
Phoenix, AZ 85015
This Modernized Central Phoenix Residence is a Prime Investment Opportunity, listed at $670,000—positioned well below the $967,961 Fair Market Value by 30%. This significant valuation gap provides $297,961 in Instant Equity. Boasting an Excellent Condition Rating, the property features a renovated kitchen, private pool, and a detached casita offering exceptional rental or multi-generational potential. Located near highly-rated middle schools with no HOA, this home balances lifestyle luxury with massive financial upside. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1721 W WELDON Avenue Subject | $670,000* List Price | 4 | 2 | 2,270 | $426 | - |
A 1802 W INDIANOLA Avenue Sold | $624,900 List Price | 4 | 3 | 1,960 | 0.2 mi | |
B 1735 W Mitchell Drive Sold | $595,000 | 3 | 2 | 1,949 | $305 | 0.1 mi |
C 4307 N 15th Drive Sold | $550,000 | 4 | 2 | 1,652 | $333 | 0.7 mi |
D 3318 N 17TH Drive Sold | $630,000 | 4 | 2 | 2,113 | $298 | 0.3 mi |
E 1731 W Heatherbrae Drive Sold | $575,000 List Price | 6 | 3 | 2,296 | 0.5 mi | |
F 1702 W MONTEROSA Street Sold | $650,000 | 4 | 4 | 2,532 | $257 | 0.4 mi |
G 1607 W WHITTON Avenue Active | $749,500 List Price | 4 | 3 | 2,445 | $307 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that align with modern quality standards. The kitchen is fully updated with white shaker cabinetry, stone countertops, a farmhouse sink, and stainless steel appliances. Additional high-quality features include new Simonton windows, updated LVP and refinished hardwood flooring, modern light fixtures/ceiling fans, and a well-maintained exterior with a detached casita and private pool.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9243, living area = 2270.
The property includes a detached casita, offering exceptional flexibility for multi-generational living, a private home office, or potential rental income in a high-demand central location.
The home features a beautifully updated kitchen with an open-concept flow, a stone gas fireplace, and new high-quality Simonton windows that blend modern comfort with the home's original charm.
Originally built in 1946, the property may require more frequent maintenance or future upgrades to aging systems typical of mid-century homes despite the cosmetic renovations.
While the middle schools are well-rated, the local high school and primary school carry lower ratings, which may be a consideration for education-focused families.
Rare opportunity in the desirable Encanto District! This beautifully updated 4 bed, 2 bath home w/ detached casita & private pool sits on a spacious lot w/ no HOA, offering flexibility, charm, & investment potential in the heart of central Phoenix. The main home features 4 bedrooms & 2 baths, an open-concept living space, & a beautiful updated kitchen that anchors the home & flows into an oversized family room. A stunning stone gas fireplace creates a warm focal point, while large new Simonton windows fill the space w/ natural light & views of the backyard. Step outside to a true Arizona backyard retreat. The sparkling pool sits btwn the main home & detached casita, creating a resort-style setting. The yard features a Saltillo patio, covered outdoor living space, & plenty of room for all
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades PK-8 • 0.5 mi
Grades 7-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,270 | 1,474.5 | 91% |
| Lot Size | 9,243 | 7,693 | 78% |
| Price | $670.0K | $370.0K | 95% |
| Price per sq ft | $295 | $264 | 61% |
| Built year | 1946 | 1951 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 994 | 1% |
Mar 5, 2026
$670,000
Initial Listing