3007 W Palo Verde Drive, Phoenix, AZ 85017, Phoenix, 85017 - 3 bed, 1 bath
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Phoenix, AZ 85017
This property presents a High-Potential Investment Opportunity with a List Price of $335,000—positioned well below the $285,553 Fair Market Value by -17%. Given the Condition Rating of 5, this asset requires a comprehensive renovation to address deferred maintenance and mechanical system obsolescence. The inclusion of a Private Pool and No HOA Fees provides a solid foundation for value-add strategies. This project is best suited for Fix-and-Flip Investors or Contractors capable of executing a full-scale rehabilitation to modernize this 1952 residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3007 W Palo Verde Drive Subject | $335,000* List Price | 3 | 1 | 1,320 | $216 | - |
A 3305 W BETHANY HOME Road Sold | $255,000 | 3 | 1 | 1,106 | $231 | 0.4 mi |
B 2829 W PALO VERDE Drive Sold | $350,000 | 3 | 2 | 1,154 | $303 | 0.2 mi |
C 3024 W MARIPOSA Street Sold | $299,000 | 3 | 2 | 1,670 | $179 | 1.0 mi |
D 5711 N 35TH Avenue Sold | $299,000 List Price | 3 | 1 | 1,092 | 0.6 mi | |
E 2827 W CAVALIER Drive Pending | $250,000 List Price | 3 | 1 | 1,335 | $187 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 (74 years old) with no mentioned renovations, this property shows significant signs of deferred maintenance. The presence of a neglected green pool suggests the mechanical systems are likely non-functional, and the age indicates that the kitchen, bath, and core systems (HVAC/Electric) are well beyond their expected lifespan and require a full rehab.
The inclusion of a private pool is a significant value-add for the Phoenix market, offering a dedicated space for outdoor recreation and relief from the summer heat.
The property boasts excellent proximity to major freeways and downtown Phoenix, providing residents with convenient access to major employment centers, shopping, and dining.
With an association fee of zero, this home offers lower monthly carrying costs and greater flexibility for the homeowner compared to properties in governed subdivisions.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1320, other record living area = 1500.
Having only one bathroom for a three-bedroom home may be a significant drawback for families and could impact the property's competitive edge in the market.
Most of the assigned schools, particularly at the elementary and middle levels, carry lower ratings, which may deter education-conscious buyers.
Great location, close to freeways, downtown Phoenix and stores. A family home with pool for wonderful weekends full of fun.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-2 • 1.2 mi
Grades PK-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,320 | - |
| Lot Size | 6,438 | - |
| Price | $335.0K | $495.4K |
| Price per sq ft | $254 | $290 |
| Built year | 1952 | 0 |
| HOA | $0 | $0 |
| Days on market | 65 | 1260 |
May 19, 2026
$335,000
Initial Listing