1123 E ALICE Avenue, Phoenix, AZ 85020, Phoenix, 85020 - 4 bed, 2 bath
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Phoenix, AZ 85020
This Renovated Mid-Century Residence is a Strong Value Opportunity, listed at $459,000—positioned well below the $489,345 Fair Market Value by 6%. This valuation gap provides $30,345 in Instant Equity for buyers. Boasting an Excellent Condition Rating, the home features a modernized kitchen with white shaker cabinetry and a private backyard pool perfect for Arizona living. With distant mountain views and a prime Central Phoenix location, this property balances lifestyle luxury with immediate financial upside. It is an ideal match for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors looking for a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1123 E ALICE Avenue Subject | $459,000* List Price | 4 | 2 | 1,442 | $339 | - |
A 1307 E DUNLAP Avenue Sold | $495,000 | 4 | 2 | 1,667 | $297 | 0.3 mi |
B 1237 E RUTH Avenue Sold | $478,000 | 3 | 2 | 1,260 | $379 | 0.2 mi |
C 1002 E BUTLER Drive Sold | $565,000 | 4 | 2 | 1,596 | $354 | 0.3 mi |
D 1138 E ECHO Lane Sold | $490,000 | 3 | 2 | 1,415 | $346 | 0.3 mi |
E 1138 E ECHO Lane Sold | $490,000 | 3 | 2 | 1,422 | $345 | 0.3 mi |
F 837 E ECHO Lane Sold | $387,000 | 4 | 2 | 1,448 | $267 | 0.4 mi |
G 1207 E ALICE Avenue Active | $468,000 List Price | 4 | 3 | 1,333 | $351 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation that brings it up to modern standards. The kitchen features new white shaker cabinetry, butcher block countertops, and brand-new stainless steel appliances. Throughout the home, there is updated wide-plank flooring, contemporary ceiling fans, and fresh paint. The exterior is well-maintained with a clean facade and updated landscaping. Although originally built in 1958, the extent of the recent updates and the move-in-ready condition justify an excellent rating.
The home has been beautifully updated, offering a move-in-ready experience with contemporary finishes in a desirable Central Phoenix location.
Features a private backyard pool on a spacious lot, providing an ideal space for relaxation and entertaining in the Arizona climate.
Conveniently situated near major freeways, shopping, dining, and the airport, ensuring easy commuting and access to urban amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1442, other record living area = 1267.
The property features a covered carport rather than a fully enclosed garage, which may offer less security and protection for vehicles.
With four bedrooms configured within 1,442 square feet, individual room dimensions may feel constrained compared to more modern floor plans.
Beautifully renovated home in Central Phoenix on a spacious lot with covered carport. Enjoy Arizona living with your private backyard Pool, perfect for relaxing or entertaining. Conveniently located near Freeways, Shopping, Dining and the airport for easy commuting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,442 | 1,918 | 23% |
| Lot Size | 6,155 | 8,306 | 16% |
| Price | $459.0K | $446.0K | 55% |
| Price per sq ft | $318 | $283 | 59% |
| Built year | 1958 | 1967 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 1413 | 0% |
Mar 9, 2026
$459,000
Initial Listing