118 W TAM OSHANTER Drive, Phoenix, AZ 85023, Phoenix, 85023 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85023
This Moon Valley Value-Add Residence is listed at $600,000, a price point reflecting its premium location with mountain and greenbelt views. Although the current $531,522 Fair Market Value indicates a market premium, the property’s Condition Rating of 4 highlights significant upside through interior modernization. Essential infrastructure updates, including a one-year-old HVAC system and a recently recoated roof, minimize immediate maintenance needs. Featuring vaulted ceilings and private patios, the spacious layout supports high-end renovation. This property represents a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants looking to build equity in a sought-after Phoenix neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 118 W TAM OSHANTER Drive Subject | $600,000* List Price | 3 | 2 | 1,846 | $288 | - |
A 526 W PORT ROYALE Lane Active Under Contract | $515,000 List Price | 3 | 2 | 1,750 | $294 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 50 years old and shows significant dating in the kitchen and living areas, including older cabinetry and popcorn ceilings. While the HVAC is new (1 year) and the roof is maintained, the interior finishes are well beyond the 20-year mark and require modernization to meet current market standards.
Situated in the heart of Moon Valley, the property offers serene views of the community greenbelt and mountains, with immediate proximity to the MVCC Moon Walk.
The home features a one-year-old HVAC system and a recently recoated roof, significantly reducing the immediate need for major mechanical or structural expenditures.
The floor plan includes vaulted ceilings, expansive windows, and oversized bedrooms with walk-in closets and private patio access, providing an airy and versatile living environment.
Available for the first time in over 40 years, the interior likely requires comprehensive cosmetic updates to meet modern aesthetic standards and maximize its value.
Built in 1974, the property may have original plumbing or electrical systems that could necessitate further inspection and potential upgrades beyond the recent HVAC and roof work.
This is the lock-and-leave home in the heart of Moon Valley you've been waiting for-available for the first time in over 40 years. The spacious and inviting great room features vaulted ceilings and expansive windows that overlook the community's greenbelt. All bedrooms are generously sized, offering large walk-in closets and direct access to private patios and courtyards. Enjoy outdoor entertaining on the covered patio, which provides a beautiful view of the lush greenbelt and the MVCC Moon Walk just steps away. This is a rare opportunity to purchase a property with endless potential. One-year-old HVAC system and a recently recoated roof. Recent sales in the community underscore the possibilities to customize this property to your tastes. Don't miss your chance to make this property yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,846 | 1,844 | 51% |
| Lot Size | 6,851 | 7,820 | 36% |
| Price | $600.0K | $358.5K | 85% |
| Price per sq ft | $325 | $220 | 91% |
| Built year | 1974 | 1982 | 28% |
| HOA | $160 | $0 | 82% |
| Days on market | 25 | 1824 | 0% |
Apr 1, 2026
$600,000
Initial Listing