16032 S 1ST Street, Phoenix, AZ 85048, Phoenix, 85048 - 5 bed, 3 bath
Loading property details...
Phoenix, AZ 85048
This Spacious Foothills Residence is a High-Potential Investment Opportunity, listed at $850,000—positioned well below the $1,133,726 Fair Market Value by 25%. This significant valuation gap provides $283,726 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the home features $40,000 in recent upgrades, including a resurfaced PebbleTec pool, quartz countertops, and mountain views. The 3,394 sq. ft. layout includes a downstairs bedroom and full bath, ideal for multigenerational living. Located in the premier Ahwatukee Foothills, this is an elite acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16032 S 1ST Street Subject | $850,000* List Price | 5 | 3 | 3,394 | $334 | - |
A 408 E SOUTH FORK Drive Sold | $770,000 | 3 | 3 | 3,089 | $249 | 0.5 mi |
B 408 E SOUTH FORK Drive Sold | $770,000 | 4 | 3 | 3,089 | $249 | 0.5 mi |
C 408 E SOUTH FORK Drive Sold | $770,000 | 3 | 3 | 3,089 | $249 | 0.5 mi |
D 523 E MOUNTAIN SKY Avenue Active Under Contract | $745,000 List Price | 5 | 3 | 3,089 | $241 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1994-built home is in move-in ready condition and has benefited from over $40,000 in recent upgrades. The interior features modern luxury vinyl plank flooring, updated light fixtures, fresh paint, and a refreshed wet bar/kitchen area with quartz countertops and shaker-style cabinetry. While the property is over 30 years old, the extensive aesthetic updates and the recently resurfaced PebbleTec pool align with the 'good' condition category, showing minimal wear and tear in the primary living spaces.
With over $40,000 in recent improvements, including a resurfaced PebbleTec pool and modern lighting, this home offers a move-in-ready experience with significant capital expenditures already addressed.
The 3,394 sq. ft. floor plan features five bedrooms, including a convenient downstairs bedroom and full bath, making it ideal for guests, multi-generational living, or a dedicated home office.
Situated in the desirable Ahwatukee Foothills near hiking trails and the clubhouse, the property boasts peaceful mountain views from the primary suite and excellent proximity to local amenities.
While the home features $40,000 in aesthetic and pool upgrades, the 1994 build date suggests that major mechanical systems like the roof or HVAC may be nearing the end of their typical lifespan if not recently replaced.
The third bay of the 3-car garage is currently configured as a home gym, which may require conversion effort or expense for buyers specifically requiring traditional three-vehicle covered parking.
Light-filled, updated 5-bedroom home nestled in the Ahwatukee Foothills featuring a downstairs bedroom and full bath, resurfaced PebbleTec pool, and over $40K in recent upgrades. Vaulted ceilings and multiple living spaces create a flexible floor plan ideal for entertaining, multigenerational living, or work-from-home needs. Fresh lighting and modern updates enhance the bright, move-in ready feel. The primary suite enjoys peaceful mountain views, while the backyard offers a covered patio, grassy yard, and sparkling pool for true Arizona living. 3-car garage with third bay set up as a home gym. Located near hiking, parks, shopping, and freeway access. Less than 1 mile from the Foothills Clubhouse! Strong value with major updates already completed-- be sure to view the upgrades list!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 83% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,394 | 2,167 | 91% |
| Lot Size | 8,168 | 6,970 | 67% |
| Price | $850.0K | $446.0K | 95% |
| Price per sq ft | $250 | $218 | 58% |
| Built year | 1994 | 1992 | 64% |
| HOA | $306 | $200 | 93% |
| Days on market | 61 | 1686 | 0% |
Feb 20, 2026
$850,000
Initial Listing