16413 N 51ST Drive, Glendale, AZ 85306, Glendale, 85306 - 3 bed, 2 bath
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Glendale, AZ 85306
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $400,000—positioned well below the $424,904 Fair Market Value by 5%. This valuation gap provides $24,904 in Instant Equity. Featuring a Private Diving Pool, Covered Patio, and a large corner lot, the home offers significant lifestyle appeal. With a Condition Rating of 4, the property is functional but allows for cosmetic updates to drive appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16413 N 51ST Drive Subject | $400,000* List Price | 3 | 2 | 1,586 | $268 | - |
A 4628 W KINGS Avenue Sold | $475,000 | 4 | 2 | 1,720 | $276 | 0.8 mi |
B 15607 N 57TH Drive Sold | $365,000 | 3 | 2 | 1,248 | $292 | 0.9 mi |
C 15402 N 56TH Avenue Pending | $375,000 List Price | 4 | 2 | 1,612 | $233 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979 (45 years old), the property is dated with original-style wood cabinetry and older finishes. While it appears well-maintained with some flooring updates, it lacks a major modern renovation within the last 15 years, fitting the criteria for a functional but dated home needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8250, living area = 1586.
The property features a fenced diving pool, a covered patio, and a lush lawn on a spacious corner lot, offering an ideal setup for Arizona's outdoor lifestyle and entertaining.
With an association fee of zero, this home provides significant monthly savings and freedom from restrictive community bylaws, which is a highly sought-after feature for many buyers.
Built in 1979, the home features older wood cabinetry and built-in appliances that may require modern updates to meet the aesthetic preferences of contemporary buyers.
The use of three different flooring materials—tile, wood, and carpet—throughout the home can create a visual disconnect and may necessitate a uniform replacement to improve flow.
Fantastic opportunity to own this charming home with POOL, sits on a prime corner lot! Offering 3 beds, 2 baths, and a 2-car garage. The interior features a neutral palette, tile & wood flooring in common areas, and soft carpet in bedrooms. Providing versatile spaces for entertaining, this gem showcases a formal living room and a combined dining & family room with a fireplace! The kitchen boasts built-in appliances and wood cabinetry. The large main bedroom includes a walk-in closet and a private bathroom for added comfort. Check out the spacious backyard, where you can relax or have a fun gathering! A covered patio, storage shed, multiple seating areas, lush lawn, and a fenced diving pool complete the picture. Close to schools, shopping, dining options, and freeways. Don't miss this gem!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,586 | 1,653 | 50% |
| Lot Size | 8,250 | 8,327 | 39% |
| Price | $400.0K | $324.5K | 68% |
| Price per sq ft | $252 | $235 | 57% |
| Built year | 1979 | 1980 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 2498 | 4% |
May 29, 2026
$400,000
Initial Listing