10121 W MONTECITO Avenue, Phoenix, AZ 85037, Phoenix, 85037 - 3 bed, 2 bath
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Phoenix, AZ 85037
This Spacious Single-Family Residence is a High-Potential Investment Opportunity, listed at $379,999—positioned well below the $438,490 Fair Market Value by 13%. This valuation gap provides $58,491 in Instant Equity for the incoming buyer. While maintaining a Fair Condition Rating, the home features high-value upgrades including Pella energy-efficient windows and new wood flooring. The oversized 10,598 sqft lot with a private pool and pergola offers a premium outdoor lifestyle near the Westgate Entertainment District. This versatile asset is ideal for Owner-Occupants seeking a value-add home or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10121 W MONTECITO Avenue Subject | $379,999* List Price | 3 | 2 | 1,874 | $234 | - |
A 10001 W KINO Lane Sold | $293,000 List Price | 3 | 2 | 1,794 | 0.3 mi | |
B 4309 N 101ST Avenue Sold | $402,000 | 4 | 2 | 2,057 | $195 | 0.1 mi |
C 10225 W MINNEZONA Avenue Sold | $362,631 | 3 | 2 | 1,394 | $260 | 0.3 mi |
D 4616 N 105TH Avenue Sold | $379,000 List Price | 3 | 2 | 1,800 | 0.5 mi | |
E 4309 N 101ST Avenue Sold | $402,000 | 4 | 2 | 2,057 | $195 | 0.1 mi |
F 4253 N 103RD Avenue Sold | $418,500 List Price | 4 | 2 | 1,862 | 0.1 mi | |
G 10107 W MEADOWBROOK Avenue Active | $399,000 List Price | 3 | 2 | 1,902 | $210 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this property falls into the fair category as it is over 40 years old and, while maintained, shows significant signs of being outdated. Although the owners have added some recent improvements like new wood flooring, fresh paint, and energy-efficient Pella windows, the bathroom and kitchen areas (as seen in the images) retain older fixtures, cabinetry, and finishes. The outdoor concrete also shows visible cracking, indicating that while the home is functional and move-in ready, it has not undergone the extensive full-home renovation required for a higher rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10598, living area = 1874.
The oversized lot features a large pool, pergola, and fire pit, creating a premium backyard retreat ideal for the Phoenix climate and entertaining.
High-quality Pella windows and patio doors have been installed, significantly reducing utility costs and increasing comfort during hot Arizona summers.
The local elementary and high schools are rated a 4 out of 10, which may be a drawback for families prioritizing high-performing educational districts.
Built in 1981, the home likely requires further cosmetic or system updates beyond the recent flooring and paint to fully modernize the space.
Sitting on an oversized lot, with a pool, pergola, fire pit, and grassy area, this home has lot of potential! The pool is large enough to actually enjoy, the pergola gives you a shaded spot to retreat to, and the fire pit turns an ordinary evening into something worth staying outside for. A storage shed keeps the yard clean and functional without sacrificing the space. Inside, the owners have made updates where it counts. New wood flooring runs throughout, the main living areas have been freshly repainted, and a new refrigerator is already in place. The Pella windows and patio door are worth calling out specifically. Owners saw a significant drop in electric bills after installation, and in a Phoenix summer that kind of efficiency adds up fast. Proximity to the 101 Freeway, Westgate Entertainment District, State Farm Stadium, and plethora of restaurants and shopping are just minutes away. A well-maintained home, a backyard that delivers, and a location with real convenience. Come take a look!
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,874 | 1,788.5 | 58% |
| Lot Size | 10,598 | 6,161 | 96% |
| Price | $380.0K | $355.0K | 63% |
| Price per sq ft | $203 | $198 | 53% |
| Built year | 1981 | 1998 | 17% |
| HOA | $0 | $48 | 42% |
| Days on market | 31 | 342 | 0% |
Mar 26, 2026
$379,999
Initial Listing