1207 E ALICE Avenue, Phoenix, AZ 85020, Phoenix, 85020 - 4 bed, 3 bath
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Phoenix, AZ 85020
This Renovated Mid-Century Modern Home is a High-Potential Investment Opportunity, listed at $468,000—positioned well below the $736,994 Fair Market Value by 36%. This valuation gap offers $268,994 in Instant Equity. Boasting an Excellent Condition Rating, the residence features paid-off solar panels, a luxury primary suite with a waterfall shower, and a private orchard with mountain views. With no HOA and high-end finishes, this property combines immediate lifestyle luxury with significant equity growth. It is a premier choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1207 E ALICE Avenue Subject | $459,900* List Price | 4 | 3 | 1,333 | $352 | - |
A 1237 E RUTH Avenue Sold | $478,000 | 3 | 2 | 1,260 | $379 | 0.1 mi |
B 8930 N 13TH Street Sold | $449,001 | 2 | 2 | 1,240 | $362 | 0.2 mi |
C 8930 N 13th Street Sold | $449,001 | 2 | 2 | 1,203 | $373 | 0.2 mi |
D 1002 E BUTLER Drive Sold | $565,000 | 4 | 2 | 1,596 | $354 | 0.3 mi |
E 1138 E ECHO Lane Sold | $490,000 | 3 | 2 | 1,415 | $346 | 0.3 mi |
F 837 E ECHO Lane Sold | $387,000 | 4 | 2 | 1,366 | $283 | 0.5 mi |
G 1123 E ALICE Avenue Active | $459,000 List Price | 4 | 2 | 1,442 | $318 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1959, the property has undergone an extensive recent renovation within the last 5 years, featuring a modern kitchen with stainless steel appliances and white shaker cabinets, and a high-end primary bathroom with a standalone tub and waterfall shower. The home includes significant system upgrades such as a new A/C and paid-off solar panels, along with new flooring and contemporary light fixtures throughout, meeting the criteria for excellent condition with no deferred maintenance.
The property includes fully paid-off solar panels and a brand-new A/C system, providing the homeowner with significant long-term utility savings and peace of mind regarding major mechanicals.
The oversized lot features a diverse private orchard with multiple fruit trees, a mountain-view Ramada, and no HOA restrictions, offering a rare level of outdoor utility and freedom in a central location.
The home boasts sophisticated upgrades, particularly in the primary suite which features dual sinks, a standalone tub, and a waterfall shower, delivering a luxury experience typically found in higher price points.
With four bedrooms and three bathrooms condensed into 1,333 square feet, the individual room sizes and common living areas may feel restrictive for larger families or those accustomed to more open floor plans.
Despite the beautiful cosmetic updates, the 1959 construction date suggests that underlying components like plumbing or electrical systems may be aged, potentially requiring future maintenance common to mid-century homes.
Beautifully remodeled 4 bed / 3 bath single-family home with no HOA! Spacious yard with fruit trees (apple, everbearing lime, apricot, peach, orange, and pomegranate), large grass area, sprinkler system, garden beds, and a Ramada facing the mountains at the end of the street. Kitchen features a gas range and all appliances included. New carpet and new A/C. Primary suite offers two closets. Stunning primary bath includes dual sinks, standalone tub, and separate shower with waterfall shower head. Paid-off solar adds energy savings! Bedrooms are generously sized, and the home feels larger than its square footage. So many extras--you must see it! Great central location close to so many amazing restaurants, hiking, freeways and more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 1,333 | 1,918 | 19% |
| Lot Size | 6,568 | 8,306 | 29% |
| Price | $459.9K | $446.0K | 55% |
| Price per sq ft | $345 | $283 | 70% |
| Built year | 1959 | 1967 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 1413 | 1% |
Apr 15, 2026
$459,900
$463,900
-1% Price Drop
Initial Listing
Apr 10, 2026
$463,900
$468,000
-1% Price Drop
Initial Listing
Mar 2, 2026
$468,000
Initial Listing