
Phoenix, AZ 85007
This Single Family Residence is a Strong Value Opportunity, listed at $327,000—positioned well below the $329,625 Fair Market Value by 0.8%. This valuation gap offers $2,625 in Instant Equity. Featuring a Condition Rating of 4, the home includes recent mechanical upgrades like a 2023 HVAC and 2024 water heater, though the interior remains dated. With a private patio and no HOA, it offers a functional layout near Downtown Phoenix. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1449 S 11TH Avenue Subject | $327,000* List Price | 3 | 2 | 1,691 | $195 | - |
A 1538 W SONORA Street Active | $350,000 List Price | 3 | 2 | 1,530 | $229 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property boasts excellent recent system upgrades including a new HVAC (2023), water heater (2024), and dual-pane windows (2021), the overall interior condition is dated. The 1950s home features a kitchen with older painted cabinetry and a bathroom with basic fixtures and rough wall textures, indicating a need for cosmetic modernization to move beyond a 'Fair' rating.
The property features significant high-value updates including a new A/C and ducting (2023), a new water heater (2024), and dual-pane windows (2021), significantly reducing immediate capital expenditure for the buyer.
With an updated kitchen and bathrooms plus a versatile den, the 1,691 sqft floor plan offers a contemporary living experience and more functional space than many comparable homes of this era.
The home's proximity to Downtown Phoenix and major freeways provides excellent urban accessibility, while the absence of an HOA fee lowers monthly carrying costs and offers more owner flexibility.
The assigned public schools carry a rating of 3/10, which may be a deterrent for families prioritizing education and could impact future resale velocity.
Despite recent mechanical updates, the 1950s construction may still involve older underlying plumbing or electrical systems common to homes of this age, potentially requiring future maintenance.
Welcome to this charming 3-bedroom, 2-bath home offering a spacious and functional floor plan in a convenient Phoenix location. Thoughtful updates include dual-pane windows (2021), A/C and ducting replaced in 2023, and a new water heater in 2024, providing added peace of mind. The updated kitchen and bathrooms blend style and functionality, while the versatile den offers space for a home office, playroom, or hobby area. Step outside to a low-maintenance backyard featuring artificial turf, perfect for relaxing or entertaining. Conveniently located near Downtown Phoenix, freeways, dining, shopping, and entertainment, this home is ready for its next owner!
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 9-12 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,691 | - |
| Lot Size | 5,994 | - |
| Price | $327.0K | $495.4K |
| Price per sq ft | $193 | $290 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 1260 |
Jul 15, 2026
$327,000
Initial Listing