
Phoenix, AZ 85020
This Modernized Ground-Level Condominium is a Strong Value Opportunity, listed at $299,900—positioned well below the $319,682 Fair Market Value by 6%. This valuation gap provides $19,782 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features a remodeled quartz kitchen, wood-look flooring, and a brand-new 2025 HVAC system. Located near Piestewa Peak with mountain views and access to the Madison School District, it perfectly balances lifestyle and appreciation. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1880 E MORTEN Avenue 102 Subject | $299,900* List Price | 2 | 2 | 1,038 | $308 | - |
A 1880 E MORTEN Avenue 124 Sold | $295,000 | 2 | 2 | 1,011 | $292 | 0.0 mi |
B 1840 E MORTEN Avenue 140 Sold | $257,500 | 2 | 2 | 1,060 | $243 | 0.1 mi |
C 1333 E MORTEN Avenue 117 Sold | $310,000 | 2 | 2 | 961 | $323 | 0.8 mi |
D 1811 E HAYWARD Avenue 1 Sold | $310,000 | 2 | 2 | 976 | $318 | 0.3 mi |
E 7557 N DREAMY DRAW Drive 240 Sold | $251,000 | 2 | 2 | 950 | $264 | 0.1 mi |
F 7300 N DREAMY DRAW Drive 103 Active | $335,000 List Price | 2 | 2 | 976 | $343 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, including a fully remodeled kitchen with new cabinetry, quartz countertops, and stainless steel appliances. The bathrooms have been updated with modern vanities and fixtures. Additionally, the home features new wood-look flooring throughout and a brand-new 2025 HVAC system, meeting the criteria for a property renovated within the last 5 years with no deferred maintenance.
The property is move-in ready featuring a fully remodeled kitchen with quartz countertops and a brand-new 2025 HVAC system, offering significant value and peace of mind regarding future maintenance.
Situated near Piestewa Peak and various hiking/biking trails with easy access to the SR-51, this location is ideal for outdoor enthusiasts and commuters seeking a central Phoenix lifestyle.
As a ground-floor unit, the home offers easy entry without stairs and includes a private back patio with a storage unit, providing a more accessible and functional living experience.
The association fee of $450 per month is relatively high for this price point, which may impact the overall monthly affordability and debt-to-income ratio for some buyers.
While the elementary schools are well-rated, the assigned high school has a lower rating of 3, which could be a drawback for families prioritizing long-term educational performance.
Move-In Ready in Central Phoenix! Ground-level 2 bed, 2 bath condo in Preserve Condominiums with a 2025 HVAC replacement. Open living area with wood-look flooring & patio access flows into the dining area & fully remodeled kitchen featuring quartz countertops, stainless steel appliances & new cabinetry. The primary suite includes an updated ensuite with quartz countertop vanity & shower/tub combo. The second bedroom offers flexible use as a bedroom, office or hobby space with access to the back patio; the hall bath features an updated vanity & walk-in shower. The back patio includes half-height concrete panel fencing & a private storage unit. Community amenities include a heated pool & two spas, with easy access to SR-51, Piestewa Peak, hiking & biking trails & nearby shopping & dining.
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades 5-8 • 2.0 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,038 | 1,023 | 52% |
| Lot Size | 965 | 969.5 | 50% |
| Price | $299.9K | $250.5K | 74% |
| Price per sq ft | $289 | $264 | 68% |
| Built year | 1990 | 1985 | 58% |
| HOA | $450 | $292 | 91% |
| Days on market | 17 | 1647 | 2% |
Apr 9, 2026
$299,900
Initial Listing