3039 E CHARTER OAK Road, Phoenix, AZ 85032, Phoenix, 85032 - 3 bed, 2 bath
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Phoenix, AZ 85032
This Mid-Century Modern Block Home is a High-Potential Investment Opportunity listed at $450,000, matching its $450,000 Fair Market Value. The property carries a Condition Rating of 5, serving as a "time capsule" that requires a comprehensive renovation to reach the $1,200,000 potential valuation seen in local remodeled comparables. Situated on a 16,698 sqft lot with horse privileges and mountain views, the site includes a rare mechanic's pit. This high-upside asset is perfectly suited for Fix-and-Flip Investors or Contractors near Shadow Mountain High and Shea Middle School.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3039 E CHARTER OAK Road Subject | $450,000* List Price | 3 | 2 | 1,727 | $261 | - |
A 13025 N 29TH Place Sold | $425,000 List Price | 3 | 2 | 1,477 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 and described as a 'time capsule,' this property is over 70 years old with no significant renovations. The interior features original mid-century elements, dated wall heaters, and vintage kitchen/bath fixtures that require a full rehab to meet modern safety and functional standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16698, living area = 1727.
With a list price of $450,000 and nearby remodeled homes selling for up to $1.2 million, this property offers a substantial opportunity for value appreciation and a high return on investment through renovation.
The oversized 16,698 sqft lot includes rare horse privileges and a vintage corral, providing a unique rural lifestyle and ample space for expansion in a prime Phoenix location.
The property is being sold in as-is condition and is described as a 'time capsule,' indicating that significant immediate capital investment is required for modern updates and structural repairs.
Having been maintained by the same family for over 60 years, the home likely requires comprehensive overhauls of major systems such as plumbing, electrical, and HVAC to meet current building codes.
Own an authentic Mid-Century Modern block home on a huge lot--with horse privileges--in a great close-in neighborhood near Cactus and State Route 51. Car enthusiasts will love the in-ground mechanic's pit in the garage...a rare feature. The home is a charming time capsule preserving the lifestyle of the midcentury when it was built. The same family has lovingly cared for this home for more than 60 years! There is even a vintage corral out back. Remodeled homes on this street have sold for $1.2 million, so the upside is undeniable. Renovate over time or create a stunning transformation all at once. Either way you will reap the benefits of transforming this in-town horse property into the home of your dreams. (Please note this home is being sold as is.) Bring your vision!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,727 | 1,713 | 51% |
| Lot Size | 16,698 | 7,732 | 95% |
| Price | $450.0K | $450.0K | 50% |
| Price per sq ft | $261 | $288 | 41% |
| Built year | 1955 | 1979 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 1451 | 0% |
Mar 22, 2026
$450,000
Initial Listing