
Phoenix, AZ 85016
This Solid Mid-Century Residence in Madison Park represents a stable acquisition with a List Price of $600,000, positioned fairly relative to its $590,125 Fair Market Value. While holding a Fair Condition Rating, the asset boasts critical Recent Major Upgrades, including a New Roof and Windows (2023) and a New HVAC System (2022). The property features a versatile Detached 225-SF Workshop, a Backyard Patio, and access to the highly-regarded Madison School District. With a dated interior and a pool requiring resurfacing, it offers significant forced-appreciation potential for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1801 E GEORGIA Avenue Subject | $589,000* List Price | 3 | 2 | 1,447 | $405 | - |
A 1825 E MEDLOCK Drive Sold | $620,000 | 3 | 2 | 1,680 | $369 | 0.2 mi |
B 1708 E SOLANO Drive Sold | $620,000 | 3 | 2 | 1,492 | $416 | 0.5 mi |
C 1817 E LUKE Avenue Sold | $509,900 List Price | 3 | 2 | 1,460 | 0.3 mi | |
D 4741 N 24TH Street N Sold | $425,000 | 3 | 2 | 1,325 | $321 | 0.9 mi |
E 1939 E SOLANO Drive Sold | $700,000 | 3 | 2 | 1,581 | $443 | 0.5 mi |
F 1816 E COLTER Street Sold | $652,000 | 3 | 2 | 1,912 | $341 | 0.1 mi |
G 1903 E PALO VERDE Drive Pending | $765,000 List Price | 3 | 2 | 1,658 | $461 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is classified as fair because while it features excellent recent major system upgrades—including a new roof and windows (2023) and a new HVAC system (2022)—the interior remains aesthetically dated. The kitchen and bathrooms show older styles, and the swimming pool is currently empty and requires resurfacing. It meets the criteria of being an aged home (built in 1953) that has been maintained but requires cosmetic modernization and minor repairs to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7288, living area = 1447.
The property features significant recent capital improvements, including a new roof and windows installed in 2023 and a new HVAC system from 2022, ensuring essential systems are modern and efficient.
Located in the sought-after Madison Park area, the home benefits from proximity to highly-regarded Madison schools, local parks, and a variety of shopping and dining options.
The swimming pool is currently empty and requires resurfacing, which represents a notable immediate renovation cost for the incoming owner.
The home is marketed as a project ready for a personal touch, indicating that the interior likely requires cosmetic updates to meet modern design standards and maximize equity.
Well-loved home in Madison Park, ready for your personal touch, with solid bones and functional floor plan. Move-in ready or primed for your personal touch. New roof and windows 2023, new HVAC 2022. Nice detached workshop of approximately 225 sf with electrical service. Great community & location, great Madison schools, parks, shopping, and dining. Build equity or take on your next project. This home offers great value! Swimming pool is empty and likely needs resurfaced.
No exterior & parking available.
Grades 5-8 • 0.3 mi
Grades PK-4 • 1.2 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,447 | 1,875 | 21% |
| Lot Size | 7,288 | 8,294 | 26% |
| Price | $589.0K | $595.0K | 48% |
| Price per sq ft | $407 | $354 | 63% |
| Built year | 1953 | 1955 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 1490 | 0% |
Apr 15, 2026
$589,000
$600,000
-2% Price Drop
Initial Listing
Mar 10, 2026
$600,000
Initial Listing