16371 W MARCONI Avenue, Surprise, AZ 85388, Surprise, 85388 - 4 bed, 4 bath
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Surprise, AZ 85388
This Value-Add Residential Asset is listed at $425,000, representing a stable entry point near its $406,878 Fair Market Value. Marketed with a Condition Rating 4 (Investor Special), the property requires interior updates to reach its full potential but features a high-utility 4-Bedroom, 4-Bathroom Layout. The exterior offers a Private Pool and Spa and mature citrus trees, while the location provides proximity to the 8/10 Rated Cimarron Springs Elementary. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants looking to build equity through personalized renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16371 W MARCONI Avenue Subject | $425,000* List Price | 4 | 4 | 1,973 | $206 | - |
A 16373 W PARADISE Lane Sold | $450,000 | 4 | 2 | 1,993 | $226 | 0.3 mi |
B 15881 N 165TH Lane Sold | $412,600 | 4 | 3 | 2,232 | $185 | 0.2 mi |
C 15881 N 165TH Lane Sold | $412,600 | 4 | 3 | 2,232 | $185 | 0.2 mi |
D 16415 N 165TH Drive Sold | $384,900 List Price | 4 | 2 | 1,482 | 0.5 mi | |
E 15881 N 165TH Lane Pending | $431,000 List Price | 4 | 3 | 2,232 | $193 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, this 21-year-old property is explicitly marketed as an 'Investor Special' requiring updates and personalization. While the exterior appears functional, the listing description and property analysis indicate that major systems and interior finishes are likely original and show signs of being outdated, necessitating capital expenditure to meet modern standards.
The property features a highly desirable outdoor living space equipped with a private pool, spa, and mature citrus trees, providing significant lifestyle appeal in the Arizona climate.
With 4 bedrooms and 4 bathrooms, this home offers an exceptional bed-to-bath ratio for its square footage, making it ideal for large families or multi-generational living arrangements.
The home is conveniently located less than a mile from Cimarron Springs Elementary School, which boasts a high rating of 8/10, enhancing the property's long-term value for families.
Marketed as an 'Investor Special,' the property requires updates and personalization throughout, indicating a need for immediate capital expenditure to reach its full market potential.
Built in 2003 and sold in its current condition, the home likely faces upcoming costs for major system repairs or replacements typical of a twenty-year-old property.
Investor Special! Welcome to this opportunity-filled home offering the perfect blend of potential and location. Featuring a spacious open floor plan, abundant natural light, and inviting living spaces, this property is ideal for investors or buyers with a vision - looking to add value. Step outside to a private backyard retreat complete with a spacious pool, spa, and mature citrus trees. This home presents a great opportunity for updates and personalization. Conveniently located near shopping, dining, and top-rated schools - don't miss out on this investment.
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades PK-8 • 1.6 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 88% |
| Square foot | 1,973 | 2,151 | 41% |
| Lot Size | 7,081 | 6,388 | 70% |
| Price | $425.0K | $360.0K | 68% |
| Price per sq ft | $215 | $182 | 66% |
| Built year | 2003 | 2005 | 16% |
| HOA | $70 | $133 | 26% |
| Days on market | 33 | 1860 | 1% |
Mar 20, 2026
$425,000
Initial Listing