
Litchfield Park, AZ 85340
This Updated Short Sale Residence is a Prime Investment Opportunity, listed at $400,000—positioned well below the $415,762 Fair Market Value by 3%. This valuation gap provides $15,762 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features 2019 upgrades including granite countertops, authentic wood floors, and a Pebble Tec pool with a custom ramada. Located near the 7/10 rated Dreaming Summit Elementary, it balances modern lifestyle perks with significant value potential. This property is an ideal acquisition for Owner-Occupants seeking a value-buy or Buy-and-Hold Investors looking for a turnkey rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13825 W MONTEBELLO Avenue Subject | $400,000* List Price | 3 | 2 | 1,868 | $223 | - |
A 5914 N MILANO Court Sold | $310,000 | 4 | 2 | 1,503 | $206 | 0.2 mi |
B 5516 N LAGUNA Drive Sold | $465,000 | 3 | 2 | 2,205 | $211 | 0.2 mi |
C 5516 N LAGUNA Drive Sold | $465,000 | 3 | 2 | 2,405 | $193 | 0.2 mi |
D 13653 W SOLANO Drive Sold | $435,000 | 4 | 2 | 1,863 | $233 | 0.2 mi |
E 13337 W MONTEBELLO Avenue Sold | $379,000 List Price | 3 | 3 | 2,432 | 0.6 mi | |
F 5828 N MILANO Drive Active | $388,000 List Price | 4 | 2 | 1,863 | $208 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 with a significant renovation in 2019 (approx. 5-7 years ago). The kitchen features updated granite countertops and painted cabinetry, and the home includes newer windows and wood flooring. While the bathroom retains some dated elements like wallpaper and older fixtures, the overall property is well-maintained, functional, and move-in ready.
The home features significant 2019 updates including granite countertops, painted cabinetry, newer windows, and authentic wood flooring, offering a contemporary and move-in-ready aesthetic.
The private backyard is a standout feature, equipped with a Pebble Tec pool, custom wood ramada, fire pit, and covered patio, perfect for entertaining.
Priced below current market value and situated with easy access to Loop 303, Loop 101, and Luke AFB, this property offers excellent equity potential and convenience.
As a short sale, the transaction involves a more complex closing process and is subject to third-party bank approval, which can lead to extended timelines.
Short sale properties are typically sold in as-is condition, meaning the buyer may have limited leverage to negotiate repairs or credits for any deferred maintenance.
Nestled in the community of Dreaming Summit, this updated 3-bed, 2-bath home is a professionally negotiated short sale opportunity. Please click the documents tab for short sale details and negotiation status. Updated in 2019 with granite countertops, painted cabinetry, newer windows, and authentic wood floors in the great room, it features an open layout ideal for living and entertaining. Outdoor highlights include a private backyard with a custom wood ramada, fire pit, covered patio, and beautiful Pebble Tec pool. Conveniently located between Bethany Home and Camelback Roads and also an eqiul distance to Loop 303, Loop 101, and I-10. Dreaming Summit is also close to Luke AFB, schools, and shopping and services, this property is priced below curent market value.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 5-8 • 1.8 mi
Grades 5-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 23% |
| Baths | 2.0 | 3.0 | 20% |
| Square foot | 1,868 | 2,876 | 14% |
| Lot Size | 7,285 | 10,038.5 | 24% |
| Price | $400.0K | $345.5K | 53% |
| Price per sq ft | $214 | $163 | 72% |
| Built year | 2002 | 2004 | 36% |
| HOA | $139 | $105 | 69% |
| Days on market | 66 | 2142 | 1% |
Apr 2, 2026
$400,000
Initial Listing