1326 E TARO Lane, Phoenix, AZ 85024, Phoenix, 85024 - 4 bed, 3 bath
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Phoenix, AZ 85024
This property presents a High-Potential Investment Opportunity with a List Price of $469,500—positioned well below the $449,165 Fair Market Value by -4%. While the home maintains a Fair Condition Rating, its No HOA status, RV Access, and Large Corner Lot provide significant value-add potential. The North/South exposure and Mountain Views enhance the outdoor living experience. Despite lower-rated local schools, the property’s layout and lot size offer a solid foundation for value appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable desert home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1326 E TARO Lane Subject | $469,500* List Price | 4 | 3 | 1,578 | $285 | - |
A 1313 E Piute Avenue Sold | $350,000 | 3 | 2 | 1,433 | $244 | 0.3 mi |
B 402 E MORROW Drive Sold | $465,000 | 3 | 2 | 1,597 | $291 | 0.9 mi |
C 1841 E BEHREND Drive Sold | $540,000 | 3 | 2 | 1,680 | $321 | 0.8 mi |
D 1023 E ESCUDA Drive Sold | $360,000 | 3 | 3 | 1,320 | $273 | 0.7 mi |
E 402 E MORROW Drive Sold | $465,000 | 3 | 2 | 1,597 | $291 | 0.9 mi |
F 19234 N 6TH Street Sold | $440,000 | 3 | 3 | 1,656 | $266 | 0.8 mi |
G 528 E renee Drive Sold | $430,000 | 3 | 2 | 1,764 | $244 | 0.8 mi |
H 1410 E WESCOTT Drive Sold | $360,000 | 3 | 2 | 1,136 | $317 | 0.1 mi |
I 1314 E TOPEKA Drive Active | $474,995 List Price | 4 | 2 | 1,548 | $307 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986 (38 years old), the property is well-maintained but remains dated. While the kitchen and baths have received cosmetic refreshes like painted cabinets and updated hardware, they retain laminate countertops and older configurations. The presence of popcorn ceilings and the age of the structure without a full-scale modern renovation within the last 15 years align with the 'Fair' criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7686, living area = 1578.
The absence of an HOA offers homeowners freedom from restrictive rules and monthly fees, while the RV gate and large corner lot provide ample space for vehicle storage and outdoor customization.
The property features a desirable North/South exposure for better energy efficiency and offers scenic mountain views, significantly enhancing the home's curb appeal and outdoor experience.
The assigned elementary and high schools have lower performance ratings (2 and 4 respectively), which may be a concern for families prioritizing high-ranking educational districts.
With four bedrooms distributed across 1,578 square feet, the individual room sizes may feel small, and the 1986 build may require modern updates to compete with newer area inventory.
You/ve been looking for a gem that has been well maintained, has a huge backyard for you to design and very importantly is not in an HOA! A north / south exposure, a huge corner lot and a nicely maintained neighborhood make it a great place to make your new home. Close enough to the 101 to make it convenient and just far enough away to enjoy that. There is a huge back patio just made for entertaining, and an RV gate that gives you access to it. Ductwork has already been installef forthe owner that would want to add evaporative cooling to the patio.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 2.7 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,578 | - |
| Lot Size | 7,686 | - |
| Price | $469.5K | $495.4K |
| Price per sq ft | $298 | $290 |
| Built year | 1986 | 0 |
| HOA | $0 | $0 |
| Days on market | 31 | 1260 |
Jun 21, 2026
$469,500
Initial Listing