3033 E DEVONSHIRE Avenue 1016, Phoenix, AZ 85016, Phoenix, 85016 - 1 bed, 1 bath
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Phoenix, AZ 85016
This Updated Senior Living Condo is listed at $148,000, offering a stable entry point into the market near its $146,398 Fair Market Value. Featuring a Condition Rating of 3, the unit underwent extensive 2020 and 2021 updates, including a modernized walk-in shower and stainless steel appliances. The ground-level layout provides a serene courtyard and fountain view from the private patio, located in the sought-after Arcadia Lite area near Camelback High School. This turnkey residence is an ideal fit for Active Seniors or Seasonal Residents seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3033 E DEVONSHIRE Avenue 1016 Subject | $148,000* List Price | 1 | 1 | 576 | $254 | - |
A 3033 E DEVONSHIRE Avenue 1023 Sold | $115,000 | 1 | 1 | 576 | $200 | 0.0 mi |
B 3033 E DEVONSHIRE Avenue 2009 Active Under Contract | $139,900 List Price | 1 | 1 | 576 | $243 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and underwent significant updates in 2020 and 2021. It features modern stainless steel appliances, updated countertops, and a fully renovated walk-in shower with contemporary tiling. While the kitchen cabinets and some structural elements reflect the original 1981 construction, the overall condition is well-maintained with updated flooring and light fixtures, requiring no immediate renovations.
Situated in the desirable Arcadia Lite area, this ground-level unit offers walking distance to shopping and dining, while directly bordering Los Olivos Park for easy outdoor access.
The condo was updated in 2020 and 2021, featuring a modernized interior and an upgraded, larger walk-in shower, reducing the need for immediate capital improvements.
The property is VA and FHA approved with no rental restrictions, making it an excellent opportunity for investors or buyers looking for flexible financing options.
Being located within a 55+ senior living community significantly limits the pool of potential buyers and occupants to a specific age demographic.
With only 576 square feet of living space, the unit's small footprint may be a drawback for those requiring extra storage or room for guests.
SELLER OFFERING SELLER CONCESSIONS*VA,FHA,CONVENTIONAL APPROVED,RENTALS OK/NO RESTRICTIONS,PET FRIENDLY*SIMPLISTIC LIFESTYLE,VIEW FROM THE PATIO OF COURTYARD AND FOUNTAIN, THIS 1 BEDROOM 1 BATHROOM CONDO LAARGER WALK IN SHOWER...PREVIOUS OWNER UPDATED UNIT IN 2020&2021, LOCATED IN THE ARCADIA LITE AREA, KNOWN FOR ITS AFFORDABILITY, CONVENIENCE & TRENDY VIBE, GROUND LEVEL WITH FULL VIEW OF THE FOUNTAIN AND COURTYARD FROM PATIO, INTERCOM SYSTEM FOR PRIVACY AND SECURITY,INTERIOR ELEVATORS,SENIOR LIVING 55+ COMMUNITY*LOVELY CONDO NESTLED BETWEEN ARCADIA AND THE BILTMORE WITHIN WALKING DISTANCE OF SHOPPING, RESTAURANTS AND SENIOR CENTER,VERY WELL MAINTAINED GROUNDS WITH EXERCISE FACILITY LIBRARY SITTING AND CONFERENCE ROOMS OUTDOOR GAZEBO,COMMUNITY BACKS RIGHT UP TO LOS OLIVOS PARK/FRISBEE GOL
No exterior & parking available.
Grades PK-4 • 1.3 mi
Grades 5-8 • 1.9 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 576 | - |
| Lot Size | 576 | - |
| Price | $148.0K | $310.8K |
| Price per sq ft | $257 | $272 |
| Built year | 1981 | 0 |
| HOA | $319 | $0 |
| Days on market | 290 | 1408 |
Oct 6, 2025
$148,000
Initial Listing