1875 E STATE Avenue, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
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1875 E STATE Avenue
Phoenix, AZ 85020
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,782Sq Ft
4,260Lot Size
Property Price
LIST PRICE$529,000
EST. MARKET VALUE
$568,516
6% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $529,000—positioned well below the $568,516 Fair Market Value by 6%. This valuation gap offers $39,516 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home offers a swimming pool, spa, and mountain views, providing a solid foundation for personalization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build wealth through strategic cosmetic updates.
Estimated Market Value
$568,516+$39,516 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1875 E STATE Avenue Subject | $529,000* List Price | 3 | 2 | 1,782 | $319 | - |
A 7219 N 15TH Place Sold | $550,000 | 3 | 2 | 1,790 | $307 | 0.5 mi |
B 1341 E GARDENIA Drive Sold | $515,000 | 2 | 2 | 1,614 | $319 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1980 and sold 'as-is,' the property is dated and requires personalization. While it features fresh paint and stainless steel appliances, the kitchen cabinetry and overall finishes appear to be over 20 years old, fitting the criteria for a home needing updates.
PROSSTRENGTHS & OPPORTUNITIES
- Mountain Views & Outdoor Living
The property boasts stunning, unobstructed mountain views from the primary suite balcony and features a private backyard oasis with both a swimming pool and a spa.
- Recent Cosmetic Updates
With fresh interior and exterior paint, wood-look flooring, and stainless steel appliances, the home offers a refreshed aesthetic that allows for immediate move-in.
- Prime Phoenix Location
Ideally situated with convenient access to the SR-51 freeway and a variety of popular restaurants, providing excellent connectivity and lifestyle amenities.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The home is being sold in as-is condition and is noted as 'waiting for personalization,' suggesting potential underlying maintenance needs or dated features requiring further investment.
- Compact Lot Size
At 4,260 square feet, the lot is relatively small for a single-family residence, which may limit additional outdoor expansion or privacy for some buyers.
About 1875 E STATE Avenue
Gorgeous mountain views & pool. Waiting for your personalization. Home is being sold as-is. Convenient to the 51 and tons of amazing restaurants. Wake up to Mountain Views every morning! Vaulted ceilings, neutral paint inside & out. Airy living room, complete with a cozy fireplace, invites you to relax, while the adjacent bright dining area is perfect for gatherings. Kitchen features abundant cabinetry with crown moulding & stainless steel appliances. Double doors lead to the large primary retreat, offering plush carpet, balcony access with stunning mountain views, a walk-in closet, and an ensuite with dual sinks. Backyard showcases a covered patio, swimming pool & spa. Low maintenance lanscaping in front & backyard. 2 car garage with built in cabinets.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 4,260 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $150 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,782 | 1,850.5 |
| Lot Size | 4,260 | 7,313 |
| Price | $529.0K | $481.7K |
| Price per sq ft | $297 | $289 |
| Built year | 1980 | 1987 |
| HOA | $150 | $175 |
| Days on market | 16 | 757 |
Pricing History
Listed for Sale
Jul 30, 2026
$529,000
Initial Listing