16435 N 47TH Place, Phoenix, AZ 85032, Phoenix, 85032 - 4 bed, 2 bath
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Phoenix, AZ 85032
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $725,000—positioned slightly above the $721,401 Fair Market Value. While priced at market, the property offers significant long-term stability due to its 10,419 sqft Oversized Lot and No HOA status. Featuring a private pool and 3-car garage, the home maintains a Condition Rating of 4, providing a solid foundation for cosmetic modernization. This property is an ideal acquisition for Owner-Occupants seeking a customizable lifestyle or Buy-and-Hold Investors targeting high-demand Phoenix rentals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16435 N 47TH Place Subject | $725,000* List Price | 4 | 2 | 2,217 | $325 | - |
A 4635 E KINGS Avenue Sold | $575,000 | 3 | 2 | 2,195 | $262 | 0.2 mi |
B 4414 E Le Marche Avenue Sold | $830,000 | 3 | 2 | 2,017 | $412 | 0.5 mi |
C 4537 E LE MARCHE Avenue Sold | $715,000 List Price | 4 | 2 | 2,657 | 0.4 mi | |
D 4651 E BEVERLY Lane Sold | $775,000 List Price | 5 | 3 | 2,490 | 0.2 mi | |
E 4432 E ANDERSON Drive Sold | $575,000 | 4 | 3 | 2,245 | $256 | 0.6 mi |
F 4444 E DANBURY Road Sold | $695,000 | 3 | 2 | 2,024 | $343 | 0.6 mi |
G 4335 E BETTY ELYSE Lane Sold | $660,000 | 3 | 2 | 1,716 | $385 | 0.8 mi |
H 16451 N 47TH Place Active | $550,000 List Price | 3 | 2 | 2,001 | $275 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (32 years old), the home is well-maintained but features original 90s-era finishes. The kitchen and bathrooms contain dated oak cabinetry, laminate countertops, and carpeted vanity areas which, while functional, require modernization and updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10419, living area = 2217.
The property sits on a generous 10,419 sqft lot with no HOA restrictions, offering homeowners rare flexibility and significant outdoor space for recreation or storage.
Located minutes from the reimagined PV Mall and major freeways, this home offers excellent proximity to high-end shopping, dining, and the Scottsdale/Desert Ridge corridors.
With four bedrooms but only two bathrooms, the home may present a functional challenge for larger families or households that host frequent guests.
As a 1992 build, the property may soon require investments in major infrastructure components, such as the roof or HVAC, depending on the age of current installations.
Tucked into the desirable Roadrunner Estates community with no HOA, this single-level home offers the space, location, and lifestyle buyers have been waiting for. Set on an oversized lot with a 3-car garage and sparkling pool, the property blends everyday comfort with thoughtful updates throughout. Inside, you'll find an open, functional layout with generous living spaces, abundant natural light, and seamless flow for both entertaining and daily living. The spacious kitchen opens to the main living areas, creating the perfect gathering space for family and friends. The split floor plan provides privacy, while the expansive backyard is ready for Arizona living with plenty of room to relax, entertain, or play. Just minutes from the reimagined PV (Paradise Valley) Mall, you'll enjoy easy access to popular restaurants, shopping, entertainment, parks, and major freeways, making commuting to Desert Ridge, Kierland, Scottsdale, and downtown Phoenix incredibly convenient. Homes in this neighborhood with no HOA, a pool, oversized lot, and this unbeatable location are rarely available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,217 | - |
| Lot Size | 10,419 | - |
| Price | $725.0K | $495.4K |
| Price per sq ft | $327 | $290 |
| Built year | 1992 | 0 |
| HOA | $0 | $0 |
| Days on market | 9 | 1260 |
Jul 14, 2026
$725,000
Initial Listing