
Phoenix, AZ 85021
This Value-Add Residential Asset is listed at $387,780, positioned near its $364,108 Fair Market Value. Featuring a Private Pool and a Spacious Backyard, the property offers a significant lifestyle advantage in a Strategic Phoenix Location with quick access to major freeways and dining. Currently holding a Condition Rating of 4, the 1958 structure requires modernization to meet contemporary standards, presenting a clear path for forced appreciation. Located near Cortez High School and Royal Palm Middle with no HOA, this is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-potential project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2431 W SELDON Lane Subject | $387,780* List Price | 3 | 2 | 1,561 | $233 | - |
A 2337 W DIANA Avenue Sold | $280,000 | 3 | 2 | 1,312 | $213 | 0.2 mi |
B 2445 W DIANA Avenue Sold | $336,000 | 3 | 2 | 1,362 | $247 | 0.1 mi |
C 2451 W ORCHID Lane Sold | $309,000 | 3 | 2 | 1,361 | $227 | 0.1 mi |
D 2445 W DIANA Avenue Sold | $336,000 | 3 | 2 | 1,362 | $247 | 0.1 mi |
E 2402 W DIANA Avenue Sold | $353,000 | 4 | 2 | 1,736 | $203 | 0.2 mi |
F 2325 W Orchid Lane Sold | $373,000 | 3 | 2 | 1,362 | $274 | 0.2 mi |
G 1830 W SUNNYSLOPE Lane Active | $299,000 List Price | 4 | 2 | 1,686 | $177 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, the property is functional but shows its age, fitting the 'fair' criteria. While there are some visible updates, such as a newer vanity in the bathroom and a tile backsplash in the kitchen, the appliances and mechanical systems (like the water heater) appear dated. The interior features a mix of tile and carpet that shows some wear, and the exterior pool decking and landscaping require maintenance. The listing's emphasis on 'potential' further supports that the home is aged and requires modernization to meet current standards.
The property features a private pool and a spacious backyard, offering a significant lifestyle advantage for recreation and entertaining in the Phoenix climate.
Ideally situated with quick access to major freeways, shopping centers, and dining, this home provides excellent convenience for commuters and easy access to local amenities.
With a functional three-bedroom layout and a competitive price point, this property presents a great opportunity for buyers to build equity through strategic renovations and modernization.
Built in 1958 and noted for its 'potential,' the home likely requires significant updates to its major systems and interior finishes to meet modern standards.
The assigned public schools have ratings ranging from 3 to 5, which may be a consideration for families prioritizing high-performing educational districts.
Great location close to freeways, shopping and dining. Three bedrooms, two bathrooms. Really nice pool. Spacious back yard. Nice opportunity to own a nice property with plenty of potential.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 5-8 • 0.6 mi
Grades 9-12 • 1.1 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 | 1,561 | 2,068 | 24% |
| Lot Size | 6,721 | 10,372 | 14% |
| Price | $387.8K | $384.0K | 50% |
| Price per sq ft | $248 | $269 | 48% |
| Built year | 1958 | 1959 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 1404 | 1% |
Mar 8, 2026
$387,780
Initial Listing