
Phoenix, AZ 85029
This Renovated Multi-Generational Property is a High-Potential Investment Opportunity, listed at $499,000—positioned well below the $562,105 Fair Market Value by 11%. This valuation gap provides $63,105 in Instant Equity. Boasting an Excellent Condition Rating following a $250,000 renovation, the estate features a 572 sqft Guest House, a Sparkling Diving Pool, and No HOA. Located near Moon Valley High School, the layout supports high rental demand or private dual-living. This is an ideal acquisition for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12637 N COLUMBINE Drive Subject | $494,000* List Price | 4 | 3 | 2,306 | $229 | - |
A 3937 W PARADISE Drive Sold | $385,000 | 4 | 2 | 2,052 | $188 | 0.6 mi |
B 3937 W Wood Drive Sold | $520,000 | 4 | 2 | 1,928 | $270 | 0.6 mi |
C 3954 W WOOD Drive Sold | $405,000 | 4 | 2 | 1,928 | $210 | 0.6 mi |
D 3741 W POINSETTIA Drive Sold | $395,000 | 4 | 2 | 1,786 | $221 | 0.6 mi |
E 3741 W POINSETTIA Drive Sold | $395,000 | 4 | 2 | 1,786 | $221 | 0.6 mi |
F 3001 W ASTER Drive Sold | $432,500 | 4 | 2 | 1,965 | $220 | 0.8 mi |
G 11430 N 37TH Avenue Active | $519,900 List Price | 5 | 3 | 2,025 | $257 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive renovations within the last 5 years, with over $250,000 invested in upgrades. Key features include new laminate flooring (2021), a modernized kitchen with granite countertops and tile backsplash, remodeled bathrooms, and major mechanical updates including HVAC systems and appliances replaced in 2021.
The property includes a fully equipped 572 sqft guest house with its own kitchen, bathroom, and separate entrance, offering excellent opportunities for rental income or extended family housing.
With over $250,000 invested, the home features modern upgrades including remodeled kitchens and bathrooms, new laminate flooring (2021), and major mechanical updates to AC and evaporative cooling systems.
The absence of a Homeowners Association provides freedom from restrictive rules and fees, while the large lot features a diving pool with a slide, citrus trees, and low-maintenance landscaping.
Built in 1971, the home may have underlying structural or utility components that are over 50 years old, which could require more maintenance than a newer build despite recent cosmetic updates.
The property's convenient location near the I-17 freeway may result in increased ambient traffic noise, which could be a concern for buyers seeking a quieter residential environment.
Over 250k invested in this Renovated Multi-Gen Property! 4 Br Home w/Guest House Apartment of 572 SFT (Kitchen, bathroom, bedroom, shed and Separate entrance!) Sparkling Diving Pool w/Slide on Large lot with low Maintenance! Bright open floorplan with extended Kitchen featuring tile backsplash and granite counters! Spacious Dining area with access to back patio and Plenty of natural light. Freshly painted. New laminate flooring & all appliances replaced in 2021. Updated Casita Kitchen too! Remodeled Bathrooms with added vanities and tile showers. Both AC units replaced in 2017 & 2021. Both Evap Coolers replaced in 2018 & 2021. Two Storage Sheds, separate private backyards & citrus trees. Conveniently located near shopping, dining, major I-17 Freeway, schools, hospitals. Casita is perfect for additional income/mother-in-law quarters/ or live in assistance for business opportunities! NO HOA! Previously Appraised above list price, don't miss your chance to get in under value!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 1.3 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 2.0 | 87% |
| Square foot | 2,306 | 1,678 | 87% |
| Lot Size | 8,333 | 7,987 | 58% |
| Price | $494.0K | $360.0K | 92% |
| Price per sq ft | $214 | $221 | 45% |
| Built year | 1971 | 1971 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 1123 | 0% |
Apr 19, 2026
$494,000
$499,000
-1% Price Drop
Initial Listing
Mar 8, 2026
$499,000
Initial Listing