1701 E COLTER Street 477, Phoenix, AZ 85016, Phoenix, 85016 - 2 bed, 2 bath
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Phoenix, AZ 85016
This Top-Floor Modernized Condominium is a High-Potential Investment Opportunity, listed at $315,000—positioned well below the $375,565 Fair Market Value by 16%. This valuation gap offers $60,565 in Instant Equity. Featuring a Good Condition Rating, the unit includes a brand-new AC (2026), new hot water tank (2025), and a Granite Kitchen with stainless appliances. The 4th-floor location provides Mountain Views and maximum privacy with no neighbors above. This turnkey property is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1701 E COLTER Street 477 Subject | $315,000* List Price | 2 | 2 | 935 | $402 | - |
A 1701 E COLTER Street 150 Sold | $313,500 List Price | 2 | 2 | 790 | 0.0 mi | |
B 1701 E COLTER Street 150 Sold | $245,000 List Price | 2 | 2 | 790 | 0.0 mi | |
C 1701 E Colter Street 308 Sold | $272,000 | 2 | 2 | 971 | $280 | 0.1 mi |
D 4808 N 24TH Street 530 Sold | $389,000 | 1 | 1 | 1,008 | $386 | 0.9 mi |
E 4808 N 24th Street 602 Sold | $254,900 List Price | 1 | 1 | 883 | 0.9 mi | |
F 4808 N 24TH Street 530 Sold | $389,000 | 1 | 1 | 1,008 | $386 | 0.9 mi |
G 1701 E COLTER Street 178 Active | $305,000 List Price | 2 | 2 | 999 | $305 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent mechanical upgrades, including a brand-new AC unit (2026) and a new hot water tank (2025). The interior has been updated with contemporary white kitchen cabinetry, granite countertops, and stainless steel appliances. While the building was constructed in 2003, the combination of modern finishes, laminate flooring, and well-maintained systems places it firmly in the 'Good' category.
Positioned on the 4th floor with no neighbors above and only two adjacent units, this property offers maximum privacy and quiet living, complemented by desirable mountain views.
The unit features a brand-new AC system (2026) and a new hot water tank (2025), providing significant value and peace of mind regarding high-ticket maintenance items in the Phoenix climate.
The kitchen and living areas are move-in ready, featuring contemporary white cabinetry, granite countertops, stainless steel appliances, and durable laminate and tile flooring.
The local public schools, particularly the high school with a rating of 4, may be a drawback for families prioritizing high-performing educational districts.
With 935 square feet for a two-bedroom, two-bathroom configuration, the unit may feel slightly restrictive for buyers requiring larger secondary bedrooms or extensive storage.
Beautiful 4th-floor unit has 2 bedrooms and 2 bathrooms. Unit has laminate flooring in main living areas and tile in kitchen & bathrooms. The kitchen has white contemporary kitchen cabinets, granite countertops and stainless steel appliances. Unit has a BRAND NEW AC UNit (2026), NEW HOT WATER TANK (2025), and new ceiling fan in family room. This unit is one of the best units in the complex with 2 neighbors and NO neighbors above you.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 935 | 1,185 | 17% |
| Lot Size | - | 995 | 3% |
| Price | $315.0K | $360.0K | 48% |
| Price per sq ft | $337 | $312 | 56% |
| Built year | 2003 | 1984 | 71% |
| HOA | $313 | $363 | 40% |
| Days on market | 56 | 1430 | 1% |
Mar 1, 2026
$315,000
Initial Listing