2474 E JOHN CABOT Road, Phoenix, AZ 85032, Phoenix, 85032 - 3 bed, 2 bath
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Phoenix, AZ 85032
This property presents a High-Potential Investment Opportunity with a List Price of $370,000—positioned well above the $301,266 Fair Market Value by -22%. While the property requires significant capital expenditure due to its Condition Rating of 5, the large 7,610 sqft lot and mountain views provide a solid foundation for value-add renovations. The aging 1982 construction necessitates modernizing essential systems to meet current market standards. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2474 E JOHN CABOT Road Subject | $355,000* List Price | 3 | 2 | 1,288 | $274 | - |
A 2732 E VILLA RITA Drive Sold | $430,000 | 4 | 2 | 1,372 | $313 | 0.3 mi |
B 3101 E WAGONER Road Sold | $412,000 | 2 | 2 | 1,257 | $328 | 0.7 mi |
C 3101 E WAGONER Road Sold | $412,000 | 2 | 2 | 1,257 | $328 | 0.7 mi |
D 2711 E CAMPO BELLO Drive Sold | $420,000 List Price | 3 | 2 | 1,574 | 0.5 mi | |
E 2650 E HARTFORD Avenue Sold | $438,000 | 3 | 2 | 1,521 | $288 | 0.6 mi |
F 2602 E GROVERS Avenue Active | $379,850 List Price | 3 | 2 | 1,288 | $295 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1982 (44 years old) with no mention of renovations in the listing description. The exterior shows signs of deferred maintenance like a large tree stump in the front yard. Given the age exceeds 30 years without documented updates to kitchens, baths, or systems, it likely requires significant rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7610, living area = 1288.
The property is ideally situated near Desert Ridge, major freeways, and parks, offering residents convenient access to premier shopping, dining, and outdoor recreation.
With no association fees, this home provides significant monthly savings and greater flexibility for homeowners regarding property use and modifications.
Built in 1982, the property may necessitate investments in modernizing essential systems or interior finishes to align with contemporary buyer expectations.
With 1,288 square feet distributed across three bedrooms, the living areas and individual rooms may feel compact compared to newer residential developments.
What an opportunity! Make this beautiful 3 bedroom 2 bathroom home yours. Close to new developments, freeways, parks and Desert Ridge.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,288 | - |
| Lot Size | 7,610 | - |
| Price | $355.0K | $495.4K |
| Price per sq ft | $276 | $290 |
| Built year | 1982 | 0 |
| HOA | $0 | $0 |
| Days on market | 73 | 1260 |
Jul 16, 2026
$355,000
$365,000
-3% Price Drop
Initial Listing
Jun 11, 2026
$365,000
$370,000
-1% Price Drop
Initial Listing
May 11, 2026
$370,000
Initial Listing