
Phoenix, AZ 85032
This Resort-Style Condominium offers an accessible entry point into a gated North Phoenix community, listed at $185,000. Positioned relative to a $159,609 Fair Market Value, the asset maintains a Fair Condition Rating with original 2005 finishes, presenting a clear value-add opportunity through cosmetic modernization. Residents benefit from a ground-floor layout, private patio, and premium amenities including a sparkling pool and fitness center. Located near major shopping hubs, this acquisition combines lifestyle convenience with consistent rental demand. It is a strategic choice for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18416 N CAVE CREEK Road 1003 Subject | $185,000* List Price | 1 | 1 | 720 | $222 | - |
A 18416 N CAVE CREEK Road 1013 Sold | $175,000 | 2 | 2 | 936 | $187 | 0.0 mi |
B 18416 N CAVE CREEK Road 3051 Sold | $193,000 | 1 | 1 | 748 | $258 | 0.1 mi |
C 18416 N CAVE CREEK Road 3068 Sold | $215,000 | 2 | 2 | 924 | $233 | 0.0 mi |
D 18416 N CAVE CREEK Road 1014 Active | $215,000 List Price | 1 | 1 | 720 | $299 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property maintains mostly original builder-grade finishes that appear dated, such as the kitchen cabinetry and laminate countertops. Notably, the bathroom vanity is missing its cabinet doors/panels, exposing the plumbing and requiring immediate minor repair. While the unit is functional, the combination of 20-year-old systems, basic carpeting, and visible deferred maintenance in the bathroom aligns with the fair condition criteria.
The gated community offers premium features including a pool, jacuzzi, fitness center, and a well-equipped gazebo with grills, perfect for leisure and entertaining.
As a first-floor unit with a private patio, this property offers easy access and outdoor living space without the need for stairs.
Ideally situated in Phoenix near major shopping and dining hubs, providing residents with quick access to everyday conveniences and services.
With only 720 square feet and a single bedroom, the interior space may feel restrictive for those needing a home office or guest room.
The monthly association fee of $211 increases the total cost of ownership and may impact the budget of price-sensitive buyers.
Enjoy resort-style living in this beautiful gated community featuring premium amenities including a sparkling pool, relaxing jacuzzi, fully equipped fitness center, and barbeque area. This well-appointed gazebo includes two built-in grills, a sink and mini refrigerator, offering an ideal space for outdoor entertaining. Restrooms are available for use in the pool area! Ideally located just minutes from shopping, dining, and everyday convenience. First floor unit with private patio. Come and make this your home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 47% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 720 | 850 | 8% |
| Lot Size | 700 | 783 | 41% |
| Price | $185.0K | $220.0K | 37% |
| Price per sq ft | $257 | $247 | 53% |
| Built year | 2005 | 1984 | 90% |
| HOA | $211 | $252 | 39% |
| Days on market | 206 | 1397 | 20% |
Oct 2, 2025
$185,000
Initial Listing