
Phoenix, AZ 85015
This Modernized Ranch-Style Residence is a Strong Value Opportunity, listed at $499,900—positioned well below the $533,976 Fair Market Value by 6%. This valuation gap secures $34,076 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the home features Dual Primary Suites with ADA-compliant baths and a Renovated Quartz Kitchen with stainless appliances. The Climate-Controlled 2-Car Garage and large cul-de-sac lot provide rare utility in a central location. This is an elite acquisition for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2002 W TURNEY Avenue Subject | $499,900* List Price | 3 | 3 | 2,118 | $252 | - |
A 2102 W CAMPBELL Avenue Sold | $419,900 List Price | 3 | 2 | 1,948 | 0.2 mi | |
B 2040 W HAZELWOOD Street Sold | $480,000 | 3 | 2 | 1,924 | $249 | 0.3 mi |
C 4248 N 15TH Drive Sold | $430,000 List Price | 4 | 2 | 2,141 | 0.5 mi | |
D 1802 W INDIANOLA Avenue Sold | $454,900 List Price | 4 | 3 | 1,960 | 0.6 mi | |
E 1639 W INDIANOLA Avenue Sold | $595,000 | 3 | 2 | 2,160 | $275 | 0.7 mi |
F 2040 W HAZELWOOD Street Sold | $480,000 | 3 | 2 | 1,924 | $249 | 0.3 mi |
G 1936 W CLARENDON Avenue Active Under Contract | $540,000 List Price | 3 | 2 | 2,134 | $253 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1956, the property has undergone an extensive recent renovation that meets current quality standards. The kitchen is completely modernized with quartz countertops, new cabinetry, and brand-new stainless steel appliances. The bathrooms feature contemporary tile work and fixtures, and the home includes high-end upgrades such as recessed lighting, new flooring throughout, a full fire sprinkler system, and a finished, climate-controlled garage with epoxy flooring.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9836, living area = 2118.
The home features two oversized primary suites with ADA-compliant bathrooms and walk-in closets, offering rare flexibility for multi-generational living or guest accommodations.
The kitchen has been completely renovated with quartz countertops, modern cabinetry, and brand-new stainless steel appliances, providing a contemporary and functional heart to the home.
The property is being sold in as-is condition, which may require the buyer to assume responsibility for any underlying maintenance issues or repairs discovered during inspections.
The assigned public schools for this address currently hold low ratings (1/10 and 3/10), which could be a drawback for families prioritizing educational performance.
This classic Melrose Estates ranch-style gem is on a sprawling cul-de-sac lot. Enormous twin primary suites with private ADA-compliant ¾ baths and walk-in closets. Open floorplan with huge Great Room and formal Dining area. Over-sized kitchen has been completely renovated with brand-new stainless steel range and dishwasher, quartz countertops, modern cabinets, and ample food storage. Amenities include full fire sprinklers throughout, finished and insulated 2-car garage with AC and new epoxy flooring. Freshly painted inside. Close to restaurants, freeways, shopping GCU and Encanto Park. Sold AS-IS. Buyer to verify all material facts. Owner's spouse (listing agent) holds an AZ real estate license.
No exterior & parking available.
Grades K-3 • 0.6 mi
Grades 4-8 • 1.1 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 87% |
| Square foot | 2,118 | 1,474.5 | 89% |
| Lot Size | 9,836 | 7,693 | 86% |
| Price | $499.9K | $370.0K | 79% |
| Price per sq ft | $236 | $263 | 40% |
| Built year | 1956 | 1951 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 994 | 1% |
Apr 2, 2026
$499,900
Initial Listing