
Phoenix, AZ 85015
This Extensively Renovated Value-Add Residence is listed at $415,000, aligning perfectly with its $415,000 Fair Market Value. Boasting a Good Condition Rating, the home underwent a down-to-the-studs reconstruction featuring a new roof, HVAC, and plumbing. The modern floor plan is highlighted by 12-foot ceilings and sits on a massive 10,102 sqft irrigated corner lot with no HOA. Near R E Simpson School, the property offers forced appreciation potential through its nearly complete carport conversion. It is a strategic choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2303 W MARSHALL Avenue Subject | $415,000* List Price | 4 | 3 | 2,149 | $193 | - |
A 2010 W HAZELWOOD Street Sold | $475,000 List Price | 4 | 3 | 2,360 | 1.0 mi | |
B 2101 W LUKE Avenue Sold | $434,300 | 4 | 2 | 1,945 | $223 | 0.3 mi |
C 2122 W KEIM Drive Sold | $404,500 | 4 | 2 | 1,898 | $213 | 0.7 mi |
D 2040 W HAZELWOOD Street Sold | $480,000 | 3 | 2 | 1,924 | $249 | 1.0 mi |
E 6246 N 23RD Avenue Sold | $370,000 | 4 | 3 | 2,250 | $164 | 0.8 mi |
F 2206 W RANCHO Drive Active | $450,000 List Price | 4 | 2 | 1,916 | $235 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent an extensive down-to-the-studs renovation between 2019-2022, featuring all-new major systems including the roof, HVAC, plumbing, and electrical. The interior boasts modern upgrades such as 12-foot ceilings, a contemporary kitchen with white cabinetry and stainless appliances, and a high-end master bathroom with a freestanding tub and custom tile work. It is rated 'good' rather than 'excellent' because the renovation is 'nearly complete' but requires final finishing touches, landscaping, and the completion of a carport conversion.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10102, living area = 2149.
Taken down to the studs and permitted by the city, the home features a new roof, AC, plumbing, electrical, and windows, offering peace of mind and reduced long-term maintenance costs.
The redesigned floor plan boasts impressive 12-foot ceilings in the main living area and master suite, creating a contemporary, airy atmosphere rarely found in mid-century builds.
The property requires final finishing touches and the completion of a carport conversion, which may pose challenges for traditional financing and requires immediate post-purchase capital.
The local public schools carry low ratings (ranging from 1 to 3), which could impact long-term resale value and appeal to families prioritizing educational performance.
Great opportunity! 4 bedrooms, 3 bathrooms, located on a large irrigated corner lot. Home was in the process of being completely renovated between 2019-2022 with its new floor plan, all permitted by the city of Phoenix. Doc tab has a registered site plan. During the renovation, this home was taken down to the studs. Key upgrades include a new roof, air conditioning system, plumbing (from the main line throughout the home), windows, interior electrical wiring, and insulation. The west wall even features injection foam insulation. Additionally, the main living area and master bedroom/bathroom now enjoy 12-foot ceilings. Improvements are underway to convert the carport into a potential office, guest house, or other use after additional construction. While the home is nearly complete, it awaits some final touches. No HOA!
No exterior & parking available.
Grades K-3 • 0.8 mi
Grades 4-8 • 0.2 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 3.0 | 2.0 | 87% |
| Square foot | 2,149 | 1,474.5 | 89% |
| Lot Size | 10,102 | 7,693 | 88% |
| Price | $415.0K | $370.0K | 64% |
| Price per sq ft | $193 | $263 | 33% |
| Built year | 1954 | 1951 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 247 | 994 | 34% |
Aug 22, 2025
$415,000
Initial Listing