
Phoenix, AZ 85014
This Completely Renovated Historic Home represents a Strong Value Opportunity, listed at $649,900—positioned well above the $601,341 Fair Market Value. While priced at a premium, the property features a Mint Condition Rating with all-new systems, including plumbing, electrical, and HVAC. The oversized 8,771 sqft lot offers significant ADU Development Potential and No HOA Restrictions, providing rare flexibility for future expansion. This turnkey asset is an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants prioritizing a move-in ready lifestyle in a central Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1020 E MINNEZONA Avenue Subject | $649,900* List Price | 3 | 2 | 1,559 | $386 | - |
A 4306 N 10TH Street Sold | $540,000 List Price | 3 | 2 | 1,524 | 0.3 mi | |
B 1221 E ELM Street Active | $549,000 List Price | 3 | 2 | 1,709 | $321 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1934, the property has been completely redone with a full renovation including all-new roofing, electrical, plumbing, and HVAC systems. The kitchen and bathrooms feature new cabinets and tile showers, qualifying it as a mint-condition home with a renovation less than 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8771, living area = 1559.
This 1934 historic home has been fully modernized with all-new roofing, HVAC, electrical, plumbing, and windows, all performed by licensed contractors with warranties for peace of mind.
The oversized 8,771 sqft lot provides ample space and the specific potential to add an Accessory Dwelling Unit (ADU), offering a unique opportunity for rental income or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1559, other record living area = 996. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The assigned elementary, middle, and high schools all carry a rating of 4, which may be a concern for families prioritizing high-performing educational districts.
The property features only a one-car garage currently utilized for storage, which may be insufficient for a three-bedroom household requiring multi-vehicle covered parking.
Completely redone 1934 historic home featuring all new roofing, flooring, cabinets, electrical, plumbing Hvac and much more! big lot can fit a ADU on the lot as well in future, has a 1 car garage for storage and 2 storage containers in back new landscaping new windows doors, tile showers, all work done licensed and all work is warrantied. come see it before its gone!
No exterior & parking available.
Grades PK-4 • 1.2 mi
Grades 5-8 • 0.5 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,559 | - |
| Lot Size | 8,771 | - |
| Price | $649.9K | $495.4K |
| Price per sq ft | $417 | $290 |
| Built year | 1934 | 0 |
| HOA | $0 | $0 |
| Days on market | 55 | 1260 |
May 28, 2026
$649,900
Initial Listing