3002 N 32ND Street 5, Phoenix, AZ 85018, Phoenix, 85018 - 2 bed, 1 bath
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Phoenix, AZ 85018
This Turnkey Arcadia Lite Condo presents a Strong Value Opportunity, listed at $299,000—positioned well below the $309,527 Fair Market Value by 3%. This valuation gap offers $10,527 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a remodeled kitchen, new flooring, and a private turf patio, this home requires zero immediate capital expenditure. Its "lock and leave" design and proximity to Arcadia dining make it an ideal sanctuary for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3002 N 32ND Street 5 Subject | $299,000* List Price | 2 | 1 | 928 | $336 | - |
A 3012 N 32ND Street 36 Sold | $292,000 | 2 | 1 | 928 | $315 | 0.0 mi |
B 3002 N 32ND Street 13 Pending | $313,000 List Price | 2 | 1 | 928 | $337 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1967, the property has undergone a comprehensive recent renovation including a remodeled kitchen with new cabinets and countertops, a renovated bathroom, new flooring, and fresh paint. Major systems and structural components have also been updated, including a new water heater and a repaired roof, placing it in mint, move-in ready condition.
Situated in the highly desirable Arcadia Lite area, this property offers exceptional proximity to Biltmore shopping, trendy dining, and major freeway access, ensuring strong long-term value.
The home is truly move-in ready with significant upgrades including a remodeled kitchen and bathroom, new flooring, fresh paint, a new water heater, and a repaired roof.
This 'lock and leave' patio home features a private turf patio and an HOA that covers exterior maintenance and recent plumbing upgrades, ideal for busy professionals or seasonal residents.
With only one bathroom serving two bedrooms, the layout may be a drawback for buyers seeking more privacy or convenience for guests and roommates.
The assigned public schools currently hold lower performance ratings, which could impact appeal for families with school-aged children and affect future resale potential.
Location and Leisure come together in this well-maintained, lock and leave condo! Enjoy the benefits of Arcadia Lite, Phoenix and nearby Scottsdale without the stress of property management. Updated Arcadia Lite patio home with major improvements already completed! This move-in ready 2 bed, 1 bath home features a remodeled kitchen with new cabinets & countertops, renovated bathroom, new flooring, fresh paint, updated lighting, new water heater, repaired roof, and refreshed private patio with turf. HOA recently completed plumbing line clearing and exterior waterproofing for added peace of mind. Located near Biltmore, Arcadia dining, shopping, hiking, and freeway access. Community includes pool, covered parking, and maintained common areas.
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 928 | - |
| Lot Size | 1,277 | - |
| Price | $299.0K | $310.8K |
| Price per sq ft | $322 | $272 |
| Built year | 1967 | 0 |
| HOA | $245 | $0 |
| Days on market | 37 | 1408 |
Jun 15, 2026
$299,000
Initial Listing