12366 W LOCUST Lane, Avondale, AZ 85323, Avondale, 85323 - 3 bed, 2 bath
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Avondale, AZ 85323
This Nearly New Turnkey Residence is a Strong Value Opportunity, listed at $389,000—positioned well below the $423,405 Fair Market Value by 8%. This valuation gap provides $34,405 in Instant Equity for the buyer. Boasting a Condition Rating of 2, the 2022-built home features granite countertops, stainless steel appliances, and a premium greenbelt view. With its split-bedroom plan and recent 2026 interior paint, it offers immediate move-in readiness. This is an elite acquisition for Owner-Occupants seeking modern luxury or Buy-and-Hold Investors targeting a low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12366 W LOCUST Lane Subject | $389,000* List Price | 3 | 2 | 1,685 | $251 | - |
A 12579 W MOUNTAIN VIEW Drive Sold | $439,990 | 4 | 2 | 1,697 | $259 | 0.3 mi |
B 1814 S 123RD Drive Sold | $383,000 | 3 | 2 | 1,738 | $220 | 0.3 mi |
C 1802 S 118TH Drive Sold | $385,000 | 4 | 2 | 1,701 | $226 | 0.7 mi |
D 12540 W WARNER Street Sold | $360,000 List Price | 4 | 2 | 1,530 | 0.9 mi | |
E 11765 W OVERLIN Lane Sold | $373,000 | 3 | 2 | 1,355 | $275 | 0.7 mi |
F 12558 W ODEUM Lane Pending | $395,663 List Price | 3 | 2 | 1,440 | $275 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this home is nearly new and meets all current quality standards. It features modern upgrades including granite countertops, stainless steel appliances, and upgraded wood-look tile flooring. The interior was recently painted in 2026, and the property shows no signs of deferred maintenance or physical depreciation.
Built in 2022, this nearly new home features fresh interior paint and professionally cleaned upgraded wood-look tile, offering a move-in ready experience with modern building standards.
The interior boasts high-end finishes including granite countertops, stainless steel appliances, and a functional split-bedroom floor plan with a spacious walk-in master closet.
The property features a desirable view fence that overlooks a lush community greenbelt, providing a sense of openness and scenic views rarely found in standard suburban lots.
With a lot size of 5,520 square feet, the outdoor space is relatively compact, which may limit options for buyers seeking a large private yard or significant outdoor expansions.
The property is subject to a $136 association fee, which increases the monthly cost of ownership and may be a deterrent for buyers looking to avoid HOA regulations and fees.
Beautiful practically new 3 bedroom, 2 bath home, built in 2022, it's only 4 years old! Split bedroom plan. Walk in master closet. Upgraded builder installed wood look tile was just professionally cleaned. Interior painted 3/26. Granite counter tops. Stainless steel appliances. Fully landscaped front and backyard. Half block and half view fence looks out onto greenbelt, nice!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,685 | 1,920.5 | 33% |
| Lot Size | 5,520 | 6,384.5 | 35% |
| Price | $389.0K | $369.0K | 61% |
| Price per sq ft | $231 | $184 | 83% |
| Built year | 2022 | 2005 | 88% |
| HOA | $136 | $57 | 94% |
| Days on market | 43 | 2203 | 1% |
Mar 10, 2026
$389,000
Initial Listing