
Phoenix, AZ 85022
This Spacious Corner-Lot Residence is a Strong Value Opportunity, listed at $750,000—positioned well below the $817,134 Fair Market Value by 8%. This valuation gap secures $67,134 in Instant Equity for the buyer. While the property holds a Condition Rating of 4 due to its original 1988 finishes, the layout features soaring vaulted ceilings, mountain views, and a 3-car garage. This home offers significant appreciation potential through modernization in a prime Phoenix location. It is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1265 E MARCONI Avenue Subject | $750,000* List Price | 4 | 4 | 3,405 | $240 | - |
A 14417 N 15TH Street Sold | $595,000 List Price | 4 | 3 | 3,099 | 1.0 mi | |
B 1318 E ACOMA Drive Sold | $725,000 | 3 | 2 | 2,578 | $281 | 0.8 mi |
C 1002 E CORAL GABLES Drive Sold | $625,000 | 3 | 3 | 2,839 | $220 | 0.5 mi |
D 15817 N 17TH Way Sold | $680,000 | 3 | 3 | 2,691 | $253 | 0.6 mi |
E 1739 E MONTE CRISTO Avenue Active | $879,000 List Price | 5 | 3 | 3,857 | $228 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property is dated with original oak cabinetry and white tile countertops in the kitchen and bathrooms. While the home features some cosmetic updates like wood-look flooring and a neutral paint palette, the primary functional areas are over 30 years old and require modernization to meet current standards.
The 3,405 sqft floor plan features soaring vaulted ceilings and a versatile upstairs bonus room equipped with a wet bar and balcony, ideal for hosting and multi-generational living.
Situated on a generous 12,101 sqft corner lot, the property offers mountain views, a 3-car garage, and a private backyard with a covered patio for outdoor dining.
The ground-level primary bedroom provides excellent accessibility and privacy, featuring direct backyard access, an ensuite with double vanities, and a large walk-in closet.
While the elementary schools are well-rated, the assigned middle schools have lower ratings (as low as 2/10), which may be a concern for education-focused buyers.
Built in 1988, the home features some original elements like soft carpeting that may require additional investment to meet modern luxury standards.
The search is finally over! This coveted corner lot residence welcomes you with a 3-car garage, a charming desert landscape, and an inviting front patio. Fall in love with the serene living room with soaring vaulted ceilings, a soothing palette, wood-look flooring, and a cozy fireplace for relaxing evenings. The ground-level primary bedroom showcases soft carpeting, direct backyard access, an ensuite with double vanities, and a walk-in closet. Upstairs, you'll be delighted by the versatile bonus room, complete with contemporary track lighting and a wet bar for entertaining. Unwind at the end of a long day on the balcony, offering tranquil views of the neighborhood. The backyard includes a covered patio for dining al fresco or refreshing drinks. Make it yours today!
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades PK-6 • 1.5 mi
Grades 7-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 3,405 | 1,798 | 94% |
| Lot Size | 12,101 | 7,931 | 86% |
| Price | $750.0K | $425.0K | 88% |
| Price per sq ft | $220 | $272 | 35% |
| Built year | 1988 | 1985 | 61% |
| HOA | $371 | $0 | 96% |
| Days on market | 15 | 958 | 0% |
Apr 30, 2026
$750,000
Initial Listing