3109 N 89TH Drive, Phoenix, AZ 85037, Phoenix, 85037 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85037
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $360,000—positioned well above the $305,867 Fair Market Value by 17%. While the property lacks instant equity, it offers significant value-add potential through modernization. Featuring a New A/C Unit, a Large 7,932 sq ft Lot, and an RV Gate, the home maintains a Fair Condition Rating. Its proximity to the Westgate Entertainment District provides strong rental appeal. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3109 N 89TH Drive Subject | $360,000* List Price | 3 | 2 | 1,236 | $247 | - |
A 8622 W COLUMBUS Avenue Sold | $295,000 | 3 | 2 | 1,242 | $238 | 0.5 mi |
B 4121 N 89TH Lane Sold | $350,000 | 3 | 2 | 1,160 | $302 | 0.7 mi |
C 2533 N 88TH Lane Sold | $300,000 | 2 | 2 | 1,110 | $270 | 0.6 mi |
D 8902 W COLUMBUS Avenue Sold | $380,000 | 4 | 2 | 1,486 | $256 | 0.3 mi |
E 8623 W INDIANOLA Avenue Sold | $370,000 | 4 | 2 | 1,710 | $216 | 0.6 mi |
F 8738 W SHERIDAN Street Sold | $355,000 | 3 | 2 | 1,570 | $226 | 0.7 mi |
G 8704 W CATALINA Drive Pending | $305,000 List Price | 3 | 2 | 1,284 | $238 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the home is over 40 years old and retains many dated features such as popcorn ceilings and older cabinetry. While the HVAC is new and the kitchen has received minor cosmetic updates (paint and backsplash), the laminate countertops and overall age of the finishes place it in the fair category, requiring further modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7932, living area = 1236.
The property is ideally situated just minutes from the Westgate Entertainment District, offering convenient access to premier shopping, dining, and major freeways.
The inclusion of a brand-new A/C unit provides significant immediate value and peace of mind for buyers, particularly in the Phoenix climate.
Built in 1979, the home may require modernization of interior finishes or updates to older systems to meet contemporary standards.
The assigned schools have relatively low ratings, with the elementary school at a 3 and the high school at a 4, which may be a concern for education-focused families.
NEW A/C UNIT! This is a beautiful 3-bedroom, 2-bath home on a 7,932sq ft lot in a prime location. Enjoy the Westgate Entertainment District just a few minutes away. There's also nearby parks, schools, shopping, dining, and easy freeway access, ideal for family living. Backyard features a low-maintenance yard, RV gate, and storage shed.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,236 | 1,666.5 | 13% |
| Lot Size | 7,932 | 6,332 | 85% |
| Price | $360.0K | $332.5K | 58% |
| Price per sq ft | $291 | $194 | 96% |
| Built year | 1979 | 1997 | 19% |
| HOA | $0 | $40 | 46% |
| Days on market | 4 | 755 | 1% |
Jun 2, 2026
$360,000
Initial Listing