1287 N ALMA SCHOOL Road 123, Chandler, AZ 85224, Chandler, 85224 - 1 bed, 1 bath
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Chandler, AZ 85224
This Modernized Move-In Ready Condo is a High-Potential Investment Opportunity, listed at $190,000—positioned well below the $240,785 Fair Market Value by 21%. This significant valuation gap provides $50,785 in Instant Equity for the incoming owner. Featuring a Condition Rating of 3, the interior boasts wood plank flooring, fresh paint, and an updated bathroom. With dual private patios and access to a community pool and spa, this asset balances lifestyle comfort with strong financial upside. It is a strategic acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1287 N ALMA SCHOOL Road 123 Subject | $190,000* List Price | 1 | 1 | 718 | $335 | - |
A 2201 N COMANCHE Drive 1067 Sold | $213,000 | 1 | 1 | 676 | $315 | 1.0 mi |
B 2201 N COMANCHE Drive 1067 Sold | $213,000 | 1 | 1 | 676 | $315 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several recent updates that elevate its condition. Built in 2001, the interior has been refreshed with modern wood plank flooring, fresh neutral paint, and an updated bathroom with contemporary fixtures. The kitchen is well-maintained with a full suite of stainless steel and black appliances. While some elements like the laminate countertops and outdoor laundry area show the home's age, the overall presentation is clean, functional, and requires no immediate renovation.
The interior features contemporary wood plank flooring, fresh paint, and an updated bathroom, providing a stylish and low-maintenance environment for immediate occupancy.
The property offers exceptional functionality for its size, including a spacious walk-in closet and a dedicated separate storage/laundry room with all appliances included.
Large sliding glass doors in both the living area and the primary bedroom lead to private outdoor spaces, significantly increasing natural light and the perceived living area.
With only 718 square feet of living area, the unit may feel restrictive for buyers with larger furniture or those requiring more versatile space.
The assigned elementary school carries a rating of 3, which may be a deterrent for education-focused buyers and could impact long-term appreciation compared to higher-rated districts.
Welcome home to this beautifully 1 bed, 1 bath condo in the heart of Chandler! Designed w/ comfort & style in mind, this move-in-ready home features an open-concept layout w/wood plank flooring and fresh paint. The modern, neutral palette complements any décor, while large sliding glass doors fill the space w/natural light & lead to your own private patio—perfect for morning coffee or to unwind after a long day. The spacious primary bedroom offers a second private patio access & boasts a large walk-in closet for all your storage needs. The bathroom has been nicely updated w/ contemporary touches. You'll also appreciate the separate storage/laundry room for added convenience. All appliances convey. Enjoy resort-style amenities including a community pool, spa, pickleball courts, & more! Conveniently located just minutes from popular dining, shopping, & parks, this low-maintenance condo offers all the essentials of modern living in a fantastic location. HOA includes water. Don't miss your chance to own this charming gem!
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 718 | 715 | 50% |
| Lot Size | 802 | 803 | 50% |
| Price | $190.0K | $201.5K | 50% |
| Price per sq ft | $265 | $248 | 50% |
| Built year | 2001 | 1989 | 80% |
| HOA | $234 | $170 | 80% |
| Days on market | 71 | 2738 | 10% |
Feb 14, 2026
$190,000
Initial Listing