3054 W TIERRA BUENA Lane, Phoenix, AZ 85053, Phoenix, 85053 - 4 bed, 2 bath
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Phoenix, AZ 85053
This Spacious Single-Story Residence represents a Strong Value Opportunity, listed at $450,000—positioned well below the $469,782 Fair Market Value by 4%. This valuation gap provides $19,782 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home offers a functional layout with new windows and a massive 14,005 sqft lot with RV access. While the interior reflects its 1983 origins, it provides a solid foundation for cosmetic modernization. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3054 W TIERRA BUENA Lane Subject | $450,000* List Price | 4 | 2 | 2,054 | $229 | - |
A 14418 N 29TH Avenue Sold | $522,000 | 4 | 2 | 1,870 | $279 | 0.8 mi |
B 14418 N 29TH Avenue Sold | $522,000 | 3 | 2 | 1,870 | $279 | 0.8 mi |
C 3550 W EMIG Road Sold | $530,000 List Price | 4 | 2 | 1,972 | 0.7 mi | |
D 3550 W EMIG Road Sold | $560,000 List Price | 4 | 2 | 1,972 | 0.7 mi | |
E 15611 N 30TH Avenue Sold | $425,900 List Price | 3 | 2 | 1,688 | 0.2 mi | |
F 3144 W JUNIPER Avenue Sold | $445,000 | 4 | 2 | 1,934 | $230 | 0.7 mi |
G 3339 W EVANS Drive Sold | $424,900 List Price | 4 | 2 | 1,846 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983 (41 years old), the home features some recent updates like new windows and laminate/concrete flooring. However, the kitchen cabinetry, tile, and popcorn ceilings appear to be over 20 years old and dated. The property is functional and move-in ready but requires cosmetic modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14005, living area = 2054.
The oversized 14,005 sqft corner lot features an RV gate and ample space, offering rare flexibility and storage for outdoor enthusiasts without the restrictions of an HOA.
The inclusion of brand-new windows provides significant value by improving energy efficiency and noise reduction, a critical feature for the Phoenix climate.
Built in 1983, the home features older wood cabinetry and track lighting that may require cosmetic updates to meet modern aesthetic preferences.
The assigned elementary and middle schools carry moderate ratings (5/10), which may be a consideration for education-focused buyers compared to higher-rated districts.
The search is finally over! This corner lot property welcomes you with a 2-car garage, an RV gate, a charming desert landscape, and a mature tree for natural shade. Discover a serene living room with a soothing palette and sleek concrete flooring. Gather loved ones in the great room, complete with an inviting fireplace for relaxing evenings. The kitchen features a breakfast nook, wood cabinetry, contemporary track lighting, built-in appliances, and a center island. The primary bedroom includes sliding door access to the backyard, an ensuite with dual sinks, and a convenient walk-in closet. Venture out onto the sizeable backyard, showcasing a covered patio, a large storage shed, and tons of space for crafting your own outdoor oasis. Make this gem yours now! NO HOA! NEW WINDOWS!
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,054 | - |
| Lot Size | 14,005 | - |
| Price | $450.0K | $495.4K |
| Price per sq ft | $219 | $290 |
| Built year | 1983 | 0 |
| HOA | $0 | $0 |
| Days on market | 25 | 1260 |
Jun 27, 2026
$450,000
Initial Listing