12612 S CHEROKEE Street, Phoenix, AZ 85044, Phoenix, 85044 - 3 bed, 2 bath
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Phoenix, AZ 85044
This Ahwatukee Garden Sanctuary is a Prime Investment Opportunity listed at $450,000—positioned well below the $605,802 Fair Market Value by 25%. This significant valuation gap provides $155,802 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the move-in ready interior features a Granite Kitchen and updated flooring, while the exterior offers a private Patio and tranquil gated yard. Located within the Mountain Pointe High School boundary, this home balances lifestyle appeal with massive equity potential. It is an ideal acquisition for Owner-Occupants looking to build immediate wealth or Buy-and-Hold Investors seeking a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12612 S CHEROKEE Street Subject | $450,000* List Price | 3 | 2 | 1,273 | $476 | - |
A 4341 E Bannock Street Sold | $430,000 | 2 | 3 | 1,286 | $334 | 0.4 mi |
B 12049 S POTOMAC Street Sold | $375,000 | 3 | 2 | 1,430 | $262 | 0.7 mi |
C 12049 S POTOMAC Street Sold | $375,000 | 3 | 2 | 1,430 | $262 | 0.7 mi |
D 12049 S POTOMAC Street Sold | $375,000 | 3 | 2 | 1,430 | $262 | 0.7 mi |
E 4436 E SHOMI Street Sold | $445,000 | 2 | 2 | 1,426 | $312 | 0.5 mi |
F 4232 E SANDIA Street Sold | $400,000 List Price | 2 | 2 | 1,085 | 0.1 mi | |
G 12222 S Paiute Street Active | $410,000 List Price | 2 | 2 | 1,004 | $408 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained. Although built in 1985, it features several significant updates including granite countertops in the kitchen and bathrooms, updated wood-look flooring, and modern tile work in the shower. The interior shows minimal wear and tear, and the systems appear functional and within their expected lifespan, fitting the criteria for a 'good' condition rating.
The property features a gated, tranquil yard with mature landscaping and visiting wildlife, offering a rare level of privacy and serenity for a suburban lot.
With front landscaping maintained by the association and access to a community pool, this home is ideal for buyers seeking a lock-and-leave environment.
Ideally situated in the desirable Ahwatukee area, the home is within walking distance of highly-rated schools and offers optional access to the Ahwatukee Swim and Tennis Center.
At 1,273 square feet, the living space is relatively small for a three-bedroom residence, which may limit furniture layout options and storage for growing families.
The third bedroom is configured as a den with double doors, which may lack the acoustic privacy and utility required for a traditional bedroom or guest suite.
Enter the gate to the inviting tranquil garden sanctuary of this home. Private, quiet yard, with visiting hummingbirds, and other birds. Inside is a lovely living and dining space open to the spacious kitchen with granite and plenty of cabinets. Third bedroom is a double door den with a closet. There is a community pool and front landscaping is maintained for you, but you can also join Ahwatukee Swim, Tennis and Event center if desired...details at the ahwatukee community center.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 1.1 mi
Grades PK-5 • 2.1 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 | 1,273 | 1,782 | 11% |
| Lot Size | 4,339 | 7,349 | 3% |
| Price | $450.0K | $430.0K | 54% |
| Price per sq ft | $353 | $255 | 93% |
| Built year | 1985 | 1986 | 48% |
| HOA | $274 | $165 | 91% |
| Days on market | 26 | 1350 | 0% |
Mar 27, 2026
$450,000
Initial Listing