12517 W WELLS Street, El Mirage, AZ 85335, El Mirage, 85335 - 3 bed, 2 bath
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El Mirage, AZ 85335
This Value-Add Residential Asset is listed at $340,000, positioned alongside a $301,032 Fair Market Value. Marketed as an investor's dream and sold as-is, the property maintains a Condition Score of 4, featuring original finishes that offer a clear path for forced appreciation through modernization. The functional 1,685 sqft layout includes vaulted ceilings, a spacious primary suite, and leased solar. Located near Highway 60 and Surprise Elementary, the home provides strong long-term rental demand. This acquisition is ideal for Fix-and-Flip Investors or Buy-and-Hold Investors seeking a customizable project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12517 W WELLS Street Subject | $340,000* List Price | 3 | 2 | 1,685 | $179 | - |
A 12846 W VALENTINE Avenue Sold | $298,000 | 4 | 2 | 1,615 | $185 | 0.8 mi |
B 12909 W ASTER Drive Sold | $370,000 | 4 | 2 | 1,756 | $211 | 1.0 mi |
C 12909 W ASTER Drive Sold | $370,000 | 4 | 2 | 1,756 | $211 | 1.0 mi |
D 12814 W HEARN Road Sold | $325,000 | 3 | 2 | 1,308 | $248 | 0.3 mi |
E 12814 W HEARN Road Sold | $325,000 | 3 | 2 | 1,308 | $248 | 0.3 mi |
F 12530 W Surrey Avenue Active Under Contract | $325,000 List Price | 3 | 2 | 1,615 | $201 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, this property is marketed as an 'investor's dream' and sold 'as-is,' which typically indicates a need for updates. The interior is functional but significantly dated, featuring original white appliances, mint-green painted cabinetry, and older flooring including green carpeting and basic white tile. The presence of wallpaper borders and pink paint throughout suggests the home has not undergone any major renovations since its construction over 20 years ago.
The home features vaulted ceilings with unique architectural cutouts and a functional open-flow kitchen with a center island, creating a bright and airy living environment.
The primary bedroom offers a generous footprint, including a walk-in closet and a full ensuite with a separate soaking tub and shower, providing a high-value private retreat.
Conveniently situated with easy access to Highway 60 and nearby shopping, dining, and recreation, making it an ideal location for commuters.
Marketed as an investor's dream and sold in as-is condition, the property likely requires immediate capital investment for repairs or cosmetic updates to reach its full potential.
The property includes a leased solar system, which requires the buyer to assume a long-term financial contract and meet specific qualification criteria, potentially complicating the financing process.
Character Meets Potential! This home offers a functional layout with a formal living & dining area off the front door, leading to a spacious main living area & open-flow kitchen with a center island & abundant cabinetry. Vaulted ceilings with unique cutouts add volume & character to the main living spaces, while abundant windows provide tons of natural light throughout. The primary bedroom is generously sized with a walk-in closet & an ensuite featuring a separate shower & soaking tub. Secondary bedrooms offer good space & are served by a full bath with a shower/tub combo. Additional features include leased solar, an indoor laundry room with washer & dryer & a small covered patio in the backyard with rock & desert landscaping perfect for personalizing. Offering tons of potential & room to customize & conveniently located with easy access to HWY 60 & close to shopping, dining & recreation.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades PK-8 • 0.7 mi
Grades 9-12 • 3.3 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 | 1,685 | 1,615 | 58% |
| Lot Size | 5,040 | 5,397 | 18% |
| Price | $340.0K | $330.0K | 53% |
| Price per sq ft | $202 | $202 | 49% |
| Built year | 2002 | 2002 | 50% |
| HOA | $110 | $73 | 86% |
| Days on market | 90 | 2445 | 1% |
Jan 22, 2026
$340,000
Initial Listing