1314 E PALO VERDE Drive, Phoenix, AZ 85014, Phoenix, 85014 - 4 bed, 3 bath
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Phoenix, AZ 85014
This Modernized Mid-Century Residence is a Strong Value Opportunity, listed at $770,000—positioned well below the $835,993 Fair Market Value by 7%. This valuation gap secures $65,993 in Instant Equity for the buyer. Boasting a High-Tier Condition Rating following an extensive 2019 renovation, the home features a modern kitchen with waterfall quartz, a dedicated office, and a spacious corner lot within the prestigious Madison School District. This property perfectly balances immediate lifestyle luxury with significant financial upside, making it an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1314 E PALO VERDE Drive Subject | $770,000* List Price | 4 | 3 | 2,211 | $378 | - |
A 5741 N 12TH Place Sold | $599,000 List Price | 4 | 3 | 2,319 | 0.1 mi | |
B 928 E Berridge Lane Sold | $1,000,000 | 4 | 4 | 2,303 | $434 | 0.5 mi |
C 928 E Berridge Lane Sold | $1,000,000 | 4 | 4 | 2,530 | $395 | 0.5 mi |
D 1009 E TUCKEY Lane Sold | $899,000 List Price | 4 | 3 | 2,305 | 0.8 mi | |
E 1316 E VERMONT Avenue Sold | $787,200 | 4 | 2 | 2,378 | $331 | 0.5 mi |
F 1516 E KEIM Drive Sold | $825,000 | 3 | 2 | 1,892 | $436 | 0.4 mi |
G 1039 E MONTEBELLO Avenue Active | $750,000 List Price | 4 | 3 | 2,039 | $368 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was extensively renovated in 2019, which falls within the 5-year window for a top-tier condition rating. The interior features a modern kitchen with waterfall quartz countertops, stainless steel appliances, and white shaker cabinetry. Bathrooms have been fully updated with contemporary fixtures and subway tiling. The home also boasts updated wood-look flooring, modern recessed and pendant lighting, and a well-maintained exterior with a paved driveway, meeting all current quality standards with no visible deferred maintenance.
Situated in the highly desirable Madison School District and nestled between the Biltmore and North Central neighborhoods, offering excellent proximity to top-tier dining and shopping destinations.
Extensively updated in 2019, the home features a functional split floor plan, a dedicated office with quartz finishes, and contemporary open living spaces that cater to modern lifestyles.
The property sits on a spacious corner lot with an expanded backyard achieved through the incorporation of an abandoned alleyway, providing rare additional square footage for outdoor living or future expansion.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2211, other record living area = 2087.
Originally built in 1952, the property may have underlying aging systems such as plumbing or electrical that require ongoing maintenance despite the 2019 aesthetic updates.
While the corner lot provides extra space, it also results in increased street exposure and potential traffic noise, which may impact the sense of seclusion for some buyers.
Beautifully updated in 2019, this McAdams Manor charmer sits on a spacious corner lot, ideally located between the Biltmore and North Central neighborhoods. The home offers 4 bedrooms and 3 bathrooms with a desirable split floor plan, open living spaces, and a separate dining area highlighted by a cozy fireplace. A dedicated office features built-in cabinetry and quartz countertops, perfect for work or study. The backyard has been expanded through the incorporation of an abandoned alleyway, providing ample space for outdoor living or future expansion. Located within the sought-after Madison School District and just minutes from popular shopping and dining destinations, including Luci's, The Fred, and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 3.0 | 2.0 | 72% |
| Square foot | 2,211 | 1,701 | 82% |
| Lot Size | 8,597 | 7,802 | 67% |
| Price | $770.0K | $485.0K | 81% |
| Price per sq ft | $348 | $324 | 59% |
| Built year | 1952 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 1642 | 3% |
Feb 5, 2026
$770,000
Initial Listing