2801 E NORTH Lane, Phoenix, AZ 85028, Phoenix, 85028 - 3 bed, 2 bath
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Phoenix, AZ 85028
This property presents a High-Potential Investment Opportunity with a List Price of $625,000—positioned above the $580,216 Fair Market Value. While the property requires a full rehab, its Fair Condition Rating and 11,528 sqft lot provide a blank canvas for forced appreciation. Featuring a split floor plan and a diving pool, the home offers significant upside for those capable of modernizing its 1970s-era infrastructure. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in the Shadow Mtn area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2801 E NORTH Lane Subject | $625,000* List Price | 3 | 2 | 1,920 | $302 | - |
A 10010 N 29TH Street Sold | $580,000 | 4 | 2 | 2,262 | $256 | 0.3 mi |
B 2661 E BROWN Street Sold | $670,000 | 5 | 3 | 2,520 | $266 | 0.2 mi |
C 11221 N 32ND Street Sold | $560,000 | 3 | 2 | 1,736 | $323 | 0.8 mi |
D 2417 E YUCCA Street Sold | $700,000 | 4 | 2 | 2,628 | $266 | 0.7 mi |
E 3025 E SIERRA Street Sold | $740,000 | 4 | 2 | 1,884 | $393 | 0.8 mi |
F 2836 E YUCCA Street Sold | $535,000 | 3 | 2 | 1,611 | $332 | 0.6 mi |
G 2324 E CORTEZ Street Sold | $585,000 | 3 | 2 | 2,147 | $272 | 0.9 mi |
H 2834 E BERYL Avenue Active | $595,000 List Price | 4 | 2 | 1,963 | $303 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 (54 years old) with no evidence of modern renovations. The interior features dated popcorn ceilings, older tile flooring, and original-style cabinetry in the kitchen and bathrooms. The listing explicitly describes the property as a 'remodel opportunity' and 'investors delight,' indicating it requires a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11528, living area = 1920.
Situated on a desirable North/South corner lot near the Phoenix Mountain Preserve and 51 freeway, offering excellent accessibility and proximity to outdoor recreation.
The property features a large 11,528 sqft lot with a diving pool and spacious patio, providing significant value for desert living and entertaining.
Marketed as a remodel opportunity, the home likely requires significant capital investment to update its 1970s-era features and systems.
Given its status as an investor-friendly project, buyers should anticipate costs associated with aging infrastructure typical of a 50-year-old property.
Perfectly situated on a PRIME N/S corner lot this fantastic remodel opportunity is located in the Shadow Mtn area of 32nd St. and Shea Blvd. The home is minutes away from the 51 freeway and the Phoenix Mtn Preserve. The home features a split floor plan with 3 bedrooms 2 bathrooms. The primary bedroom offers a walk-in closet and dressing table. A/C 2022 & roof qpprox. 8 yrs. Sliding glass doors off the family room lead to the spacious back patio w/storage and diving pool. Neighborhood streets are wide creating a comfortable feel. This is a prime location for an investors delight or your dream desert retreat.
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 | 1,920 | - |
| Lot Size | 11,528 | - |
| Price | $625.0K | $495.4K |
| Price per sq ft | $326 | $290 |
| Built year | 1970 | 0 |
| HOA | $0 | $0 |
| Days on market | 4 | 1260 |
Jul 18, 2026
$625,000
Initial Listing