1511 E FREMONT Road, Phoenix, AZ 85042, Phoenix, 85042 - 3 bed, 1 bath
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Phoenix, AZ 85042
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $330,000—positioned slightly above the $323,041 Fair Market Value. While the property lacks an equity gap, its Fair Condition Rating and modern interior upgrades, including 16-inch tile and cherry cabinets, provide a solid foundation. Featuring mountain views and a built-in BBQ, the home offers immediate lifestyle appeal with no HOA fees. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready starter home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1511 E FREMONT Road Subject | $330,000* List Price | 3 | 1 | 1,040 | $299 | - |
A 1706 E FREMONT Road Sold | $365,000 | 3 | 2 | 1,104 | $331 | 0.3 mi |
B 1706 E Fremont Road Sold | $365,000 | 3 | 2 | 1,103 | $331 | 0.3 mi |
C 1706 E Fremont Road Sold | $365,000 | 3 | 2 | 1,103 | $331 | 0.3 mi |
D 1701 E CARSON Road Sold | $379,000 | 3 | 2 | 1,199 | $316 | 0.3 mi |
E 1710 E GREENWAY Circle Sold | $380,000 | 3 | 2 | 1,199 | $317 | 0.3 mi |
F 1837 E PLEASANT Lane Sold | $250,000 | 3 | 1 | 947 | $264 | 0.9 mi |
G 1702 E FREMONT Road Pending | $350,000 List Price | 3 | 2 | 1,199 | $292 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, the property is over 20 years old and fits the 'Fair' criteria. While the interior is well-maintained and move-in ready with 16-inch tile and updated stainless steel appliances, the kitchen cabinetry and countertops remain dated, and the overall architectural style reflects its original age rather than a recent full renovation.
The home features high-quality cherry cabinets and 16-inch tile flooring throughout, offering a cohesive and updated aesthetic that is rare for a starter home at this price point.
The property includes a built-in BBQ area and offers scenic mountain views, providing an excellent space for outdoor entertainment and relaxation.
With an association fee of $0, this property offers lower monthly carrying costs and greater flexibility for the homeowner compared to many neighboring Phoenix subdivisions.
The home features three bedrooms but only one bathroom, which may be a significant drawback for families and could limit the property's competitive edge in the market.
The assigned elementary school carries a rating of 1, which may deter families prioritizing education and potentially impact future property value appreciation.
Fantastic starter home.Open floorpan, cherry cabinets and 16inch tile throughout the entire home! All of the bedrooms are great size and have close access to the bathroom with dual sinks, shower and tub. This adorable home is made complete with a built in BBQ perfect for entertaining and mountain views! Don't miss out on this opportunity to call this home yours!
No exterior & parking available.
Grades K-3 • 0.6 mi
Grades 4-8 • 0.6 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 1,040 | 1,869 | 4% |
| Lot Size | 5,397 | 7,198 | 13% |
| Price | $330.0K | $399.0K | 37% |
| Price per sq ft | $317 | $228 | 94% |
| Built year | 1986 | 2000 | 24% |
| HOA | $0 | $95 | 35% |
| Days on market | 39 | 1444 | 1% |
May 8, 2026
$330,000
Initial Listing