23132 N 126TH Lane, Peoria, AZ 85373, Peoria, 85373 - 3 bed, 3 bath
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23132 N 126TH Lane
Peoria, AZ 85373
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,952Sq Ft
5,175Lot Size
Property Price
LIST PRICE$425,000
EST. MARKET VALUE
$447,201
4% BelowMARKET VALUE
SUMMARY
This Modern Single-Family Residence is a Strong Value Opportunity, listed at $425,000—positioned well below the $446,417 Fair Market Value by 4%. This valuation gap offers $21,417 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this 2019 build includes quartz countertops, a tankless water heater, and a versatile bonus room. Located near the Loop 303 with access to highly-rated schools like Parkridge Elementary, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, energy-efficient home.
Estimated Market Value
$447,201+$22,201 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Peoria.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23132 N 126TH Lane Subject 3 bd · 3 ba · 1,952 sqft · $229 | $425,000* List Price | 3 | 3 | 1,952 | $229 | - |
A 23535 N EL FRIO Court Sold 3 bd · 3 ba · 2,228 sqft · $193 · 0.3 mi | $430,000 | 3 | 3 | 2,228 | $193 | 0.3 mi |
B 11715 W PLANADA Court Sold 3 bd · 3 ba · 1,958 sqft · $217 · 0.4 mi | $425,000 | 3 | 3 | 1,958 | $217 | 0.4 mi |
C 11930 W Camino Vivaz Street Sold 3 bd · 2 ba · 1,310 sqft · $267 · 0.3 mi | $350,000 | 3 | 2 | 1,310 | $267 | 0.3 mi |
D 11829 W PLANADA Court Sold 4 bd · 2 ba · 1,702 sqft · $235 · 0.3 mi | $400,000 | 4 | 2 | 1,702 | $235 | 0.3 mi |
E 11739 W DONALD Drive Active 3 bd · 2 ba · 1,901 sqft · $229 · 0.6 mi | $435,000 List Price | 3 | 2 | 1,901 | $229 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2019, this home is less than 10 years old and remains in mint condition. It features contemporary finishes including quartz countertops, stainless steel appliances, and modern energy-efficient systems like a tankless hot water heater.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Efficiency
Built in 2019, this home features contemporary finishes like quartz countertops and energy-efficient upgrades including a tankless water heater and integrated network connections throughout.
- Versatile Floor Plan
The layout offers exceptional flexibility with three full bathrooms, a dedicated bonus room, and a large secondary space off the laundry room suitable for a home gym or butler's pantry.
- Broad Market Appeal
Located outside of age-restricted 55+ communities, this property is accessible to a wider range of buyers and is conveniently situated near the Loop 303 for easy commuting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5175, other record lot size in square feet = 7475. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1952, other record living area = 2227.
- Compact Lot Size
At 5,175 square feet, the lot is relatively small, which may limit outdoor activities or the ability to add significant backyard amenities like a large pool.
- School Proximity
While the assigned schools have high ratings, they are located several miles from the property, which may be a drawback for families seeking a walkable school environment.
About 23132 N 126TH Lane
This home is NOT located in the 55+ community and has no age restrictions. Constructed in 2019, the floor plan includes three generously sized bedrooms, three full bathrooms, and a separate bonus room ideal for working from home, hobbies, or additional living space. In addition, there is a huge space off of the laundry room that would be a perfect mudroom, butler's pantry or home gym! You'll also find contemporary finishes and practical features, including quartz countertops, network connections throughout the home, and an energy-efficient tankless hot water heater. The oversized garage offers valuable overhead storage to help keep everything organized. The outdoor space offers garage offers valuable overhead storage to help keep everything organized. The outdoor space offers a covered patio and is ready to enjoy, whether you're hosting friends, grilling on the weekend, or simply unwinding after a long day. Easy access to Loop 303 puts shopping, dining, entertainment, and destinations across the Valley within convenient reach. Well maintained, move in ready, and competitively priced, this property offers a rare opportunity to own a newer home in a highly desirable location. Don't miss your chance to make it yours.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2019
- Lot Size
- 5,175 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $102 / Month
Neighborhood Insights
Peoria Unified Schools
Zuni Hills Elementary School
Grades PK-8 • 1.6 mi
6/10
Parkridge Elementary School
Grades PK-8 • 3.3 mi
8/10
Liberty High School
Grades 7-12 • 3.2 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,952 | 2,151.67 |
| Lot Size | 5,175 | 7,333.694 |
| Price | $425.0K | $532.5K |
| Price per sq ft | $218 | $260 |
| Built year | 2019 | 2005 |
| HOA | $102 | $174 |
| Days on market | 135 | 86 |
Pricing History
Listed for Sale
Jun 11, 2026
$425,000
Initial Listing