18816 N 3RD Avenue, Phoenix, AZ 85027, Phoenix, 85027 - 2 bed, 2 bath
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Phoenix, AZ 85027
This Spacious Single-Level Home is a Strong Value Opportunity, listed at $410,000—positioned well below the $418,238 Fair Market Value by 2%. This valuation gap offers $8,238 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home is move-in ready with recent luxury vinyl plank flooring and fresh paint. Situated on a quiet cul-de-sac with no HOA fees, it offers a low-maintenance lifestyle. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a stable, well-maintained residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18816 N 3RD Avenue Subject | $394,000* List Price | 2 | 2 | 1,611 | $252 | - |
A 18837 N 3RD Avenue Sold | $474,500 | 4 | 2 | 1,584 | $300 | 0.1 mi |
B 20030 N 14TH Avenue Sold | $375,000 | 3 | 3 | 1,556 | $241 | 1.0 mi |
C 19835 N 6TH Drive Sold | $335,000 | 4 | 2 | 1,575 | $213 | 0.7 mi |
D 19238 N 2ND Avenue Sold | $299,000 List Price | 4 | 2 | 1,588 | 0.3 mi | |
E 19237 N 5TH Avenue Sold | $425,000 | 3 | 2 | 1,375 | $309 | 0.3 mi |
F 19237 N 5TH Avenue Sold | $425,000 | 3 | 2 | 1,353 | $314 | 0.3 mi |
G 19237 N 5TH Avenue Sold | $425,000 | 3 | 2 | 1,353 | $314 | 0.3 mi |
H 18832 N 3RD Avenue Active Under Contract | $385,500 List Price | 3 | 2 | 1,258 | $306 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1995 (29 years old), the property has been well-maintained and features significant recent cosmetic updates including new luxury vinyl plank flooring and fresh interior paint. While some elements like the laundry cabinetry appear original, the home is functional, move-in ready, and shows no immediate signs of deferred maintenance.
The property is located in a subdivision with no association fees, providing the homeowner with significant monthly savings and greater autonomy over their property.
At 1,611 square feet for a two-bedroom configuration, this home offers an exceptionally spacious and open floor plan that is rare for this bedroom count, ideal for comfortable living.
Situated on a peaceful cul-de-sac, the home benefits from minimal through-traffic and enhanced privacy, which is a highly desirable feature for residential buyers.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The local assigned schools, specifically the elementary and middle schools, have low ratings (2/10), which may limit the property's appeal to families and impact long-term appreciation.
A two-bedroom detached home at the $410,000 price point may face challenges competing against three-bedroom alternatives in the Phoenix market, potentially narrowing the buyer pool.
Welcome to this charming single-level detached home nestled on a quiet cul-de-sac! Featuring a great floor plan designed for comfortable living, this home offers spacious living areas and a separate laundry room complete with a utility sink for added convenience. The low-maintenance backyard includes a covered patio, perfect for relaxing or entertaining year-round. A 2-car attached garage provides ample parking and storage space. Conveniently located near shopping, dining, parks, and everyday amenities, this home is a wonderful opportunity you won't want to miss! Some images in this listing have been virtually staged.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades K-6 • 1.5 mi
Grades 7-8 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,611 | - |
| Lot Size | 5,585 | - |
| Price | $394.0K | $495.4K |
| Price per sq ft | $245 | $290 |
| Built year | 1995 | 0 |
| HOA | $0 | $0 |
| Days on market | 59 | 1260 |
Jul 16, 2026
$394,000
$402,500
-2% Price Drop
Initial Listing
Jun 14, 2026
$402,500
$410,000
-2% Price Drop
Initial Listing
May 25, 2026
$410,000
Initial Listing