18832 N 3RD Avenue, Phoenix, AZ 85027, Phoenix, 85027 - 3 bed, 2 bath
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Phoenix, AZ 85027
This Well-Maintained Single-Family Residence is a Strong Value Opportunity, listed at $385,500—positioned well below the $411,231 Fair Market Value by 6%. This valuation gap provides $25,731 in Instant Equity. Boasting a Condition Rating of 3, the home features a brand-new HVAC system (2025), a granite kitchen, and a stone fireplace. With No HOA fees and a private patio, this property offers significant monthly savings and move-in-ready comfort. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a stable, low-overhead asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18832 N 3RD Avenue Subject | $385,500* List Price | 3 | 2 | 1,258 | $327 | - |
A 18602 N 5th Avenue Sold | $360,000 | 3 | 3 | 1,186 | $304 | 0.2 mi |
B 18602 N 5TH Avenue Sold | $360,000 | 3 | 3 | 1,186 | $304 | 0.2 mi |
C 18819 N 1ST Avenue Sold | $435,000 | 2 | 2 | 1,242 | $350 | 0.2 mi |
D 18819 N 1ST Avenue Sold | $435,000 | 2 | 2 | 1,242 | $350 | 0.2 mi |
E 19032 N 2ND Avenue Sold | $360,000 | 2 | 2 | 920 | $391 | 0.2 mi |
F 1308 W WAHALLA Lane Sold | $425,000 | 3 | 3 | 1,557 | $273 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1991 (35 years old), it is classified as Good due to significant maintenance and updates. It features a brand-new HVAC system (2025), an updated kitchen with granite countertops, and well-maintained wood and tile flooring, making it move-in ready rather than a project requiring rehab.
The air conditioning system was replaced in 2025, offering significant value and peace of mind regarding one of the most critical and costly components for a Phoenix home.
With an association fee of $0, this property provides a financial advantage by reducing monthly carrying costs and offering homeowners more freedom from restrictive community rules.
The home features attractive upgrades including granite countertops, wood flooring, and a stone fireplace, creating a contemporary and move-in-ready atmosphere.
The 4,477 square foot lot is relatively small, which may limit outdoor activities, gardening potential, and privacy compared to larger residential parcels.
Several of the assigned public schools, including the local elementary and middle schools, have lower performance ratings, which may be a concern for education-focused families.
New to the market! Lovely 3 bedroom, 2 bath home in a quiet Phoenix neighborhood near shopping, restaurants and schools. This popular floorplan has lots of light & features a large living room with a stone fireplace, wood flooring and an attractive tile accent at the main entry. The large master bedroom has a walk-in closet & double vanity. The kitchen has tile flooring, a pantry and granite countertops. Low maintenance backyard with attractive storage shed. Well maintained home (AC was replaced in 2025). On lockbox, easy to show.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades K-6 • 1.5 mi
Grades 7-8 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,258 | 1,382.5 | 30% |
| Lot Size | 4,477 | 7,175.5 | 23% |
| Price | $385.5K | $369.0K | 55% |
| Price per sq ft | $306 | $261 | 72% |
| Built year | 1991 | 1985 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 1348 | 0% |
Apr 18, 2026
$385,500
Initial Listing