
Phoenix, AZ 85051
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Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3101 W LOMA Lane Subject | $265,000* List Price | 3 | 2 | 1,536 | $163 | - |
A 8110 N 31ST Drive Sold | $225,000 | 3 | 2 | 1,536 | $146 | 0.2 mi |
B 8110 N 31ST Drive Sold | $225,000 | 3 | 2 | 1,536 | $146 | 0.2 mi |
C 3203 W ROYAL PALM Road Sold | $270,000 | 3 | 3 | 1,686 | $160 | 0.2 mi |
D 3203 W Royal Palm Road Sold | $270,000 | 3 | 3 | 1,686 | $160 | 0.2 mi |
E 3203 W ROYAL PALM Road Sold | $270,000 | 3 | 3 | 1,686 | $160 | 0.2 mi |
F 8121 N 32nd Avenue Sold | $255,000 | 2 | 2 | 1,536 | $166 | 0.2 mi |
G 8021 N 32ND Avenue Active Under Contract | $240,000 List Price | 3 | 2 | 1,536 | $156 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a complete interior remodel in 2022, meeting the criteria for an extensive renovation within the last 5 years. The updates include a modern kitchen with grey shaker cabinets and quartz countertops, contemporary light fixtures, wood-look tile flooring throughout, and a new HVAC system installed in 2022. The finishes are current and the property shows no signs of deferred maintenance.
The property underwent a comprehensive remodel in 2022, including the installation of a new HVAC system, ensuring modern aesthetic appeal and reduced immediate maintenance costs.
With a reliable tenant in place until May 2026 paying $1,700 per month, this property offers immediate cash flow and a proven rental history for savvy investors.
At 1,536 square feet, this 3-bedroom townhouse provides a generous open floor plan that is significantly larger than many competing units in the North Mountain area.
The long-term lease agreement through mid-2026 makes this property unsuitable for buyers looking for a primary residence to occupy in the near future.
The $279 monthly association fee increases the total monthly carrying costs, which may impact the net return on investment compared to non-HOA properties.
Welcome to 3101 W Loma Lane, a beautifully updated 3-bed, 2-bath townhouse offering approximately 1,536 sq ft of living space in Phoenix's desirable North Mountain area. The home underwent a complete remodel in 2022 and includes a new HVAC system (2022), providing modern finishes and peace of mind. The open layout offers comfortable living and flexible space for everyday life, guests, or a home office. Conveniently located near shopping, dining, parks, and freeway access. Currently tenant-occupied until 5/3/26 at $1,700/month with great tenant that always pays on time. Tenant has expressed interest in extending the lease if purchased as an investment, making this a great opportunity for investors or future owner-occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 62% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,536 | 1,008 | 69% |
| Lot Size | 2,914 | 966 | 91% |
| Price | $265.0K | $209.0K | 76% |
| Price per sq ft | $173 | $166 | 53% |
| Built year | 1979 | 1979 | 50% |
| HOA | $279 | $220 | 87% |
| Days on market | 87 | 753 | 2% |
Jan 29, 2026
$265,000
Initial Listing