2436 W CARIBBEAN Lane 7, Phoenix, AZ 85023, Phoenix, 85023 - 3 bed, 2 bath
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Phoenix, AZ 85023
This Move-In Ready Townhouse is a Strong Value Opportunity, listed at $285,000—positioned well below the $294,681 Fair Market Value by 3%. This valuation gap offers $9,681 in Instant Equity for the buyer. Featuring updated laminate flooring, synthetic grass, and vaulted ceilings, the property maintains a Condition Rating of 4. While the kitchen offers room for future cosmetic updates, the home provides immediate comfort. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2436 W CARIBBEAN Lane 7 Subject | $285,000* List Price | 3 | 2 | 1,205 | $245 | - |
A 14801 N 25TH Drive 2 Sold | $318,000 | 3 | 2 | 1,205 | $264 | 0.3 mi |
B 14801 N 25TH Drive 1 Sold | $351,000 List Price | 3 | 2 | 1,342 | 0.3 mi | |
C 2436 W CARIBBEAN Lane 1 Active | $265,000 List Price | 2 | 2 | 1,117 | $237 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is over 40 years old. While it features updated laminate flooring and is move-in ready, the kitchen remains dated with older appliances and a fluorescent light box, fitting the criteria for a property over 20 years old needing cosmetic updates.
The property features updated laminate flooring and includes essential appliances like a refrigerator, washer, and dryer, offering a turnkey solution for immediate occupancy.
Vaulted ceilings throughout the home create an open and airy atmosphere, making the 1,205 square foot layout feel significantly more expansive and modern.
The backyard is equipped with synthetic grass, providing a private and aesthetically pleasing outdoor area that requires minimal upkeep in the Arizona climate.
Built in 1979, the home may have aging infrastructure or systems that could require maintenance or replacement compared to newer constructions.
While the high school is highly rated at an 8, the elementary and middle schools carry average ratings of 5, which may be a concern for families prioritizing top-tier primary education.
Don't miss this beautiful 3-bedroom, 2-bath townhome featuring updated laminate flooring and a low-maintenance backyard with synthetic grass. The spacious layout boasts vaulted ceilings that create an open, airy feel throughout the home. The kitchen comes complete with a refrigerator, and a washer and dryer are also included for your convenience. This move-in-ready home offers comfort and style.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.8 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,205 | - |
| Lot Size | 1,996 | - |
| Price | $285.0K | $341.8K |
| Price per sq ft | $237 | $259 |
| Built year | 1979 | 0 |
| HOA | $145 | $0 |
| Days on market | 20 | 1211 |
Jul 3, 2026
$285,000
Initial Listing