
Phoenix, AZ 85017
This High-Potential Investment Opportunity is listed at a List Price of $68,000, positioned well below the $69,035 Fair Market Value by 1%. This valuation gap offers $1,035 in Instant Equity. Featuring a Trane HVAC (2021) and dual-pane windows, the unit maintains a Fair Condition Rating with significant mechanical upgrades. While the kitchen and bath remain original, the downstairs layout and pool view provide immediate utility. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, low-maintenance entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2569 W Berridge Lane D-115 Subject | $68,000* List Price | 1 | 1 | 572 | $121 | - |
A 2610 W BERRIDGE Lane 121 Active | $84,500 List Price | 1 | 1 | 690 | $122 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with significant recent mechanical and surface upgrades, including a Trane HVAC system (2021), dual-pane windows (2019), and wood-look plank tile flooring (2019). However, the kitchen and bathroom remain largely outdated with older cabinetry, countertops, and tile work that reflect the property's 1963 build date. While functional and clean, these areas lack a full modern renovation, placing the condition in the 'fair' category based on the provided criteria.
The unit features a high-quality Trane HVAC system installed in 2021 and dual-pane windows from 2019, offering superior energy efficiency and climate control in the Phoenix heat.
The affordable monthly community fee is highly inclusive, covering property taxes, blanket insurance, roof repair, and major utilities, which simplifies budgeting for the homeowner.
This downstairs unit offers easy accessibility with no stairs and includes an enclosed patio that functions as an additional bedroom area with a pleasant pool view.
As a stock cooperative, this property may present challenges with traditional financing, often requiring specific lenders or cash purchases compared to standard condominiums.
The absence of in-unit laundry hookups requires the use of a common coin-operated laundry room, which may be a convenience drawback for some buyers.
Come see this updated DOWNSTAIRS (no stairs) unit featuring a Trane HVAC system (2021), dual-pane windows (2019), and wood-look plank tile flooring (2019). The patio had previously been enclosed to create a nice bedroom area with pool view, newer cellular shades and a ceiling fan. Recent improvements include fresh interior paint (2025), a new security door, and more. Enjoy the convenience of a covered assigned parking space and coin op laundry room onsite. The monthly community fee is very affordable and includes water, sewer, trash, landscaping, property taxes, roof, blanket insurance, pool access, and common area maintenance.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 572 | - |
| Lot Size | - | - |
| Price | $68.0K | $75.0K |
| Price per sq ft | $119 | $58 |
| Built year | 1963 | 0 |
| HOA | $257 | $0 |
| Days on market | 106 | 131 |
May 8, 2026
$68,000
$70,000
-3% Price Drop
Initial Listing
Apr 24, 2026
$70,000
$75,000
-7% Price Drop
Initial Listing
Apr 8, 2026
$75,000
Initial Listing