18227 N 49TH Parkway, Glendale, AZ 85308, Glendale, 85308 - 3 bed, 2 bath
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Glendale, AZ 85308
This property presents a High-Potential Investment Opportunity with a List Price of $384,000, positioned above the $362,715 Fair Market Value. While the home requires cosmetic updates to its Fair Condition Rating, the recent installation of a New Roof (2024) mitigates major capital expenditure. Located in the Deer Valley School District near Midwestern University, the home offers strong rental appeal for medical professionals. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime Glendale location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18227 N 49TH Parkway Subject | $374,000* List Price | 3 | 2 | 1,308 | $275 | - |
A 4918 W BEHREND Drive Sold | $350,000 | 2 | 2 | 1,091 | $321 | 1.0 mi |
B 4831 W TOPEKA Drive Active | $400,000 List Price | 3 | 2 | 1,264 | $316 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1997 (27+ years old) and features original interior finishes, including dated oak cabinetry and 90s-style bathroom fixtures. While it boasts a brand-new roof (2024) and appears well-maintained, the interior requires cosmetic updates to meet modern standards, fitting the 'Fair' criteria for homes over 20 years old with dated elements.
The installation of a brand-new roof in December 2024 provides significant value and peace of mind, reducing immediate maintenance concerns and potential insurance costs for the buyer.
The property is ideally positioned near major employment hubs like Midwestern University and Abrazo Arrowhead Hospital, offering high appeal for medical professionals and strong rental potential.
Vaulted ceilings in the main living areas combined with dual skylights maximize natural light and create an airy, spacious feel that enhances the home's interior flow.
With a lot size of only 4,450 square feet, the outdoor space is relatively compact, which may be a drawback for buyers seeking a large private yard or extensive gardening space.
At 1,308 square feet for a three-bedroom home, the secondary bedrooms and storage options may feel restrictive for larger families or those requiring a dedicated home office.
Situated in the desirable Arrowhead Sunrise community, this home offers vaulted ceilings in the living room and kitchen adding space and abundant natural light. Tile flooring throughout main living areas and carpeted bedrooms provides ease and comfort. Five ceiling fans and skylights in both bathrooms enhance comfort and brightness. Enjoy resort-style amenities at the community pool across the street. Prime location near Midwestern University, Abrazo Arrowhead Hospital, Arrowhead Towne Center, and Loop 101. Located in the Deer Valley School District. New Roof installed in December 2024. Reverse osmosois water filtration system included.
No exterior & parking available.
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 | 1,308 | 1,919 | 10% |
| Lot Size | 4,450 | 7,188 | 10% |
| Price | $374.0K | $350.0K | 53% |
| Price per sq ft | $286 | $214 | 79% |
| Built year | 1997 | 1994 | 68% |
| HOA | $100 | $111 | 46% |
| Days on market | 35 | 2734 | 1% |
Jun 5, 2026
$374,000
$384,000
-3% Price Drop
Initial Listing
May 11, 2026
$384,000
Initial Listing