
Phoenix, AZ 85053
This property presents a High-Potential Investment Opportunity with a List Price of $380,000—positioned well below the $393,066 Fair Market Value by 3%. This valuation gap offers $13,066 in Instant Equity for buyers prepared to manage a short sale. With a Condition Rating of 5, the home requires a full rehab, but the 11,082 sqft lot and 4-bedroom layout provide significant value-add potential. Located near top-rated schools like Acacia Elementary, this is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3112 W ACOMA Drive Subject | $380,000* List Price | 4 | 4 | 2,055 | $191 | - |
A 3041 W ACOMA Drive Sold | $401,000 | 3 | 2 | 1,820 | $220 | 0.1 mi |
B 3016 W ACOMA Drive Sold | $415,000 | 3 | 2 | 1,848 | $225 | 0.1 mi |
C 3221 W GREENWAY Road Sold | $311,000 | 2 | 2 | 1,324 | $235 | 0.5 mi |
D 3802 W MAUNA LOA Lane Sold | $279,900 | 3 | 2 | 1,380 | $203 | 0.8 mi |
E 3222 W HEARN Road Active Under Contract | $400,000 List Price | 5 | 2 | 2,127 | $188 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1967 (>50 years old) with no evidence of recent renovations. The property is a short sale in distressed condition; interior photos show a partially gutted bathroom, severely damaged flooring, and significant neglect. It requires a full rehab to address cosmetic and likely system-related deficiencies.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11082, living area = 2055.
With 4 bedrooms and 4 bathrooms, this home offers an exceptional ratio of living space to utility, making it ideal for large families or multi-generational living.
The property sits on a significant 11,082 sqft lot, providing ample space for outdoor entertaining, gardening, or potential future additions.
As a short sale subject to lender approval, buyers must be prepared for a potentially lengthy and complex closing timeline.
The listing indicates the home requires 'TLC,' suggesting that immediate capital investment will be necessary to address repairs and cosmetic updates.
Great home with some TLC needed. Short Sale opportunity. Sale is subject to lender approval. Great opportunity for buyers willing to allow additional time for the short sale approval process.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades PK-6 • 1.0 mi
Grades 7-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,055 | - |
| Lot Size | 11,082 | - |
| Price | $380.0K | $495.4K |
| Price per sq ft | $185 | $290 |
| Built year | 1967 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 1260 |
Jul 9, 2026
$380,000
Initial Listing