3115 W MELINDA Lane, Phoenix, AZ 85027, Phoenix, 85027 - 3 bed, 2 bath
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Phoenix, AZ 85027
This Single Family Residence is a Strong Value Opportunity, listed at $404,444—positioned above the $386,609 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3, featuring a versatile split floorplan and a bonus room ideal for remote work. With No HOA, RV gate access, and a covered patio, it provides significant utility for homeowners. Located near the I-17 and Loop 101, it offers excellent commuter access. This home is an ideal acquisition for first-time buyers or owner-occupants seeking a functional, move-in ready space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3115 W MELINDA Lane Subject | $404,444* List Price | 3 | 2 | 1,284 | $301 | - |
A 21057 N 33RD Drive Sold | $390,000 | 3 | 2 | 1,200 | $325 | 0.4 mi |
B 21057 N 33RD Drive Sold | $390,000 | 3 | 2 | 1,200 | $325 | 0.4 mi |
C 21810 N 31ST Drive Sold | $426,000 | 3 | 2 | 1,593 | $267 | 0.1 mi |
D 3320 W Melinda Lane Sold | $387,000 | 3 | 2 | 1,640 | $236 | 0.2 mi |
E 22006 N 34th Lane Sold | $437,000 | 4 | 2 | 1,503 | $291 | 0.5 mi |
F 21424 N 30TH Avenue Sold | $400,000 | 3 | 2 | 1,284 | $312 | 0.2 mi |
G 3214 W Louise Drive Pending | $400,000 List Price | 3 | 2 | 1,310 | $305 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1996, the home is approximately 28 years old but shows clear signs of a partial renovation within the last 5-15 years. Updates include modern laminate/LVP flooring in main areas and fresh interior paint. While the kitchen features older white appliances and original tile, the overall property is well-maintained, functional, and move-in ready.
The property features a highly functional split floorplan and a dedicated bonus room, offering flexible space for a home office, media room, or guest area.
The absence of an HOA provides homeowners with greater freedom and cost savings, while the RV gate and storage shed add significant utility for outdoor enthusiasts.
Ideally situated near the I-17 and Loop 101 interchange, this home offers excellent accessibility to major employment hubs, shopping, and dining in North Phoenix.
At 1,284 square feet for a three-bedroom home plus a bonus room, the individual living spaces and bedrooms may feel somewhat small for larger families.
While schools are conveniently located within walking distance, the local middle school has a lower rating, which may be a consideration for education-focused buyers.
Need a Phoenix home with flexible living space and functional outdoor features? Located in the North Phoenix Deer Valley area near I-17 and Loop 101, this property offers a split floorplan with a spacious great room, open kitchen, breakfast nook, and versatile bonus room ideal for an office, media space, hobby room, or guest area. The primary suite includes a private bath, while the backyard features a covered patio, garden area, storage shed, RV gate access, and low-maintenance space with room to personalize. Conveniently located near shopping, dining, parks, and everyday amenities.
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 7-8 • 0.5 mi
Grades 9-12 • 0.6 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 | 1,284 | 1,416.5 | 34% |
| Lot Size | 6,910 | 7,071 | 44% |
| Price | $404.4K | $367.0K | 70% |
| Price per sq ft | $315 | $254 | 79% |
| Built year | 1996 | 1985 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 1236 | 1% |
May 25, 2026
$404,444
Initial Listing