
Phoenix, AZ 85015
This property presents a High-Potential Investment Opportunity with a List Price of $475,000—positioned well below the $475,972 Fair Market Value by 0.2%. Featuring a Fair Condition Rating (5/10), this 2,152 sqft Red Brick Asset requires a full interior rehab to unlock its potential. The large 9,261 sqft lot provides significant upside for value-add landscaping. Located in the desirable Hoffman 2 neighborhood, this project is ideal for Fix-and-Flip Investors or Contractors seeking a substantial renovation project with immediate equity potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1720 W ROVEY Avenue Subject | $475,000* List Price | 3 | 2 | 2,152 | $221 | - |
A 5616 N 22nd Drive Sold | $380,000 | 3 | 2 | 1,500 | $253 | 0.8 mi |
B 6316 N 23rd Avenue Sold | $390,000 | 3 | 2 | 1,467 | $266 | 0.8 mi |
C 6316 N 23rd Avenue Sold | $390,000 | 3 | 2 | 1,467 | $266 | 0.8 mi |
D 2240 W BERRIDGE Lane Active | $447,500 List Price | 4 | 2 | 1,843 | $243 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 with no evidence of recent renovations. The kitchen features original-style cabinetry and dated appliances. Interior images show significant wear, including a large vertical crack in the drywall suggesting potential structural movement, acoustic tile ceilings, and wood paneling. The presence of a wall-mounted AC unit indicates the primary HVAC system may be outdated or insufficient. Requires a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9261, living area = 2152.
The home features durable and aesthetically pleasing red brick construction, a highly sought-after feature in Phoenix for its timeless appeal and thermal efficiency.
At over 2,100 square feet, this property offers significantly more interior space than the average mid-century ranch in the area, providing ample room for families.
Being a trustee sale, the property is likely sold as-is with limited disclosures, which may necessitate additional budget for unforeseen repairs or updates.
The property is not currently contracted for the neighborhood's flood irrigation service, potentially making the maintenance of the large backyard more costly.
Trustee sale in the highly desirable Hoffman 2 neighborhood near Christown Spectrum. Large 2150sqft 3-bedroom,2-bath RED BRICK home with large backyard. Neighborhood is on Flood irrigation, this house is not currently contracted for that service.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,152 | - |
| Lot Size | 9,261 | - |
| Price | $475.0K | $495.4K |
| Price per sq ft | $221 | $290 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 15 | 1260 |
Jul 8, 2026
$475,000
Initial Listing