16451 N 47TH Place, Phoenix, AZ 85032, Phoenix, 85032 - 3 bed, 2 bath
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Phoenix, AZ 85032
This Spacious Move-In Ready Residence is a High-Potential Investment Opportunity, listed at $599,000—positioned well below the $619,592 Fair Market Value by 3%. This valuation gap secures $20,592 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the interior features a Granite Kitchen and over 2,000 sqft of living space. The Large 10,083 SqFt Lot includes RV Parking and No HOA restrictions. Located in the Paradise Valley Unified School District near Kierland Commons, this home is ideal for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16451 N 47TH Place Subject | $550,000* List Price | 3 | 2 | 2,001 | $299 | - |
A 4635 E KINGS Avenue Sold | $575,000 | 3 | 2 | 2,195 | $262 | 0.2 mi |
B 4444 E DANBURY Road Sold | $695,000 | 3 | 2 | 2,024 | $343 | 0.6 mi |
C 4635 E KINGS Avenue Sold | $575,000 | 3 | 2 | 2,195 | $262 | 0.2 mi |
D 15831 N 47TH Place Sold | $680,000 | 4 | 2 | 2,032 | $335 | 0.5 mi |
E 15831 N 47TH Place Sold | $680,000 | 4 | 2 | 2,042 | $333 | 0.5 mi |
F 4414 E DANBURY Road Sold | $414,900 List Price | 3 | 2 | 2,024 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1987 but features a renovated kitchen with granite countertops and stainless steel appliances (approx. 10-15 years old). The home is move-in ready with updated tile and laminate flooring throughout and appears well-maintained, fitting the criteria for a functional property with mid-range renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10083, living area = 2001.
Ideally situated near Kierland Commons and Desert Ridge within the highly sought-after Paradise Valley Unified School District, offering Scottsdale-adjacent convenience at a Phoenix price point.
The absence of an HOA combined with a large 10,000+ sqft lot and dedicated RV gate/parking provides rare freedom and utility for homeowners with recreational vehicles or specific storage needs.
While the lot size is a benefit, the exterior is described as a space to add 'dream landscaping,' suggesting the current yard may require significant work or budget to reach its full potential.
At 2,001 square feet, a three-bedroom configuration may be seen as a limitation for buyers who expect a fourth bedroom or a dedicated home office in a property of this size.
PRICE IMPROVED! Move-in ready North Phoenix home with NO HOA in an unbeatable location! This 3 bed/2 bath property offers over 2000 sq ft on a large lot with RV gate and RV parking, a rare find in this area. Inside, you'll find tile flooring, a cozy fireplace, and spacious living areas that feel open and inviting. The kitchen features granite countertops and a peninsula for casual meals. Outside, mature trees offer plenty of shade with ample space to add your dream landscaping. Ideally situated within the highly sought-after Paradise Valley Unified School District, this home is just minutes from the premier shopping and dining destinations of Kierland Commons and Desert Ridge. Enjoy Scottsdale-adjacent living with unmatched convenience and lifestyle appeal without the associated price tag.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,001 | - |
| Lot Size | 10,083 | - |
| Price | $550.0K | $495.4K |
| Price per sq ft | $275 | $290 |
| Built year | 1987 | 0 |
| HOA | $0 | $0 |
| Days on market | 98 | 1260 |
May 21, 2026
$550,000
$575,000
-4% Price Drop
Initial Listing
May 3, 2026
$575,000
$599,000
-4% Price Drop
Initial Listing
Apr 16, 2026
$599,000
Initial Listing