2406 E ELM Street, Phoenix, AZ 85016, Phoenix, 85016 - 3 bed, 2 bath
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Phoenix, AZ 85016
This Modernized Biltmore Residence is a sophisticated, turnkey find listed at $659,900—positioned well below the $669,981 Fair Market Value by 1%. This valuation gap provides $10,081 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the interior features a high-end kitchen with Café black stainless appliances, waterfall-edge quartz countertops, and luxury vinyl plank flooring. Located within walking distance of Biltmore’s premier dining and served by the Madison School District, the property includes a modern desert-landscaped backyard with a private patio. It is the perfect match for Owner-Occupants or Lifestyle-Focused Buyers seeking move-in-ready luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2406 E ELM Street Subject | $659,900* List Price | 3 | 2 | 1,570 | $427 | - |
A 2324 E Heatherbrae Drive Sold | $650,000 | 4 | 3 | 1,445 | $450 | 0.6 mi |
B 1825 E MEDLOCK Drive Sold | $620,000 | 3 | 2 | 1,680 | $369 | 0.8 mi |
C 2509 E MEADOWBROOK Avenue Sold | $755,000 | 3 | 3 | 1,620 | $466 | 0.3 mi |
D 1811 E CAMPBELL Avenue Sold | $550,000 List Price | 3 | 2 | 1,652 | 0.8 mi | |
E 2240 E ROMA Avenue Sold | $480,000 List Price | 3 | 2 | 1,473 | 0.4 mi | |
F 2240 E Roma Avenue Sold | $598,000 List Price | 3 | 2 | 1,473 | 0.4 mi | |
G 4735 N 24TH Street Active | $575,000 List Price | 3 | 2 | 1,596 | $360 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1954, the property has undergone an extensive and high-end renovation within the last 5 years. The interior features a modern kitchen with premium Café black stainless appliances and waterfall-edge quartz countertops, fully remodeled bathrooms with contemporary tile and fixtures, and new luxury vinyl plank flooring throughout. The property shows no signs of deferred maintenance and meets current luxury quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8472, living area = 1570.
The property is ideally situated within walking distance to the Biltmore's premier shopping and dining district, offering high desirability and lifestyle convenience in a central Phoenix hub.
The home features a stunningly updated kitchen with Café black stainless appliances and waterfall-edge quartz countertops, complemented by luxury vinyl plank flooring and tastefully remodeled bathrooms.
Originally built in 1954, the home may have aging underlying systems or structural elements typical of mid-century properties that require more maintenance than newer builds.
The assigned public schools for this address carry relatively low performance ratings, which may be a concern for families prioritizing top-tier educational districts.
Welcome to this beautifully maintained 3 bedroom, 2 bathroom home ideally located within walking distance to the Biltmore's premier shopping and dining. Thoughtfully updated throughout, the stunning kitchen features Café black stainless appliances, a farmhouse sink, and waterfall-edge quartz countertops that create a sleek yet inviting space for gathering. Both bathrooms have been tastefully remodeled, and luxury vinyl plank flooring flows seamlessly throughout the home. Step outside to a spacious backyard with a clean, modern Arizona desert landscape, offering low-maintenance beauty and plenty of room to relax or entertain. This move-in-ready home perfectly blends style, comfort, and convenience.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades 5-8 • 1.2 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,570 | 1,875 | 28% |
| Lot Size | 8,472 | 8,294 | 55% |
| Price | $659.9K | $595.0K | 59% |
| Price per sq ft | $420 | $354 | 65% |
| Built year | 1954 | 1955 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 1490 | 0% |
Feb 27, 2026
$659,900
Initial Listing