
Phoenix, AZ 85032
This Modernized Single-Family Residence is a High-Potential Investment Opportunity, listed at $499,900—positioned well below the $559,327 Fair Market Value by 10%. This valuation gap provides $59,427 in Instant Equity. Boasting a Condition Rating of 3, the home features a 2019 Roof and HVAC, a renovated kitchen, and a private patio. Located in the Paradise Valley School District near Desert Ridge, it balances financial upside with a turnkey lifestyle. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18415 N 46TH Street Subject | $499,900* List Price | 4 | 3 | 1,748 | $320 | - |
A 4437 E VILLA THERESA Drive Sold | $498,000 | 4 | 3 | 1,748 | $285 | 0.1 mi |
B 4437 E VILLA THERESA Drive Sold | $498,000 | 4 | 3 | 1,748 | $285 | 0.1 mi |
C 17433 N 46TH Place Sold | $550,000 | 3 | 3 | 1,605 | $343 | 0.6 mi |
D 17433 N 46TH Place Sold | $550,000 | 3 | 3 | 1,605 | $343 | 0.6 mi |
E 17433 N 46TH Place Sold | $550,000 | 3 | 3 | 1,605 | $343 | 0.6 mi |
F 4036 E ANGELA Drive Sold | $575,000 | 4 | 2 | 1,746 | $329 | 0.8 mi |
G 4626 E CHARLESTON Avenue Pending | $485,000 List Price | 3 | 2 | 1,488 | $326 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant updates to major systems, including a new roof and HVAC system installed in 2019. The interior has been modernized with wood-plank style tile flooring, a contemporary kitchen with white cabinetry and stainless steel appliances, and fully renovated bathrooms featuring custom tile work and updated fixtures. While the home was built in 1989, these extensive renovations and the well-maintained condition of the property align with the 'good' category.
The property features a newer roof and HVAC system both replaced in 2019, offering significant value and reducing immediate capital expenditure for the buyer.
The home boasts extensive contemporary updates, including a fully remodeled kitchen with white cabinetry, wood-plank style tile flooring, and high-end renovated bathrooms.
Situated in the highly desirable Paradise Valley School District with convenient access to the 101 and 51 freeways and the Desert Ridge shopping and dining hub.
The 3,872 square foot lot is relatively compact for a single-family residence, which may limit outdoor recreational space and privacy compared to neighboring properties.
With four bedrooms and three bathrooms packed into 1,748 square feet, some living areas and bedrooms may feel small or cramped for larger families.
Imagine a contemporary style home in a prime location at an unbelievable price...Your imagination comes to life with this one at an amazing price! Key items updated, including the roof and HVAC in 2019. Located in the HIGHLY DESIRABLE Paradise Valley School District. Enjoy the open kitchen featuring gorgeous white cabinetry, stainless steel appliances, a great island for extra workspace, and the perfect window to enjoy the backyard. Separate Dining Room w/modern light fixture and space to gather for meals and enjoyment. The spacious Living and Family Rooms are separated by a 2-way fireplace and feature soaring vaulted ceilings w/an abundance of natural light. The main floor has many modern features with updated ceiling fans, contemporary finishes and wood plank style tile flooring. and a fully renovated ensuite Bathroom complete with dual sinks, updated mirrors, flooring, vanities, and a beautiful custom tile shower with modern finishes. The additional Guest Bathrooms are equally impressive; the upstairs features dual sinks, stylishly updated fixtures and a shower/tub combo. The Powder Room features updated vanity, mirror, lighting and plumbing fixtures. Outside, the private backyard is a low-maintenance oasis with lush turf, and the two-car garage provides ample built-in storage. Situated in a prime location with easy access to both the 101 and 51 freeways, this home is just minutes from the premier shopping, dining, and entertainment at Desert Ridge.
No exterior & parking available.
Grades K-6 • 1.6 mi
Grades 7-8 • 2.4 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 3.0 | 2.0 | 77% |
| Square foot | 1,748 | 1,713 | 53% |
| Lot Size | 3,872 | 7,732 | 4% |
| Price | $499.9K | $450.0K | 61% |
| Price per sq ft | $286 | $288 | 49% |
| Built year | 1989 | 1979 | 72% |
| HOA | $46 | $0 | 80% |
| Days on market | 10 | 1450 | 0% |
Apr 15, 2026
$499,900
Initial Listing