
Phoenix, AZ 85027
This Value-Add Residential Asset is listed at $415,000, strategically located near the I-17 corridor and Deer Valley Park. While the $348,231 Fair Market Value indicates a current market premium, the property’s Condition Rating of 4 and "foundation for updates" status provide a clear opportunity for forced appreciation. The spacious 8,812 sqft lot features a private pool and patio, offering significant outdoor potential. This property is a prime acquisition for Fix-and-Flip Investors or Value-Add Buyers looking to modernize a functional split floor plan in a high-demand Phoenix neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2102 W MARCO POLO Road Subject | $415,000* List Price | 3 | 2 | 1,400 | $249 | - |
A 2245 W SEQUOIA Drive Sold | $383,000 | 3 | 2 | 1,540 | $249 | 0.4 mi |
B 2245 W SEQUOIA Drive Sold | $383,000 | 3 | 2 | 1,540 | $249 | 0.4 mi |
C 1425 W SEQUOIA Drive Sold | $370,000 | 3 | 2 | 1,417 | $261 | 0.8 mi |
D 1425 W SEQUOIA Drive Sold | $370,000 | 3 | 2 | 1,417 | $261 | 0.8 mi |
E 2115 W MORROW Drive Sold | $399,990 | 3 | 2 | 1,428 | $280 | 0.7 mi |
F 2241 W TONTO Lane Sold | $310,000 | 3 | 2 | 1,283 | $242 | 0.3 mi |
G 19201 N 23RD Avenue Active Under Contract | $325,000 List Price | 3 | 2 | 1,430 | $227 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982 (42 years old), the property shows signs of mid-life updates such as ceramic tile flooring and a stone fireplace surround, likely from 15-20 years ago. However, the listing description explicitly mentions the home provides a 'foundation for updates,' which is standard industry language for a dated interior. While functional and move-in ready, the kitchen and baths likely require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8812, living area = 1400.
Situated steps from Deer Valley Park and Community Center with immediate access to I-17, offering exceptional convenience for recreation and commuting.
The generous 8,812 sqft lot provides significant outdoor space for potential expansion, ADU possibilities, or creating a customized backyard retreat.
Built in 1982 and marketed as a 'foundation for updates,' the property likely requires capital investment to modernize finishes and systems to current market standards.
At 1,400 square feet for a three-bedroom home, the interior living spaces may feel constrained compared to newer residential developments in the Phoenix area.
Opportunity meets location--steps from Deer Valley Park & Community Center, this is where your next move makes sense.** This single-level home offers a split floor plan for privacy and flexibility, ideal for both everyday living and long-term value. Set on a spacious lot, there's room to create outdoor living, expand, or simply enjoy the space. Inside, the functional light and bright layout provides a strong foundation for updates tailored to your style. Convenient access to I-17, shopping, and dining adds everyday ease. Whether you're looking for a smart investment, a place to personalize, or a home to grow into,this property delivers potential you can see--and build on. Seller is motivated to move on to next chapter!
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 | 1,400 | 1,371 | 51% |
| Lot Size | 8,812 | 7,071 | 86% |
| Price | $415.0K | $367.0K | 70% |
| Price per sq ft | $296 | $256 | 69% |
| Built year | 1982 | 1985 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 1213 | 0% |
May 5, 2026
$415,000
Initial Listing