20341 N 109TH Avenue, Peoria, AZ 85373, Peoria, 85373 - 2 bed, 2 bath
Loading property details...
20341 N 109TH Avenue
Peoria, AZ 85373
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,776Sq Ft
7,737Lot Size
Property Price
LIST PRICE$360,000
EST. MARKET VALUE
$393,580
8% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $375,000—positioned well below the $395,171 Fair Market Value by 5%. This valuation gap offers $20,171 in Instant Equity for the buyer. Featuring a Modernized Kitchen and Condition Rating 2, the home offers a move-in ready lifestyle with a flexible den and a spacious cul-de-sac lot. Located near Top-Rated Schools like Parkridge Elementary, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term stability.
Estimated Market Value
$393,580+$33,580 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Peoria.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20341 N 109TH Avenue Subject 2 bd · 2 ba · 1,776 sqft · $222 | $360,000* List Price | 2 | 2 | 1,776 | $222 | - |
A 20444 N 110TH Avenue Sold 3 bd · 2 ba · 1,896 sqft · $223 · 0.2 mi | $422,500 | 3 | 2 | 1,896 | $223 | 0.2 mi |
B 20347 N 109TH Lane Sold 3 bd · 2 ba · 1,503 sqft · $256 · 0.1 mi | $385,000 | 3 | 2 | 1,503 | $256 | 0.1 mi |
C 10914 W CIMARRON Drive Sold 2 bd · 2 ba · 1,762 sqft · $191 · 0.6 mi | $337,000 | 2 | 2 | 1,762 | $191 | 0.6 mi |
D 20056 N 107TH Lane Sold 2 bd · 2 ba · 1,880 sqft · $210 · 0.3 mi | $395,000 | 2 | 2 | 1,880 | $210 | 0.3 mi |
E 20324 N 110TH Lane Sold 3 bd · 2 ba · 2,234 sqft · $208 · 0.4 mi | $465,000 | 3 | 2 | 2,234 | $208 | 0.4 mi |
F 10722 W IRMA Lane Active 2 bd · 2 ba · 1,685 sqft · $220 · 0.1 mi | $370,000 List Price | 2 | 2 | 1,685 | $220 | 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.
Although built in 1991, the property features a high-end modern kitchen renovation (likely <5 years old) with white shaker cabinets, quartz countertops, and stainless steel appliances. The interior is in mint condition with updated wood-look tile flooring and plantation shutters, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7737, living area = 1776.
- Modernized Kitchen & Interior
The home features a fully updated kitchen with quartz countertops, white shaker cabinets, and stainless steel appliances, complemented by premium plantation shutters and vaulted ceilings.
- Flexible Living Space
A dedicated den/office provides an ideal setup for remote work or can be easily converted into a third bedroom to increase the home's utility and future resale value.
CONSRISKS & DEFICIENCIES
- Short Sale Complexity
As a short sale, the transaction requires third-party lender approval, which typically results in a significantly extended and less predictable closing timeline.
- Limited Formal Bedrooms
The current two-bedroom configuration may limit appeal for larger families or buyers specifically seeking a move-in ready three-bedroom residence.
About 20341 N 109TH Avenue
UPGRADED - CLEAN - SHUTTERS Single-level cul-de-sac home is a dream. Vaulted ceilings, plantation shutters, and a modern kitchen that delivers: white shaker cabinets with handles, quartz counters with undermount sink, tile backsplash and stainless appliances include smooth top stove and microwave. Large master bedroom suite with bay window, raised dual sink vanity and separate tub and shower. Den/office off the main living area works for remote work or a quiet retreat. Could be turned into a additional bedroom. Built-in garage cabinets keep things organized. Plentiful fruit trees in the backyard. This is a short sale so closing will take some extra time but this house is work it!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- Lot Size
- 7,737 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $360 / Month
Neighborhood Insights
Peoria Unified Schools
Parkridge Elementary School
Grades PK-8 • 1.0 mi
8/10
Sunrise Mountain High School
Grades 7-12 • 3.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,776 | 2,151.67 |
| Lot Size | 7,737 | 7,333.694 |
| Price | $360.0K | $532.5K |
| Price per sq ft | $203 | $260 |
| Built year | 1991 | 2005 |
| HOA | $360 | $174 |
| Days on market | 39 | 86 |
Pricing History
Listed for Sale
Oct 21, 2026
$360,000
$375,000
-4% Price Drop
Initial Listing
Price Change
Sep 15, 2026
$375,000
Initial Listing