1202 E ALICE Avenue, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
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Phoenix, AZ 85020
This Updated North Central Phoenix Residence is a High-Potential Investment Opportunity, listed at $399,000—positioned well below the $681,755 Fair Market Value by 41%. This significant valuation gap offers $282,755 in Instant Equity. Featuring a Remodeled Kitchen, Mountain Views, and a Condition Rating of 3, the home is move-in ready with high-quality finishes. Located steps from the Phoenix Mountain Preserve and the top-rated Sunnyslope High School, it perfectly balances lifestyle and ROI. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1202 E ALICE Avenue Subject | $389,000* List Price | 3 | 2 | 1,726 | $248 | - |
A 1517 E Carol Avenue Sold | $375,000 | 3 | 2 | 1,608 | $233 | 0.7 mi |
B 1502 E HATCHER Road Sold | $335,000 | 3 | 2 | 1,633 | $205 | 0.6 mi |
C 1334 E GOLDEN Lane Sold | $279,900 List Price | 3 | 2 | 1,320 | 0.2 mi | |
D 8428 N 18TH Street Sold | $429,000 List Price | 3 | 2 | 1,952 | 0.8 mi | |
E 1016 E MANZANITA Drive Sold | $350,000 List Price | 3 | 2 | 1,550 | 0.8 mi | |
F 8026 N 10TH Street Sold | $325,000 List Price | 3 | 2 | 1,788 | 0.8 mi | |
G 1439 E HATCHER Road Pending | $405,000 List Price | 4 | 2 | 1,864 | $217 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with significant updates that exceed the 'fair' category. Key improvements include a remodeled kitchen and guest bath, updated windows, and modern flooring (engineered wood and luxury vinyl plank). While the home was built in 1970, the addition of a newer gas water heater, updated insulation, and a 4-panel sliding glass door indicates that major systems are functional and updated, though the property has not undergone a total top-to-bottom renovation within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7611, living area = 1726.
The property is ideally situated near the base of a mountain and just steps from the Phoenix Mountain Preserve hiking trails, offering exceptional access to outdoor recreation.
Significant updates including a remodeled kitchen and guest bath, updated windows, and new attic insulation provide both aesthetic appeal and improved energy efficiency.
Built in 1970, the property may have aging underlying systems or structural elements typical of its era that require more maintenance than a newer home.
The west-facing orientation of the patio and main living areas can lead to intense afternoon sun exposure, potentially increasing cooling demands during Phoenix summers.
Tucked into North Central Phoenix near the base of a Mountain and just down the street from the scenic Phoenix Mountain Preserve hiking trails, this well-maintained 3 bed, 2 bath home offers 1,726 sq ft of inviting living space on a 7,611 sq ft lot. Home has thoughtful updates including remodeled kitchen and guest bath, engineered wood flooring in the family room, and luxury vinyl plank in the living room. Major improvements add peace of mind, including a refreshed attic with new insulation, newer gas water heater, owned water softener, updated windows with a 4-panel sliding glass door and RV gate. Enjoy Arizona evenings in the enclosed west-facing patio or relax outdoors under the covered patio with a tranquil, flowing stream nearby.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 5-8 • 2.6 mi
Grades 9-12 • 1.1 mi
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 | 1,726 | 1,918 | 38% |
| Lot Size | 7,611 | 8,306 | 39% |
| Price | $389.0K | $446.0K | 44% |
| Price per sq ft | $225 | $282 | 40% |
| Built year | 1970 | 1967 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 1413 | 0% |
Apr 25, 2026
$389,000
$399,000
-3% Price Drop
Initial Listing
Mar 20, 2026
$399,000
Initial Listing