22360 N 104TH Lane, Peoria, AZ 85383, Peoria, 85383 - 4 bed, 2 bath
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Peoria, AZ 85383
This property presents a High-Potential Investment Opportunity with a List Price of $420,000—positioned well below the $431,189 Fair Market Value by 2%. This valuation gap offers $11,189 in Instant Equity for buyers willing to execute a renovation plan. Featuring a 3-Car Garage and a 4-bedroom layout, the home has a Fair Condition Rating requiring cosmetic updates. Located in a prime Peoria growth corridor, this is a value-add asset ideal for Fix-and-Flip Investors or Contractors seeking to build sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22360 N 104TH Lane Subject | $420,000* List Price | 4 | 2 | 2,162 | $199 | - |
A 10561 W LOUISE Drive Sold | $470,000 | 3 | 2 | 2,167 | $217 | 0.3 mi |
B 10614 W VIA DEL SOL -- Sold | $430,000 | 4 | 2 | 1,732 | $248 | 0.3 mi |
C 10222 W JESSIE Lane Active | $489,000 List Price | 4 | 3 | 2,247 | $218 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005 (19 years old), the property is nearing the 20-year mark and is explicitly described as a 'blank-canvas' that 'needs love.' This indicates original dated finishes in the kitchen and bathrooms and likely requires updates to 20-year-old systems to reach modern standards.
Priced at $420,000 with a recent appraisal of $459,000, this property offers nearly $40,000 in immediate sweat equity, making it an exceptional opportunity for investors or savvy homeowners.
The rare inclusion of a three-car garage on a single-story home provides significant added value for storage, hobby space, or multiple vehicles, which is a high-demand feature in this market.
Situated in the highly sought-after 85383 zip code near top-rated schools, Alta Vista Park, and Loop 303, the location ensures strong long-term appreciation and lifestyle convenience.
The property is marketed as a 'blank canvas' that 'needs love,' implying that a substantial budget and a contractor will be required to address cosmetic or structural deficiencies.
With a 2,162 sq. ft. footprint and a three-car garage on a 6,316 sq. ft. lot, the remaining outdoor area is relatively compact, which may not appeal to buyers seeking a large private yard.
EQUITY OPPORTUNITY IN 85383! Recently Appraised at $459,000 on 7/26. Single-story Engle Home featuring 4 bedrooms, 2 bathrooms, a 3-car garage, and over 2,160 sq. ft. of blank-canvas potential. Needs love, but the upside here is undeniable. This property is being priced to sell. Perfect for a savvy buyer looking to customize their dream home and build instant sweat equity in Peoria's premier growth corridor. Located near top-rated schools, Alta Vista Park, and loop 303 access. Bring your contractor, your vision, and your highest offer. This one will fly!
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 | 2,162 | - |
| Lot Size | 6,316 | - |
| Price | $420.0K | $553.1K |
| Price per sq ft | $194 | $267 |
| Built year | 2005 | 0 |
| HOA | $160 | $0 |
| Days on market | 26 | 2418 |
Jun 26, 2026
$420,000
Initial Listing