1126 E CHERYL Drive, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
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1126 E CHERYL Drive
Phoenix, AZ 85020
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,194Sq Ft
2,026Lot Size
Property Price
LIST PRICE$304,000
EST. MARKET VALUE
$311,245
SUMMARY
This townhome presents a Prime Investment Opportunity with a List Price of $304,000—positioned well below the $311,246 Fair Market Value by 2%. This valuation gap offers $7,246 in Instant Equity. Featuring a Fair Condition Rating (4), the property requires modernization, yet offers significant upside through its Mountain Views and Greenbelt Access. This low-maintenance asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a desirable Phoenix location.
Estimated Market Value
$311,245
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1126 E CHERYL Drive Subject | $304,000* List Price | 3 | 2 | 1,194 | $261 | - |
A 1148 E CHERYL Drive Sold | $289,000 | 3 | 2 | 1,194 | $242 | 0.0 mi |
B 10414 N 10TH Street 1 Sold | $283,000 | 2 | 2 | 976 | $290 | 0.2 mi |
C 731 E North Lane 2 Sold | $267,500 | 2 | 1 | 1,015 | $264 | 0.3 mi |
D 837 E PEORIA Avenue 2 Sold | $217,000 | 2 | 2 | 1,015 | $214 | 0.2 mi |
E 1010 E LOIS Lane Sold | $378,000 | 3 | 2 | 1,608 | $235 | 0.3 mi |
F 10414 N 11TH Street 2 Sold | $309,900 | 2 | 2 | 1,015 | $305 | 0.2 mi |
G 1141 E BERYL Avenue Active | $349,000 List Price | 3 | 2 | 1,194 | $292 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1978, the property is nearly 50 years old and shows significant dating. The kitchen features older wood-grain laminate countertops and cabinetry likely exceeding 20 years in age. While some appliances have been updated, the overall interior finishes and exterior systems appear dated and will require modernization and minor repairs to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Mountain Views & Outdoor Access
The property features desirable mountain views and direct backyard access to a greenbelt and walking trails, offering an active lifestyle and aesthetic appeal.
- Low-Maintenance Living
With the HOA managing front yard landscaping and community pool maintenance, this townhome is ideal for buyers seeking a lock-and-leave lifestyle.
- Functional Layout & Privacy
The three-bedroom floor plan includes a private courtyard entry and a covered patio, providing a sense of seclusion and ample space for a townhouse.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1978, the property may require cosmetic updates or system modernizations to meet the standards of contemporary buyers.
- Elementary School Rating
The assigned elementary school has a lower performance rating, which could impact the property's appeal to families prioritizing top-tier primary education.
About 1126 E CHERYL Drive
Three bedroom and two bathroom townhome in Tapatio Cove. Home features a private courtyard entry and covered patio in the back yard which opens up to greenbelt for access to walking trails, and community pool. HOA maintains front yard and community pool area so very low maintenance home.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1978
- Lot Size
- 2,026 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $191 / Month
Neighborhood Insights
Phoenix Unified Schools
Sunnyslope Elementary School
Grades K-8 • 0.8 mi
3/10
Sunnyslope High School
Grades 9-12 • 1.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,194 | 1,225 |
| Lot Size | 2,026 | 1,319 |
| Price | $304.0K | $347.3K |
| Price per sq ft | $255 | $251 |
| Built year | 1978 | 1985 |
| HOA | $191 | $288 |
| Days on market | 27 | 824 |
Pricing History
Listed for Sale
Jul 30, 2026
$304,000
Initial Listing