2316 W PORT ROYALE Lane, Phoenix, AZ 85023, Phoenix, 85023 - 3 bed, 2 bath
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Phoenix, AZ 85023
This Single Family Residence is a Strong Value Opportunity, listed at $450,000—positioned well below the $454,665 Fair Market Value by 1%. This valuation gap offers $4,665 in Instant Equity. Featuring a Condition Rating of 3, the home includes a private swimming pool, covered patio, and no HOA restrictions. Zoned for the highly-rated Thunderbird High School, this property balances lifestyle appeal with financial stability. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home with long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2316 W PORT ROYALE Lane Subject | $450,000* List Price | 3 | 2 | 1,496 | $304 | - |
A 1739 W BANFF Lane Sold | $549,900 | 3 | 2 | 1,709 | $322 | 0.7 mi |
B 1739 W Banff Lane Sold | $549,900 | 3 | 2 | 1,709 | $322 | 0.7 mi |
C 1734 W BANFF Lane Sold | $528,500 | 3 | 2 | 1,754 | $301 | 0.8 mi |
D 14815 N 24th Drive Sold | $405,000 | 4 | 2 | 1,687 | $240 | 0.1 mi |
E 2424 W DAILEY Street Sold | $399,000 List Price | 3 | 2 | 1,822 | 0.6 mi | |
F 2353 W TIERRA BUENA Lane Sold | $473,000 | 4 | 2 | 1,752 | $270 | 0.5 mi |
G 1739 W BANFF Lane Sold | $549,900 | 3 | 2 | 1,709 | $322 | 0.7 mi |
H 1739 W BANFF Lane Sold | $549,900 | 3 | 2 | 1,709 | $322 | 0.7 mi |
I 14643 N 25TH Avenue Pending | $435,000 List Price | 4 | 2 | 1,601 | $272 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1974, the property has undergone significant cosmetic renovations within the last 5-15 years. The kitchen features updated quartz countertops, a modern backsplash, and stainless steel appliances, while the bathrooms have been refreshed with newer vanities and tile work. The home is well-maintained and move-in ready, though some dated elements like popcorn ceilings and fluorescent light boxes remain.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8442, living area = 1496.
The property features a large swimming pool, a spacious covered patio, and mature fruit trees, offering a complete outdoor retreat ideal for the Arizona climate.
With an association fee of $0, this home provides significant monthly savings and greater freedom for owners to utilize and modify their property without restrictive oversight.
Built in 1974, the property may require updates to major mechanical systems and cosmetic finishes to meet the expectations of modern buyers.
At 1,496 square feet, the living space is relatively compact for a three-bedroom home, which may feel restrictive for those seeking a more expansive or open-concept layout.
Outstanding Value! This charming 3-bedroom, 2-bath home with a 2-car garage offers comfort, functionality, and an unbeatable location. The backyard is a true retreat, featuring a spacious covered patio that's perfect for outdoor dining, entertaining, or relaxing, along with a large swimming pool ready for the warm Arizona days ahead. Mature fruit trees add beauty and character to the outdoor space. Inside, you'll find a cozy fireplace in the living room, creating a warm and inviting atmosphere. Whether you're a first-time homebuyer, downsizing, or looking for a great investment opportunity, this home offers exceptional value. Conveniently located near major freeways, shopping, dining, schools, and everyday amenities, this is a property you won't want to miss.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 1.8 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,496 | - |
| Lot Size | 8,442 | - |
| Price | $450.0K | $495.4K |
| Price per sq ft | $301 | $290 |
| Built year | 1974 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 1260 |
Jun 25, 2026
$450,000
Initial Listing