21320 N 56TH Street 2047, Phoenix, AZ 85054, Phoenix, 85054 - 2 bed, 2 bath
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Phoenix, AZ 85054
This Spacious Versatile Condominium represents a stable market entry listed at $554,990, aligning with its $554,990 Fair Market Value. Boasting a Good Condition Rating, the residence features a rare side-by-side 2-car garage, a flexible den, and a private patio and deck with desirable north/south exposure. While the interior features original finishes, the property is strategically priced as the community's best value, offering significant upside through cosmetic personalization near Desert Ridge. With access to a resort-style pool and spa, this home is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21320 N 56TH Street 2047 Subject | $554,990* List Price | 2 | 2 | 1,697 | $327 | - |
A 21320 N 56TH Street 2048 Sold | $430,000 | 2 | 2 | 1,408 | $305 | 0.0 mi |
B 21320 N 56TH Street 1140 Sold | $625,000 | 2 | 2 | 1,697 | $368 | 0.1 mi |
C 21320 N 56TH Street 2151 Sold | $599,900 List Price | 2 | 2 | 1,843 | 0.1 mi | |
D 21320 N 56TH Street 1163 Sold | $635,500 | 2 | 2 | 1,884 | $337 | 0.1 mi |
E 21320 N 56th Street 1163 Sold | $635,500 | 2 | 2 | 1,884 | $337 | 0.1 mi |
F 5350 E DEER VALLEY Drive 2256 Sold | $500,000 | 2 | 2 | 1,468 | $341 | 0.2 mi |
G 5350 E DEER VALLEY Drive 2256 Active | $524,000 List Price | 2 | 2 | 1,468 | $357 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (19 years old), the property falls within the 10-20 year 'Good' range. The interior is well-maintained and move-in ready with functional systems. While the kitchen and bathrooms feature original cabinetry and finishes that are beginning to look dated, they are in good repair, and the listing is priced to reflect the need for cosmetic updates.
The spacious 2-bedroom plus den layout offers exceptional flexibility, easily functioning as a home office, guest room, or a potential third bedroom to suit various lifestyle needs.
Features a rare side-by-side 2-car garage and two private covered balconies with desirable north/south exposure, providing significantly more utility and comfort than typical condominium units.
Situated in the prime Desert Ridge area near high-end shopping and dining, this unit is aggressively priced as the best value in the community, offering immediate equity potential for buyers.
The property is priced to reflect a need for cosmetic updates, suggesting that the 2007 original finishes may require additional investment to meet modern luxury standards.
A history of multiple price reductions since the initial listing may lead prospective buyers to perceive the property as difficult to sell or previously overpriced.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,697 | - |
| Lot Size | 1,676 | - |
| Price | $555.0K | $310.8K |
| Price per sq ft | $327 | $272 |
| Built year | 2007 | 0 |
| HOA | $380 | $0 |
| Days on market | 161 | 1408 |
Apr 22, 2026
$554,990
$574,990
-3% Price Drop
Initial Listing
Apr 10, 2026
$574,990
$599,990
-4% Price Drop
Initial Listing
Feb 12, 2026
$599,990
Initial Listing