
Phoenix, AZ 85032
This property presents a High-Potential Investment Opportunity with a List Price of $360,000—positioned slightly above the $349,929 Fair Market Value by -2%. While the property requires modernization, its Condition Rating of 4 and expansive 9,975 sqft corner lot provide a blank canvas for value-add renovations. The absence of HOA restrictions allows for flexible expansion or outdoor improvements. This asset is best suited for Fix-and-Flip Investors or first-time buyers capable of executing a strategic renovation to unlock long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2939 E ANGELA Drive Subject | $360,000* List Price | 2 | 1 | 1,056 | $331 | - |
A 2902 E VILLA THERESA Drive Sold | $342,500 | 2 | 1 | 912 | $376 | 0.7 mi |
B 2902 E VILLA THERESA Drive Sold | $342,500 | 2 | 1 | 912 | $376 | 0.7 mi |
C 2732 E VILLA RITA Drive Sold | $430,000 | 4 | 2 | 1,372 | $313 | 0.5 mi |
D 3515 E Campo Bello Drive Sold | $370,000 | 3 | 2 | 1,280 | $289 | 0.7 mi |
E 3113 E LIBBY Street Sold | $466,500 | 3 | 2 | 1,307 | $357 | 0.3 mi |
F 3113 E LIBBY Street Sold | $466,500 | 3 | 2 | 1,307 | $357 | 0.3 mi |
G 3113 E LIBBY Street Sold | $466,500 | 3 | 2 | 1,307 | $357 | 0.3 mi |
H 2507 E LIBBY Street Active | $362,000 List Price | 2 | 1 | 912 | $397 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this 70-year-old property appears to have had a partial renovation approximately 20 years ago, evidenced by the ceramic tile flooring and updated paint. However, the interior remains dated with wood paneling and older fixtures. The listing's heavy emphasis on 'potential' and 'transforming' the space suggests that while functional, the kitchen, bathroom, and likely the aging systems (HVAC/Electric) are due for modern updates and minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9975, living area = 1056.
The property features a substantial 9,975 sqft corner lot, offering rare flexibility for home expansion, outdoor entertainment, or additional storage structures.
Positioned as a prime opportunity for investors or first-time buyers, the home allows for significant equity growth through strategic renovations and modernization.
Built in 1954, the original 2-bedroom, 1-bathroom layout is relatively small and may require a significant overhaul to meet the needs of modern buyers.
The assigned public schools have lower performance ratings, including a 2/10 for the middle school, which could be a deterrent for families prioritizing educational district quality.
Discover the potential of this charming home situated on an oversized corner lot in a prime Phoenix location. Whether you're a first-time homebuyer, investor, or someone looking to create their dream space, this property offers endless possibilities. The expansive lot provides ample room for expansion, outdoor living, additional storage, or future improvements. With its desirable corner-lot positioning and incredible potential, this home is a rare opportunity to add value and make it your own. Don't miss the chance to transform this property into something truly special.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.3 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,056 | - |
| Lot Size | 9,975 | - |
| Price | $360.0K | $495.4K |
| Price per sq ft | $341 | $290 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 50 | 1260 |
Jun 3, 2026
$360,000
Initial Listing
Dec 23, 1998
$75,000
Public Record