10228 N 12TH Place 1, Phoenix, AZ 85020, Phoenix, 85020 - 2 bed, 3 bath
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Phoenix, AZ 85020
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $360,000—positioned well below the $390,400 Fair Market Value by 7%. This valuation gap provides $30,400 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern quartz finishes and a versatile loft, this home offers a premium lifestyle with mountain views and resort-style amenities. It is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or first-time buyers prioritizing convenience and long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10228 N 12TH Place 1 Subject | $360,000* List Price | 2 | 3 | 1,440 | $271 | - |
A 10224 N 12TH Place 2 Sold | $350,000 | 2 | 3 | 1,440 | $243 | 0.0 mi |
B 10410 N CAVE CREEK Road 1082 Sold | $295,000 | 2 | 2 | 1,082 | $273 | 0.1 mi |
C 10410 N CAVE CREEK Road 1082 Sold | $295,000 | 2 | 2 | 1,082 | $273 | 0.1 mi |
D 10445 N 11TH Place 3 Sold | $281,500 | 2 | 2 | 1,060 | $266 | 0.2 mi |
E 10232 N 12TH Court 3 Active | $375,000 List Price | 2 | 2 | 1,474 | $254 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1994, the property has undergone a comprehensive renovation within the last 5 years. The kitchen features modern quartz countertops, stainless steel appliances, and updated lighting. Bathrooms have been refreshed with new vanities, hardware, and wood-look flooring. The unit is in mint, move-in ready condition with no visible deferred maintenance.
Located in the gated Pointe Tapatio community, this home offers stunning mountain views and immediate access to premium amenities including heated pools, spas, and sports courts.
The interior features vaulted ceilings, an updated kitchen, and a versatile loft space perfect for a home office, providing a spacious and contemporary feel.
The monthly association fee offers significant value by covering water, sewer, trash, and cable, simplifying monthly budgeting for the homeowner.
The assigned elementary school has a rating of 3, which may be a concern for families prioritizing high-performing primary education.
A $376 monthly HOA fee, while inclusive of utilities, adds a substantial recurring expense that could impact overall affordability for some buyers.
Beautifully updated townhouse in the gated Pointe Tapatio community featuring 2 bedrooms, 2.5 baths, and a spacious loft perfect for a home office or flex space. Vaulted ceilings, abundant natural light, fireplace, private patio, and direct-access garage create a comfortable and functional layout. Community amenities include heated pools, spas, tennis and basketball courts, lush greenbelts, and walking paths. Conveniently located near North Mountain hiking trails, major freeways, shopping, dining, and Downtown Phoenix. HOA covers water, sewer, trash, and cable.
No exterior & parking available.
Grades K-8 • 0.9 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,440 | - |
| Lot Size | 738 | - |
| Price | $360.0K | $310.8K |
| Price per sq ft | $250 | $272 |
| Built year | 1994 | 0 |
| HOA | $376 | $0 |
| Days on market | 32 | 1408 |
Jun 20, 2026
$360,000
Initial Listing