1261 E MARYLAND Avenue B, Phoenix, AZ 85014, Phoenix, 85014 - 2 bed, 2 bath
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Phoenix, AZ 85014
This Turnkey Mid-Century Modern Condo is a Strong Value Opportunity, listed at $295,000—positioned well below the $320,939 Fair Market Value by 8%. This valuation gap offers $25,939 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes a renovated kitchen, modern baths, and in-unit laundry. Located in the prestigious Madison School District with access to a pool and gym, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Move-in ready 2BR/2BA condo in Phoenix Madison School District. Recently renovated, pool, gym, and mountain views. Priced below market value for instant equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1261 E MARYLAND Avenue B Subject | $289,900* List Price | 2 | 2 | 1,152 | $249 | - |
A 1320 E BETHANY HOME Road 65 Sold | $300,000 List Price | 2 | 2 | 952 | 0.7 mi | |
B 1251 E MARYLAND Avenue A Active | $279,000 List Price | 2 | 2 | 1,152 | $242 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1964, the property has undergone recent renovations to the kitchen and bathrooms, featuring modern stainless steel appliances, stone countertops, and updated cabinetry. The replacement of the water heater and the mint condition of the interior finishes qualify it as a high-quality, move-in ready unit.
The condo features recent updates to the kitchen and bathrooms, along with the added convenience of a new water heater and an in-unit, full-size washer and dryer.
Situated in a highly desirable North Central Phoenix neighborhood, the property is within walking distance of prestigious Madison schools and popular local dining and shopping hubs.
Designed by Thomas E. Stanley, this Mid-Century Modern home offers mountain views and access to premium community facilities, including a sparkling pool and a recently updated gym.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =458, other record lot size in square feet = 2217. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1152, other record living area = 1065.
The monthly HOA fee of $430 is relatively high for the $295,000 price point, which may impact the overall affordability and monthly carrying costs for buyers.
Built in 1964, the property may require ongoing maintenance or future assessments related to aging building systems and infrastructure common in mid-century developments.
Come see this recently updated condo in a quiet section of a Mid-Century Modern community mixed with patio homes and condos designed by the late Thomas E. Stanley in North Central Phoenix. Recent updates include the kitchen and baths, water heater and an in-unit, full-size, washer and dryer. The home comes with one covered parking space, storage unit and tons of guest parking. This home is in an unbeatable central location, just footsteps away from two of the most prestigious schools in the Madison School District and a short walk or bike-ride to some of the city's most desirable shops, services and restaurants (i.e. Richardson's, Blue Water Grill, Otro Cafe and Luci's). When at home, enjoy the sparkling pool or recently updated gym for an elevated workout experience.
No exterior & parking available.
Grades 5-8 • 0.5 mi
Grades PK-4 • 0.8 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,152 | - |
| Lot Size | 458 | - |
| Price | $289.9K | $341.8K |
| Price per sq ft | $252 | $259 |
| Built year | 1964 | 0 |
| HOA | $430 | $0 |
| Days on market | 39 | 1211 |
Jul 7, 2026
$289,900
$295,000
-2% Price Drop
Initial Listing
Jun 13, 2026
$295,000
Initial Listing