
Phoenix, AZ 85032
This Value-Add 55+ Residential Asset is listed at $175,000, offering price stability at its $175,000 Fair Market Value. Featuring a Condition Rating of 5, the interior requires a comprehensive rehab to address outdated systems and maximize ROI. The property includes a versatile separate entry suite and private patio, providing a unique footprint for forced appreciation. While served by Arrowhead Elementary, Greenway Middle, and Paradise Valley High, the primary value lies in the resort-style amenities. This asset is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16210 N 33RD Street Subject | $175,000* List Price | 2 | 2 | 1,152 | $152 | - |
A 3343 E Kelton Lane Sold | $220,000 List Price | 3 | 2 | 1,522 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980, this 44-year-old home features an original, outdated kitchen and bathrooms that require major updates. The interior shows significant wear, including heavily stained carpeting and a safety concern regarding non-standard electrical wiring for the ceiling fan, necessitating a full rehab to meet modern standards.
The property features a unique separate entry room with its own extra-large closet and bathroom, making it an ideal mother-in-law suite, guest quarters, or dedicated hobby space.
Located in a prime 55+ community, residents have access to resort-style facilities including a heated pool, spa, tennis and pickleball courts, and a clubhouse with active social programming.
With a competitive list price of $175,000 and a remarkably low HOA fee of just $41, this home offers a highly affordable lifestyle in a desirable Phoenix location.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
The description suggests the home 'offers room to make it your own,' indicating that the 1980s interior likely requires cosmetic updates or renovations to meet contemporary standards.
The property is served by schools with low performance ratings (as low as 2/10), which may negatively impact long-term land value and resale appeal to a broader investor market.
Amazing opportunity to own in a prime 55+ community in an amazing location! This well-maintained home offers room to make it your own, plus a separate entry room featuring its own extra-large closet and bathroom, used as a mother-in-law suite or also perfect for guests or hobbies. Enjoy resort-style community amenities including a clubhouse with activities, heated pool and spa, workout room, tennis and pickleball courts, shuffleboard, miniature golf, and lush walkways.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,152 | - |
| Lot Size | 5,092 | - |
| Price | $175.0K | $495.4K |
| Price per sq ft | $152 | $290 |
| Built year | 1980 | 0 |
| HOA | $41 | $0 |
| Days on market | 88 | 1260 |
Apr 26, 2026
$175,000
Initial Listing