This Prime Investment Opportunity is listed at a List Price of $440,000, positioned well below the $451,853 Fair Market Value by 2%. This valuation gap provides $11,853 in Instant Equity. Featuring a Condition Rating of 3, this home offers modern upgrades like a Granite Kitchen and custom barn doors. With South Mountain views and community amenities, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home near downtown Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2329 W CARTER Road Subject | $440,000* List Price | 4 | 3 | 2,029 | $223 | - |
A 2122 W IAN Drive Sold | $489,500 | 4 | 2 | 2,119 | $231 | 0.6 mi |
B 2314 W BEVERLY Road Sold | $319,000 List Price | 4 | 2 | 2,032 | 0.5 mi | |
C 2402 W Darrel Road Sold | $347,000 | 3 | 2 | 1,723 | $201 | 0.2 mi |
D 7003 S 23RD Lane Sold | $415,000 | 4 | 2 | 1,723 | $241 | 0.1 mi |
E 2519 W BURGESS Lane Sold | $420,000 | 5 | 3 | 2,196 | $191 | 0.6 mi |
F 2411 W MALDONADO Road Sold | $381,000 List Price | 3 | 2 | 1,723 | 0.1 mi | |
G 2518 W CARSON Road Sold | $414,000 | 4 | 2 | 1,632 | $254 | 0.2 mi |
H 2413 W BEVERLY Road Sold | $418,000 | 3 | 2 | 1,741 | $240 | 0.5 mi |
I 2421 W ELLIS Street Active | $415,000 List Price | 4 | 2 | 2,095 | $198 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002, this 24-year-old home is well-maintained and move-in ready. The kitchen has been updated with granite countertops and stainless steel appliances, and the interior features modern cosmetic touches like a custom barn door, elevating it above the 'fair' category despite its age.
Situated less than a mile from South Mountain hiking trails and only 5 miles from downtown Phoenix, the property offers a perfect balance of outdoor recreation and urban convenience.
The home is located in a secure gated community featuring a pool, parks, and green belts, providing high-value lifestyle perks for a very competitive monthly HOA fee of $56.
The interior features granite countertops, stainless steel appliances, and unique custom elements like a barn door and a converted reading nook, adding character and immediate move-in appeal.
The assigned public schools currently hold lower ratings (3/10), which may be a consideration for families prioritizing high-ranking educational institutions.
Built in 2002, the property is over 20 years old, suggesting that major mechanical systems or structural components may soon require maintenance or replacement if not recently updated.
on't miss this 4 BR / 2.5 Bath in the gorgeous Courtyards at Madison Ranch!!! Granite counter tops in kitchen with stainless steal appliances and RO! Master bath has tub/shower combo, dual sinks and a HUGE master closet! The laundry room has a custom barn door and the storage closet downstairs was converted into an adorable reading nook! This is a gated community, with several parks, green belts, BBQ/Ramada and a community pool. 5 Miles from downtown Phoenix! Surrounded by the beauty of south mountain with hiking trails less than one mile away. This home has beautiful views of South Mountain and is a must see!
No exterior & parking available.
Grades K-8 • 0.6 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,029 | - |
| Lot Size | 7,357 | - |
| Price | $440.0K | $495.4K |
| Price per sq ft | $217 | $290 |
| Built year | 2002 | 0 |
| HOA | $56 | $0 |
| Days on market | 15 | 1260 |
Jul 8, 2026
$440,000
Initial Listing