16839 S 20TH Way, Phoenix, AZ 85048, Phoenix, 85048 - 3 bed, 3 bath
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Phoenix, AZ 85048
This Spacious Foothills Residence is a Strong Value Opportunity, listed at $515,000—positioned well below the $544,284 Fair Market Value by 5%. This valuation gap provides $29,284 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the home features a 2023 AC system, mountain views, and a private pool. Located within the elite Kyrene School District with 9/10 rated schools like Kyrene Monte Vista, it offers a perfect blend of lifestyle and financial upside. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors targeting a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16839 S 20TH Way Subject | $499,000* List Price | 3 | 3 | 1,728 | $289 | - |
A 16610 S 21 Street Sold | $541,155 | 3 | 3 | 1,755 | $308 | 0.2 mi |
B 16610 S 21ST Street Sold | $541,155 | 3 | 3 | 1,755 | $308 | 0.2 mi |
C 16621 S 14TH Street Sold | $545,000 | 3 | 2 | 1,700 | $321 | 0.8 mi |
D 2018 E Glenhaven Drive Sold | $510,000 List Price | 3 | 2 | 1,500 | 0.1 mi | |
E 16621 S 14TH Street Sold | $545,000 | 3 | 2 | 1,700 | $321 | 0.8 mi |
F 16610 S 21ST Street Sold | $541,155 | 3 | 3 | 1,755 | $308 | 0.2 mi |
G 1417 E BRIARWOOD Terrace Active Under Contract | $525,000 List Price | 3 | 2 | 1,584 | $331 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its 1994 build date. It features significant recent mechanical upgrades, including a new AC system installed in 2023 and a recently replaced pool pump. The interior is updated with tile and wood-look flooring, custom wood shutters, and an open floor plan. While some areas like the laundry room show original finishes, the overall quality and recent system replacements align with the 'good' condition criteria.
Elementary School: Kyrene Monte Vista (9/10). Middle School: Kyrene Altadena Middle School (9/10).
The home features a new AC system installed in 2023 with seven years of warranty remaining and a recently replaced pool pump, significantly reducing immediate capital expenditure for the buyer.
Positioned with no neighbors directly behind and offering mountain views, the property provides a sense of seclusion and aesthetic value further enhanced by the primary bedroom's private balcony.
The 4,190 square foot lot is relatively compact for a single-family residence in this area, which may restrict outdoor space for buyers seeking a larger yard or garden.
Built in 1994, the home is entering a phase where original structural components or systems not explicitly mentioned as updated may require near-term maintenance or replacement.
Step into this stunning two-story home. Featuring an open floor plan designed for entertaining. The home flows seamlessly from the living area to the kitchen to the backyard with outdoor pavers and newer cool decking (2 years old). Primary Bedroom has a balcony overlooking the backyard. Beautiful tile and wood flooring throughout, wood shutters throughout, AC installed in 2023 with 7 years warranty left, pool pump has recently been replaced,.. All appliances included, No neighbors behind, close access to 202 highway, walking paths.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,728 | 2,195 | 21% |
| Lot Size | 4,190 | 6,998 | 4% |
| Price | $499.0K | $445.5K | 54% |
| Price per sq ft | $289 | $219 | 71% |
| Built year | 1994 | 1992 | 65% |
| HOA | $210 | $201 | 66% |
| Days on market | 109 | 1675 | 0% |
May 30, 2026
$499,000
$515,000
-3% Price Drop
Initial Listing
Feb 17, 2026
$515,000
Initial Listing