3006 E KERRY Lane E, Phoenix, AZ 85050, Phoenix, 85050 - 3 bed, 2 bath
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Phoenix, AZ 85050
This Value-Add Starter Home is a Strong Value Opportunity, listed at $420,000—positioned well below the $424,418 Fair Market Value by 1%. This valuation gap offers $4,418 in Instant Equity. While currently holding a Fair Condition Rating, the property boasts high-value upgrades including a new HVAC (12/2025), paid-off solar, and new dual-pane windows. Located near Desert Ridge with access to Pinnacle High School, it balances immediate system reliability with cosmetic upside. This is an ideal opportunity for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3006 E KERRY Lane E Subject | $399,900* List Price | 3 | 2 | 1,476 | $264 | - |
A 3117 E Escuda Road Sold | $500,000 | 3 | 2 | 1,509 | $331 | 0.5 mi |
B 3017 E SIESTA Lane Sold | $299,900 List Price | 3 | 2 | 1,272 | 0.2 mi | |
C 20028 N 30TH Place Sold | $470,000 | 3 | 2 | 1,570 | $299 | 0.5 mi |
D 3218 E ORAIBI Drive Sold | $515,000 | 3 | 2 | 1,485 | $347 | 0.3 mi |
E 3234 E WICKIEUP Lane Sold | $438,000 | 3 | 2 | 1,485 | $295 | 0.3 mi |
F 3234 E WICKIEUP Lane Sold | $438,000 | 3 | 2 | 1,485 | $295 | 0.3 mi |
G 3125 E SIESTA Lane Pending | $474,900 List Price | 3 | 2 | 1,476 | $322 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (37 years old), the property is described as a starter home needing updates and sold 'as-is,' indicating dated kitchen and bath interiors. However, the score is elevated to 'Fair' due to significant recent system improvements, including a brand-new HVAC (12/2025), new dual-pane windows, and newer Arcadia doors.
The property features a solar power system that will be fully paid off at closing, a nearly new AC unit (installed 12/2025), and updated dual-pane kitchen windows and Arcadia patio doors.
Ideally situated with quick access to the SR-51 and Loop 101 freeways and the Desert Ridge shopping district, offering excellent connectivity and lifestyle convenience.
With no monthly HOA fees and the benefit of a paid-off solar system, this home offers significantly lower recurring carrying costs compared to neighboring communities.
The home is sold in 'As-Is' condition and is marketed as a starter home needing personal touches, indicating a likely need for cosmetic updates or deferred maintenance repairs.
The 5,037-square-foot lot is relatively small for the area, resulting in a 'cozy' backyard that may not satisfy buyers looking for significant outdoor space or privacy.
Great family neighborhood. Three bedrooms, split plan and 2 baths. Eat in Kitchen, formal dining room. Cozy backyard. Solar unit will be paid off at Close of Escrow. Great starter home looking for someone to make this their perfect home. AC 12/2025, newer Arcadia Doors to patio, New Dual Pane Windows in Kitchen. Property SOLD ''As Is''. Location is close to The 51 and The 101. Close to Desert Ridge.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 7-8 • 2.4 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,476 | 1,962 | 18% |
| Lot Size | 5,037 | 6,159 | 27% |
| Price | $399.9K | $500.0K | 41% |
| Price per sq ft | $271 | $299 | 42% |
| Built year | 1989 | 1998 | 10% |
| HOA | $0 | $142 | 15% |
| Days on market | 46 | 1595 | 0% |
May 9, 2026
$399,900
$420,000
-5% Price Drop
Initial Listing
Apr 30, 2026
$420,000
Initial Listing