2715 N 38TH Place, Phoenix, AZ 85008, Phoenix, 85008 - 3 bed, 2 bath
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Phoenix, AZ 85008
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $525,000—positioned above the $493,120 Fair Market Value. While priced slightly above market, the property features a Condition Rating of 2, highlighted by a 2023 HVAC system, Owned Solar, and a Granite Kitchen. The expansive 9,278 SF lot offers a private Pool and Pergola, providing a premium outdoor lifestyle near the Arcadia corridor. This home is an ideal acquisition for Owner-Occupants seeking energy efficiency or first-time buyers prioritizing a move-in ready, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2715 N 38TH Place Subject | $525,000* List Price | 3 | 2 | 1,477 | $334 | - |
A 2612 N 31ST Street Sold | $384,000 | 3 | 2 | 1,518 | $253 | 1.0 mi |
B 2612 N 31ST Street Sold | $384,000 | 3 | 2 | 1,518 | $253 | 1.0 mi |
C 2022 N 40TH Street Sold | $371,500 | 3 | 2 | 1,200 | $310 | 0.6 mi |
D 4101 E EDGEMONT Avenue Active Under Contract | $665,000 List Price | 3 | 2 | 1,448 | $459 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1955, the property has undergone significant recent renovations including a 2023 HVAC system, owned solar panels, and new pool equipment. The interior features a modern open kitchen with granite counters and stainless appliances, along with updated flooring and paint, meeting the criteria for a high-quality renovation within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9278, living area = 1477.
The inclusion of owned solar panels and a brand-new 2023 HVAC system provides immediate value through significantly reduced utility costs and minimized near-term maintenance expenses.
Situated on a quiet cul-de-sac with no HOA, the property offers excellent walkability to the high-end dining and shopping of the Arcadia corridor, a highly desirable lifestyle feature.
At 1,477 square feet for a 3-bedroom home, the living spaces and bedrooms may feel undersized for families or buyers accustomed to more modern, expansive floor plans.
The assigned public schools carry lower ratings (3/10), which may be a deterrent for education-focused families and could impact long-term appreciation compared to neighboring districts.
Owned solar, updated HVAC, and a private backyard retreat on a cul-de-sac lot minutes from Arcadia. This 3-bed, 2-bath ranch lives larger than its footprint. Two separate living spaces give everyone room to spread out, and the open kitchen connects it all with granite counters and stainless appliances. Tile throughout the main living areas, carpet in the bedrooms. Step outside and the backyard delivers. A covered pergola with lighting and a ceiling fan sits poolside, new pool equipment already in place, and a custom storage shed keeps everything organized. 9,278 SF lot. No HOA. Owned solar and a 2023 HVAC mean low utility costs from day one. Walk to Arcadia dining and shopping. coffee, and energy the Arcadia corridor has to offer.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,477 | 1,502 | 49% |
| Lot Size | 9,278 | 7,688 | 72% |
| Price | $525.0K | $382.5K | 83% |
| Price per sq ft | $355 | $253 | 79% |
| Built year | 1955 | 1953 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 801 | 1% |
May 27, 2026
$525,000
Initial Listing