
Phoenix, AZ 85016
This Fully Remodeled Biltmore/Arcadia Lite Residence is a Strong Value Opportunity, listed at $599,900—positioned well below the $619,994 Fair Market Value by 3%. This valuation gap provides $20,094 in Instant Equity for a home boasting an elite Condition Rating of 2. Featuring a modern granite kitchen, wood-look tile, and a rare primary walk-in closet, the property sits on an expansive 8,838 sqft irrigated lot within the Madison School District. It is a perfect match for Owner-Occupants or Lifestyle-Focused Buyers seeking turnkey luxury in a high-demand corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1802 E MISSOURI Avenue Subject | $599,900* List Price | 3 | 2 | 1,558 | $385 | - |
A 1817 E LUKE Avenue Sold | $509,900 List Price | 3 | 2 | 1,460 | 0.1 mi | |
B 1641 E PALO VERDE Drive Sold | $675,000 List Price | 3 | 2 | 1,613 | 0.4 mi | |
C 1620 E RANCHO Drive Sold | $500,000 | 3 | 2 | 1,125 | $444 | 0.4 mi |
D 1909 E BETHANY HOME Road Sold | $677,500 | 3 | 2 | 1,677 | $404 | 0.5 mi |
E 1909 E BETHANY HOME Road Sold | $677,500 | 3 | 2 | 1,677 | $404 | 0.5 mi |
F 1825 E MEDLOCK Drive Sold | $620,000 | 3 | 2 | 1,680 | $369 | 0.4 mi |
G 1815 E OREGON Avenue Sold | $510,000 List Price | 3 | 2 | 1,831 | 0.2 mi | |
H 1807 E SAN MIGUEL Avenue Active Under Contract | $610,000 List Price | 3 | 2 | 1,269 | $481 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1952, the property has undergone a full modern remodel within the last 5 years. It features a contemporary kitchen with granite countertops and stainless appliances, updated bathrooms with stone surrounds, wood-look tile flooring, and updated systems like dual-pane windows and insulation, placing it in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8838, living area = 1558.
Situated in the prestigious Biltmore/Arcadia Lite corridor surrounded by multi-million dollar homes, this property offers exceptional entry-level value and high appreciation potential for the area.
The interior is fully remodeled with contemporary finishes, including wood-look tile, granite counters, and a rare primary walk-in closet, providing move-in-ready comfort in a historic neighborhood.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1558, other record living area = 1480.
The assigned public schools for this address have ratings ranging from 4 to 6, which may be a consideration for families prioritizing top-tier educational performance.
Despite the extensive cosmetic remodel, the 1952 build date suggests the property may have inherent age-related structural or utility limitations compared to newer constructions.
Exceptional opportunity in Phoenix. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades 5-8 • 0.2 mi
Grades PK-4 • 1.1 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,558 | - |
| Lot Size | 8,838 | - |
| Price | $599.9K | $495.4K |
| Price per sq ft | $385 | $290 |
| Built year | 1952 | 0 |
| HOA | $0 | $0 |
| Days on market | 92 | 1260 |
Jul 22, 2026
$599,900
$589,900
+2% Price Increase
Initial Listing
May 29, 2026
$589,900
$594,900
-1% Price Drop
Initial Listing
May 15, 2026
$594,900
$599,900
-1% Price Drop
Initial Listing
Apr 22, 2026
$599,900
Initial Listing