2521 N EVERGREEN Street, Phoenix, AZ 85006, Phoenix, 85006 - 3 bed, 2 bath
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Phoenix, AZ 85006
This Coronado Historic District Residence is a Strong Value Opportunity, listed at $550,000—positioned well above the $512,733 Fair Market Value by -7%. Featuring a Good Condition Rating, the home includes significant Major Infrastructure Upgrades like a full re-wire and owned solar. The 7,789 sq ft lot provides rare Development Potential for a guest house or duplex. This property balances historic character with modern efficiency, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value-add potential in a prime Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2521 N EVERGREEN Street Subject | $550,000* List Price | 3 | 2 | 1,170 | $438 | - |
A 1346 E PALM Lane Sold | $545,000 | 3 | 2 | 1,275 | $427 | 0.4 mi |
B 1346 E PALM Lane Sold | $545,000 | 3 | 2 | 1,275 | $427 | 0.4 mi |
C 1442 E PALM Lane Sold | $565,000 | 3 | 2 | 1,370 | $412 | 0.5 mi |
D 2227 N EVERGREEN Street Sold | $599,000 | 3 | 2 | 1,404 | $427 | 0.2 mi |
E 2227 N EVERGREEN Street Sold | $599,000 | 3 | 2 | 1,401 | $428 | 0.2 mi |
F 1407 E WINDSOR Avenue Sold | $563,950 | 3 | 2 | 1,430 | $394 | 0.2 mi |
G 1407 E Windsor Avenue Sold | $563,950 | 3 | 2 | 1,430 | $394 | 0.2 mi |
H 1407 E Windsor Avenue Sold | $563,950 | 3 | 2 | 1,430 | $394 | 0.2 mi |
I 2315 N 12TH Street Pending | $435,000 List Price | 3 | 1 | 1,278 | $340 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1948 but features extensive recent infrastructure upgrades including a full electrical re-wire, new panel, owned solar, and sewer line replacement. The home is move-in ready with a functional 'restaurant grade' kitchen and new mini-split HVAC systems, though the industrial aesthetic and original block construction place it firmly in the well-maintained 'good' category rather than 'excellent'.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7789, living area = 1170.
The property features significant recent capital improvements including a full re-wire, new electrical panel, owned solar system, and a replaced sewer line, significantly reducing future maintenance risks.
Situated on an oversized 7,789 sq ft lot, the property offers rare expansion potential for a guest house or duplex, providing excellent long-term value-add opportunities in a historic district.
With only 1,170 square feet of living area to accommodate three bedrooms and two bathrooms, the interior layout may feel constrained or lack the spaciousness desired by some families.
The restaurant-grade kitchen with stainless steel prep counters is highly specialized and may be perceived as too industrial or less inviting for traditional residential buyers.
SELLER MAY PAY 2% TOWARDS BUYER'S CLOSING COSTS!! Fabulous home in Coronado Historic District! This 3 bedroom, 2 bath home with separate office/art studio has infrastructure upgrades throughout, and sits on a huge, 7,789 sq ft lot - large enough for a guest house or duplex. A newly seeded front lawn, and covered porch welcome you to this early mid-century, block construction home, built in 1948. A comfy living room opens to dining and flows to the restaurant grade kitchen - replete with stainless steel prep counters. Primary bedroom has a separate exit to the back yard, and the separate office space/art studio has a brand new mini split for year round comfort. Recent upgrades include a completely re-wire of the home, with a new panel and owned solar, water heater, sewer line replacement
No exterior & parking available.
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,170 | - |
| Lot Size | 7,789 | - |
| Price | $550.0K | $495.4K |
| Price per sq ft | $470 | $290 |
| Built year | 1948 | 0 |
| HOA | $0 | $0 |
| Days on market | 32 | 1260 |
Jun 20, 2026
$550,000
Initial Listing