20828 N 21ST Avenue, Phoenix, AZ 85027, Phoenix, 85027 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85027
This property represents a High-Potential Investment Opportunity with a List Price of $320,000—positioned well below the $379,944 Fair Market Value by 15%. This valuation gap provides $59,944 in Instant Equity for buyers. While currently holding a Fair Condition Rating due to dated interior finishes, the asset boasts critical updates including a newer roof and AC system and No HOA fees. Strategically located near the TSMC development and major freeways, it offers exceptional rental potential. This is a prime acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through customization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20828 N 21ST Avenue Subject | $320,000* List Price | 3 | 2 | 1,231 | $309 | - |
A 20827 N 21st Drive Sold | $355,000 List Price | 3 | 2 | 1,231 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, this property is well-maintained but shows significant signs of its age, placing it firmly in the 'fair' category. While it boasts essential 'big ticket' updates like a newer roof and AC system, the interior features a mix of eras. The kitchen has been partially updated with granite countertops, but retains original oak upper cabinets and older white appliances. The presence of popcorn ceilings throughout, dated light fixtures, and a combination of older tile and laminate flooring indicates that while the home is move-in ready and functional, it requires cosmetic modernization to reach a higher quality grade.
The property features significant recent upgrades including a newer roof, newer AC system, and fresh exterior paint, providing peace of mind and reducing immediate maintenance costs for the buyer.
Situated near the I-17 and Loop 101 interchange and less than 15 minutes from the new TSMC development, the home offers excellent commuting convenience and strong long-term appreciation potential.
The absence of a Homeowners Association allows for greater owner flexibility and lower monthly carrying costs, making it an attractive option for both primary residents and investors seeking rental income.
Built in 1983, the interior may require modern cosmetic finishes to maximize its value and appeal, as the property is positioned as an opportunity to add value through customization.
With a lot size of only 3,490 square feet, the outdoor space is relatively small for a single-family residence, which may limit options for extensive landscaping or large-scale outdoor entertaining.
Great value! Step inside to SOARING CEILINGS, highly favored open floor plan with focal point fireplace, spacious kitchen with island and dining nook perfect for morning breakfast and dinners together! An abundance of windows looking out at your private backyard and filling the home with ENDLESS NATURAL LIGHT, making the home feel that even more open and airy. With NO HOA fees and the desired TWO CAR COVERED PARKING, and FULLY FENCED BACKYARD, imagine cooking dinners on the BBQ out back and intimate firepit space for bonfires under the stars and enough space for projects! This home has excellent value as a primary residence or investment with CONSISTENT RENTAL INCOME POTENTIAL or add custom finishes to quickly increase the value! Appreciate the peace of mind knowing the BIG TICKET ITEMS ALREADY DONE like the NEWER ROOF and NEWER AC!. Plus, the NEW EXTERIOR PAINT in 2026! Easy 5 minutes to I-17 and the 101 for convenient commuting, walkable to breweries, 5 minutes to Costco, Honor Health, AMC Movie Theater, restaurants and less than 15 minutes to new TSMC development and job opportunities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,231 | 1,382.5 | 28% |
| Lot Size | 3,490 | 7,175.5 | 8% |
| Price | $320.0K | $367.5K | 37% |
| Price per sq ft | $260 | $260 | 50% |
| Built year | 1983 | 1985 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 1349 | 0% |
Mar 7, 2026
$320,000
Initial Listing