2915 W MONTECITO Avenue, Phoenix, AZ 85017, Phoenix, 85017 - 4 bed, 2 bath
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2915 W MONTECITO Avenue
Phoenix, AZ 85017
PENDING
CONDITION: GOOD
4Beds
2Baths
2,222Sq Ft
6,303Lot Size
Property Price
LIST PRICE$345,000
EST. MARKET VALUE
$359,508
4% BelowMARKET VALUE
SUMMARY
This 4-bedroom, 2-bath single-family residence is a Strong Value Opportunity, listed at $345,000—positioned well below the $359,509 Fair Market Value by 4%. This valuation gap offers $14,509 in Instant Equity for the buyer. Featuring a Good Condition Rating with modern bathroom updates and durable tile flooring, the home provides 2,222 sqft of functional space. While school ratings are modest, the central location near I-17 and Grand Canyon University makes this an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Estimated Market Value
$359,508+$14,508 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2915 W MONTECITO Avenue Subject | $345,000* List Price | 4 | 2 | 2,222 | $162 | - |
A 3024 W MARIPOSA Street Sold | $299,000 | 5 | 2 | 1,670 | $179 | 0.7 mi |
B 4426 N 34TH Drive Sold | $269,800 | 3 | 2 | 1,847 | $146 | 0.7 mi |
C 3117 W ROMA Avenue Active | $339,999 List Price | 6 | 2 | 2,200 | $155 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the structure dates back to 1952, the interior has undergone recent renovations (likely within 5-10 years) including updated bathrooms with modern vanities and subway tile surrounds. The kitchen is functional with black appliances and tile flooring throughout, making it move-in ready. The 'Good' rating is applied rather than 'Excellent' due to the age of the home and the need for exterior landscaping/yard maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Central Location
The property is ideally situated with easy access to I-17, Grand Canyon University, and downtown Phoenix, making it a prime location for commuters and potential rental opportunities.
- Exceptional Value and Space
Offering 2,222 square feet of living space with four bedrooms at a competitive price point, this home provides a significantly higher-than-average square footage for the area.
- Modern Interior Updates
The home features updated bathroom vanities and tile surrounds, along with durable tile flooring throughout, reducing the need for immediate cosmetic renovations.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2222, other record living area = 2293.
- Low School Ratings
The assigned elementary, middle, and high schools all carry a rating of 3/10, which may be a deterrent for families prioritizing educational performance.
- Aging Infrastructure
Built in 1952, the property may require more frequent maintenance or future capital expenditures to address aging mechanical and structural systems typical of mid-century homes.
About 2915 W MONTECITO Avenue
Welcome to this 4-bedroom, 2-bath home in a convenient central Phoenix location with easy access to I-17, Grand Canyon University, downtown Phoenix, shopping, dining, and everyday amenities. Inside, you'll find a spacious living area with tile flooring and an open kitchen offering ample cabinet and counter space, black appliances, and room for casual dining. Both bathrooms feature updated tile surrounds and modern vanities. The generously sized primary bedroom is complemented by three additional bedrooms that provide flexibility for family, guests, or a home office. The private, fenced backyard offers space to create your ideal outdoor retreat. Don't miss this opportunity to make it your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 6,303 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Phoenix Unified Schools
Granada Primary School
Grades K-3 • 0.4 mi
3/10
Granada East School
Grades 4-8 • 0.3 mi
3/10
Alhambra High School
Grades 9-12 • 1.3 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,222 | 1,850.5 |
| Lot Size | 6,303 | 7,313 |
| Price | $345.0K | $481.7K |
| Price per sq ft | $155 | $289 |
| Built year | 1952 | 1987 |
| HOA | $0 | $175 |
| Days on market | 30 | 757 |
Pricing History
Listed for Sale
Jul 28, 2026
$345,000
Initial Listing