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505 Desert Ln

Phoenix, AZ 85041

3 bd 2 ba 1,618 sqft Built 2015 Lot 5,552 sqft single_family
Most recent sale
$450,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $450,000 MLS #6382791
Apr 13, 2022 Listed $425,000 MLS #6382791
Oct 23, 2015 Sold $198,340 Public Record
Jul 2, 2015 Sold $28,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $33,610 $2,400
2024 $33,610 $2,339
2023 $35,250 $2,268
2022 $18,370 $4,590 $22,960 $2,221
2021 $17,460 $4,360 $21,820 $2,291
2020 $16,280 $4,070 $20,350 $2,262
2019 $14,740 $3,680 $18,420 $2,185
2018 $14,250 $3,560 $17,810 $2,122
2017 $12,830 $3,200 $16,030 $1,978
2016 $3,810 $3,810 $267
2015 $4,448 $4,448 $268
2014 $1,584 $1,584 $259
2013 $1,680 $1,680 $220
2012 $1,680 $1,680 $175
2011 $1,120 $1,120 $255
2009 $7,440 $7,440 $705

Property facts

Year built
2015
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,618 sqft
Lot size
5,552 sqft
ZIP code
85041
City
Phoenix
Street
Desert Ln
Coordinates
33.37244, -112.08060

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,508
Gross rental yield
6.69%
Implied cap rate
4.35%
Trend-extrapolated value

Frequently asked questions

When did 505 Desert Ln last sell?
505 Desert Ln most recently sold on May 6, 2022 for $450,000.
What is the current tax assessment for 505 Desert Ln?
The most recent total assessment for 505 Desert Ln (year 2025) is $33,610 with $2,400 in property tax.
How does 505 Desert Ln's assessment compare to its last sale price?
The current assessment is 92.5% below the last sale price of $450,000.
When was 505 Desert Ln built?
505 Desert Ln was built in 2015.
How does 505 Desert Ln compare to others on Desert Ln?
We track 8 other properties on Desert Ln. Browse the list under "Other properties on Desert Ln" to compare beds, baths, and sale history.
What are the property facts for 505 Desert Ln?
505 Desert Ln is a 3 bed, 2 bath, 1,618 sqft, 5,552 sqft lot single_family.
Is 505 Desert Ln a flip candidate?
No — 505 Desert Ln does not appear in our flips dataset.
Is 505 Desert Ln a tax-appeal candidate?
No — 505 Desert Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$469.9K
2026 Q4
$468.1K
ZIP 85041 — Median Price History + Forecast

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