12218 N 46TH Lane, Glendale, AZ 85304, Glendale, 85304 - 4 bed, 2 bath
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Glendale, AZ 85304
This Spacious Traditional Home is a Strong Value Opportunity, listed at $425,000—positioned well below the $453,794 Fair Market Value by 6%. This valuation gap offers $28,794 in Instant Equity for buyers. While the property holds a functional Condition Rating of 4, it features a Private Diving Pool, a large 8,424 sqft lot, and No HOA Fees. Located near Top-Rated K-12 Schools, this residence balances immediate lifestyle benefits with significant potential for forced appreciation through cosmetic updates. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12218 N 46TH Lane Subject | $425,000* List Price | 4 | 2 | 2,038 | $223 | - |
A 4502 W COLUMBINE Drive Sold | $430,000 | 4 | 2 | 2,089 | $206 | 0.3 mi |
B 4348 W Shangri La Road Sold | $395,000 | 4 | 2 | 1,674 | $236 | 0.8 mi |
C 12415 N 49TH Drive Sold | $350,000 List Price | 4 | 2 | 1,798 | 0.3 mi | |
D 5401 W RIVIERA Drive Sold | $440,000 | 4 | 2 | 1,824 | $241 | 0.9 mi |
E 4353 W MESCAL Street Sold | $384,900 | 3 | 2 | 1,950 | $197 | 0.8 mi |
F 11634 N 49TH Avenue Active | $385,000 List Price | 4 | 1 | 1,953 | $197 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the home is well-maintained but shows significant signs of age. While there are some updates like laminate flooring in the living areas and modern ceiling fans, the property retains many original features including popcorn ceilings, dated bathroom vanities, and older carpeting in the bedrooms. It is functional and livable but requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8424, living area = 2038.
The property features a classic diving pool and a private backyard oasis, providing an ideal space for cooling off and entertaining during Arizona's hot summers.
With an association fee of $0, homeowners enjoy the freedom from restrictive covenants and the monthly cost savings associated with a non-HOA community.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2038, other record living area = 1618.
Built in 1978, the home may require updates to major systems or interior finishes to meet modern energy efficiency and aesthetic standards.
While the diving pool is a highlight, its footprint on an 8,424 sqft lot may limit the remaining space available for gardening, play areas, or other outdoor structures.
Nestled on a charming street in Roadrunner Estates in Glendale, this inviting 4 bedroom, 2 bath home offers comfort and a true sense of community. Surrounded by long term neighbors who take pride in their homes, the neighborhood has a warm, established feel that's hard to find. Step outside to your private backyard oasis, featuring a classic diving pool-perfect for cooling off during Arizona's sunny days, entertaining friends, or simply relaxing in your own retreat. Located close to local parks, shopping, dining and convenient freeway access.
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,038 | 1,774 | 67% |
| Lot Size | 8,424 | 8,050 | 60% |
| Price | $425.0K | $322.5K | 74% |
| Price per sq ft | $209 | $194 | 63% |
| Built year | 1978 | 1979 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 1961 | 1% |
Mar 12, 2026
$425,000
Initial Listing