
Phoenix, AZ 85020
This Turnkey Condominium is a Strong Value Opportunity, listed at $385,000—positioned well below the $416,955 Fair Market Value by 7%. This valuation gap offers $31,955 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts a Granite Kitchen, new roof, and private courtyard with Mountain Views. Located near top-rated schools like Madison Heights, this property is an ideal acquisition for Owner-Occupants seeking a lifestyle-focused residence or first-time buyers prioritizing a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1035 E NORTHERN Avenue Subject | $385,000* List Price | 3 | 2 | 1,400 | $298 | - |
A 1066 E PUEBLO Road Sold | $355,000 | 3 | 2 | 1,330 | $267 | 0.0 mi |
B 8406 N CENTRAL Avenue A Sold | $315,000 List Price | 3 | 2 | 1,255 | 1.0 mi | |
C 1411 E ORANGEWOOD Avenue 238 Sold | $420,000 | 3 | 2 | 1,244 | $338 | 0.7 mi |
D 1811 E HAYWARD Avenue 1 Sold | $310,000 | 2 | 2 | 976 | $318 | 1.0 mi |
E 1333 E MORTEN Avenue 117 Sold | $310,000 | 2 | 2 | 961 | $323 | 0.5 mi |
F 8422 N CENTRAL Avenue B Active Under Contract | $369,900 List Price | 3 | 2 | 1,408 | $263 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1974, the property has undergone a comprehensive high-end renovation within the last 5 years. Key updates include a new roof, modern kitchen with granite countertops and pot filler, updated bathrooms, new flooring, and new appliances, making it move-in ready with no immediate maintenance required.
Perfectly positioned near Piestewa Peak and the Biltmore district, offering residents exceptional access to premier hiking, high-end dining, and major transportation hubs.
The property features a brand-new roof, new appliances, and fresh interior paint, significantly reducing immediate capital expenditure for the new owner.
Spanish-inspired architecture paired with high ceilings, multiple skylights, and a private courtyard creates a bright, sophisticated, and airy living environment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1400, other record living area = 1330.
Originally built in 1974, the property may require more frequent maintenance of older plumbing or electrical systems common to homes of this era.
The $327 monthly association fee adds a fixed recurring expense that may impact the overall affordability for budget-conscious buyers.
Opportunities to own one of these highly sought-after single-story villas are few and far between. Perfectly positioned in a prime central Phoenix location, this beautiful low maintenance home combines timeless Spanish-inspired architecture with the convenience of being just minutes from hiking, dining, shopping, and major freeway access. Recent improvements include a New roof, New interior paint & Accent Wall, New refrigerator & dishwasher, a Reverse Osmosis and Alkaline Water System, and a newly installed sliding glass door. A private courtyard entry welcomes you home, while high ceilings and expansive shuttered windows fill the interior with natural light. The shutters, paired with a beautiful accent wall, create a warm and inviting focal point that brings the living space to life The thoughtfully designed open floor plan offers seamless flow between the living, dining, and kitchen areas, making the home equally suited for everyday living and entertaining. The kitchen showcases granite countertops, a timeless backsplash, open shelving, abundant storage, a pot filler, and generous prep space. A large skylight floods the space with natural light, creating an inviting atmosphere that makes the kitchen feel warm, bright, and truly the heart of the home. The relaxing primary suite features private patio access and outdoor storage space. The ensuite bath offers a dual-sink vanity, while the beautifully updated guest bathroom feels bright and timeless, featuring its own skylight. Pride of ownership is evident at every turn. Located just minutes from Piestewa Peak hiking trails, the Biltmore dining and shopping district, Scottsdale, and Sky Harbor Airport, this home offers the ideal balance of tranquility, accessibility, and lifestyle.
No exterior & parking available.
Grades PK-4 • 1.6 mi
Grades 5-8 • 2.5 mi
Grades 9-12 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,400 | - |
| Lot Size | 10,803 | - |
| Price | $385.0K | $310.8K |
| Price per sq ft | $275 | $272 |
| Built year | 1974 | 0 |
| HOA | $327 | $0 |
| Days on market | 49 | 1408 |
Jun 3, 2026
$385,000
Initial Listing
Dec 3, 1997
$78,500
Public Record