
Surprise, AZ 85387
This Prime Investment Opportunity is listed at a List Price of $359,000, positioned well below the $366,971 Fair Market Value by 2%. This valuation gap provides $7,971 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home offers a bright open floor plan and a private covered patio with pergola. While the interior reflects a dated aesthetic, it remains a move-in ready residence, ideal for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16429 W PEPPERTREE Court Subject | $359,000* List Price | 2 | 2 | 1,282 | $286 | - |
A 16439 W CENTURY PLANT Drive Sold | $402,000 | 2 | 2 | 1,500 | $268 | 0.2 mi |
B 16301 W KEARNEY Lane Sold | $309,100 List Price | 3 | 2 | 1,427 | 0.5 mi | |
C 16301 W KEARNEY Lane Sold | $418,000 List Price | 3 | 2 | 1,427 | 0.5 mi | |
D 21563 N CASA ROYALE Drive Pending | $325,000 List Price | 2 | 2 | 1,262 | $258 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003 (21 years old), the property falls into the fair category based on age. While the home is exceptionally well-maintained and features updated stainless steel appliances and plantation shutters, the kitchen cabinetry and countertops appear original to the build date, reflecting a dated aesthetic that typically requires cosmetic updates.
The property features a private covered patio with an extended pergola, providing an ideal space for year-round outdoor entertaining and relaxation in the Arizona climate.
With plantation shutters, stainless steel appliances, and a bright open floor plan, the home is beautifully maintained and offers modern aesthetic appeal.
Designed for easy living, the 1,282 sqft layout and manageable lot size are perfect for buyers seeking a lock-and-leave residence in a premier active adult community.
At 1,282 square feet, the interior space may feel restrictive for buyers requiring a dedicated home office, hobby room, or additional storage.
The annual association fee of $1,976 represents a notable recurring expense that may impact the overall affordability for budget-conscious buyers.
Beautifully maintained 2-bedroom, 2-bath home offering comfortable, low-maintenance living. The bright, open floor plan features a spacious living room, plantation shutters, and abundant natural light. The kitchen includes stainless steel appliances, ample cabinetry, and generous counter space. Relax year-round on the private covered patio with an extended pergola, perfect for outdoor entertaining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,282 | - |
| Lot Size | 6,926 | - |
| Price | $359.0K | $421.2K |
| Price per sq ft | $280 | $228 |
| Built year | 2003 | 0 |
| HOA | $1976 | $0 |
| Days on market | 6 | 2433 |
Jul 16, 2026
$359,000
Initial Listing