
Phoenix, AZ 85009
This Value-Add Residential Asset is listed at $299,000, relative to a $266,857 Fair Market Value. Built in 1954, the property carries a Condition Rating of 4, requiring comprehensive cosmetic updates to address dated interiors, popcorn ceilings, and mismatched cabinetry. Despite the current valuation, the No HOA Restrictions and proximity to Downtown Phoenix offer significant long-term appreciation potential. Featuring a Covered Patio and desert landscaping, the home serves as a prime canvas for forced equity. This acquisition is best suited for Fix-and-Flip Investors or Buy-and-Hold Investors targeting the West Phoenix corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1109 N 27TH Drive Subject | $299,000* List Price | 3 | 1 | 1,278 | $209 | - |
A 2804 W CORONADO Road Sold | $237,000 | 3 | 1 | 1,181 | $201 | 0.5 mi |
B 3145 W CYPRESS Street Sold | $340,000 | 4 | 2 | 1,145 | $297 | 1.0 mi |
C 3326 W CULVER Street Active | $280,000 List Price | 3 | 1 | 1,236 | $227 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this property is functional but significantly dated. The kitchen features mismatched cabinetry, older appliances, and fluorescent lighting, while the living areas contain popcorn ceilings and a mix of basic tile and worn carpeting. While the home appears maintained through regular upkeep, it requires comprehensive cosmetic updates and modernization of its fixtures and systems to meet current standards.
Situated in West Phoenix with quick access to Downtown, major hospitals, and freeways, making it an ideal spot for commuters and urban professionals.
The absence of a Homeowners Association offers owners greater flexibility with property use and eliminates monthly association fees, increasing overall affordability.
Priced competitively under $300k with a 'lot of potential,' this property presents a significant opportunity for sweat equity or a fix-and-flip investment in a growing market.
Built in 1954 and noted for its potential, the home likely requires updates to its major systems and interior finishes to align with modern living standards.
Featuring three bedrooms but only one bathroom, the layout may be restrictive for larger families and could limit the property's competitive edge compared to multi-bath homes.
Located in West Phoenix, 3 bedroom, 1 bath home in a prime location with no HOA! You're welcomed by a convenient 1 carport, a low-maintenance desert landscape and inviting covered patio for outdoor relaxation. Close to Downtown, Restaurants, Hospitals, and freeways Home has a lot of potential. Take advantage of this chance to make this yours!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 1,278 | 1,270 | 50% |
| Lot Size | 6,630 | 6,410 | 59% |
| Price | $299.0K | $245.8K | 66% |
| Price per sq ft | $234 | $192 | 62% |
| Built year | 1954 | 1953 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 1215 | 2% |
Feb 3, 2026
$299,000
Initial Listing