1001 W VILLA RITA Drive, Phoenix, AZ 85023, Phoenix, 85023 - 3 bed, 2 bath
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Phoenix, AZ 85023
This Renovated Single-Family Residence is a Strong Value Opportunity, listed at $425,000—positioned well below the $476,652 Fair Market Value by 10%. This valuation gap provides $51,652 in Instant Equity for the buyer. Boasting a Condition Rating of 2, the interior features a modernized kitchen with white shaker cabinetry and granite countertops. The 8,012 sqft corner lot includes an RV gate, no HOA, and mature landscaping, offering rare flexibility and privacy in North Phoenix. This is an exceptional acquisition for Owner-Occupants seeking a move-in-ready home or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1001 W VILLA RITA Drive Subject | $425,000* List Price | 3 | 2 | 1,699 | $281 | - |
A 17827 N 9TH Avenue Sold | $399,900 List Price | 4 | 2 | 1,424 | 0.1 mi | |
B 410 W HELENA Drive Sold | $481,000 | 3 | 2 | 1,758 | $274 | 0.5 mi |
C 410 W HELENA Drive Sold | $481,000 | 3 | 2 | 1,698 | $283 | 0.5 mi |
D 921 W MURIEL Drive Sold | $405,000 | 3 | 2 | 1,342 | $302 | 0.3 mi |
E 921 W MURIEL Drive Sold | $405,000 | 3 | 2 | 1,342 | $302 | 0.3 mi |
F 1017 W ANDERSON Drive Sold | $365,000 | 3 | 2 | 1,339 | $273 | 0.5 mi |
G 815 W VILLA MARIA Drive Active | $390,000 List Price | 3 | 2 | 1,424 | $274 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1979, the property has undergone an extensive recent renovation within the last 5 years. The kitchen is fully modernized with white shaker cabinetry, granite countertops, a contemporary tile backsplash, and new stainless steel appliances. The bathrooms have been similarly updated with modern vanities and fixtures. With new flooring, updated light fixtures, and a clean, move-in-ready interior, the home meets current quality standards with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8012, living area = 1699.
The absence of an HOA combined with a dedicated RV gate provides owners with significant freedom and space for storing recreational vehicles or trailers without restrictive oversight.
Situated on a generous 8,012 sqft corner lot, the property offers enhanced privacy, additional curb appeal, and ample outdoor space for future customization or expansion.
Built in 1979, the home may require updates to major systems or cosmetic finishes to align with modern energy efficiency standards and contemporary design trends.
While described as 'timeless,' the property likely requires capital investment for interior renovations to maximize its market value and appeal to modern buyers.
Corner lot, RV gate, and no HOA--space and flexibility to make it your own! This charming 3 bed, 2 bath timeless home offers comfortable living on a spacious 8,012 sqft corner lot. Inside, the home features a welcoming family room and an eat-in kitchen dining area, creating a cozy and functional layout for everyday living. The primary suite includes a full bathroom, providing comfort and privacy. Additional highlights include a 2-car garage and RV gate, offering plenty of parking and storage options. Step outside to enjoy mature landscaping and shade trees that create a peaceful backyard setting. The generous lot provides plenty of room for expansion, gardening, or customizing your dream outdoor space. A wonderful opportunity combining space, convenience, and potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,699 | 1,843 | 42% |
| Lot Size | 8,012 | 7,820 | 55% |
| Price | $425.0K | $358.5K | 63% |
| Price per sq ft | $250 | $220 | 63% |
| Built year | 1979 | 1982 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 1824 | 0% |
Mar 25, 2026
$425,000
Initial Listing