2348 N 28TH Place, Phoenix, AZ 85008, Phoenix, 85008 - 4 bed, 4 bath
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Phoenix, AZ 85008
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $885,000—positioned well below the $919,265 Fair Market Value by 3%. This valuation gap offers $34,265 in Instant Equity. With a Condition Rating of 3, the home features a modern granite kitchen, wood-look tile, and a resort-style backyard with a pool and detached casita. This versatile layout is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready property with significant income-generating potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2348 N 28TH Place Subject | $885,000* List Price | 4 | 4 | 2,143 | $429 | - |
A 2639 N 28TH Place Active | $667,000 List Price | 3 | 2 | 1,465 | $455 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1937, the property has undergone extensive renovations. The interior features modern wood-look tile, granite countertops, and stainless steel appliances. The bathrooms are functional and well-maintained, though the tile-top vanities suggest the renovation is likely 5-15 years old. The systems and roof appear updated, and the exterior amenities like the pool and synthetic grass are in great condition, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13064, living area = 2143.
The property features a private detached casita with its own entrance, providing versatile options for multi-generational living, a home office, or potential rental income.
The expansive 13,064 sqft lot includes a premier outdoor entertainment space with a rock waterfall pool, built-in BBQ gazebo, and synthetic grass, all with the freedom of no HOA.
The local public schools carry lower performance ratings (3/10), which may be a drawback for families prioritizing high-ranking educational institutions.
Originally built in 1937, the property may present higher maintenance requirements for core systems compared to newer builds, despite the extensive aesthetic renovations.
Central Phoenix with Detached Casita & Eye-Catching Backyard! Through French doors is the spacious living & dining area featuring soaring ceilings, abundant natural light & wood-look tile flooring throughout the main living spaces. The kitchen is designed for both everyday living & entertaining with a large center island offering breakfast bar seating, granite countertops, stainless steel appliances & abundant cabinetry for storage. The primary suite is generously sized with direct backyard access, a walk-in closet & an ensuite bath with a shower/tub combination. Secondary bedrooms offer unique features including French doors leading to the backyard pool area, vaulted ceilings with exposed beam detail & a spa-inspired bath with separate soaking tub, walk-in shower & sauna. A detached casita with private entrance provides an additional bedroom & full bath, ideal for guests, multi-generational living, home office or potential rental opportunities. The expansive backyard is an entertainer's dream showcasing a huge sparkling pool with rock waterfall feature, gazebo with built-in BBQ, synthetic grass & plenty of additional space to enjoy. No HOA! Conveniently located in Central Phoenix with easy access to SR-51, Loop 202, nearby shopping, dining & recreation.
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades K-8 • 1.0 mi
Grades K-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,143 | - |
| Lot Size | 13,064 | - |
| Price | $885.0K | $495.4K |
| Price per sq ft | $413 | $290 |
| Built year | 1937 | 0 |
| HOA | $0 | $0 |
| Days on market | 33 | 1260 |
Jun 19, 2026
$885,000
Initial Listing