1902 W KERRY Lane, Phoenix, AZ 85027, Phoenix, 85027 - 4 bed, 2 bath
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Phoenix, AZ 85027
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well below the $428,060 Fair Market Value by -5%. While the home requires cosmetic updates, its Fair Condition Rating and massive 10,602 sq ft lot provide significant upside for forced appreciation. The flexible floor plan, featuring two 2-room suites and no HOA, makes this a versatile Value-Add Asset. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1902 W KERRY Lane Subject | $450,000* List Price | 4 | 2 | 2,090 | $205 | - |
A 19251 N 17TH Drive Sold | $456,500 | 4 | 2 | 2,199 | $208 | 0.2 mi |
B 1942 W KRISTAL Way Sold | $485,000 | 4 | 2 | 2,007 | $242 | 0.1 mi |
C 1942 W KRISTAL Way Sold | $485,000 | 4 | 2 | 2,007 | $242 | 0.1 mi |
D 19013 N 18TH Avenue Sold | $440,000 | 4 | 2 | 1,813 | $243 | 0.2 mi |
E 1676 W SEQUOIA Drive Sold | $410,000 | 3 | 2 | 1,713 | $239 | 0.3 mi |
F 1714 W WESCOTT Drive Sold | $356,000 List Price | 4 | 2 | 1,550 | 0.2 mi | |
G 2135 W KERRY Lane Active | $435,000 List Price | 4 | 2 | 2,175 | $200 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, the home features a kitchen and flooring renovation likely completed 10-15 years ago. However, the presence of popcorn ceilings, weathered exterior trim, and the listing agent's note that the property 'needs some TLC and some updating' indicates it requires minor repairs and modernization to meet current standards.
The property features a massive 10,602 sq ft cul-de-sac lot with double RV parking and no HOA restrictions, providing ultimate flexibility for outdoor additions like a pool or sports courts.
With 2,090 sq ft of living space and two unique 2-room bedroom suites, this home offers a rare and flexible layout suitable for multi-generational living or spacious home offices.
Situated near major transit corridors like I-17 and Loop 101, and within walking distance to a large community park, the home combines suburban convenience with a quiet cul-de-sac setting.
The home is noted to require 'TLC' and modern updates, which will necessitate an additional post-purchase budget for renovations and cosmetic improvements.
Built in 1974, the residence may have aging mechanical systems or structural components that require inspection and potential replacement compared to newer builds.
Looking for space than look no further! This 2090 sq ft home sits on over a 10,000 sq ft cul de sac lot and has NO HOA! It has a formal living room, nice size kitchen, large family room and dining area. 2 of the the 4 bedrooms are 2 room suites! Double RV parking. The backyard is big enough to fit a pool, outdoor kitchen, basketball court and pickle ball court. You can let you imagination run wild! Just north of the home is a large park with many amenities. Close to shopping and restaurants, Hwy 17, loop 101 and public transportation. Home is in great shape but does need some TLC and some updating.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 81% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,090 | 1,417 | 94% |
| Lot Size | 10,602 | 7,100.5 | 94% |
| Price | $450.0K | $367.0K | 85% |
| Price per sq ft | $215 | $253 | 32% |
| Built year | 1974 | 1985 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 1236 | 1% |
May 26, 2026
$450,000
Initial Listing