1818 E GROVE Street, Phoenix, AZ 85040, Phoenix, 85040 - 3 bed, 2 bath
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Phoenix, AZ 85040
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $429,000—positioned well below the $439,032 Fair Market Value by 2%. This valuation gap offers $10,032 in Instant Equity. Featuring a 2017 build date and Mint Condition Rating, the home includes modern white cabinetry, a farmhouse sink, and an extended covered patio. While school ratings are modest, the gated Santiago community offers a secure, low-maintenance lifestyle. This property is ideal for first-time buyers or Owner-Occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1818 E GROVE Street Subject | $429,000* List Price | 3 | 2 | 1,671 | $263 | - |
A 1747 E GROVE Street Sold | $449,900 | 3 | 2 | 1,671 | $269 | 0.1 mi |
B 1747 E GROVE Street Sold | $449,900 | 3 | 2 | 1,671 | $269 | 0.1 mi |
C 1747 E GROVE Street Sold | $449,900 | 3 | 2 | 1,671 | $269 | 0.1 mi |
D 1622 E CHANUTE Pass Sold | $425,000 List Price | 4 | 2 | 1,800 | 0.2 mi | |
E 5024 S 20TH Street Sold | $325,000 | 3 | 2 | 1,668 | $195 | 0.3 mi |
F 1729 E CHANUTE Pass Sold | $443,000 | 4 | 2 | 1,822 | $243 | 0.1 mi |
G 1813 E GRENADINE Road Active | $429,000 List Price | 3 | 2 | 1,671 | $257 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this 9-year-old home is in mint condition and fits the under 10-year criteria. It features modern upgrades including white cabinetry, a farmhouse sink, grey tile backsplash, and wood-look tile flooring. The systems are contemporary, and the property appears meticulously maintained with no immediate maintenance needs.
The home features high-end upgrades including wood plank tile flooring, white cabinetry with a farmhouse sink, and a large kitchen island, offering a contemporary and move-in-ready aesthetic.
Situated on a quiet interior lot within the gated Santiago community, the property provides enhanced security and excellent proximity to South Mountain, Downtown Phoenix, and Sky Harbor Airport.
The 2017-built home offers a functional great room concept with a split master suite for added privacy, making the living space feel more expansive than its listed square footage.
The assigned public schools for this address currently hold lower ratings (3/10), which may be a significant drawback for families prioritizing academic performance.
The property is subject to a $112 monthly association fee and gated community CC&Rs, which adds to the recurring cost of ownership and may limit some homeowner autonomy regarding property modifications.
1818 E Grove St, Phoenix, AZ 85040 - meticulously maintained gem that epitomizes pride of ownership in gated Santiago community, quiet interior lot just past community park/greenbelt, wood plank tile in living space & wood laminate flooring in bedrooms, great room concept makes home feel larger than listed sq ft, huge kitchen island makes for great entertaining, grey tile backsplash accents the white cabinets and farmhouse sink, large walk in pantry, Master bedroom in back of home with oversized walk in closet split from front 2 bedrooms & guest bath. South Mountain location is minutes from downtown Phoenix, Sky Harbor and restaurants. Community has greenbelt playground for the little ones if you have them. Backyard has extended covered patio and room for any potential dream projects.
No exterior & parking available.
Grades K-8 • 0.9 mi
Grades 9-12 • 1.2 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 | 1,671 | 1,387.5 | 70% |
| Lot Size | 6,325 | 5,998 | 63% |
| Price | $429.0K | $319.3K | 89% |
| Price per sq ft | $257 | $228 | 64% |
| Built year | 2017 | 2003 | 74% |
| HOA | $112 | $0 | 79% |
| Days on market | 14 | 1226 | 1% |
May 29, 2026
$429,000
Initial Listing