1543 E MISSION Lane, Phoenix, AZ 85020, Phoenix, 85020 - 5 bed, 3 bath
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Phoenix, AZ 85020
Analysis of 1543 E MISSION Lane, Phoenix, AZ 85020 is currently available with a list price of $825,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1991, this property is well-maintained and move-in ready, but it shows clear signs of being outdated. While there are partial updates such as granite countertops in the kitchen and laundry room, as well as wood-look flooring, the bathrooms feature dated integrated marble-look sinks and 1990s-style light fixtures. The property fits the 'fair' criteria as it is over 30 years old with maintenance and occasional updates rather than a comprehensive modern renovation.
The property features exceptional city and mountain views from two second-floor balconies and a well-appointed courtyard with a fire pit, pavers, and a covered BBQ area.
With over 4,100 square feet of living space, this custom home offers high-end finishes like vaulted ceilings and crown molding, plus versatile rooms including a dedicated office and a gym with a private sauna.
The potential for an assumable mortgage rate provides a significant competitive advantage, offering buyers the opportunity for lower monthly payments compared to current market rates.
For a large five-bedroom residence exceeding 4,000 square feet, the two-car garage may be insufficient for families with multiple vehicles or significant storage requirements.
While the local high school is highly rated, the assigned elementary and middle schools have lower ratings, which may be a drawback for families prioritizing top-tier primary education.
Beautiful custom home with a rate that may be assumable in Davidson Heights offering generous space, refined finishes, and stunning city and mountain views. With over 4,100 sq ft, this thoughtfully designed residence includes 5 bedrooms, 3 full baths, an office, one bedroom currently a gym with a sauna, and a 2-car garage with loft storage. Vaulted ceilings, crown molding, and multiple fireplaces create a warm yet impressive atmosphere. French doors add charm and bring natural light into the open layout connecting the living and dining areas. The kitchen features a spacious island, granite countertops, and ample storage. The courtyard offers pavers, lush grass, and a cozy fire pit, while the backyard provides a covered patio with BBQ and two 2nd-floor balconies showcasing the views.
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades 5-8 • 3.1 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 4,135 | - |
| Lot Size | 9,913 | - |
| Price | $825.0K | $495.4K |
| Price per sq ft | $200 | $290 |
| Built year | 1991 | 0 |
| HOA | $0 | $0 |
| Days on market | 229 | 1260 |
Jul 12, 2026
$825,000
$839,000
-2% Price Drop
Initial Listing
May 23, 2026
$839,000
$859,000
-2% Price Drop
Initial Listing
Dec 5, 2025
$859,000
Initial Listing