
Phoenix, AZ 85007
This Historic Value-Add Spanish Residence is listed at $940,000, reflecting a location-based premium over its $817,932 Fair Market Value. Boasting a Condition Rating of 4, this 1946 estate is priced to accommodate a full-scale interior modernization. The property features a spacious 2,789 sqft layout, a primary suite with a fireplace, and a private pool on an expansive 10,019 sqft lot. While local school ratings are modest, the prestige of the Encanto/Palmcroft district ensures long-term asset stability. This project is ideal for Historic Home Enthusiasts or Renovation-Focused Buyers looking to build equity through restoration.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1808 N 9TH Avenue Subject | $940,000* List Price | 4 | 3 | 2,789 | $293 | - |
A 1542 W EDGEMONT Avenue Sold | $770,000 | 4 | 3 | 2,529 | $304 | 1.0 mi |
B 1520 W ENCANTO Boulevard Sold | $670,000 | 5 | 5 | 2,682 | $250 | 0.6 mi |
C 2209 N 12TH Avenue Sold | $695,000 | 3 | 2 | 1,941 | $358 | 0.3 mi |
D 1820 N 7TH Avenue Active | $840,000 List Price | 3 | 2 | 2,510 | $335 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1946 historic home appears well-maintained but is significantly dated, featuring Saltillo tile and fixtures likely from a renovation 20-30 years ago. The listing explicitly mentions it is priced to allow for remodeling, suggesting that while the home is livable, the kitchen, bathrooms, and primary systems are nearing the end of their functional life and require modernization.
Situated in the prestigious Encanto/Palmcroft historic district, this 1946 Spanish-style home offers significant prestige and long-term value in one of Phoenix's most coveted neighborhoods.
The primary bedroom serves as a luxury retreat, featuring a dedicated seating area with a fireplace, an expansive bathroom with separate tub and shower, and a large walk-in closet with built-in dressers.
The property boasts a large 10,019 sqft lot featuring a private pool, a charming brick courtyard with a fountain, and a covered patio with a natural gas connection for outdoor entertaining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10019, other record lot size in square feet = 10159.
The property is being sold for an estate and is priced specifically to allow for remodeling, indicating that significant updates and additional investment are likely needed to modernize the interior.
The assigned public schools, Kenilworth Elementary and Central High, have relatively low ratings (4 and 3 respectively), which may be a consideration for families prioritizing high-performing educational districts.
Outstanding opportunity in the heart of the historic Encanto/Palmcroft neighborhood. Enter through a charming brick courtyard with a fountain. This 1946 Spanish home features 3 or 4 bedrooms, 3 full baths, large formal living and dining rooms and an eat-in kitchen. The primary bedroom features a seating area with a fireplace, an expansive bath with separate tub and shower and walk in closet with built-in Dressers. The backyard has a covered patio with a natural gas connection for a BBQ, and private pool. Property is being sold for an estate and has been priced to allow for remodeling.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 83% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 2,789 | 1,544 | 89% |
| Lot Size | 10,019 | 7,366 | 80% |
| Price | $940.0K | $487.0K | 85% |
| Price per sq ft | $337 | $337 | 50% |
| Built year | 1946 | 1935 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 1457 | 1% |
Apr 24, 2026
$940,000
Initial Listing