14318 N 1ST Avenue, El Mirage, AZ 85335, El Mirage, 85335 - 3 bed, 2 bath
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El Mirage, AZ 85335
This Value-Add Residential Asset represents a Strong Value Opportunity with a List Price of $265,000—positioned well below the $291,830 Fair Market Value by 9%. This valuation gap secures $26,830 in Instant Equity for incoming buyers. While the home maintains a Vintage Condition Rating requiring cosmetic and functional updates, the expansive 7,700 Sqft Lot and Oversized Covered Patio provide significant expansion potential. Located near El Mirage School and Valley Vista High School, this property is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14318 N 1ST Avenue Subject | $265,000* List Price | 3 | 2 | 1,672 | $175 | - |
A 12136 W CARIBBEAN Lane Sold | $234,000 List Price | 3 | 2 | 1,642 | 0.7 mi | |
B 14820 N EL FRIO Street Sold | $240,000 List Price | 4 | 2 | 1,642 | 0.6 mi | |
C 11758 W MAUNA LOA Lane Sold | $215,000 List Price | 3 | 2 | 1,642 | 0.8 mi | |
D 12846 W VALENTINE Avenue Sold | $298,000 | 4 | 2 | 1,615 | $185 | 1.0 mi |
E 12517 W WELLS Street Active Under Contract | $340,000 List Price | 3 | 2 | 1,685 | $202 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is in 'vintage' condition and requires cosmetic and functional updates. Exterior images show deferred maintenance, including peeling paint on the fascia boards. While the interior features some tile flooring, the 1.5 bathroom configuration is outdated for a three-bedroom home, and the overall aesthetic reflects its original era. The property is functional but shows significant signs of age and would benefit from a renovation to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7700, living area = 1672.
Situated on a generous 7,700 sqft lot with an oversized covered patio, this property offers significant space for future additions, ADUs, or customized outdoor living areas.
Priced competitively at $265,000 for nearly 1,700 sqft of living space, this home represents a high-value opportunity for investors or first-time buyers looking to build equity.
The 1.5 bathroom setup for a three-bedroom home of this size is below modern market expectations and may pose a challenge for larger families.
Built in 1972, the property likely requires updates to its original systems and cosmetic finishes to meet contemporary efficiency and aesthetic standards.
Single story home that features, 3 bedrooms, 1.5 bathroom, large family room, oversized covered patio. Laundry inside. Lots of room to expand.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades 9-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,672 | 1,612 | 57% |
| Lot Size | 7,700 | 5,484 | 85% |
| Price | $265.0K | $330.0K | 31% |
| Price per sq ft | $158 | $205 | 30% |
| Built year | 1972 | 2002 | 1% |
| HOA | $0 | $73 | 28% |
| Days on market | 16 | 2426 | 1% |
Apr 6, 2026
$265,000
Initial Listing