2029 N 87TH Drive, Phoenix, AZ 85037, Phoenix, 85037 - 4 bed, 2 bath
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Phoenix, AZ 85037
This Move-In Ready Single Family Residence is a Prime Investment Opportunity, listed at $395,000—positioned well below the $409,338 Fair Market Value by 3%. This valuation gap offers $14,338 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes new LVP flooring, fresh paint, and a modernized kitchen. With No HOA restrictions and a private patio, this property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a turnkey home in a strategic commuter location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2029 N 87TH Drive Subject | $395,000* List Price | 4 | 2 | 1,575 | $260 | - |
A 8833 W MONTE VISTA Road Sold | $385,000 | 4 | 2 | 1,575 | $244 | 0.1 mi |
B 9059 W PALM Lane Sold | $373,000 | 4 | 2 | 1,438 | $259 | 0.4 mi |
C 8738 W SHERIDAN Street Sold | $355,000 | 3 | 2 | 1,570 | $226 | 0.3 mi |
D 8709 W CAMBRIDGE Avenue Sold | $355,000 | 3 | 2 | 1,552 | $229 | 0.5 mi |
E 8725 W EDGEMONT Avenue Sold | $385,000 List Price | 3 | 2 | 1,552 | 0.6 mi | |
F 8837 W VIRGINIA Avenue Active Under Contract | $360,000 List Price | 3 | 2 | 1,552 | $232 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1996, the property has undergone a recent comprehensive renovation (likely <5 years) featuring new LVP flooring, fresh interior paint, and a modernized kitchen with stone countertops and stainless steel appliances. The bathrooms are refreshed and the home is in mint, move-in ready condition.
The absence of a Homeowners Association offers owners significant financial savings and greater freedom regarding property use and modifications.
Recent updates including fresh interior paint and new flooring, paired with vaulted ceilings, provide a modern, bright, and turn-key living experience.
Excellent proximity to both the I-10 and Loop 101 freeways ensures convenient access to the entire West Valley, shopping, and dining districts.
The assigned public schools have low performance ratings (2/10 and 3/10), which may impact the property's appeal to families and long-term appreciation.
Built in 1996, the property is approaching a 30-year age mark where major systems like the roof or HVAC may soon require significant maintenance or replacement.
Welcome home to this beautifully updated property in the heart of West Phoenix! Conveniently located near major shopping, dining, entertainment, and easy access to I-10 and Loop 101 freeways, this home offers, both comfort and convenience and NO HOA. Step inside to find fresh interior paint, new flooring, soaring vaulted ceilings, and a bright open layout perfect for everyday living and entertaining. Enjoy a spacious feel throughout with plenty of natural light and a welcoming atmosphere. Don't miss this opportunity to own a move-in ready home in a prime location close to everything the West Valley has to offer!
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,575 | - |
| Lot Size | 5,976 | - |
| Price | $395.0K | $482.6K |
| Price per sq ft | $251 | $286 |
| Built year | 1996 | 0 |
| HOA | $0 | $0 |
| Days on market | 30 | 1359 |
May 26, 2026
$395,000
Initial Listing