
Phoenix, AZ 85015
This Renovated Historic Ranch is a Strong Value Opportunity, listed at $539,900—positioned well below the $569,652 Fair Market Value by 5%. This valuation gap provides $29,752 in Instant Equity. Boasting a Mint Condition Rating, the home features a High-End Chef’s Kitchen with Wolf appliances, quartzite waterfall counters, and Nest Smart Technology. The expansive 9,291 sqft lot offers significant potential for an ADU or custom expansion near Maie Bartlett Heard School. This residence is an elite find for Owner-Occupants or Lifestyle-Conscious Buyers seeking a turnkey historic sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2111 W MULBERRY Drive Subject | $539,900* List Price | 3 | 2 | 2,153 | $265 | - |
A 3318 N 17TH Drive Sold | $630,000 | 4 | 2 | 2,113 | $298 | 0.4 mi |
B 2240 W CHEERY LYNN Road Sold | $501,000 | 3 | 2 | 1,781 | $281 | 0.2 mi |
C 1735 W Mitchell Drive Sold | $595,000 | 3 | 2 | 1,949 | $305 | 0.4 mi |
D 1735 W Mitchell Drive Sold | $595,000 | 3 | 2 | 1,949 | $305 | 0.4 mi |
E 1639 W INDIANOLA Avenue Sold | $595,000 | 3 | 2 | 2,160 | $275 | 0.6 mi |
F 2938 N 18TH Avenue Sold | $475,000 | 3 | 3 | 2,171 | $219 | 0.5 mi |
G 1936 W CLARENDON Avenue Active Under Contract | $540,000 List Price | 3 | 2 | 2,134 | $253 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years. It features a brand-new roof, updated electrical with Lutron/Nest smart systems, and a modern tankless water heater. The kitchen and bathrooms are fully modernized with luxury finishes including quartzite waterfall countertops, Wolf appliances, and designer tile work, meeting the criteria for mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9291, living area = 2153.
The kitchen features premium upgrades including a Wolf gas range, quartzite waterfall countertops, double ovens, and a wine fridge, offering a luxury culinary experience rarely found at this price point.
The home seamlessly blends 1940s reclaimed brick accents with essential modern upgrades, including a brand-new roof, tankless water heater, and integrated Nest smart home technology.
The local public schools carry lower-than-average ratings, which may be a consideration for families prioritizing high-performing educational districts.
Located in a 1950s subdivision, the property may be subject to the limitations of older municipal infrastructure and varying levels of upkeep in the immediate surrounding area.
Brand New Roof! Nestled in a sought-after historic neighborhood, this beautifully renovated ranch-style home blends timeless character with contemporary luxury. Featuring 3 bedrooms, 2 bathrooms, plus a dedicated office off the primary suite, this residence is designed for both comfort and functionality. The home's unique charm is highlighted by an addition constructed with reclaimed red bricks from the 1940s Arizona State Fair building, seamlessly integrating history with modern design. Inside, exposed red brick walls, vaulted ceilings, and upscale lighting create an inviting ambiance. French white oak flooring flows throughout the home, with elegant tile in the bathrooms for a refined touch. The expansive kitchen is a chef's dream, boasting 38'' white cabinetry, quartzite countertops with waterfall edge, a Wolf gas range, double ovens, a wine fridge, walk-in pantry, and a complete water filtration system. The luxurious primary suite is a true retreat with a walk-in closet, dual vanities, a soaking tub, an extended tile shower with a bench, and a private water closet. Modern upgrades include updated electrical with Lutron switches for lighting and fans, Nest cameras, a Nest thermostat, and Nest smoke detectors. The home also features a gas, on-demand tankless water heater for efficiency and comfort. Outside, the spacious backyard offers endless possibilities whether you envision a lush garden, a custom outdoor living space, an ADU or oversized garage. This home is a rare blend of historic character and modern luxury - don't miss the opportunity to make it yours!
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades K-8 • 2.5 mi
Grades 9-12 • 2.1 mi
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 | 2,153 | 1,474.5 | 89% |
| Lot Size | 9,291 | 7,693 | 78% |
| Price | $539.9K | $370.0K | 85% |
| Price per sq ft | $251 | $263 | 44% |
| Built year | 1952 | 1951 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 994 | 1% |
Apr 22, 2026
$539,900
Initial Listing