1321 E MORROW Drive, Phoenix, AZ 85024, Phoenix, 85024 - 4 bed, 2 bath
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Phoenix, AZ 85024
This Renovated Single-Family Residence is a Strong Value Opportunity, listed at $469,900—positioned well below the $516,184 Fair Market Value by 8%. This valuation gap provides $46,284 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features a Granite Kitchen, New A/C (2023), and New Windows (2024). The Fenced Pool and RV Gate with No HOA offer rare lifestyle flexibility on a spacious corner lot. This is an elite acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors targeting high-quality assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1321 E MORROW Drive Subject | $469,900* List Price | 4 | 2 | 1,823 | $283 | - |
A 19408 N 9TH Street Sold | $539,955 List Price | 4 | 2 | 2,100 | 0.6 mi | |
B 402 E MORROW Drive Sold | $465,000 | 3 | 2 | 1,601 | $290 | 0.9 mi |
C 402 E MORROW Drive Sold | $465,000 | 3 | 2 | 1,597 | $291 | 0.9 mi |
D 538 E ROCKWOOD Drive Sold | $495,000 | 4 | 2 | 1,712 | $289 | 0.7 mi |
E 19420 N 8TH Street Sold | $440,000 List Price | 3 | 2 | 1,622 | 0.7 mi | |
F 1119 E RENEE Drive Sold | $530,000 | 3 | 2 | 1,840 | $288 | 0.3 mi |
G 19408 N 9TH Street Active Under Contract | $550,000 List Price | 4 | 2 | 2,097 | $262 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1986, the property has undergone a comprehensive renovation within the last 1-2 years, meeting the 'Excellent' criteria for recent updates. Major systems and components are nearly new, including the A/C (2023), windows (2024), and stainless steel appliances (2024). With fresh interior paint, new carpet, and updated kitchen/baths featuring granite countertops, the home is in mint, move-in condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7837, living area = 1823.
The property features a brand-new A/C system installed in 2023 and all-new windows installed in 2024, offering superior energy efficiency and reducing immediate maintenance costs for the buyer.
The absence of an HOA combined with a corner lot and RV gate provides rare flexibility for homeowners to store recreational vehicles and enjoy property freedom without restrictive covenants.
Despite the modern surface updates, the 1986 construction year may imply that original underlying systems, such as plumbing or the roof, are approaching the end of their typical lifecycle.
The mention of small walk-in closets in all bedrooms suggests that storage space may be tighter than expected for a four-bedroom family home, potentially requiring creative organizational solutions.
Nice 4beds 2baths with Pool RV Gate/Parking NO HOA Move in Ready Corner Lot Vaulted Ceiling. House has a new paint inside and new carpet/padding in the bedrooms and living room. Tiles in traffic area and kitchen/Baths. Beautiful kitchen with granite countertop, new stainless-steel appliances and new light fixtures. Master Bath has dual sinks; hallway bath has a new granite countertop and new faucet. All bedrooms have a small WC. All new ceiling fans and light fixtures throughout the home. All new windows installed 2024. House has been upgraded as much as possible to feel cozy. Large back yard with a cover patio. Fenced pool, pool deck has a new texture and paint. RV Gate/Parking all your toys front or back. 2 car garage with opener. New A/C installed 2023.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,823 | 1,759 | 54% |
| Lot Size | 7,837 | 6,546 | 75% |
| Price | $469.9K | $437.4K | 54% |
| Price per sq ft | $258 | $270 | 42% |
| Built year | 1986 | 1997 | 29% |
| HOA | $0 | $66 | 32% |
| Days on market | 10 | 1731 | 0% |
Apr 15, 2026
$469,900
Initial Listing