20807 N 3RD Avenue, Phoenix, AZ 85027, Phoenix, 85027 - 3 bed, 3 bath
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Phoenix, AZ 85027
This Modernized Two-Story Residence is a High-Potential Investment Opportunity, listed at $425,000—positioned well below the $518,384 Fair Market Value by 18%. This significant valuation gap offers $93,384 in Instant Equity. Boasting a Condition Rating of 3, the home features a designer kitchen with butcher block counters, shaker cabinets, and stainless steel appliances. The 1,853 sqft layout includes a versatile loft and mountain views. This property is a perfect match for Owner-Occupants building immediate wealth or Buy-and-Hold Investors seeking a high-equity, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20807 N 3RD Avenue Subject | $425,000* List Price | 3 | 3 | 1,853 | $280 | - |
A 20809 N 1ST Avenue Sold | $469,900 | 3 | 3 | 1,853 | $254 | 0.2 mi |
B 164 W MOHAWK Drive Sold | $399,900 | 3 | 2 | 1,350 | $296 | 0.1 mi |
C 164 W MOHAWK Drive Sold | $399,900 | 3 | 2 | 1,350 | $296 | 0.1 mi |
D 164 W MOHAWK Drive Sold | $399,900 | 3 | 2 | 1,350 | $296 | 0.1 mi |
E 20809 N 1ST Avenue Sold | $469,900 | 3 | 3 | 1,853 | $254 | 0.2 mi |
F 164 W MOHAWK Drive Sold | $399,900 | 3 | 2 | 1,350 | $296 | 0.1 mi |
G 1307 W ESCUDA Road Pending | $439,900 List Price | 3 | 3 | 1,556 | $283 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent cosmetic renovations. The kitchen is updated with modern white shaker cabinets, butcher block countertops, shiplap backsplash, and stainless steel appliances. The interior features updated wood-look flooring and a contemporary designer paint palette. While the home was built in 1995, these extensive updates to the primary living spaces and surfaces elevate its condition, though it remains in the 'good' category as it is not a brand-new construction or a total system-wide gut renovation.
The home features a stylishly updated kitchen with butcher block counters, white shaker cabinets, and stainless steel appliances, complemented by contemporary wood-look flooring and a designer color palette.
Situated adjacent to a common area, this property offers increased privacy and a more open feel compared to standard interior lots within the Rose Garden Lane subdivision.
The interior boasts soaring ceilings in the formal living room and vaulted ceilings in the primary suite, creating an airy, expansive atmosphere that maximizes the 1,853 square foot layout.
The assigned public schools for this area currently hold lower ratings, ranging from 3 to 5 out of 10, which may be a drawback for education-focused buyers.
The designated elementary school is located nearly 15 miles away, which could present significant logistical and commuting challenges for families with young children.
Fantastic two-story home in Rose Garden Lane awaits you! Sits adjacent to a common area, adding extra privacy. The inviting interior features tons of natural light, a designer palette, and tile & wood-look flooring. You'll love the formal living room w/soaring ceiling, and a seamlessly flowing family & dining room! The kitchen boasts built-in appliances w/SS range, butcher block counters, shiplap-style backsplash, white shaker cabinets, a walk-in pantry, and a peninsula w/breakfast bar. All bedrooms await upstairs, along with a versatile loft that can be a TV area! The main bedroom has a vaulted ceiling and an ensuite with dual sinks & a walk-in closet. Check out the large backyard, offering a desert landscape, covered patio, & extended pavers! Plus a 2-car garage! Welcome home!
No exterior & parking available.
Grades K-5 • 14.8 mi
Grades 7-8 • 2.3 mi
Grades 9-12 • 2.3 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 | 88% |
| Square foot | 1,853 | 1,390.5 | 84% |
| Lot Size | 4,460 | 7,175.5 | 23% |
| Price | $425.0K | $369.0K | 70% |
| Price per sq ft | $229 | $259 | 33% |
| Built year | 1995 | 1985 | 73% |
| HOA | $99 | $0 | 91% |
| Days on market | 38 | 1349 | 0% |
Mar 19, 2026
$425,000
Initial Listing