20 E CAROL Avenue, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
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Phoenix, AZ 85020
This 1947 Value-Add Asset represents a strategic opportunity in North Central Phoenix, listed at $379,990. Positioned near the $369,423 Fair Market Value, the price reflects the high demand for properties with No HOA restrictions and versatile footprints. Currently holding a Condition Rating of 4, the home offers significant potential for forced appreciation through interior modernization and cosmetic updates. The inclusion of an enclosed tandem garage and proximity to the 7-rated Sunnyslope High School enhances its long-term rental appeal and ROI potential. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20 E CAROL Avenue Subject | $379,990* List Price | 3 | 2 | 1,116 | $331 | - |
A 915 E ORCHID Lane Sold | $290,000 List Price | 3 | 2 | 1,092 | 1.0 mi | |
B 844 E TOWNLEY Avenue Sold | $320,000 | 3 | 2 | 936 | $342 | 0.8 mi |
C 9862 N 1ST Street Sold | $349,900 List Price | 3 | 2 | 1,232 | 0.4 mi | |
D 8814 N 2ND Way Active Under Contract | $379,000 List Price | 3 | 2 | 1,254 | $302 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this property is maintained but shows signs of being outdated. While the description mentions a 'modern feel,' the visual evidence shows older ceramic tile flooring and standard fixtures likely updated 15-20 years ago. The 'Investors Preferred' tag and the vintage infrastructure noted in the analysis suggest that while the home is functional, it requires minor updates and repairs to meet current market standards for a 'Good' or 'Excellent' rating.
Situated just blocks from the Central Mountain community and within walking distance to the highly-rated Sunnyslope High School, offering excellent lifestyle appeal and long-term value.
The absence of a Homeowners Association provides owners with maximum flexibility for property use, no monthly fees, and fewer restrictions on renovations or vehicle storage.
The enclosed tandem garage offers significant utility, providing a flexible space that can serve as a workshop, additional storage, or secure parking.
At 1,116 square feet for a 3-bedroom, 2-bathroom layout, the interior living spaces and bedrooms may feel undersized for larger families or those seeking spacious common areas.
Built in 1947, the property may require more frequent maintenance or updates to aging mechanical and structural systems typical of homes from this era.
INVESTORS PREFERRED. NO HOA, NO HOA, NO HOA. Charming 1941 home located in a highly desirable area just a few blocks from the Central Mountain community. This thoughtfully residence blends timeless character with a modern feel throughout. Featuring 3 bedrooms and 2 bathrooms, the home offers comfortable living spacesand natural light. The enclosed tandem garage provides added convenience and flexibility, perfect for parking, storage, or a workshop. With its ideal location and tasteful updates, this home delivers both charm and functionality in one of the area's sought-after neighborhoods.
No exterior & parking available.
Grades K-8 • 0.2 mi
Grades 9-12 • 0.5 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 | 1,116 | 1,918 | 10% |
| Lot Size | 6,621 | 8,306 | 30% |
| Price | $380.0K | $446.0K | 43% |
| Price per sq ft | $340 | $283 | 65% |
| Built year | 1947 | 1967 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 1413 | 0% |
Apr 1, 2026
$379,990
Initial Listing