16940 N BRIARWOOD Drive, Surprise, AZ 85378, Surprise, 85378 - 2 bed, 2 bath
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Surprise, AZ 85378
This Detached Single-Family Investment Asset is listed at $230,280, representing a stable acquisition at its $230,280 Fair Market Value. Currently holding a Condition Rating of 4 (Fair), the property is a strictly cash-only purchase with no inspection contingencies, reflecting its status as a value-add project with significant upside. The compact 883 square foot layout and exceptionally low $57 HOA fee minimize carrying costs during modernization. Located near Valley Vista High, this property is a prime target for Fix-and-Flip Investors or Buy-and-Hold Investors seeking a high-yield entry in the Surprise market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16940 N BRIARWOOD Drive Subject | $199,980* List Price | 2 | 2 | 883 | $226 | - |
A 16724 N 113TH Lane Sold | $215,000 List Price | 3 | 2 | 1,130 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this 24-year-old property falls into the 'fair' category as it likely features original systems and finishes that have reached the end of their functional lifespan. The 'cash only' requirement and 'no inspection' contingency are significant indicators of deferred maintenance or an 'as-is' condition that prevents traditional financing. While the exterior appears intact, the lack of interior photos and restrictive sale terms suggest the home is aged and requires updates to meet modern standards.
Priced at approximately $230,000, this property represents a highly accessible entry point for the Surprise, AZ market, offering significant value for a detached single-family residence.
With a modest HOA fee of only $57 per month and a manageable 0.12-acre lot, the ongoing maintenance and ownership expenses are exceptionally low.
The absence of a buyer premium simplifies the transaction, allowing for a more straightforward financial evaluation of the investment without hidden administrative costs.
The requirement for a cash-only purchase with no inspection or financing contingencies significantly limits the buyer pool and increases the risk profile for the purchaser.
At just 883 square feet, the interior living space is quite compact for a two-bedroom home, which may restrict its appeal to smaller households or specific tenant demographics.
This Ranch style single family home offers 2 bedrooms and 2 bathrooms with approximately 883 square feet of living space on a 0.12 acre lot. There are no inspection or financing contingencies on this cash only purchase. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The data presented in this listing is deemed reliable but not guaranteed. This information should be used for informational use only and does not constitute a legal document for the description of this property. Buyer or Buyer's Agent to verify all facts, figures, schools, dimensions, Sq Ft, permits, HOA fees etc. that is of material importance to Buyer.
No exterior & parking available.
Grades PK-8 • 1.5 mi
Grades 9-12 • 4.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 883 | 1,368 | 10% |
| Lot Size | 5,229 | 5,840 | 45% |
| Price | $200.0K | $300.0K | 41% |
| Price per sq ft | $226 | $220 | 52% |
| Built year | 2000 | 1999 | 55% |
| HOA | $57 | $57 | 50% |
| Days on market | 49 | 2240 | 3% |
Apr 18, 2026
$199,980
$230,280
-13% Price Drop
Initial Listing
Mar 4, 2026
$230,280
Initial Listing