
Phoenix, AZ 85015
This High-Capacity Specialized Residential Asset is listed at $890,000, offering a unique turnkey solution for high-occupancy operations. The property is priced relative to its $823,018 Fair Market Value, reflecting the premium for its comprehensive 2017 renovation compared to local value-add comps. Boasting a Good Condition Rating, the interior features 7 Bedrooms and 10 Beds, Vinyl Wood Plank Flooring, and a Modern Kitchen. Serving the Maryland Elementary and Washington High School districts, this facility is perfectly configured for Healthcare Real Estate Investors or Assisted Living Operators seeking a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1514 W BETHANY HOME Road Subject | $890,000* List Price | 7 | 4 | 3,097 | $266 | - |
A 5338 N 21ST Avenue Active | $685,000 List Price | 7 | 6 | 3,071 | $223 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent a comprehensive renovation in 2017, which falls within the 5 to 15-year range for an extensive renovation to be considered in good condition. The updates include a modern kitchen with stainless steel appliances and white cabinets, vinyl wood plank flooring, and updated bathrooms with new vanities and tile work. While the original structure dates to 1951, the 2017 improvements and well-maintained interior and exterior make it move-in ready, particularly for its specialized use as a group home or assisted living facility.
With 7 bedrooms and 10 beds, this property is uniquely configured for high-occupancy specialized uses such as assisted living, group homes, or transitional housing.
A comprehensive 2017 renovation provides a modern interior with vinyl wood plank flooring, a contemporary kitchen with stainless steel appliances, and updated bathrooms.
The property features oversized laundry facilities and a secure, attractively designed backyard, specifically tailored to provide a safe and serene environment for multiple residents.
Despite the 2017 cosmetic and interior updates, the original 1951 structure may present long-term maintenance challenges associated with older plumbing and electrical systems.
The local elementary school carries a low rating of 3, which could limit the property's appeal to traditional families and potentially impact future residential resale value.
Comprehensive renovation in 2017. Featuring an updated exterior and interior paint scheme, beautifully landscaped common areas, oversized functional laundry accommodations, additional bedrooms with closets, upgraded modern kitchen with stainless steel appliances and white cabinets, modern interior including vinyl wood planked flooring, comfortable soft couches, long lasting countertops, updated fixtures and cabinet hardware, along with new bathroom vanities and freshly installed shower and tile. Distinctive and attractively designed backyard provide residents a quiet, serene, and safe place to relax and enjoy recreational activities. 7 bedrooms, 10 beds. POTENTIAL USES INCLUDE: Group Home; Residential Behavioral Health; Assisted Living; Transitional Housing.
No exterior & parking available.
Grades PK-8 • 0.9 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 3,097 | 1,474.5 | 99% |
| Lot Size | 8,481 | 7,693 | 68% |
| Price | $890.0K | $370.0K | 98% |
| Price per sq ft | $287 | $264 | 60% |
| Built year | 1951 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 146 | 994 | 15% |
Dec 1, 2025
$890,000
Initial Listing