18631 N 5th Drive, Phoenix, AZ 85027, Phoenix, 85027 - 2 bed, 2 bath
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Phoenix, AZ 85027
This Updated North Phoenix Residence represents a Prime Investment Opportunity with a List Price of $390,000—positioned well below the $409,095 Fair Market Value by 4%. This strategic pricing offers $19,095 in Instant Equity, further enhanced by 2% seller concessions offered with full-price bids. Maintaining a Move-in Ready Condition Rating, the interior showcases a Granite Kitchen with a large island and Vaulted Ceilings. The exterior features a Private Backyard with Turf and Patio near major Norterra shopping hubs. This asset is perfectly suited for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18631 N 5th Drive Subject | $375,000* List Price | 2 | 2 | 1,013 | $370 | - |
A 18602 N 5TH Avenue Sold | $360,000 | 3 | 3 | 1,186 | $304 | 0.1 mi |
B 18602 N 5th Avenue Sold | $360,000 | 3 | 3 | 1,186 | $304 | 0.1 mi |
C 18819 N 1ST Avenue Sold | $435,000 | 2 | 2 | 1,242 | $350 | 0.4 mi |
D 18819 N 1ST Avenue Sold | $435,000 | 2 | 2 | 1,242 | $350 | 0.4 mi |
E 18633 N 4TH Avenue Sold | $389,900 | 3 | 3 | 1,186 | $329 | 0.1 mi |
F 18633 N 4TH Avenue Sold | $389,900 | 3 | 3 | 1,186 | $329 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several modern updates, including a kitchen with granite countertops, a large island, and updated dark cabinetry. While the home was built in 1999, it has been well-maintained with stylish light fixtures, vaulted ceilings, and a fully landscaped backyard with pavers and turf. The use of white appliances and older-style ceramic tile flooring keeps it from an 'excellent' rating, but the overall condition is high-quality with no immediate repairs needed.
The home features high-end updates including granite countertops, a large kitchen island, and vaulted ceilings that create a bright, contemporary open-concept living space.
The seller is offering 2% in concessions with a full-price offer, providing significant value for buyers looking to offset closing costs or buy down their interest rate.
Situated near the I-17 and Loop 101 interchange, the property offers excellent proximity to major shopping hubs like Norterra and Deer Valley Towne Center.
At just 1,013 square feet with only two bedrooms, the home's smaller footprint may limit its appeal to growing families or those requiring more living space.
The assigned public schools have relatively low ratings, particularly the middle school with a rating of 2, which may be a concern for education-focused buyers.
Beautifully updated North Phoenix home with bright open-concept living and stylish finishes throughout. The spacious kitchen features granite countertops, a large island, modern cabinetry, and plenty of prep space, flowing seamlessly into the main living area with vaulted ceilings and abundant natural light. The generous primary suite offers a peaceful retreat, while flexible secondary rooms are perfect for guests, a home office, or hobbies. Step outside to a private backyard with covered patio, pavers, and lush turf, ideal for relaxing or entertaining year-round. Conveniently located near I-17 and Loop 101 with quick access to The Shops at Norterra, Deer Valley Towne Center, parks, hiking trails, and great local dining.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades 7-8 • 3.5 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,013 | 1,382.5 | 7% |
| Lot Size | 4,105 | 7,175.5 | 14% |
| Price | $375.0K | $369.0K | 51% |
| Price per sq ft | $370 | $261 | 97% |
| Built year | 1999 | 1985 | 89% |
| HOA | $185 | $0 | 98% |
| Days on market | 73 | 1349 | 2% |
Apr 8, 2026
$375,000
$390,000
-4% Price Drop
Initial Listing
Feb 12, 2026
$390,000
Initial Listing