthly cost
$132,240/yrincome needed

About This Home

NOW THE BEST VALUE IN THE COMMUNITY--PRICED AT $554,990. Spacious 2-bedroom + den floorplan offers ideal flexibility for a home office, guest space, or potential 3rd bedroom. Rare opportunity to own this highly desirable layout with north/south exposure, two private covered balconies offering comfortable outdoor living space, and a true 2-car side-by-side garage. Open great room with gas fireplace. Generous primary suite with dual vanities, soaking tub, and separate shower. Vacant and move-in ready--ideal for a quick close. Priced to allow your own updates while still staying below competing units. Prime location near shopping, dining, and freeway access.

Getting Around

24
WalkingCar-Dependent
28
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

10/10
10/10
Pinnacle High SchoolGrades 7-122.7 mi
7/10
Explorer Middle SchoolGrades 7-81.5 mi

Construction

Condition

  • Year built: 2007

Materials

  • Roof: Tile
  • Construction materials: Stucco,Wood Frame,Painted,Stone

Other

  • Builder name: Homes by Towne

Type & Style

  • Home type: Condo
  • Architectural style: Santa Barbara/Tuscan
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Refrigerator,Built-in Microwave,Dishwasher,Gas Range,Gas Oven,Gas Cooktop
  • Laundry features: Inside,Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • High Speed Internet,Granite Counters,Double Vanity,Eat-in Kitchen,Breakfast Bar,Full Bth Master Bdrm,Separate Shwr & Tub
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Common walls with other units/homes: Neighbor Below

Heating & Cooling

  • Heating features: Heat Pump,Forced Air
  • Cooling features: Central Air,Ceiling Fan(s),Programmable Thmstat

Interior Area

  • Total structure area: 1,697
  • Total interior livable area: 1,697 sqft

Property

Details

  • Parcel number: 21239431
  • Attached to another structure: Yes

Features

  • Stories: 1
  • Patio & porch: Covered
  • Exterior features: Balcony,Storage
  • Spa features: None
  • Fencing: Block

Lot

  • Lot size: 1,676 sqft
  • Features: North/South Exposure,Desert Back,Desert Front

Parking

  • Total spaces: 2
  • Parking features: Detached Garage,Garage Door Opener,Shared Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Hail
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,806$33,672
Home Insurance $81$972
Property Taxes $203$2,436
Electricity $216$2,603
Total$3,306$39,672

Income You'd Need if You Spent...

35% on housing$113,348/yr
40% on housing$99,180/yr
45% on housing$88,160/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$327This listing

vs Other Active Listings

Avg $/sqft

ZIP 85054$345
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85054$408
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-22Price change$554,990
2026-04-09Price change$574,990
2026-03-11Price change$599,990
2026-02-12Listed for sale$609,990
2007-11-05Sold$402,911

For Sale by Agent

AgentJeremy Marks
BrokerageHomeSmart

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