
Phoenix, AZ 85032
This Spacious North Phoenix Residence is a Strong Value Opportunity, listed at $535,000—positioned well below the $563,658 Fair Market Value by 5%. This valuation gap provides $28,658 in Instant Equity for the incoming buyer. While holding a Fair Condition Rating due to its dated 1973 finishes, the home offers a rare 4-bedroom layout and a private covered patio near the Shadow Mountain Preserve. Its location near the revitalized Paradise Valley Mall ensures long-term appreciation. This is an ideal acquisition for Owner-Occupants seeking a value-add home or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2822 E WILLOW Avenue Subject | $525,000* List Price | 4 | 2 | 1,800 | $279 | - |
A 3009 E CORRINE Drive Sold | $515,000 | 4 | 2 | 1,512 | $341 | 0.4 mi |
B 3009 E CORRINE Drive Sold | $515,000 | 4 | 2 | 1,512 | $341 | 0.4 mi |
C 2831 E Dahlia Drive Sold | $599,000 | 4 | 2 | 1,707 | $351 | 0.3 mi |
D 2902 E CORRINE Drive Sold | $524,900 | 4 | 3 | 1,937 | $271 | 0.4 mi |
E 13608 N 33RD Street Sold | $450,000 | 4 | 2 | 1,320 | $341 | 0.6 mi |
F 2810 E WILLOW Avenue Sold | $440,000 | 4 | 2 | 1,512 | $291 | 0.0 mi |
G 13839 N 33RD Street Active Under Contract | $440,000 List Price | 4 | 2 | 1,442 | $305 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready but shows significant signs of age consistent with its 1973 build date. The kitchen features dated oak cabinetry and tile countertops, and popcorn ceilings are visible throughout the home. While the flooring and paint appear to be in good condition, the lack of modern updates to the kitchen, bathrooms, and fixtures places it in the 'fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8045, living area = 1800.
Ideally situated between the Shadow Mountain Preserve trails and the revitalized Paradise Valley Mall area, offering a perfect balance of outdoor recreation and urban amenities.
The rare four-bedroom configuration with two separate living spaces provides exceptional flexibility for families, guest accommodations, or a dedicated home office.
Built in 1973, the home may require updates to aging mechanical systems or infrastructure to meet modern efficiency and performance standards.
While functional, the interior likely requires aesthetic updates and contemporary finishes to compete with fully renovated properties in the North Phoenix market.
Welcome home! Ideally located between the trails of the Shadow Mountain Preserve and convenient access to the 51, this home offers the perfect blend of outdoor recreation and city convenience. You're just minutes from the popular 32nd Street corridor with great shopping and dining, as well as the newly revitalized Paradise Valley Mall featuring favorites like Federal Pizza, Whole Foods Market, Flower Child, and more. Inside, you'll find a rare 4-bedroom layout with a versatile floor plan and two separate living spaces, offering flexibility for entertaining, relaxing, or working from home. The kitchen is filled with natural light and features a sliding glass door that accesses the covered back patio, creating indoor-outdoor living. Step outside to your private backyard oasis, complete with a covered patio and lush green space, perfect for enjoying Arizona evenings. Additional highlights include ample storage throughout, with a separate laundry room with storage, an extra storage closet near the primary suite, and a walk-in closet in the primary bedroom. This home combines location, space, and functionality in one of North Phoenix's most convenient areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,800 | 1,713 | 58% |
| Lot Size | 8,045 | 7,732 | 55% |
| Price | $525.0K | $450.0K | 64% |
| Price per sq ft | $292 | $288 | 52% |
| Built year | 1973 | 1979 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 1451 | 0% |
Apr 9, 2026
$525,000
$535,000
-2% Price Drop
Initial Listing
Mar 15, 2026
$535,000
Initial Listing