2510 E FAIRMOUNT Avenue, Phoenix, AZ 85016, Phoenix, 85016 - 3 bed, 1 bath
Loading property details...
Phoenix, AZ 85016
This Strong Value Opportunity is a Turnkey Single Family Residence listed at $479,900—positioned well below the $508,885 Fair Market Value by 5%. This valuation gap offers $28,985 in Instant Equity. Featuring a 2022 comprehensive renovation and a 2025 HVAC system, the home maintains a Condition Rating of 2. While the single-bath layout is a consideration, the 7,632-square-foot lot provides significant upside. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home in Central Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2510 E FAIRMOUNT Avenue Subject | $479,900* List Price | 3 | 1 | 1,394 | $365 | - |
A 2022 E MULBERRY Drive Sold | $410,000 | 3 | 2 | 1,556 | $263 | 0.7 mi |
B 2201 E WELDON Avenue Sold | $590,000 | 3 | 2 | 1,453 | $406 | 0.5 mi |
C 2531 E INDIANOLA Avenue Sold | $379,900 List Price | 3 | 2 | 1,110 | 0.1 mi | |
D 2201 E WELDON Avenue Sold | $590,000 | 4 | 2 | 1,662 | $355 | 0.5 mi |
E 3126 N 26TH Place Sold | $525,000 | 3 | 2 | 1,462 | $359 | 0.6 mi |
F 3111 E MULBERRY Drive Sold | $515,000 | 3 | 2 | 1,187 | $434 | 0.9 mi |
G 2513 E Turney Avenue Sold | $460,000 | 3 | 2 | 1,305 | $352 | 0.5 mi |
H 3023 E MULBERRY Drive Sold | $472,000 | 3 | 2 | 1,114 | $424 | 0.8 mi |
I 2214 E MONTEREY Way Active | $385,000 List Price | 3 | 1 | 1,346 | $286 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive renovation in 2022 (within the last 5 years), featuring a modern kitchen, updated bathroom, and new flooring. Major systems are in mint condition, with upgraded plumbing and electrical, plus a brand-new HVAC system installed in 2025. The home is fully move-in ready with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7632, living area = 1394.
The property underwent a comprehensive 2022 remodel including designer finishes, updated plumbing and electrical, and new windows, further bolstered by a brand-new HVAC system installed in 2025.
Situated in a highly sought-after 85016 zip code, the home offers exceptional proximity to Biltmore Fashion Park, Arcadia, and Sky Harbor Airport, ensuring strong long-term desirability.
Despite having three bedrooms, the home only features one bathroom, which may be a functional drawback for families and can limit the property's competitive edge against 3/2 configurations.
The assigned public schools for this address currently hold lower performance ratings, which could be a concern for education-focused buyers and impact the property's appeal to a broader demographic.
Welcome to 2510 E Fairmount Avenue, where thoughtful updates and an unbeatable location come together in the heart of Central Phoenix. Reimagined in 2022, this beautifully updated 3-bedroom home features designer finishes and quality improvements throughout. The renovation included a stunning kitchen, updated bathroom, new flooring, upgraded plumbing and electrical systems, and new windows and doors, creating a truly move-in ready opportunity. For added peace of mind, the HVAC system was replaced in 2025. Situated on a generously sized 7,632-square-foot lot, the backyard offers a rare opportunity for personalization with plenty of space for outdoor living, recreation, or future enhancements. Location is everything, and this home delivers. Conveniently positioned just over 10 minutes from Sky Harbor Airport, Arcadia, and Uptown Phoenix, and less than five minutes from Biltmore Fashion Park, you'll enjoy quick access to some of Phoenix's best dining, shopping and entertainment. Whether you're looking for a primary residence, a lock-and-leave lifestyle, or an investment opportunity in a highly sought-after area, this home offers the ideal combination of location, updates, and value. Twilight renderings have been digitally enhanced to illustrate possible exterior enhancements and landscaping concepts.
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,394 | - |
| Lot Size | 7,632 | - |
| Price | $479.9K | $495.4K |
| Price per sq ft | $344 | $290 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 1260 |
Jun 26, 2026
$479,900
Initial Listing