
Phoenix, AZ 85016
This property presents a High-Potential Investment Opportunity with a List Price of $275,000—positioned well above the $220,750 Fair Market Value by -24%. While the unit features a Fair Condition Rating and requires cosmetic updates, it offers a functional layout with Dual En-Suite Bathrooms and a Private Patio. Located in the prime Biltmore area with resort-style amenities, this asset is well-suited for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a high-demand urban location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1701 E COLTER Street 147 Subject | $265,000* List Price | 2 | 2 | 790 | $275 | - |
A 4644 N 22ND Street 1137 Sold | $215,000 | 1 | 1 | 850 | $253 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003 (23 years old), the property is well-maintained but dated. The kitchen features older white appliances and cabinetry, and the bathroom retains original tile work with a 20-year-old aesthetic. While functional and move-in ready, it falls into the 'Fair' category as it exceeds the 20-year age threshold and requires cosmetic updates to meet modern standards.
The community offers a premium lifestyle package including multiple swimming pools, a comprehensive two-story fitness center, and a secure gated parking garage.
The floor plan features two bedrooms each with its own private en-suite bathroom, providing an ideal setup for roommates or guests and maximizing privacy.
Situated in the highly desirable 85016 zip code, this property offers excellent proximity to the Biltmore area's high-end shopping, dining, and central business hubs.
At just 790 square feet for a two-bedroom unit, the interior dimensions are quite small, which may result in limited storage and tight living quarters.
The assigned high school carries a rating of 4, which could be a concern for families prioritizing educational performance or long-term resale value.
Don't miss this two bedroom, two bath condo in the heart of town! Featuring multiple community pools, a two-story fitness center, and gated parking garage, this home has all of the amenities! The unit has two bedrooms with en-suite bathrooms, indoor laundry, and a patio to enjoy those Arizona evenings.
No exterior & parking available.
Grades 5-8 • 0.4 mi
Grades PK-4 • 1.3 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 790 | - |
| Lot Size | 698 | - |
| Price | $265.0K | $341.8K |
| Price per sq ft | $335 | $259 |
| Built year | 2003 | 0 |
| HOA | $252 | $0 |
| Days on market | 37 | 1211 |
Jul 6, 2026
$265,000
$275,000
-4% Price Drop
Initial Listing
Jun 16, 2026
$275,000
Initial Listing