3017 N 87TH Avenue, Phoenix, AZ 85037, Phoenix, 85037 - 4 bed, 2 bath
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Phoenix, AZ 85037
This Updated Single-Family Residence is a Prime Investment Opportunity, listed at $345,000—positioned well below the $358,126 Fair Market Value by 3%. This valuation gap delivers $13,126 in Instant Equity. Boasting a Condition Rating of 3, the home features a modernized Granite Kitchen with Stainless Steel Appliances and energy-efficient Dual-Pane Windows. With No HOA fees and a private Backyard with a Covered Patio, the property offers long-term financial flexibility and lifestyle utility. Located near Desert Horizon Elementary, this move-in-ready asset is ideal for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3017 N 87TH Avenue Subject | $342,000* List Price | 4 | 2 | 1,549 | $230 | - |
A 8833 W MONTE VISTA Road Sold | $385,000 | 4 | 2 | 1,575 | $244 | 0.8 mi |
B 8725 W EDGEMONT Avenue Sold | $385,000 List Price | 3 | 2 | 1,552 | 0.2 mi | |
C 8663 W MONTEREY Way Sold | $375,000 | 4 | 3 | 1,634 | $229 | 0.2 mi |
D 8623 W INDIANOLA Avenue Sold | $370,000 | 4 | 2 | 1,710 | $216 | 0.6 mi |
E 8738 W SHERIDAN Street Sold | $355,000 | 3 | 2 | 1,570 | $226 | 0.5 mi |
F 8902 W COLUMBUS Avenue Sold | $380,000 | 4 | 2 | 1,486 | $256 | 0.6 mi |
G 8332 W INDIANOLA Avenue Pending | $370,000 List Price | 4 | 2 | 1,573 | $235 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several key updates, including a kitchen with granite countertops and stainless steel appliances, as well as energy-efficient dual-pane windows. While the home was built in 1974, the interior shows well-maintained tile flooring and functional living spaces that do not require immediate renovation.
The kitchen features desirable granite countertops and stainless steel appliances, offering a move-in-ready aesthetic and functional workspace for homeowners.
Equipped with dual-pane windows and ceiling fans throughout, the home is well-optimized for the Phoenix climate, helping to maintain comfort and manage utility costs.
The property boasts a large backyard with mature trees and a cozy patio, providing a private and shaded environment for relaxation and outdoor entertaining.
The home features a carport rather than a fully enclosed garage, which may be a disadvantage for buyers seeking maximum vehicle security or additional enclosed storage.
Built in 1974, the property may require more frequent maintenance or updates to its original systems compared to newer residential developments in the area.
Start creating lasting memories in this adorable 4-bedroom home with carport parking! Come inside to find an inviting living room graced with abundant natural light that flows effortlessly into the dining area. You'll also LOVE the custom palette, a blend of tile & carpet flooring, dual pane windows, and ceiling fans for year-round comfort. The kitchen offers granite counters, stainless steel appliances, and plenty of cabinet space. Have a good night's sleep in the sizable primary bedroom, which includes a private bathroom, bringing convenience to your everyday routine. Unwind and relax in the large backyard, complete with a cozy patio and mature trees that provide refreshing shade. Don't miss out on this incredible opportunity!
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,549 | 1,776 | 36% |
| Lot Size | 6,003 | 6,161 | 44% |
| Price | $342.0K | $355.0K | 47% |
| Price per sq ft | $221 | $198 | 66% |
| Built year | 1974 | 1998 | 9% |
| HOA | $0 | $48 | 42% |
| Days on market | 55 | 342 | 0% |
Apr 23, 2026
$342,000
$343,000
+0% Price Increase
Initial Listing
Apr 16, 2026
$343,000
$345,000
-1% Price Drop
Initial Listing
Mar 2, 2026
$345,000
Initial Listing