2301 E LYNNE Lane, Phoenix, AZ 85042, Phoenix, 85042 - 3 bed, 1 bath
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Phoenix, AZ 85042
This Recently Renovated Residence is a High-Potential Investment Opportunity, listed at $290,000—positioned well below the $363,609 Fair Market Value by 20%. This significant valuation gap provides $73,609 in Instant Equity. Boasting an Excellent Condition Rating, the home features a modern kitchen with white shaker cabinets, stainless steel appliances, and wood-look flooring. With no HOA restrictions and a large backyard featuring a covered patio, the property offers lifestyle flexibility near T G Barr School. This is a premier acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2301 E LYNNE Lane Subject | $285,000* List Price | 3 | 1 | 900 | $322 | - |
A 1837 E PLEASANT Lane Sold | $250,000 | 3 | 1 | 947 | $264 | 0.5 mi |
B 6613 S 21ST Place Sold | $235,000 | 2 | 1 | 900 | $261 | 0.3 mi |
C 1706 E Fremont Road Sold | $365,000 | 3 | 2 | 1,103 | $331 | 1.0 mi |
D 1706 E Fremont Road Sold | $365,000 | 3 | 2 | 1,103 | $331 | 1.0 mi |
E 2242 E Nancy Lane Pending | $338,000 List Price | 3 | 2 | 1,219 | $277 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1959, the property has undergone an extensive recent interior renovation that meets current market standards. The interior features modern wood-look flooring, recessed lighting, and a fully updated kitchen with white shaker cabinets, solid surface countertops, and stainless steel appliances. The move-in ready condition and lack of visible deferred maintenance in the updated areas justify an excellent rating.
The home features contemporary upgrades including white shaker cabinets, solid surface countertops, stainless steel appliances, and wood-look flooring, offering a move-in-ready aesthetic.
The absence of a Homeowners Association provides owners with greater freedom over their property and eliminates monthly association fees, enhancing long-term affordability.
Situated on a 6,003 sqft lot with a covered patio and storage shed, the property offers significant space for outdoor entertaining or future landscaping projects.
With only 900 square feet of living space for a three-bedroom layout, the interior rooms and common areas may feel constrained for larger households.
The presence of only one bathroom in a three-bedroom home can be a significant inconvenience for families and may impact the property's competitive edge in the market.
Seize the chance to own this charming 3-bedroom residence with no HOA! Inside, you'll find an open layout with a soothing palette, recessed lighting, and wood-look flooring. The kitchen has solid surface coutners, white shaker cabinets, and sleek stainless steel appliances. All bedrooms are cozy and well-sized, providing a private retreat for a good night's sleep. Venture out onto the sizeable backyard, offering a covered patio, a shed for additional storage, natural turf, and abundant space for crafting your dream outdoor oasis. Don't miss out on this fantastic investment opportunity!
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 900 | 1,869 | 3% |
| Lot Size | 6,003 | 7,465.5 | 21% |
| Price | $285.0K | $412.5K | 32% |
| Price per sq ft | $317 | $227 | 94% |
| Built year | 1959 | 2001 | 6% |
| HOA | $0 | $98 | 34% |
| Days on market | 56 | 1331 | 0% |
Apr 20, 2026
$285,000
$290,000
-2% Price Drop
Initial Listing
Feb 25, 2026
$290,000
Initial Listing