
Phoenix, AZ 85023
This Single Family Residence is a Strong Value Opportunity, listed at $496,900—positioned well above the $467,874 Fair Market Value by -6%. While the property carries a Fair Condition Rating, recent interior updates including fresh paint and new vinyl flooring provide a functional baseline. The split-bedroom floor plan and large grass backyard with a covered patio offer significant lifestyle utility. Given the dated kitchen and mechanical age, this property is best suited for Value-Add Investors or Owner-Occupants seeking a project to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1101 W MONTE CRISTO Avenue Subject | $483,900* List Price | 3 | 2 | 1,756 | $271 | - |
A 401 W ANDERSON Avenue Sold | $476,000 | 3 | 2 | 1,698 | $280 | 0.9 mi |
B 1101 W DAVIS Road Sold | $555,000 | 4 | 2 | 1,820 | $305 | 0.1 mi |
C 16609 N 4TH Avenue Sold | $450,000 | 3 | 2 | 1,615 | $279 | 0.6 mi |
D 505 W Fellars Drive Sold | $381,000 | 3 | 2 | 1,395 | $273 | 0.5 mi |
E 16036 N 11TH Avenue 1108 Sold | $383,000 | 3 | 2 | 1,355 | $283 | 0.2 mi |
F 412 W AIRE LIBRE Avenue Sold | $419,900 List Price | 3 | 2 | 1,370 | 0.6 mi | |
G 306 W BEVERLY Lane Sold | $465,000 | 3 | 2 | 1,395 | $333 | 0.5 mi |
H 16609 N 4TH Avenue Sold | $450,000 | 3 | 2 | 1,615 | $279 | 0.6 mi |
I 16025 N 7TH Drive Pending | $498,000 List Price | 3 | 2 | 1,838 | $271 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (33+ years old), the property falls into the 'Fair' category due to its age and dated features. While the interior received recent cosmetic updates like new vinyl flooring and fresh paint, the kitchen remains dated with original oak cabinetry and laminate countertops. Major systems (HVAC/Electric) are not noted as recently replaced, suggesting they may be nearing the end of their functional lifespan.
The property features new vinyl flooring and fresh interior paint completed within the last year, providing a move-in-ready environment and reducing immediate maintenance costs.
The layout offers vaulted ceilings and a split-bedroom design, which maximizes privacy for the primary suite while creating an open, airy feel in the formal and family living areas.
A large grass backyard combined with a covered patio offers a versatile and desirable outdoor space for families and pets, which is a significant asset in the Phoenix market.
Built in 1991, the home includes era-specific elements such as plant shelves and older accent lighting that may require additional investment to modernize for contemporary tastes.
The listing agent is related to the seller, a disclosure that requires careful transparency and may impact the negotiation flexibility for some prospective buyers.
Beautiful home in great sought after neighborhood. Vaulted ceilings. Plant shelves and accent lighting . Split bedrooms, Formal Livingroom & dining room combo. Nice large family room and kitchen with seperate eating area. Insides painted last year and new vinyl flooring installed last year also. Desert Front and Big grass back and nice covered patio. Listing agent related to seller. Great price!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,756 | - |
| Lot Size | 6,283 | - |
| Price | $483.9K | $495.4K |
| Price per sq ft | $276 | $290 |
| Built year | 1991 | 0 |
| HOA | $110 | $0 |
| Days on market | 76 | 1260 |
Jun 30, 2026
$483,900
$492,900
-2% Price Drop
Initial Listing
Jun 4, 2026
$492,900
$496,900
-1% Price Drop
Initial Listing
May 24, 2026
$496,900
$498,900
+0% Price Increase
Initial Listing
May 8, 2026
$498,900
Initial Listing