
Phoenix, AZ 85085
This Spacious Single-Family Residence is a High-Potential Investment Opportunity, listed at $560,000—positioned well below the $575,947 Fair Market Value by 2%. This valuation gap offers $15,947 in Instant Equity. The property maintains a Good Condition Rating, featuring a functional layout with a large covered patio and proximity to the Norterra Canyon K-8 school. While cosmetic updates will enhance long-term value, the strategic location near TSMC ensures strong demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2124 W RED BIRD Road Subject | $553,000* List Price | 4 | 2 | 2,174 | $249 | - |
A 2116 W BONANZA Lane Sold | $615,000 | 4 | 2 | 2,339 | $263 | 0.1 mi |
B 2116 W BONANZA Lane Sold | $615,000 | 4 | 2 | 2,339 | $263 | 0.1 mi |
C 1828 W BLACK HILL Road Sold | $618,000 | 4 | 3 | 2,641 | $234 | 0.6 mi |
D 2326 W GAMBIT Trail Sold | $470,000 | 4 | 2 | 1,782 | $264 | 0.5 mi |
E 2529 W BIG OAK Street Sold | $527,500 | 4 | 3 | 2,232 | $236 | 0.6 mi |
F 1815 W TOMBSTONE Trail Sold | $507,000 List Price | 3 | 3 | 2,286 | 0.4 mi | |
G 2510 W WHITE FEATHER Lane Sold | $500,000 | 4 | 3 | 2,206 | $227 | 0.8 mi |
H 2510 W WHITE FEATHER Lane Sold | $500,000 | 4 | 3 | 2,206 | $227 | 0.8 mi |
I 27507 N 19TH Drive Active | $675,000 List Price | 4 | 2 | 2,052 | $329 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is exactly 20 years old. The kitchen and bathrooms feature original oak cabinetry and white countertops which are functional and well-maintained but dated. The home appears move-in ready and the listing explicitly mentions it is priced to allow for cosmetic updates, fitting the 'Good' criteria for its age bracket.
The property is ideally situated near the TSMC facility and The Shops at Norterra, offering excellent proximity to major employment hubs, dining, and retail.
With 2,174 square feet and four bedrooms, the home features a well-proportioned floor plan including a large primary suite with a walk-in closet and dual-sink ensuite.
The residence boasts a large covered and extended patio, providing a significant value-add for outdoor living and social gatherings.
The home is specifically priced to reflect the need for cosmetic updates and upgrades, suggesting that the interior finishes may be dated.
Built in 2006, the property is approaching a timeframe where major systems like the HVAC or roof may require inspection or replacement if not already addressed.
Welcome to this well-located North Phoenix home offering comfort, space, and incredible potential. Inside, you'll find a functional layout ready for your personal touch. The primary bedroom is spacious, and the ensuite has both a shower and tub, as well as dual sinks and a large walk-in closet. With three guest bedrooms, there is plenty of room for family and guests. Large covered and extended patio is great for entertaining! Thoughtfully priced to allow for updates and upgrades, this is a wonderful opportunity to create a home that truly reflects your style. Ideally situated and just minutes from the stores and dining at The Shops at Norterra, you'll enjoy both convenience and lifestyle. Also located near TSMC, and easy access to I-17 for quick trips to Sedona and Flagstaff.
No exterior & parking available.
Grades K-5 • 18.3 mi
Grades PK-8 • 0.1 mi
Grades 7-8 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,174 | - |
| Lot Size | 6,875 | - |
| Price | $553.0K | $495.4K |
| Price per sq ft | $254 | $290 |
| Built year | 2006 | 0 |
| HOA | $210 | $0 |
| Days on market | 76 | 1260 |
Jul 17, 2026
$553,000
$560,000
-1% Price Drop
Initial Listing
May 8, 2026
$560,000
Initial Listing