11840 N 49TH Avenue, Glendale, AZ 85304, Glendale, 85304 - 4 bed, 2 bath
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11840 N 49TH Avenue
Glendale, AZ 85304
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,953Sq Ft
7,888Lot Size
Property Price
LIST PRICE$341,500
EST. MARKET VALUE
$361,434
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $341,500—positioned well below the $361,434 Fair Market Value by 5%. This valuation gap offers $19,934 in Instant Equity. Featuring a Fair Condition Rating, the home includes Solar Panels, a Detached Workshop, and a Patio on a large lot. While the interior requires modernization, the lack of HOA fees enhances long-term ROI. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Estimated Market Value
$361,434+$19,934 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Glendale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11840 N 49TH Avenue Subject | $341,500* List Price | 4 | 2 | 1,953 | $185 | - |
A 11634 N 49TH Avenue Sold | $350,000 | 4 | 2 | 1,953 | $179 | 0.1 mi |
B 12402 N 47TH Avenue Sold | $351,000 | 3 | 2 | 1,740 | $202 | 0.3 mi |
C 4557 W COLUMBINE Drive Sold | $429,000 | 4 | 2 | 2,075 | $207 | 0.5 mi |
D 12218 N 50TH Avenue Sold | $415,000 | 3 | 2 | 1,975 | $210 | 0.2 mi |
E 4502 W COLUMBINE Drive Sold | $430,000 | 4 | 2 | 2,089 | $206 | 0.6 mi |
F 4902 W WINDROSE Drive Sold | $395,000 | 3 | 2 | 1,754 | $225 | 0.4 mi |
G 4923 W BECKER Lane Sold | $380,000 | 3 | 2 | 1,708 | $222 | 0.9 mi |
H 12218 N 46TH Lane Active Under Contract | $425,000 List Price | 4 | 2 | 2,038 | $209 | 0.3 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 1973, this property is over 50 years old and remains largely dated. While the interior shows some newer tile and laminate flooring, the lighting fixtures, kitchen layout, and exterior landscaping require modernization and minor repairs. The addition of solar panels is a positive system update, but the overall aesthetic and age place it in the fair category.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7888, living area = 1953.
- Versatile Detached Building
The property features a separate detached structure suitable for a workshop, hobby area, or potential casita, offering significant flexibility and value-add potential for the owner.
- Energy Efficiency
Equipped with solar panels, this home provides an eco-friendly solution to help offset utility costs, which is a highly desirable feature in the Arizona climate.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1973, the property may require significant modern updates or system overhauls to meet the aesthetic and functional standards of contemporary buyers.
- Average School Ratings
The local middle schools carry a rating of 4, which may be a consideration for families prioritizing high-performing educational districts for their children.
About 11840 N 49TH Avenue
Welcome to this spacious 4-bedroom, 2-bathroom home offering comfortable living and plenty of versatility. The home features a spacious kitchen with ample room for meal preparation and gathering, along with a cozy fireplace in the living room. Solar panels add energy-efficient appeal, while the property also includes a storage shed for additional storage needs. A separate detached building provides flexible space that could be used as a workshop, hobby area, or potential casita-style space. Conveniently located near shopping, schools, and everyday amenities, this home offers a practical combination of space, functionality, and location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 7,888 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Glendale Unified Schools
Arroyo School
Grades K-8 • 0.6 mi
4/10
Cholla Middle School
Grades 6-8 • 2.2 mi
4/10
Moon Valley High School
Grades 9-12 • 1.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,953 | 1,840.346 |
| Lot Size | 7,888 | 7,684.964 |
| Price | $341.5K | $700.6K |
| Price per sq ft | $175 | $383 |
| Built year | 1973 | 1980 |
| HOA | $0 | $137 |
| Days on market | 9 | 63 |
Pricing History
Listed for Sale
Aug 31, 2026
$341,500
Initial Listing