
Phoenix, AZ 85022
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $360,000—positioned well below the $403,661 Fair Market Value by 10%. This valuation gap secures $43,661 in Instant Equity for buyers prepared to address the Condition Rating of 5. Featuring 2,040 square feet of living space, Mountain Views, and a No-HOA lot with RV access, the property offers significant forced appreciation potential through modernization. It is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors targeting the North Phoenix market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12410 N ESCOBAR Way Subject | $360,000* List Price | 3 | 2 | 2,040 | $198 | - |
A 2340 E SYLVIA Street Sold | $405,000 | 4 | 2 | 1,819 | $223 | 0.2 mi |
B 2340 E SYLVIA Street Sold | $405,000 | 4 | 3 | 1,819 | $223 | 0.2 mi |
C 2101 E LUDLOW Drive Sold | $434,000 List Price | 5 | 3 | 2,214 | 0.9 mi | |
D 12807 N 18TH Place Sold | $325,000 List Price | 3 | 3 | 2,213 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1966, this property is explicitly marketed as a fixer-upper requiring substantial updates. Visual evidence shows significant deferred maintenance, including a dilapidated and rusted exterior gate, dated and worn bathroom cabinetry with laminate countertops, and exposed exterior wiring. The home lacks modern renovations, with major systems and interior finishes appearing to be well beyond their expected lifespan, necessitating a full rehabilitation to meet current living standards.
The absence of a Homeowners Association offers residents freedom from restrictive rules and monthly fees, while the included RV gate and ample parking provide significant utility for outdoor enthusiasts.
At 2,040 square feet, this home offers a substantial amount of interior living space compared to many properties at this price point, providing excellent value and room for growth.
Located in a sought-after neighborhood surrounded by great views and close to essential amenities, the property benefits from a desirable setting with strong long-term appeal.
The property is positioned as a fixer-upper needing personal touches and updates, which implies an immediate need for additional capital investment to modernize the interior.
Built in 1966, the home may have original systems or structural elements that require inspection and potential replacement to meet current building standards and efficiency.
Welcome to North Phoenix! This property has 3 bedrooms 2 bathrooms large backyard and many possibilities. Surrounded by great views, close to all amenities in a sought after neighborhood. Make your own personal touches and updates to make this the home you have been waiting for. With no HOA in place, RV gate, plenty of parking and an opportunity to make it your own style.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.4 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 | 2,040 | 1,800 | 63% |
| Lot Size | 6,848 | 7,921 | 35% |
| Price | $360.0K | $420.0K | 39% |
| Price per sq ft | $176 | $268 | 32% |
| Built year | 1966 | 1985 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 1051 | 0% |
Mar 16, 2026
$360,000
Initial Listing