
Phoenix, AZ 85014
This 1925 High-Potential Investment Opportunity is listed at $525,000, positioned above the $442,012 Fair Market Value. While the property requires modernization due to its Condition Rating of 4, it offers authentic character within the Cheery Lynn Historical District. Key features include a covered patio, original wood flooring, and a versatile primary suite. With proximity to North High School and Longview Elementary, this residence provides a stable foundation for value-add renovations. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a historic project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1524 E EARLL Drive Subject | $489,999* List Price | 2 | 2 | 1,438 | $313 | - |
A 1521 E Flower Street Sold | $600,000 | 2 | 2 | 1,527 | $393 | 0.1 mi |
B 3021 N RANDOLPH Road Sold | $479,000 | 3 | 1 | 1,620 | $296 | 0.1 mi |
C 1330 E MULBERRY Street Sold | $520,000 | 3 | 2 | 1,489 | $349 | 0.3 mi |
D 1330 E MULBERRY Street Sold | $520,000 | 4 | 2 | 1,489 | $349 | 0.3 mi |
E 3620 N 12TH Street Sold | $365,000 | 3 | 2 | 1,336 | $273 | 0.6 mi |
F 3644 N 15TH Street Sold | $475,000 | 4 | 2 | 1,738 | $273 | 0.4 mi |
G 3644 N 15TH Street Sold | $475,000 | 4 | 2 | 1,738 | $273 | 0.4 mi |
H 1006 E INDIANOLA Avenue Sold | $420,000 | 3 | 2 | 1,105 | $380 | 0.8 mi |
I 1132 E WELDON Avenue Pending | $440,000 List Price | 3 | 2 | 1,546 | $285 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While well-maintained and located in a historical district, the property is over 100 years old with a kitchen renovation that appears to be 20+ years old (dated cabinetry and laminate countertops). It is functional and move-in ready, but the age of the finishes and the 1925 structure suggest a need for modernization and potential system updates to meet modern standards.
Situated in the desirable Cheery Lynn Historical District, this 1925 home offers authentic character and timeless appeal, featuring original wood flooring and a classic front porch.
The 1,438 sqft floor plan is thoughtfully designed with a dedicated family room and a primary suite that includes a versatile sitting room and walk-in closet, maximizing functional space.
The property features no association fees and a well-equipped backyard with a covered patio and storage shed, providing both financial freedom and excellent space for outdoor living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1438, other record living area = 1480.
With only two bedrooms, the property may face a smaller buyer pool compared to three-bedroom homes in the same price bracket, particularly for growing families.
Given the home's 1925 construction, buyers should anticipate potential maintenance requirements or necessary updates to aging systems inherent in century-old properties.
Home, sweet home in the Cheery Lynn Historical District. Welcome to this charming 2-bedroom, 2-bath home with an attached carport and an inviting front porch for morning coffee. Inside, the serene living room features original wood flooring. You'll also find a dedicated family room for intimate moments with family. The well-appointed kitchen comes with ample wood cabinetry and essential built-in appliances for a seamless cooking experience. The main bedroom includes a versatile sitting room, a private bathroom, and a walk-in closet. Dual-paned casement windows throughout. Unwind at the end of a long day in the backyard, complete with a covered patio for dining al fresco, a storage shed, and plenty of space for outdoor relaxation. Don't miss your chance to own this lovely residence.
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades 7-8 • 2.7 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,438 | - |
| Lot Size | 6,190 | - |
| Price | $490.0K | $495.4K |
| Price per sq ft | $341 | $290 |
| Built year | 1925 | 0 |
| HOA | $0 | $0 |
| Days on market | 71 | 1260 |
Jul 19, 2026
$489,999
$499,999
-2% Price Drop
Initial Listing
Jun 20, 2026
$499,999
$510,000
-2% Price Drop
Initial Listing
Jun 16, 2026
$510,000
$515,000
-1% Price Drop
Initial Listing
Jun 6, 2026
$515,000
$520,000
-1% Price Drop
Initial Listing
Jun 2, 2026
$520,000
$525,000
-1% Price Drop
Initial Listing
May 15, 2026
$525,000
Initial Listing