2327 N 31ST Street, Phoenix, AZ 85008, Phoenix, 85008 - 3 bed, 3 bath
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Phoenix, AZ 85008
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $450,000—positioned well below the $455,975 Fair Market Value by 1%. This valuation gap offers $5,975 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a comprehensive modern remodel, including vaulted ceilings and a split floor plan. With a large 8,133 sqft lot and no HOA, it offers significant development potential. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2327 N 31ST Street Subject | $450,000* List Price | 3 | 3 | 1,734 | $263 | - |
A 2612 N 31ST Street Sold | $384,000 | 3 | 2 | 1,518 | $253 | 0.2 mi |
B 2612 N 31ST Street Sold | $384,000 | 3 | 2 | 1,518 | $253 | 0.2 mi |
C 2110 N 25TH Place Sold | $500,000 | 3 | 2 | 1,502 | $333 | 0.7 mi |
D 2110 N 25TH Place Sold | $500,000 | 3 | 2 | 1,508 | $332 | 0.7 mi |
E 3827 E Vernon Avenue Sold | $445,000 | 4 | 3 | 1,941 | $229 | 1.0 mi |
F 2312 N 31ST Place Active | $519,000 List Price | 4 | 3 | 2,000 | $260 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1951, the property has undergone a comprehensive modern remodel within the last 5 years. The interior features mint-condition finishes including new LVP flooring, recessed lighting, vaulted ceilings, and completely updated bathrooms with contemporary tile work and fixtures. The home is move-in ready with no visible maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8133, living area = 1734.
Situated in a highly desirable Arcadia-adjacent pocket, this home offers exceptional connectivity to Sky Harbor Airport, Downtown Phoenix, and Old Town Scottsdale, all within a ten-minute drive.
The property features a high-end remodel blending mid-century character with modern finishes, including vaulted ceilings, an open split floor plan, and a contemporary kitchen designed for entertaining.
The local assigned schools, Camelback High and Monte Vista Elementary, have relatively low ratings (3 and 4 respectively), which may impact appeal for families prioritizing education.
While the backyard offers significant potential, it currently lacks landscaping or finished amenities, requiring the buyer to invest additional capital to create a functional outdoor living area.
Some homes check boxes. This one opens doors. Tucked in a central, Arcadia-adjacent neighborhood just minutes from Papago Park and the Desert Botanical Garden, this beautifully remodeled single-level home blends mid-century character with crisp modern finishes and no HOA to answer to. Inside, vaulted ceilings and an open split floor plan create a bright, easy-living feel across three bedrooms, three baths, and a versatile den. The kitchen is made for gathering, with a large island, breakfast bar, and pantry. The primary suite offers a private escape with separate sleeping and sitting/dressing areas. The backyard? A clean slate plenty of room for a pool, casita, ADU, or the outdoor entertaining setup you've been planning. With Sky Harbor, downtown, Old Town Scottsdale, and Tempe/ASU all within ten minutes and the 202 and SR-51 right around the corner you're connected to everything while still tucked into one of Phoenix's most desirable pockets.
No exterior & parking available.
Grades K-8 • 1.1 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,734 | - |
| Lot Size | 8,133 | - |
| Price | $450.0K | $495.4K |
| Price per sq ft | $260 | $290 |
| Built year | 1951 | 0 |
| HOA | $0 | $0 |
| Days on market | 29 | 1260 |
Jun 23, 2026
$450,000
Initial Listing