1507 W HELENA Drive, Phoenix, AZ 85023, Phoenix, 85023 - 3 bed, 3 bath
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1507 W HELENA Drive
Phoenix, AZ 85023
ACTIVE
CONDITION: FAIR
3Beds
3Baths
2,016Sq Ft
7,807Lot Size
Property Price
LIST PRICE$380,000
EST. MARKET VALUE
$401,717
5% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $385,000—positioned well below the $403,529 Fair Market Value by 4%. This valuation gap offers $18,529 in Instant Equity. Featuring a 2,016 sqft floor plan with a versatile bonus room, the home maintains a Condition Rating of 4, indicating a need for cosmetic modernization. With No HOA fees, a large backyard with a spa and patio, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Estimated Market Value
$401,717+$21,717 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1507 W HELENA Drive Subject | $380,000* List Price | 3 | 3 | 2,016 | $199 | - |
A 17607 N 15TH Avenue Sold | $405,000 | 5 | 2 | 1,657 | $244 | 0.1 mi |
B 1427 W ANDERSON Drive Sold | $480,000 | 3 | 2 | 2,112 | $227 | 0.1 mi |
C 1427 W ANDERSON Drive Sold | $480,000 | 3 | 2 | 2,112 | $227 | 0.1 mi |
D 2142 W Meadow Drive Sold | $430,000 | 3 | 2 | 2,021 | $213 | 0.9 mi |
E 18226 N 10TH Drive Sold | $336,000 | 3 | 2 | 1,552 | $216 | 0.6 mi |
F 2163 W VILLAGE Drive Sold | $460,000 | 3 | 2 | 2,254 | $204 | 0.8 mi |
G 17403 N 14TH Avenue Sold | $349,500 List Price | 5 | 3 | 2,233 | 0.1 mi | |
H 1101 W DAVIS Road Sold | $275,000 List Price | 4 | 2 | 1,820 | 1.0 mi | |
I 1628 W BLUEFIELD Avenue Active Under Contract | $399,000 List Price | 4 | 2 | 1,734 | $230 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1960 (64 years old), the property is significantly past the 20-year threshold for 'Fair'. While it shows some updates like laminate flooring, the presence of popcorn ceilings and dated exterior elements indicate it is a functional but dated home requiring cosmetic modernization and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Substantial Living Space
At 2,016 square feet, this home offers a significantly larger interior footprint than many standard three-bedroom residences of this era, including a versatile bonus room for an office or hobby space.
- No HOA Fees
The absence of a homeowners association provides the buyer with greater financial flexibility and freedom from restrictive community rules and monthly assessments.
- Established Outdoor Amenities
The property features a generous 7,807 sqft lot with mature landscaping, including a shaded backyard and a producing lemon tree, offering immediate curb appeal and outdoor utility.
CONSRISKS & DEFICIENCIES
- 1960s Original Systems
Given the 1960 build date, the property may require updates to major mechanical systems or cosmetic renovations to align with modern energy efficiency and design standards.
- Inconsistent School Ratings
While the elementary and high schools are moderately rated, the designated middle school has a lower rating of 3, which may be a consideration for education-focused families.
About 1507 W HELENA Drive
Wonderful single story house with three spacious bedrooms. Eat in kitchen with , large fire place area for family gatherings. There is an extra room that could be used as an office or what your mind can imagine. This house offers a large backyard with plenty of shade. The front yard offers fresh natural grass and a beautiful lemon tree. Come and take a look, do not miss the opportunity to make this house yours.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 7,807 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Phoenix Unified Schools
Constitution Elementary School
Grades PK-6 • 0.6 mi
5/10
Deer Valley Middle School
Grades 7-8 • 3.0 mi
3/10
Barry Goldwater High School
Grades 9-12 • 2.8 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,016 | 1,850.5 |
| Lot Size | 7,807 | 7,313 |
| Price | $380.0K | $481.7K |
| Price per sq ft | $188 | $289 |
| Built year | 1960 | 1987 |
| HOA | $0 | $175 |
| Days on market | 30 | 757 |
Pricing History
Listed for Sale
Aug 20, 2026
$380,000
$385,000
-1% Price Drop
Initial Listing
Price Change
Jul 25, 2026
$385,000
Initial Listing