15402 N 28th Street 124, Phoenix, AZ 85032, Phoenix, 85032 - 2 bed, 2 bath
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Phoenix, AZ 85032
This Updated Ground-Floor Condominium represents a Prime Investment Opportunity with a List Price of $180,000—positioned well below the $296,861 Fair Market Value by 39%. This massive valuation gap provides $116,861 in Instant Equity. Boasting a Condition Rating of 3, the asset features wood-look flooring, a stone-faced fireplace, and a private patio. Despite the 1984 infrastructure and lower school ratings, the move-in ready status and community pool ensure high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15402 N 28th Street 124 Subject | $180,000* List Price | 2 | 2 | 946 | $314 | - |
A 16225 N 30TH Street 11 Sold | $160,000 | 2 | 2 | 968 | $165 | 0.6 mi |
B 15402 N 28TH Street 226 Sold | $185,000 | 2 | 2 | 946 | $196 | 0.0 mi |
C 15402 N 28TH Street 226 Sold | $185,000 | 2 | 2 | 946 | $196 | 0.0 mi |
D 15601 N 27TH Street 33 Sold | $190,000 | 2 | 2 | 888 | $214 | 0.1 mi |
E 3001 E GRANDVIEW Road 2 Sold | $225,000 | 2 | 3 | 1,092 | $206 | 0.6 mi |
F 2431 E TRACY Lane 1 Active | $197,900 List Price | 2 | 2 | 952 | $208 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready with several modern cosmetic updates, including wood-look flooring, neutral paint, and a stone-faced fireplace. While the kitchen appliances and bathroom vanities show some signs of age, the home has been well-maintained and updated sufficiently to meet current market standards for a 1984 build without requiring immediate renovation.
The condo features contemporary wood-look flooring, white cabinetry, and a cozy fireplace, offering a move-in-ready aesthetic for buyers.
As a ground-floor unit with a private patio and French doors, this property provides easy access and a seamless indoor-outdoor living experience.
Residents benefit from desirable community features, including a swimming pool, which adds significant lifestyle value in the Phoenix climate.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =946, other record lot size in square feet = 688.
Built in 1984, the property may require ongoing maintenance or future updates to major systems like HVAC and plumbing compared to newer builds.
The assigned public schools have lower performance ratings, which could impact long-term resale value for families prioritizing education.
Move-in ready and beautifully updated, this charming ground-floor condo in Garden Club Condominiums offers 2 bedrooms, 2 bathrooms, and a functional open layout perfect for comfortable everyday living. The inviting living area features wood-look flooring, a cozy fireplace, and French doors leading to a private patio. The kitchen offers white cabinetry, ample counter space, and built-in appliances, while both bedrooms provide great natural light and flexibility. Don't forget the community amenities include a swimming pool. BUYER TO VERIFY ALL IMPORTANT/FACTUAL INFORMATION
No exterior & parking available.
Grades PK-3 • 0.4 mi
Grades 4-6 • 0.4 mi
Grades 7-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 946 | 851 | 59% |
| Lot Size | 946 | 855 | 56% |
| Price | $180.0K | $220.0K | 34% |
| Price per sq ft | $190 | $247 | 36% |
| Built year | 1984 | 1984 | 50% |
| HOA | $330 | $255 | 83% |
| Days on market | 31 | 1397 | 2% |
Mar 26, 2026
$180,000
Initial Listing