3020 E VIRGINIA Avenue, Phoenix, AZ 85008, Phoenix, 85008 - 3 bed, 3 bath
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Phoenix, AZ 85008
This Fully Remodeled Historic Home is a High-Potential Investment Opportunity listed at $439,000—positioned well below the $454,148 Fair Market Value by 3%. This valuation gap offers $15,148 in Instant Equity for the next owner. Boasting a Condition Rating of 2, the 1925 structure features a rare 3-bedroom, 3-bathroom configuration and permitted upgrades to electrical, plumbing, and sewer systems. With No HOA Restrictions and a large lot, the property ensures long-term reliability and lifestyle flexibility. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3020 E VIRGINIA Avenue Subject | $425,000* List Price | 3 | 3 | 1,354 | $320 | - |
A 2612 N 31ST Street Sold | $384,000 | 3 | 2 | 1,518 | $253 | 0.0 mi |
B 2110 N 25TH Place Sold | $500,000 | 3 | 2 | 1,502 | $333 | 0.8 mi |
C 2110 N 25TH Place Sold | $500,000 | 3 | 2 | 1,508 | $332 | 0.8 mi |
D 2612 N 31ST Street Sold | $384,000 | 3 | 2 | 1,518 | $253 | 0.0 mi |
E 3328 E WILLETTA Street Sold | $390,000 | 3 | 2 | 1,152 | $339 | 1.0 mi |
F 3347 E PALM Lane Sold | $459,550 | 3 | 2 | 1,262 | $364 | 0.7 mi |
G 3319 E MONTE VISTA Road Active Under Contract | $395,000 List Price | 3 | 2 | 1,346 | $293 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1925 home has undergone a comprehensive, permitted full renovation within the last few years, effectively bringing it to like-new condition. The property features a modern kitchen with new cabinetry and stainless steel appliances, updated bathrooms with contemporary tiling, all-new flooring, recessed lighting, and significant upgrades to major systems including electrical, plumbing, and sewer.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7362, living area = 1354.
The home has undergone a full renovation with permits, including critical system upgrades to electrical, plumbing, and sewer, offering modern reliability in a historic 1925 structure.
Situated in the Matthews Tract with no homeowner association, this property offers owners significant freedom and eliminates monthly association dues.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The local public schools, Monte Vista Elementary and Camelback High, have lower ratings (4 and 3 respectively), which may impact appeal for families prioritizing education.
With 1,354 square feet split among three bedrooms and three bathrooms, the living spaces and individual rooms may feel somewhat small or constrained.
Located in the highly desirable Matthews Tract neighborhood with no HOA, this beautifully fully remodeled 3-bedroom, 3-bathroom home offers the perfect blend of style, comfort, and peace of mind. Renovations were completed with permits, ensuring quality and confidence for the next owner. This move-in ready home features all-new flooring, fresh interior and exterior paint, a stunning remodeled kitchen, and updated bathrooms. Major system upgrades include electrical, plumbing, and sewer, providing long-term reliability. Step outside to enjoy the spacious yard, perfect for relaxing, entertaining, or creating your ideal outdoor retreat. A rare opportunity to own a fully updated home in a sought-after neighborhood with no HOA. This is truly a must-see!
No exterior & parking available.
Grades K-8 • 0.9 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 83% |
| Square foot | 1,354 | 1,518 | 37% |
| Lot Size | 7,362 | 7,777.5 | 39% |
| Price | $425.0K | $380.0K | 61% |
| Price per sq ft | $314 | $252 | 71% |
| Built year | 1925 | 1954 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 1569 | 1% |
Apr 24, 2026
$425,000
$439,000
-3% Price Drop
Initial Listing
Mar 20, 2026
$439,000
Initial Listing