
Phoenix, AZ 85022
This High-Potential Investment Opportunity is listed at a List Price of $430,000, positioned well below the $447,383 Fair Market Value by 3%. This valuation gap provides $17,383 in Instant Equity. Featuring a new HVAC system, mountain views, and an extended covered patio, the home maintains a Fair Condition Rating due to original interior finishes. While school ratings are modest, the property offers a functional, open-concept layout. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2315 E EDNA Avenue Subject | $430,000* List Price | 3 | 2 | 1,511 | $296 | - |
A 2116 E KINGS Avenue Sold | $488,000 | 3 | 2 | 1,784 | $274 | 0.3 mi |
B 2040 E ANGELA Drive Sold | $485,000 | 3 | 2 | 1,375 | $353 | 0.7 mi |
C 2106 E AIRE LIBRE Avenue Pending | $500,000 List Price | 3 | 2 | 1,873 | $267 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1997 (27+ years old) and features original, dated kitchen and bathroom finishes including oak cabinetry and white appliances. While the home is well-maintained and benefits from a new HVAC system, the age of the interior components and lack of recent renovations align with the 'Fair' criteria.
The property features a brand-new HVAC system, providing significant value and peace of mind regarding future maintenance costs in the Phoenix climate.
The single-level, open-concept floor plan with vaulted ceilings is complemented by scenic mountain views, enhancing the home's sense of space and aesthetic appeal.
An extended covered patio and a lush, maturely landscaped backyard offer an ideal environment for outdoor entertaining and enjoying the Arizona lifestyle.
The assigned middle and high schools have lower academic ratings (2/10 and 4/10), which may be a deterrent for families prioritizing education quality.
At 1,511 square feet on a 5,811 square foot lot, the property offers a relatively modest footprint that may feel restrictive for larger families or those seeking more privacy.
Welcome home to this beautifully maintained single-level residence featuring an open-concept layout with spacious living and dining areas, vaulted ceilings, and abundant natural light. The kitchen offers generous cabinet and counter space, a breakfast bar, and seamless flow for everyday living and entertaining. The split primary suite includes a walk-in closet, dual-sink vanity, and private bath. Enjoy Arizona living under the extended covered patio overlooking a lush grassy backyard with mature landscaping and room to relax or play. Additional highlights include a NEW HVAC system, indoor laundry, 2-car garage, and a desirable North Phoenix location near shopping, dining, parks, and major commuter routes.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,511 | - |
| Lot Size | 5,811 | - |
| Price | $430.0K | $495.4K |
| Price per sq ft | $285 | $290 |
| Built year | 1997 | 0 |
| HOA | $127 | $0 |
| Days on market | 21 | 1260 |
Jul 1, 2026
$430,000
Initial Listing