
Phoenix, AZ 85020
This Well-Maintained Gated Condominium represents a stable residential asset with a List Price of $235,000, positioned accurately at its $235,000 Fair Market Value. Maintaining a Well-Maintained Condition Rating, the interior offers functional 1990s finishes and superior storage, including a primary suite with a wall of closets. Residents benefit from resort-style amenities like the recently updated pool and spa and immediate proximity to the Phoenix Mountain Preserve. Located near top-rated Madison Heights Elementary, this home is a strategic choice for Owner-Occupants or first-time buyers seeking a secure, lifestyle-oriented community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1880 E MORTEN Avenue 121 Subject | $235,000* List Price | 2 | 2 | 1,038 | $226 | - |
A 1880 E MORTEN Avenue 124 Sold | $295,000 | 2 | 2 | 1,011 | $292 | 0.0 mi |
B 1880 E MORTEN Avenue 124 Sold | $295,000 | 2 | 2 | 1,011 | $292 | 0.0 mi |
C 1880 E MORTEN Avenue 124 Sold | $295,000 | 2 | 2 | 1,011 | $292 | 0.0 mi |
D 7557 N DREAMY DRAW Drive 240 Sold | $251,000 | 2 | 2 | 950 | $264 | 0.1 mi |
E 1840 E MORTEN Avenue 229 Sold | $250,000 | 2 | 2 | 969 | $258 | 0.1 mi |
F 1820 E MORTEN Avenue 119 Active | $268,000 List Price | 2 | 2 | 1,072 | $250 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (35 years old), the property is well-maintained but dated. The kitchen features original-style wood cabinetry, laminate countertops, and white appliances. While functional and move-in ready, the interior finishes and systems are over 20 years old and require modern updates to meet current market standards.
Situated in a gated community near the Phoenix Mountain Preserve, this property offers an ideal balance of outdoor recreation, security, and proximity to popular dining and urban conveniences.
The unit is thoughtfully designed with superior storage, featuring a walk-in closet in the second bedroom, a full wall of closets in the primary suite, and ample kitchen cabinetry.
This move-in-ready home includes all major appliances (refrigerator, washer, and dryer) and provides access to recently updated resort-style amenities, including a community pool and spa.
The association fee of $450 per month is relatively high compared to the listing price, which may impact monthly affordability and the overall debt-to-income ratio for potential buyers.
While the elementary schools are well-rated, the assigned high school has a lower rating of 3, which could be a deterrent for families prioritizing long-term educational consistency.
Experience elevated living in this beautifully maintained 2-bed, 2-bath apartment nestled inside an exclusive gated community—perfectly located and ready to enjoy! This unit features a private balcony with scenic views. Inside, thoughtful storage shines: the second bedroom offers a walk-in closet, while the primary suite includes an entire wall of closets. The kitchen showcases plenty of cabinet storage, and the refrigerator, washer, and dryer all convey. Just a short walk to the recently updated community pool and spa, you'll enjoy resort-style amenities year-round. Assigned parking ensures ease, and the location is unbeatable—close to hiking at the Phoenix Mountain Preserve, popular restaurants, and everyday conveniences. A perfect blend of comfort, convenience, and lifestyle.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades 5-8 • 2.0 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,038 | - |
| Lot Size | 967 | - |
| Price | $235.0K | $310.8K |
| Price per sq ft | $226 | $272 |
| Built year | 1990 | 0 |
| HOA | $450 | $0 |
| Days on market | 222 | 1408 |
Dec 12, 2025
$235,000
Initial Listing