
Phoenix, AZ 85029
This property presents a High-Potential Investment Opportunity with a List Price of $290,000—positioned well below the $304,264 Fair Market Value by 4%. This valuation gap offers $14,264 in Instant Equity for buyers willing to execute a renovation plan. While the home has a Condition Rating of 5, the 4-bedroom, 1,654 sqft layout and No HOA status offer significant upside for forced appreciation. This is a value-add acquisition ideal for Fix-and-Flip Investors or sweat-equity buyers looking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2217 W DAHLIA Drive Subject | $290,000* List Price | 4 | 2 | 1,654 | $184 | - |
A 2143 W EUGIE Avenue Sold | $370,000 | 3 | 2 | 1,646 | $225 | 0.3 mi |
B 13421 N 24TH Avenue Sold | $345,000 | 3 | 2 | 1,572 | $219 | 0.4 mi |
C 13421 N 24TH Avenue Sold | $345,000 | 3 | 2 | 1,572 | $219 | 0.4 mi |
D 13421 N 24TH Avenue Sold | $345,000 | 3 | 2 | 1,572 | $219 | 0.4 mi |
E 2324 W POINSETTIA Drive Sold | $295,000 | 2 | 2 | 1,308 | $226 | 0.7 mi |
F 2528 W SWEETWATER Avenue Sold | $325,000 | 3 | 2 | 2,210 | $147 | 0.4 mi |
G 2407 W LAUREL Lane Pending | $360,000 List Price | 3 | 2 | 1,650 | $218 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1972 (50+ years) with no evidence of recent renovations. The listing explicitly states it needs TLC and is sold AS-IS. Interior photos show severely soiled carpets and dated fixtures, indicating the home requires a full rehab to be move-in ready.
Priced competitively at $290,000 for a 4-bedroom home, this property offers significant upside potential for investors or sweat-equity buyers looking to build value in the Phoenix market.
The absence of a Homeowners Association (HOA) provides owners with greater freedom over their property and eliminates monthly association fees, reducing the overall cost of ownership.
With 4 bedrooms and over 1,600 square feet of living space, the home provides a spacious and versatile floor plan suitable for larger families or those needing extra home office space.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1654, other record living area = 1721.
The property requires significant 'TLC' and updates to reach its full potential, indicating that the buyer will need to budget for immediate renovation and repair costs.
Sold strictly in 'AS-IS' condition with HUD Program restrictions that prohibit the seller from making repairs or providing concessions, limiting the buyer's negotiation leverage.
Excellent opportunity to purchase a home that has good bones but needs some TLC to realize its full potential. This home is being sold AS-IS. The seller is unable to make repairs or provide concessions due to HUD Program restrictions.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,654 | - |
| Lot Size | 6,867 | - |
| Price | $290.0K | $495.4K |
| Price per sq ft | $175 | $290 |
| Built year | 1972 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 1260 |
Jul 20, 2026
$290,000
Initial Listing
Jun 22, 1992
$56,000
Public Record