2801 W GLENROSA Avenue, Phoenix, AZ 85017, Phoenix, 85017 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85017
This Value-Add Residential Asset represents a High-Potential Investment Opportunity, with a List Price of $349,990—positioned well below the $536,131 Fair Market Value by 34%. This significant valuation gap provides $186,141 in Instant Equity. While maintaining a Fair Condition Rating, the property features a brand-new AC unit, solar panels, and a rare 4.99% assumable VA loan. Despite low-rated local schools, the massive equity and updated wood shaker kitchen offer significant upside. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2801 W GLENROSA Avenue Subject | $349,990* List Price | 3 | 2 | 1,350 | $397 | - |
A 4128 N 29TH Avenue Sold | $295,000 | 3 | 2 | 1,431 | $206 | 0.2 mi |
B 3221 W SELLS Drive Sold | $335,000 | 3 | 2 | 1,382 | $242 | 0.6 mi |
C 4128 N 29TH Avenue Sold | $295,000 | 3 | 2 | 1,431 | $206 | 0.2 mi |
D 2741 W MEADOWBROOK Avenue Sold | $350,000 | 3 | 2 | 1,250 | $280 | 0.4 mi |
E 4510 N 29TH Avenue Sold | $365,000 | 3 | 2 | 1,440 | $253 | 0.3 mi |
F 4433 N 30TH Avenue Pending | $335,000 List Price | 3 | 2 | 1,440 | $233 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1951 build that has been partially updated but retains several dated elements. While it features a brand-new AC unit, solar panels, and updated wood shaker cabinets in the kitchen, other areas show significant age. The vinyl/linoleum flooring in the kitchen and laundry room, the ceiling tiles in the living areas, and the basic utility finishes indicate the home has not undergone a full modern renovation. It is well-maintained and move-in ready, but the mix of new systems with vintage infrastructure and older cosmetic finishes aligns with the 'fair' criteria.
The property features an assumable VA loan at a 4.99% interest rate, offering buyers a significant financial advantage and lower monthly payments compared to current market rates.
Equipped with a brand-new AC unit and solar panels, this home is perfectly positioned to handle the Phoenix heat while maintaining low utility costs.
The interior boasts an updated eat-in kitchen with wood shaker cabinets, complemented by a functional backyard featuring a covered patio and an outdoor fireplace.
The assigned elementary, middle, and high schools all have a rating of 3, which may be a drawback for families prioritizing high-performing educational institutions.
Built in 1951, the property may require more frequent maintenance or future updates to aging systems typical of a 70-year-old home.
Welcome to you're new home! Discover the versatility of this 3-bedroom residence that features an inviting living room with a contemporary palette and soft carpeting underfoot just waiting to entertain and be the focal point of relaxation. The eat-in kitchen comes with wood shaker cabinets and essential built-in appliances for a seamless cooking experience and modern, up to date aesthetics. Two cozy, well-sized bedrooms offer private retreats, sharing a convenient common toilet. Venture out onto the backyard, complete with a covered patio, storage sheds, and an outdoor fireplace for evenings under the stars. Home also has a BRAND NEW AC unit, Assumable VA Loan 4.99% RATE and solar as well to keep the energy bills down during even the hottest of months! perfect step into home ownership with a home sure to impress for years to come!
No exterior & parking available.
Grades K-3 • 0.6 mi
Grades 4-8 • 0.5 mi
Grades 9-12 • 1.4 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 | 1,350 | 1,445 | 34% |
| Lot Size | 6,307 | 6,739 | 28% |
| Price | $350.0K | $325.0K | 68% |
| Price per sq ft | $259 | $207 | 79% |
| Built year | 1951 | 1954 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 386 | 3% |
Feb 27, 2026
$349,990
Initial Listing