12510 W SANTA FE Lane, El Mirage, AZ 85335, El Mirage, 85335 - 4 bed, 3 bath
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El Mirage, AZ 85335
This Short Sale Asset presents a High-Potential Investment Opportunity with a List Price of $329,000, aligning with its $329,000 Fair Market Value. While the property carries a Condition Rating of 4 and requires modernization, it features a high-value private pool and a massive outdoor living area with a custom concrete patio. Located near the top-rated Surprise Elementary School, the functional 4-bedroom, 3-bathroom layout offers significant upside through strategic cosmetic updates. This property is a strategic acquisition for Fix-and-Flip Investors or renovation-minded buyers looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12510 W SANTA FE Lane Subject | $329,000* List Price | 4 | 3 | 1,949 | $169 | - |
A 12924 W ASH Street Sold | $376,000 | 4 | 3 | 2,108 | $178 | 0.7 mi |
B 12924 W ASH Street Sold | $376,000 | 4 | 3 | 2,108 | $178 | 0.7 mi |
C 15616 N ALTO Street Sold | $255,000 List Price | 4 | 3 | 2,117 | 0.9 mi | |
D 12838 W VIA CAMILLE -- Sold | $371,000 | 5 | 3 | 2,179 | $170 | 0.3 mi |
E 12136 W CARIBBEAN Lane Sold | $234,000 List Price | 3 | 2 | 1,642 | 0.8 mi | |
F 12709 W VENTURA Street Active | $370,000 List Price | 4 | 3 | 2,178 | $170 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 2002, shows evidence of recent cosmetic 'lipstick' updates including new luxury vinyl plank flooring and fresh neutral paint throughout. However, the listing explicitly identifies a 'need for modernization' and describes it as a short sale opportunity with 'potential to upgrade,' suggesting that core areas like the kitchen and bathrooms likely retain original builder-grade fixtures and cabinetry. While visually clean and move-in ready, it fits the 'fair' criteria due to its age (23 years) and the requirement for further functional updates to meet current market standards.
The property features a massive outdoor living area complete with a custom concrete patio and a private pool, offering significant value for entertaining and relaxation in the Arizona climate.
With 4 bedrooms, 3 bathrooms, and nearly 2,000 square feet of living space, this two-story home provides a functional and generous floor plan suitable for a variety of family needs.
Situated in an established neighborhood, the home offers easy access to local shopping, restaurants, and parks, ensuring a high level of convenience for daily errands and recreation.
As a short sale opportunity, the purchase process may involve extended timelines and requires third-party lender approval, which can be a deterrent for buyers on a strict schedule.
The property is marketed as a project with potential for personalization, indicating that it likely requires cosmetic updates or repairs to bring it up to modern standards.
SHORT SALE OPPORTUNITY!! Perfectly located with easy access to shopping, parks, and restaurants, this 2-story home offers plenty of potential to make it your own. Step outside to a massive outdoor living area featuring a custom concrete patio, pool, and ample space for entertaining family and friends. Inside, you'll find generous room to upgrade and personalize, creating the home you've always imagined. Located in an established neighborhood, this short sale opportunity allows buyers to bring their vision and unlock the true beauty of this property. Don't miss out on the chance to make it yours!
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades PK-8 • 0.6 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 1,949 | 1,615 | 74% |
| Lot Size | 6,794 | 5,481 | 71% |
| Price | $329.0K | $330.0K | 48% |
| Price per sq ft | $169 | $202 | 32% |
| Built year | 2002 | 2002 | 50% |
| HOA | $100 | $73 | 82% |
| Days on market | 208 | 2445 | 18% |
Sep 26, 2025
$329,000
Initial Listing