16401 N 37TH Place, Phoenix, AZ 85032, Phoenix, 85032 - 4 bed, 2 bath
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Phoenix, AZ 85032
This property presents a High-Potential Investment Opportunity with a List Price of $500,000—positioned well below the $485,631 Fair Market Value by -2%. While the home maintains a Condition Rating of 5, its original-owner status and large corner lot provide a solid foundation for modernization. Featuring an oversized 2.5-car garage and an expansive covered patio, the home offers significant value-add potential. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through strategic cosmetic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16401 N 37TH Place Subject | $500,000* List Price | 4 | 2 | 1,776 | $273 | - |
A 17228 N 35TH Street Sold | $619,900 | 3 | 2 | 1,700 | $365 | 0.7 mi |
B 3925 E MONTE CRISTO Avenue Sold | $490,000 List Price | 3 | 2 | 1,548 | 0.4 mi | |
C 4442 E KELTON Lane Sold | $520,000 | 3 | 2 | 1,531 | $340 | 1.0 mi |
D 4060 E KAREN Drive Sold | $405,000 | 3 | 2 | 1,420 | $285 | 0.8 mi |
E 3515 E Campo Bello Drive Sold | $370,000 | 3 | 2 | 1,280 | $289 | 0.7 mi |
F 15651 N 39TH Place Active | $548,000 List Price | 3 | 2 | 1,608 | $341 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1979 (47 years old) and is being sold by the original owner with mostly original finishes. While well-maintained, the kitchen features dated oak cabinetry and laminate countertops that are nearly 50 years old, placing it in the >30-year category requiring a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8984, living area = 1776.
Ideally situated near the 51 and 101 freeways with proximity to Desert Ridge and Scottsdale shopping, this property offers the rare benefit of no HOA restrictions on a large corner lot.
The single-level floor plan features a spacious four-bedroom configuration, a massive kitchen with a center island, and dual-pane windows for improved energy efficiency in the Arizona heat.
Being an original-owner home from 1979 described as having 'great bones,' the property likely requires significant cosmetic updates and modernization to meet current market standards.
While located in a desirable district, the assigned middle school and high school have relatively low ratings (2/10 and 4/10 respectively), which may deter education-conscious families.
ORIGINAL OWNER never before on the market! Built with love and built to last. Great 4 Bedroom, 2 Bath single level home on a large corner lot in the Paradise Valley School District. Large great room with wood-burning fireplace. HUGE kitchen with center island and dining nook. Spacious primary suite with a big walk-in closet. Good size secondary bedrooms and hall bath. Great storage. Dual-pane windows. Attached, oversized 2.5-Car Garage with built-in cabinets. Large backyard with expansive covered patio, grass play areas and brick BBQ island. No HOA! Excellent location near 51 & 101 freeways, Desert Ridge, PV & Scottsdale shopping & dining. Great bones and priced to sell!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,776 | - |
| Lot Size | 8,984 | - |
| Price | $500.0K | $495.4K |
| Price per sq ft | $282 | $290 |
| Built year | 1979 | 0 |
| HOA | $0 | $0 |
| Days on market | 33 | 1260 |
Jun 20, 2026
$500,000
Initial Listing