
Phoenix, AZ 85027
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $399,900—positioned well below the $415,868 Fair Market Value by 3%. This valuation gap offers $15,968 in Instant Equity for the buyer. With a Fair Condition Rating, the home features a functional split floor plan, a versatile 14x12 loft, and mountain views. Located within walking distance to Paseo Hills Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add home in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3038 W SANDS Drive Subject | $399,900* List Price | 3 | 3 | 1,846 | $228 | - |
A 22221 N 31ST Drive Sold | $323,000 | 3 | 2 | 1,305 | $248 | 0.1 mi |
B 22625 N 30TH Avenue Sold | $450,000 | 3 | 2 | 1,608 | $280 | 0.4 mi |
C 3027 W ZACHARY Drive Sold | $368,000 | 4 | 2 | 1,444 | $255 | 0.7 mi |
D 3042 W ROSE GARDEN Lane Sold | $345,000 | 2 | 2 | 1,284 | $269 | 0.7 mi |
E 20806 N 32ND Avenue Sold | $393,000 | 3 | 2 | 1,554 | $253 | 0.9 mi |
F 20806 N 32ND Avenue Sold | $393,000 | 3 | 2 | 1,554 | $253 | 0.9 mi |
G 21842 N 34th Avenue Sold | $435,000 | 4 | 2 | 1,626 | $268 | 0.4 mi |
H 21820 N 32ND Avenue Active | $420,000 List Price | 3 | 2 | 1,519 | $276 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this 24-year-old property falls into the 'Fair' category as it exceeds the 20-year mark without a full renovation. While the home features updated LVP flooring and appears well-maintained, the kitchen and bathrooms retain original builder-grade oak cabinetry, laminate countertops, and dated white appliances. Major systems like HVAC and electric are likely nearing the end of their typical 20-25 year lifespan, and the interior finishes require modern updates to meet current market standards.
Priced under $400,000 and situated on the largest lot in the subdivision, this property offers rare affordability and superior outdoor flexibility compared to neighboring homes.
The interior features a versatile 14x12 loft, a split floor plan for privacy, and the rare convenience of walk-in closets in every bedroom plus an upstairs laundry room.
The property is within walking distance to Paseo Hills Elementary and offers desirable mountain views, combined with easy access to the I-17 and Loop 101 for commuting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1846, other record living area = 1750.
A mismatch between county records (1,750 sqft) and the appraisal (1,846 sqft) may require extra due diligence and documentation during the financing and appraisal process.
Despite being the largest in the community, the sub-5,000 sqft lot and desert landscaping may feel restrictive for buyers seeking a large traditional lawn or a private pool.
New 3.5 ton AC unit installed in July 2026. Hard to find 1850 sf home, priced below market on an oversized lot. This property stands out as it sits on the largest lot in the neighborhood, offering plenty of room and flexibility. Inside, you'll find three bedrooms, each with its own walk-in closet providing excellent storage. There's also a versatile 14x12 loft, perfect for a home office or a playroom. The split floor plan ensures privacy, with the master suite thoughtfully separated from the secondary bedrooms. The master bedroom features a large vanity area, separate tub and shower, and a generous walk-in closet. On the main floor, a spacious great room and dining area are illuminated by abundant windows, filling the space with natural l The kitchen is equipped with a walk-in pantry, making meal prep and storage a breeze. Laundry is conveniently located on the second floor, so you won't need to haul loads up and down stairs. There's also extra space for a freezer or shelving to suit your needs. The home's layout is designed to maximize every square foot, creating an efficient and comfortable living environment. Outdoors, the east-facing patio provides pleasant afternoon shade, while the side yard is ideal as a dog run. The backyard features low-maintenance desert landscaping, and the HOA takes care of the front yard, keeping the neighborhood tidy. Location is another plus--Paseo Hills Elementary is within walking distance, and you're close to I-17, Loop 101, shopping, and dining options. This home combines comfort, functionality, and value--all in a delightful community.
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,846 | - |
| Lot Size | 4,959 | - |
| Price | $399.9K | $495.4K |
| Price per sq ft | $217 | $290 |
| Built year | 2000 | 0 |
| HOA | $111 | $0 |
| Days on market | 34 | 1260 |
Jun 19, 2026
$399,900
Initial Listing