1852 E MOBILE Lane, Phoenix, AZ 85040, Phoenix, 85040 - 4 bed, 1 bath
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Phoenix, AZ 85040
This Single Family Residence is a Strong Value Opportunity, listed at $330,900—positioned slightly above the $327,721 Fair Market Value. While the property lacks an equity gap, it offers a Condition Rating of 3, featuring a modern Granite Kitchen and stainless steel appliances that ensure a move-in ready experience. The absence of HOA fees provides long-term financial flexibility, though the 4-bed/1-bath layout and local school ratings suggest a focus on utility over prestige. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, renovated home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1852 E MOBILE Lane Subject | $299,900* List Price | 4 | 1 | 1,197 | $257 | - |
A 5020 S 20TH Place Sold | $335,000 | 3 | 2 | 1,269 | $264 | 0.2 mi |
B 5024 S 20TH Street Sold | $325,000 | 3 | 2 | 1,668 | $195 | 0.1 mi |
C 1631 E JONES Avenue Sold | $360,000 | 3 | 2 | 1,235 | $291 | 0.7 mi |
D 1631 E JONES Avenue Sold | $360,000 | 3 | 2 | 1,235 | $291 | 0.7 mi |
E 1202 E Hidalgo Avenue Sold | $314,999 List Price | 3 | 2 | 1,248 | 1.0 mi | |
F 2437 E TAMARISK Avenue Sold | $385,000 | 3 | 2 | 1,346 | $286 | 0.8 mi |
G 4921 S 11TH Street Sold | $335,000 List Price | 3 | 2 | 1,124 | 0.9 mi | |
H 4228 S 19TH Place Active Under Contract | $290,000 List Price | 4 | 2 | 1,232 | $235 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1958, the property has undergone a significant interior refresh. The kitchen features modern granite countertops, a decorative mosaic backsplash, and stainless steel appliances. With consistent tile flooring, updated six-panel doors, and fresh paint, the home is functional and move-in ready, meeting the criteria for a well-maintained renovated property.
The kitchen features updated stainless steel appliances and a decorative backsplash, offering a contemporary feel that appeals to modern buyers looking for move-in-ready features.
With zero association fees, homeowners enjoy greater financial flexibility and freedom from the restrictive rules often found in managed Phoenix communities.
The property sits on a spacious 6,865 sqft lot with a fully fenced backyard, providing ample space for outdoor entertainment, gardening, or potential future expansions.
Featuring four bedrooms but only one bathroom, the home's layout may present functional challenges and daily bottlenecks for larger families or multiple occupants.
The assigned schools carry low ratings (2 and 3 out of 10), which could impact long-term resale value and deter families who prioritize high-performing educational districts.
Charming single-story home featuring 4 bedrooms and 1 bathroom with stylish touches throughout. The kitchen shines with a decorative backsplash and stainless steel appliances, while the spacious fenced backyard offers plenty of room to relax, entertain, or play. A great opportunity with comfort and functionality all on one level.
No exterior & parking available.
Grades K-8 • 0.3 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,197 | - |
| Lot Size | 6,865 | - |
| Price | $299.9K | $495.4K |
| Price per sq ft | $251 | $290 |
| Built year | 1958 | 0 |
| HOA | $0 | $0 |
| Days on market | 57 | 1260 |
Jul 3, 2026
$299,900
$314,500
-5% Price Drop
Initial Listing
Jun 19, 2026
$314,500
$330,900
-5% Price Drop
Initial Listing
May 27, 2026
$330,900
Initial Listing