12118 W MARGUERITE Avenue, Avondale, AZ 85323, Avondale, 85323 - 3 bed, 2 bath
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Avondale, AZ 85323
This property presents a High-Potential Investment Opportunity with a List Price of $390,000—positioned above the $379,439 Fair Market Value. While the home features modern upgrades like quartz countertops and premium tile flooring, it carries a Fair Condition Rating due to documented interior distress. The availability of Vendee seller financing provides a strategic advantage for buyers. Given the "as-is" nature and required repairs, this asset is best suited for Buy-and-Hold Investors or experienced contractors capable of managing cosmetic restoration.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12118 W MARGUERITE Avenue Subject | $390,000* List Price | 3 | 2 | 1,896 | $200 | - |
A 12540 W WARNER Street Pending | $276,000 List Price | 4 | 2 | 1,530 | $180 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Although the home was built in 2023, it is sold 'as-is' and interior photos reveal significant cosmetic distress, including damaged drywall and heavily soiled/damaged flooring. It fails the 'Excellent' and 'Good' criteria as it is not in mint condition or move-in ready.
The home features high-end finishes including quartz countertops, a gas stove, and premium MZ Norwood tile flooring, providing a contemporary and move-in-ready aesthetic.
As a nearly new build, the property offers modern design elements like a 12x8 sliding glass door and energy-efficient construction typical of 2023 standards.
The potential for Vendee seller financing offers a significant advantage for buyers who may not qualify for traditional mortgage products.
The property is sold 'as-is' with no warranties or standard disclosure reports (SPDS/CLUES), shifting all risk and due diligence responsibility to the buyer.
The requirement for the buyer to pay all title, escrow, and HOA transfer fees increases the initial capital needed to close compared to a standard transaction.
12X8 sliding glass door that leads out to the covered patio. Large walk in shower at owner's bath. Gas stove for the cook in the family. Painted Linen-off white cabinets with rollouts at pantry and a pull out trash drawer. DT One quartz ''evening gray'' countertops in kitchen and at enhanced kitchen island. Matching backsplash in kitchen. Upgrade flooring includes MZ Norwood 6x24 tile in all areas of the home in all the right areas. Property is sold ''as-is, where-is'' with no reps or warranties. Seller will provide no CLUES or SPDS rpts. Seller will not pay for any fees associated with HOA transfer. Buyer may choose own title company. Buyer will be responsible for all title and escrow fees. This property may qualify for Seller Financing (Vendee)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,896 | - |
| Lot Size | 6,469 | - |
| Price | $390.0K | $409.8K |
| Price per sq ft | $206 | $207 |
| Built year | 2023 | 0 |
| HOA | $101 | $0 |
| Days on market | 12 | 2987 |
Jul 11, 2026
$390,000
Initial Listing