2003 E MARIPOSA GRANDE Avenue, Phoenix, AZ 85024, Phoenix, 85024 - 4 bed, 4 bath
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2003 E MARIPOSA GRANDE Avenue
Phoenix, AZ 85024
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
4,005Sq Ft
7,111Lot Size
Property Price
LIST PRICE$875,000
EST. MARKET VALUE
$970,431
9% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $875,000—positioned well below the $970,432 Fair Market Value by 9%. This valuation gap offers $95,432 in Instant Equity. With a Condition Rating of 2, the home features significant 2020-2022 upgrades, including owned solar, new HVAC, and a renovated primary suite. Enjoy premium amenities like a sparkling pool and spa with mountain views, located near top-rated schools like Boulder Creek Elementary. This is an ideal acquisition for Owner-Occupants or discerning buyers seeking energy-efficient luxury.
Estimated Market Value
$970,431+$95,431 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2003 E MARIPOSA GRANDE Avenue Subject | $875,000* List Price | 4 | 4 | 4,005 | $242 | - |
A 2138 E ELECTRA Lane Sold | $735,000 | 4 | 3 | 2,668 | $275 | 0.3 mi |
B 2457 E VILLA LINDA Drive Sold | $899,990 | 4 | 4 | 3,222 | $279 | 0.7 mi |
C 24521 N 24TH Way Sold | $889,000 | 4 | 4 | 3,222 | $276 | 0.7 mi |
D 24525 N 24TH Way Sold | $968,255 | 5 | 4 | 3,486 | $278 | 0.7 mi |
E 24517 N 24TH Way Sold | $957,500 | 5 | 4 | 3,486 | $275 | 0.7 mi |
F 1644 E CIELO GRANDE Avenue Sold | $735,000 | 4 | 3 | 3,182 | $231 | 0.7 mi |
G 24518 N 24TH Way Sold | $884,870 | 4 | 4 | 3,222 | $275 | 0.7 mi |
H 2441 E VILLA LINDA Drive Sold | $914,825 | 4 | 4 | 3,222 | $284 | 0.7 mi |
I 2032 E MARIPOSA GRANDE Pending | $849,000 List Price | 5 | 3 | 3,504 | $242 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent major renovations within the last 5 years (2020-2022), including new HVAC systems, roof underlayment, and flooring. The primary bathroom was fully renovated in 2020, and the addition of owned solar panels indicates high-quality maintenance and modern efficiency.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & System Upgrades
The property features significant capital improvements including owned solar panels, new HVAC systems, and new roof underlayment (all 2020), offering substantial utility savings and reduced maintenance costs.
- Spacious Modernized Interior
Boasting over 4,000 sqft, the home includes a beautifully renovated primary suite with a walk-in shower and new flooring throughout (2022), providing a contemporary and expansive living environment.
- Premium Outdoor Amenities
The backyard is designed for Arizona living with a sparkling pool, spa, and scenic mountain views, situated just minutes from the high-end shopping and dining at Desert Ridge.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Limited Yard Space
With a large 4,005 sqft footprint on a 7,111 sqft lot, the remaining outdoor area is relatively compact, which may be a drawback for buyers desiring a large grassy yard or play area.
- Partial Interior Updates
While the primary bath and flooring are recently updated, other areas of the 1998-built home, such as secondary bathrooms or kitchen cabinetry, may require further modernization to match the primary suite's standard.
About 2003 E MARIPOSA GRANDE Avenue
Beautifully updated and just 10 minutes away from Desert Ridge shopping and dining. Major improvements completed in 2020 include new roof underlayment, owned solar, new HVAC systems, and beautifully renovated primary bath with walk in shower. New flooring was added in 2022. The spacious floor plan features ample storage throughout, generously sized bedrooms and an impressive owner's suite with its own sitting area and living space. Step outside to enjoy the sparkling pool and spa and beautiful mountain views. This home offers a wonderful combination of upgrades, comfort, energy efficiency and Arizona living!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 7,111 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Phoenix Unified Schools
Boulder Creek Elementary School
Grades K-6 • 0.7 mi
8/10
Mountain Trail Middle School
Grades 7-8 • 0.8 mi
6/10
Pinnacle High School
Grades 9-12 • 2.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 4,005 | 1,820.548 |
| Lot Size | 7,111 | 7,305.343 |
| Price | $875.0K | $470.3K |
| Price per sq ft | $218 | $279 |
| Built year | 1998 | 1986 |
| HOA | $0 | $186 |
| Days on market | 15 | 67 |
Pricing History
Listed for Sale
Aug 25, 2026
$875,000
Initial Listing