
Phoenix, AZ 85006
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $500,000—positioned well below the $464,513 Fair Market Value by -7%. While the list price exceeds the current estimation, the property’s Condition Rating of 2 reflects a comprehensive recent renovation, including a modern kitchen with quartz countertops and stainless steel appliances. Located in the heart of Phoenix, this home offers a rare 5-bedroom layout and a covered patio for outdoor living. It is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or first-time buyers prioritizing central urban accessibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1114 N 18TH Street Subject | $450,000* List Price | 5 | 3 | 2,157 | $226 | - |
A 2250 E WILLETTA Street Sold | $450,000 | 4 | 3 | 2,200 | $205 | 0.7 mi |
B 2037 N 22ND Place Sold | $345,000 List Price | 4 | 2 | 1,964 | 0.9 mi | |
C 1906 E ALMERIA Road Sold | $422,000 | 4 | 2 | 1,581 | $267 | 0.4 mi |
D 2216 N EVERGREEN Street Sold | $415,000 List Price | 3 | 2 | 2,246 | 0.9 mi | |
E 2014 N 18TH Street Sold | $439,000 | 4 | 2 | 1,644 | $267 | 0.6 mi |
F 1628 E GRANADA Road Active | $439,000 List Price | 3 | 2 | 1,643 | $267 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1940 build date, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with quartz countertops and stainless appliances, updated bathrooms with contemporary tile work, and new wood-look flooring and carpet throughout.
Featuring 5 bedrooms, 3 bathrooms, and 2,157 square feet of living space, this property offers a rare amount of room and growth potential for a home in this central location.
The home boasts excellent turn-key updates including a contemporary kitchen with quartz countertops, white shaker cabinets, stainless steel appliances, and updated wood-look flooring.
Conveniently situated near historic districts, downtown Phoenix, sporting events, entertainment venues, and local restaurants, offering high urban accessibility.
Built in 1940, the home's older underlying infrastructure and historical framing may require more ongoing maintenance and updates compared to a newer build.
The 6,693 square foot lot may feel tight for a large five-bedroom household, limiting outdoor space, parking, or expansion options.
Rarely do you find this much space, in this condition, so close to the heart of Phoenix for such a bargain price. Located near historic districts, downtown Phoenix, sporting events, entertainment venues, and unique local restaurants, this five-bedroom, three-bath home offers room to grow without sacrificing convenience. The inviting interior features bright living spaces, wood-look flooring, neutral finishes, and a warm fireplace. The kitchen boasts white shaker cabinets, quartz countertops, stainless steel appliances, and an island for casual dining. The spacious primary retreat offers backyard access, dual vanities, and a walk-in closet. Outside, enjoy a covered patio and a generous backyard perfect for entertaining or relaxing under the Arizona sky.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,157 | - |
| Lot Size | 6,693 | - |
| Price | $450.0K | $495.4K |
| Price per sq ft | $209 | $290 |
| Built year | 1940 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 1260 |
Jul 7, 2026
$450,000
$500,000
-10% Price Drop
Initial Listing
Jun 24, 2026
$500,000
Initial Listing