
Phoenix, AZ 85048
This Versatile Single-Story Family Home is a Prime Investment Opportunity, listed at $550,000—positioned well below the $577,666 Fair Market Value by 4%. This valuation gap secures $27,666 in Instant Equity. Boasting a Condition Rating of 3, the residence features an updated granite kitchen, vaulted ceilings, and a private pool with mountain views on an oversized 9,365 sqft lot. Located within the top-rated Kyrene School District near Desert Vista High, it offers long-term stability for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15802 S 32ND Place Subject | $550,000* List Price | 3 | 2 | 1,963 | $294 | - |
A 15638 S 31ST Street Sold | $439,900 List Price | 3 | 2 | 1,736 | 0.2 mi | |
B 15638 S 31ST Street Sold | $595,000 List Price | 3 | 2 | 1,736 | 0.2 mi | |
C 15014 S 28TH Street Sold | $565,000 | 4 | 2 | 2,120 | $267 | 0.7 mi |
D 15809 S 31ST Street Sold | $640,000 | 4 | 2 | 2,236 | $286 | 0.2 mi |
E 16619 S 35th Street Sold | $679,999 List Price | 4 | 2 | 2,372 | 0.7 mi | |
F 2901 E woodland Drive Sold | $515,000 List Price | 3 | 3 | 1,594 | 0.4 mi | |
G 15601 S 37TH Way Active | $569,999 List Price | 4 | 3 | 2,029 | $281 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows signs of consistent maintenance. While built in 1995, the kitchen has been updated with granite countertops and modern stainless steel appliances, including a double oven. The interior features a mix of tile and wood laminate flooring, vaulted ceilings, and updated fixtures like modern ceiling fans. The exterior and pool area are well-kept, and the home does not appear to require immediate major renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9365, living area = 1963.
Elementary School: Kyrene de los Lagos School (9/10).
The property features an oversized 9,365 sqft lot with a large private pool, mature landscaping, and ample space for outdoor dining, making it ideal for family gatherings.
Built in 1995 with standard tile and laminate flooring, the interior may require cosmetic updates and contemporary finishes to compete with newer luxury renovations in the area.
The property is subject to a $228 association fee, which represents an ongoing carrying cost that buyers must factor into their monthly budget.
The perfect Lakewood family entertaining home. Oversized backyard with large private pool, lush green grass and mature trees and plenty of room for dining table and BBQ! Vaulted ceilings and private greenery views throughout this single-story home. Primary bedroom with private exit to pool. Layout includes 3 bedrooms/2 baths. open kitchen family room, dedicated dining/ living room, plus bonus room for office or guests. Family friendly tile throughout and light wood laminate in family room. Walking distance to lake, park, schools and shopping.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,963 | 2,162 | 39% |
| Lot Size | 9,365 | 6,970 | 81% |
| Price | $550.0K | $450.0K | 64% |
| Price per sq ft | $280 | $219 | 70% |
| Built year | 1995 | 1992 | 75% |
| HOA | $228 | $200 | 91% |
| Days on market | 39 | 1686 | 0% |
Mar 14, 2026
$550,000
Initial Listing