20050 S 196TH Street, Queen Creek, AZ 85142, Queen Creek, 85142 - 4 bed, 3 bath
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20050 S 196TH Street
Queen Creek, AZ 85142
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,307Sq Ft
7,476Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$600,247
4% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $595,000—positioned well below the $619,636 Fair Market Value by 3%. This valuation gap offers $24,636 in Instant Equity. Featuring a Condition Rating of 2, the property boasts a renovated kitchen with quartz countertops and new flooring. Located near top-rated schools like Desert Mountain Elementary, this home offers a premium lifestyle with an oversized backyard and park-side views. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, high-equity residence.
Estimated Market Value
$600,247+$25,247 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Queen Creek.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20050 S 196TH Street Subject | $575,000* List Price | 4 | 3 | 2,307 | $260 | - |
A 20581 S 196TH Street Sold | $625,000 | 4 | 3 | 2,596 | $241 | 0.3 mi |
B 19559 E STRAWBERRY Drive Sold | $635,000 | 4 | 3 | 2,596 | $245 | 0.3 mi |
C 20595 S 194TH Place Sold | $650,000 | 4 | 3 | 2,596 | $250 | 0.3 mi |
D 19786 E THORNTON Road Sold | $675,000 | 4 | 3 | 3,040 | $222 | 0.3 mi |
E 19753 E REINS Road Pending | $515,000 List Price | 4 | 2 | 2,225 | $231 | 0.2 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.
Although built in 2004, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a showstopping kitchen with new quartz countertops, stainless steel appliances, and updated wood-look flooring. The home is in mint, move-in ready condition with modern finishes and upgraded systems like new windows and sliding doors.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interior Upgrades
The home features extensive recent renovations, including a showstopping kitchen with quartz countertops, new wood-look flooring, and a custom fireplace, offering a contemporary move-in ready experience.
- Premium Lot & Location
Positioned directly adjacent to a neighborhood park and featuring an oversized backyard with a covered patio, the property offers enhanced privacy and immediate access to outdoor recreation.
- Functional Family Layout
With four bedrooms, a versatile upstairs loft, and a 2.5-car garage for extra storage, the floor plan is highly adaptable for growing families or those needing dedicated home office space.
CONSRISKS & DEFICIENCIES
- Aging Major Systems
Built in 2004, the property is reaching a point where original big-ticket items like the roof or HVAC system may require inspection or replacement, despite the cosmetic interior updates.
- Multi-Level Living Constraints
The two-story configuration with the primary suite located upstairs may limit appeal for buyers specifically seeking single-level living or long-term accessibility.
About 20050 S 196TH Street
Beautifully updated, meticulously maintained, & truly move-in ready, this 4-bedroom, 2.5-bath home is filled with a fresh, light, airy feel. The showstopping kitchen steals the spotlight with NEW quartz countertops, a gorgeous Island, freshly painted cabinetry, elegant gold hardware, SS appliances, upgraded lighting, & a NEW built-in beverage cooler. It flows into the inviting family room with a stunning NEW fireplace. Upstairs, a spacious loft for movie nights, game room, or office-you choose! Enjoy an oversized primary suite. Additional upgrades include new wood-look flooring downstairs, select new windows, new sliding glass door to the backyard, & new custom draperies. A 2.5 car garage provides extra storage. A lovely neighborhood park right next door. Start picturing your life here! Lastly, the oversized backyard has a covered patio for unwinding. This rare gem won't disappoint!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 7,476 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $96 / Month
Neighborhood Insights
Queen Creek Unified Schools
Desert Mountain Elementary School
Grades PK-5 • 1.5 mi
8/10
Newell Barney Middle School
Grades 5-8 • 3.1 mi
6/10
Queen Creek High School
Grades 9-12 • 3.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,307 | 2,620.021 |
| Lot Size | 7,476 | 7,939.701 |
| Price | $575.0K | $660.7K |
| Price per sq ft | $249 | $260 |
| Built year | 2004 | 2020 |
| HOA | $96 | $154 |
| Days on market | 26 | 94 |
Pricing History
Listed for Sale
Sep 4, 2026
$575,000
$595,000
-3% Price Drop
Initial Listing
Price Change
Aug 14, 2026
$595,000
Initial Listing