
Avondale, AZ 85392
This property presents a High-Potential Investment Opportunity with a List Price of $465,000—positioned well below the $409,915 Fair Market Value by -13%. While the home maintains a Fair Condition Rating due to original 1999 finishes, the $0 HOA fee and 7,150 sqft lot provide a solid foundation for value-add renovations. Located just 0.42 miles from Rancho Santa Fe Elementary, this asset offers significant upside for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12735 W EDGEMONT Avenue Subject | $465,000* List Price | 4 | 2 | 1,804 | $227 | - |
A 12617 W CATALINA Drive Sold | $389,000 | 4 | 2 | 1,948 | $200 | 0.3 mi |
B 12740 W CAMBRIDGE Avenue Sold | $520,000 | 4 | 2 | 2,276 | $228 | 0.2 mi |
C 12748 W ROANOKE Avenue Sold | $450,000 | 3 | 2 | 2,335 | $193 | 0.1 mi |
D 3369 N 129TH Drive Sold | $455,000 | 4 | 2 | 2,496 | $182 | 0.6 mi |
E 12717 W LEWIS Avenue Sold | $444,900 List Price | 4 | 2 | 1,757 | 0.4 mi | |
F 12728 W CAMBRIDGE Avenue Active | $425,000 List Price | 4 | 2 | 1,804 | $236 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1999, making it 25 years old. While the interior appears clean and well-maintained, the finishes are original to the build date, including 90s-style oak cabinetry, basic laminate/cultured marble countertops, and standard fiberglass tub surrounds. It fits the 'Fair' criteria as it is over 20 years old and dated, requiring cosmetic updates to the kitchen and bathrooms to meet modern standards.
The property features a rare $0 association fee, providing homeowners with significant monthly savings and greater autonomy over their property compared to neighboring managed communities.
Situated just 0.42 miles from Rancho Santa Fe Elementary, this home offers exceptional convenience for families, making daily school commutes effortless.
The 7,150 square foot lot provides a generous outdoor footprint, offering ample space for a private pool, landscaping projects, or outdoor entertaining areas.
Built in 1999, the property is approaching a 25-year lifecycle where major systems such as the HVAC, roof, and water heater may require near-term capital investment.
The local high school carries a rating of 5, which may be a consideration for buyers prioritizing top-tier secondary education performance in their home search.
Exceptional opportunity in Avondale. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,804 | - |
| Lot Size | 7,150 | - |
| Price | $465.0K | $409.8K |
| Price per sq ft | $258 | $207 |
| Built year | 1999 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 2987 |
Jul 17, 2026
$465,000
Initial Listing