12462 N 33RD Street, Phoenix, AZ 85032, Phoenix, 85032 - 3 bed, 2 bath
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Phoenix, AZ 85032
This Single-Family Residence presents a Strong Value Opportunity, listed at $429,900—positioned well below the $453,443 Fair Market Value by 5%. This valuation gap offers $23,543 in Instant Equity for the buyer. While the home maintains a Fair Condition Rating due to its 1972 construction, the expansive 9,691 sqft lot provides significant potential for value-add improvements. With no HOA restrictions and a prime commuter location, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a customizable asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12462 N 33RD Street Subject | $429,900* List Price | 3 | 2 | 1,525 | $297 | - |
A 3322 E BLOOMFIELD Road Sold | $350,000 | 4 | 2 | 1,584 | $221 | 0.1 mi |
B 13025 N 29TH Place Sold | $425,000 List Price | 3 | 2 | 1,477 | 0.5 mi | |
C 3444 E WINDROSE Drive Sold | $530,000 | 3 | 2 | 1,553 | $341 | 0.3 mi |
D 3009 E CORRINE Drive Sold | $515,000 | 3 | 2 | 1,512 | $341 | 0.3 mi |
E 12637 N 31ST Street Sold | $375,000 | 3 | 2 | 1,145 | $328 | 0.2 mi |
F 3009 E CORRINE Drive Sold | $515,000 | 4 | 2 | 1,512 | $341 | 0.3 mi |
G 2910 E WINDROSE Drive Sold | $460,000 | 3 | 2 | 1,575 | $292 | 0.4 mi |
H 3009 E CORRINE Drive Sold | $515,000 | 4 | 2 | 1,512 | $341 | 0.3 mi |
I 3916 E BLOOMFIELD Road Pending | $475,000 List Price | 3 | 2 | 1,614 | $294 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972 (54 years old), the home exceeds the 50-year threshold for a tear-down but has clearly been maintained and partially updated. Interior photos show fresh paint and newer carpet, making it move-in ready. However, the overall structure, basic garage finish, and dated exterior suggest it has not undergone a full-scale modern renovation within the last 15 years, placing it in the Fair category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9691, living area = 1525.
The property features a generous 9,691 sqft lot, providing a large backyard with significant potential for a pool, outdoor kitchen, or ADU addition.
With an association fee of $0, homeowners enjoy financial savings and the freedom to customize their property without the constraints of a homeowners association.
Built in 1972, the home may require significant capital investment for modern cosmetic updates and potential system upgrades to meet current standards.
At 1,525 square feet, the interior living space is relatively compact for a three-bedroom home, which may limit appeal for buyers seeking larger communal areas.
Welcome to this charming single-story 3-bedroom, 2-bathroom home offering a comfortable and functional floor plan. The spacious living area flows into the kitchen, which features ample cabinet space and included appliances, making meal preparation a breeze. The bedrooms provide comfortable accommodations, while the primary suite offers added privacy with its own attached bathroom. Enjoy a generous backyard with plenty of room to relax, entertain, or create your own outdoor retreat. Conveniently located near shopping, dining, schools, parks, and major commuter routes, this home is a fantastic opportunity for first-time buyers, investors, or anyone looking to make it their own.
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 | 1,525 | - |
| Lot Size | 9,691 | - |
| Price | $429.9K | $495.4K |
| Price per sq ft | $282 | $290 |
| Built year | 1972 | 0 |
| HOA | $0 | $0 |
| Days on market | 17 | 1260 |
Jul 6, 2026
$429,900
Initial Listing