
Phoenix, AZ 85016
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well below the $443,531 Fair Market Value by a negligible margin, reflecting a stable entry point. With a Condition Rating of 5, the main residence requires significant renovation, yet the 720 sqft Detached Guest Quarters with new HVAC provides immediate rental utility. The expansive 11,375 sqft lot and No HOA status offer rare flexibility for RV parking and workshops. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1617 E EARLL Drive Subject | $450,000* List Price | 2 | 2 | 1,371 | $328 | - |
A 3108 N 21ST Place Sold | $445,000 | 3 | 2 | 1,127 | $395 | 0.6 mi |
B 2009 E CLARENDON Avenue Sold | $380,000 | 2 | 1 | 950 | $400 | 0.7 mi |
C 2038 E CHEERY LYNN Road Pending | $315,000 List Price | 3 | 2 | 1,236 | $255 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941 and explicitly described as 'in need of work,' the primary residence requires significant rehab. While the detached guest house features a new kitchen, bath, and HVAC, the main house's age and stated condition suggest outdated systems and the need for a full interior overhaul.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11375, living area = 1371.
The property includes a substantial 720 sqft detached guest house featuring its own kitchen, bath, and new A/C, offering excellent potential for rental income or multi-generational living.
Situated on a large 11,375 sqft lot, the property provides rare amenities for the area, including a workshop, a 2-car carport, and a dedicated concrete parking area for an RV.
The main residence is noted as being in need of work, suggesting that buyers will need to budget for substantial repairs and updates to bring the home to modern standards.
The assigned local schools have relatively low ratings (2 and 4), which may be a drawback for families prioritizing education and could impact future resale value.
2 bedroom 2 bath single family, one level, in need of work, has detached 720sq ft guest quarters with new A/C., kitchen and bath, 2 car port area with work shop, large concrete parking area for RV. no HOA, fenced yard, located in Historic Area of Earll.
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,371 | - |
| Lot Size | 11,375 | - |
| Price | $450.0K | $495.4K |
| Price per sq ft | $328 | $290 |
| Built year | 1941 | 0 |
| HOA | $0 | $0 |
| Days on market | 42 | 1260 |
Jun 11, 2026
$450,000
Initial Listing