
Phoenix, AZ 85041
This property presents a High-Potential Investment Opportunity with a List Price of $379,900—positioned above the $361,399 Fair Market Value. While the price reflects a premium, the 4/10 Condition Rating and 7,867 sqft lot provide a clear path for value-add renovations. The home features soaring vaulted ceilings and an open-concept layout, offering a solid foundation for modernization. Located just 0.25 miles from Ignacio Conchos School, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking to build long-term equity through strategic interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1531 W SAINT CATHERINE Avenue Subject | $379,900* List Price | 3 | 2 | 1,518 | $238 | - |
A 6216 S 16TH Lane Sold | $357,500 | 3 | 2 | 1,298 | $275 | 0.2 mi |
B 1832 W LYDIA Lane Sold | $342,000 | 3 | 2 | 1,279 | $267 | 0.4 mi |
C 1116 W MALDONADO Road Sold | $345,000 | 3 | 2 | 1,317 | $262 | 0.4 mi |
D 2233 W ALTA VISTA Road Sold | $320,000 | 4 | 2 | 1,611 | $199 | 0.9 mi |
E 1019 W KOWALSKY Lane Sold | $375,000 | 3 | 3 | 1,461 | $257 | 0.5 mi |
F 1627 W CARSON Road Sold | $287,000 | 3 | 1 | 1,314 | $218 | 0.4 mi |
G 2233 W ALTA VISTA Road Sold | $320,000 | 4 | 2 | 1,591 | $201 | 0.9 mi |
H 5811 S 16TH Drive Sold | $378,000 | 3 | 2 | 1,520 | $249 | 0.4 mi |
I 1731 W SAINT CATHERINE Avenue Pending | $360,000 List Price | 4 | 2 | 1,675 | $215 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (24 years old), the home is dated with original oak cabinetry and older black appliances. While it features fresh paint and new LVP flooring, the kitchen and bathrooms have not undergone a full renovation, and major systems are likely approaching the end of their typical lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7867, living area = 1518.
The property sits on a generous 7,867 sqft lot, offering significant space for a private pool, outdoor kitchen, or custom landscaping, which is a major asset for future value appreciation.
Featuring soaring vaulted ceilings and elegant archways, the interior design creates an airy, open-concept feel that makes the 1,518 sqft living space feel much larger and more luxurious.
The assigned high school has a lower rating of 3, which may be a deterrent for education-focused buyers and could impact the property's competitive edge in the broader market.
Marketed as having 'endless potential,' the property likely requires immediate capital investment to finish the backyard and modernize interior finishes to meet current market standards.
Big lot, soaring ceilings, and endless potential--welcome home! This 3-beds, 2-baths home features an open-concept layout with soaring vaulted ceilings. Elegant archways add architectural character, while the kitchen is highlighted by a charming bay window that fills the space with natural light. The primary suite offers a full en-suite bath with dual vanities. Situated on a large lot, there's plenty of room to create your dream backyard, add a pool, expand your outdoor living space, or design the landscaping you've always wanted. Whether you're a first-time homebuyer or an investor looking for a great opportunity, this home offers comfort, value, and room to grow.
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,518 | - |
| Lot Size | 7,867 | - |
| Price | $379.9K | $495.4K |
| Price per sq ft | $250 | $290 |
| Built year | 2002 | 0 |
| HOA | $80 | $0 |
| Days on market | 13 | 1260 |
Jul 10, 2026
$379,900
Initial Listing