16612 N 28TH Way, Phoenix, AZ 85032, Phoenix, 85032 - 3 bed, 2 bath
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Phoenix, AZ 85032
This Single Family Residence is a Strong Value Opportunity, listed at $450,000—positioned well below the $425,610 Fair Market Value by -5%. While the list price exceeds the current estimation, the property offers significant utility through its large lot size, RV gate, and 8-foot garage door. Featuring a Condition Rating of 3, the home is move-in ready with modern kitchen finishes. Despite lower-rated local schools, the $0 HOA fee provides long-term financial flexibility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, well-maintained home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16612 N 28TH Way Subject | $450,000* List Price | 3 | 2 | 1,379 | $309 | - |
A 16243 N 27TH Street Sold | $360,000 List Price | 3 | 2 | 1,488 | 0.3 mi | |
B 16243 N 27TH Street Sold | $399,900 List Price | 3 | 2 | 1,488 | 0.3 mi | |
C 16646 N 35TH Street Sold | $470,000 | 3 | 2 | 1,322 | $356 | 0.8 mi |
D 2626 E LIBBY Street Sold | $389,000 | 3 | 2 | 1,344 | $289 | 0.8 mi |
E 15232 N 26TH Street Sold | $380,000 | 3 | 2 | 1,162 | $327 | 0.9 mi |
F 2922 E LE MARCHE Avenue Active | $375,000 List Price | 3 | 2 | 1,344 | $279 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (17 years old), the property falls within the 10-20 year age bracket. It is well-maintained and move-in ready, featuring a kitchen with granite countertops, a modern tile backsplash, and newer stainless steel appliances. The interior shows consistent maintenance with updated fixtures and functional living spaces.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7128, living area = 1379.
The property is highly functional for outdoor enthusiasts, featuring an oversized backyard with an RV gate, dedicated RV parking, and a taller 8-foot garage door.
With an association fee of $0, this home offers significant monthly savings and greater freedom for property modifications compared to neighboring communities.
The assigned public schools have ratings ranging from 2 to 4, which may be a deterrent for families and could impact long-term appreciation.
At 1,379 square feet, the home has a relatively compact footprint for a three-bedroom residence, which may feel restrictive for larger families or those seeking spacious common areas.
Beautifully maintained home with great curb appeal and a stamped driveway. Bright and spacious kitchen featuring newer appliances, breakfast nook and plenty of cabinet space. The open great room offers a warm and inviting layout perfect for everyday living and entertaining. The primary suite includes a walk-in closet, and the oversized backyard features a covered patio, RV gate, and RV parking. Additional highlights include a 8-foot garage door and a functional floor plan. Conveniently located near the Loop 101 and SR-51 freeways, shopping, dining, and nearby community colleges.
No exterior & parking available.
Grades PK-3 • 0.4 mi
Grades 4-6 • 0.5 mi
Grades 7-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,379 | - |
| Lot Size | 7,128 | - |
| Price | $450.0K | $495.4K |
| Price per sq ft | $326 | $290 |
| Built year | 2007 | 0 |
| HOA | $0 | $0 |
| Days on market | 75 | 1260 |
May 9, 2026
$450,000
Initial Listing