16806 S 37TH Way, Phoenix, AZ 85048, Phoenix, 85048 - 3 bed, 3 bath
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Phoenix, AZ 85048
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $599,000—positioned well below the $603,652 Fair Market Value by 0.77%. This valuation gap offers $4,652 in Instant Equity. Featuring a Condition Rating of 3, the home boasts a Granite Kitchen and a remodeled primary suite. Located in a district with Top-Rated Schools like Kyrene de los Lagos, this property is an ideal choice for Owner-Occupants or first-time buyers seeking a polished, lifestyle-focused home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16806 S 37TH Way Subject | $589,000* List Price | 3 | 3 | 2,469 | $246 | - |
A 3433 E CEDARWOOD Lane Sold | $565,000 | 3 | 2 | 1,984 | $285 | 0.4 mi |
B 16847 S 29TH Way Sold | $565,000 | 4 | 3 | 2,272 | $249 | 1.0 mi |
C 16614 S 38TH Way Sold | $629,000 List Price | 3 | 3 | 2,251 | 0.2 mi | |
D 16025 S 43RD Place Sold | $605,000 | 4 | 3 | 2,226 | $272 | 0.8 mi |
E 3612 E WOODLAND Drive Sold | $600,000 List Price | 3 | 3 | 2,923 | 0.6 mi | |
F 16811 S 37TH Place Sold | $600,000 List Price | 3 | 2 | 2,162 | 0.0 mi | |
G 16619 S 35th Street Sold | $679,999 List Price | 4 | 2 | 2,372 | 0.3 mi | |
H 3748 E TANGLEWOOD Drive Sold | $633,000 | 4 | 3 | 2,209 | $287 | 0.4 mi |
I 3533 E SALTSAGE Drive Active Under Contract | $660,000 List Price | 3 | 3 | 2,561 | $258 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1986, the property has undergone significant modern renovations including wood-look tile flooring, a kitchen with granite countertops and stainless steel appliances, and a fully remodeled primary bathroom with a freestanding tub. The home is move-in ready and well-maintained, consistent with a 5-15 year renovation cycle.
Elementary School: Kyrene de los Lagos School (9/10).
The primary bathroom has been elegantly remodeled with dual sinks, designer tile, a freestanding soaking tub, and a custom walk-in closet, offering a luxury retreat.
The property is zoned for highly-regarded schools, including Kyrene de los Lagos (Rating 9) and Desert Vista High, making it an ideal choice for families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Despite the generous 2,469 square footage, the home only offers three bedrooms, which may not meet the needs of larger families or those requiring multiple guest rooms.
Built in 1986, the property may require ongoing maintenance or future updates to older structural components and systems not addressed in the recent cosmetic renovations.
Welcome to this beautifully maintained 3 bedroom, 2.5-bath home in Lakewood offering a spacious layout, soaring ceilings, and tasteful updates throughout. Step inside to find wood-look tile flooring, abundant natural light, and an open-concept design that creates a warm and inviting atmosphere. The kitchen features granite countertops, white cabinetry, stainless steel appliances, a breakfast bar, and ample storage, opening seamlessly to the dining area and family room with a cozy fireplace. The flexible floor plan provides plenty of space for everyday living, entertaining, or working from home. Upstairs, the primary suite offers a beautifully remodeled bathroom with dual sinks, designer tile flooring, a freestanding soaking tub, and a custom walk-in closet system. Additional bedrooms provide generous space for family, guests, or hobbies. Outside, the oversized backyard offers endless possibilities to create your dream outdoor retreat with plenty of room for a pool, play area, garden, or entertaining space. The covered patio provides a great place to relax and enjoy Arizona's beautiful weather. Conveniently located near shopping, dining, parks, schools, and major freeway access, this move-in-ready home combines comfort, style, and opportunity.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,469 | - |
| Lot Size | 7,800 | - |
| Price | $589.0K | $495.4K |
| Price per sq ft | $239 | $290 |
| Built year | 1986 | 0 |
| HOA | $228 | $0 |
| Days on market | 47 | 1260 |
Jul 16, 2026
$589,000
$599,000
-2% Price Drop
Initial Listing
Jun 5, 2026
$599,000
Initial Listing