16429 S 33RD Street, Phoenix, AZ 85048, Phoenix, 85048 - 3 bed, 3 bath
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Phoenix, AZ 85048
This Upgraded Single-Family Residence is a High-Potential Investment Opportunity, listed at $599,900—positioned well below the $676,271 Fair Market Value by 11%. This valuation gap secures $76,371 in Instant Equity. Boasting a Good Condition Rating, the home features granite countertops, bamboo flooring, and a private pool with a new motor. Located in the premier Lakewood community near the 9/10 rated Kyrene de los Lagos Elementary, it balances immediate lifestyle luxury with significant financial upside. This is an elite acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16429 S 33RD Street Subject | $599,900* List Price | 3 | 3 | 2,176 | $311 | - |
A 2822 E Muirwood Drive Sold | $640,000 | 4 | 3 | 2,347 | $273 | 0.7 mi |
B 3221 E BRIARWOOD Terrace Sold | $470,000 | 2 | 2 | 1,625 | $289 | 0.1 mi |
C 3242 E BRIARWOOD Terrace Sold | $450,000 | 2 | 2 | 1,625 | $277 | 0.0 mi |
D 16811 S 37TH Place Sold | $600,000 List Price | 3 | 2 | 2,162 | 0.6 mi | |
E 15638 S 31ST Street Sold | $439,900 List Price | 3 | 2 | 1,736 | 0.6 mi | |
F 3547 E WINDMERE Drive Sold | $555,000 | 3 | 3 | 2,029 | $274 | 0.6 mi |
G 3234 E ASHURST Drive Active | $499,000 List Price | 3 | 3 | 2,205 | $226 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1990-built home is in move-in ready condition due to extensive high-quality updates and meticulous maintenance. The property features a modern primary bathroom with a jetted tub and a custom walk-in shower, granite countertops in the kitchen and bathrooms, and upgraded flooring consisting of tile and bamboo with no carpet. Recent capital improvements, including roof underlayment replacement and annual HVAC servicing, along with fresh interior paint, align the property with the 'Good' category despite its chronological age.
Elementary School: Kyrene de los Lagos School (9/10).
The home features high-quality finishes including granite countertops, stainless steel appliances, and bamboo flooring throughout the upper level, offering a move-in-ready 'model home' aesthetic.
With no carpet throughout the interior and the HOA responsible for front yard maintenance, this property is ideal for buyers seeking a convenient, low-effort living experience.
At 4,961 square feet, the lot is relatively small for a single-family residence with a pool, which may limit private outdoor recreational space.
While well-maintained with a new roof underlayment, the 1990 construction year suggests that some original mechanical or plumbing systems may be approaching the end of their typical functional lifespan.
THIS INVITING PROPERTY OFFERS COMFORTABLE LIVING SPACE, PRIDE OF OWNERSHIP IN THIS UPGRADED HOME IN BEAUTIFUL LAKEWOOD COMMUNITY! FRESHLY PAINTED, MODEL HOME READY FOR NEW BUYERS! HOME FEATURES KITCHEN UPGRADES WITH GRANITE COUNTERS, NEW COMPOSITE SINK, GARBAGE DISPOSAL AND FIXTURE. STAINLESS STEEL APPLIANCES, TILE THROUGHOUT LOWER LEVEL, BAMBOO WOOD FLOORING ALL UPSTAIRS. NO CARPET IN HOME! OVERSIZED PRIMARY BD, BATH FEATURES DOUBLE SHOWER HEADS, GLASS TILES, JETTA 2-PERSON JETTED TUB. HOME HAS FULL BATH DOWNSTAIRS AND THE TWO UP. HOME HAS BEEN MAINTAINED, NEW POOL MOTOR, POOL FENCE ALUMA WOOD ALUMINUM PATIO COVER, NEW ROOF UNDERLAYMENT AND TILES THAT NEEDED REPLACED, A/C SERVICES ANNUALLY. NUMEROUS UPGRADES TO MENTION. HOA MAINTAINS THE FRONT YARD, COMMON AREAS, COMMUNITY POOL. MUST SHOW
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,176 | 2,167 | 50% |
| Lot Size | 4,961 | 6,970 | 16% |
| Price | $599.9K | $446.0K | 71% |
| Price per sq ft | $276 | $218 | 68% |
| Built year | 1990 | 1992 | 35% |
| HOA | $127 | $200 | 20% |
| Days on market | 41 | 1686 | 0% |
Mar 12, 2026
$599,900
Initial Listing