3121 W GREENWAY Road, Phoenix, AZ 85053, Phoenix, 85053 - 4 bed, 3 bath
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Phoenix, AZ 85053
This Spacious Multi-Generational Residence is a High-Potential Investment Opportunity with a List Price of $420,000—positioned well below the $475,838 Fair Market Value by 11%. This valuation gap offers $55,838 in Instant Equity for buyers. Maintained in Good Condition, the layout features dual primary suites and a backyard oasis with a sparkling pool and waterfall. Located near 7-rated schools and the redeveloped Metrocenter Mall, it balances immediate lifestyle perks with long-term appreciation. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3121 W GREENWAY Road Subject | $420,000* List Price | 4 | 3 | 2,503 | $190 | - |
A 3535 W SAINT MORITZ Lane Sold | $377,551 | 4 | 2 | 2,033 | $186 | 0.7 mi |
B 3402 W CROCUS Drive Sold | $505,000 | 4 | 3 | 2,360 | $214 | 0.7 mi |
C 14846 N 32nd Drive Sold | $345,000 | 3 | 2 | 1,582 | $218 | 0.3 mi |
D 15039 N 30th Drive Active | $400,000 List Price | 4 | 2 | 2,160 | $185 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows evidence of significant updates despite its 1971 build date. The kitchen features updated cabinetry, stainless steel appliances, and a modern mosaic tile backsplash. Interior finishes include a mix of tile and wood-look laminate flooring, recessed lighting, and updated ceiling fans. While the home has not undergone a full top-to-bottom renovation within the last 5 years, the systems and aesthetics appear well-maintained and functional, fitting the criteria for a 'good' condition rating.
The home features two primary suites, including one upstairs for enhanced privacy, making it an ideal layout for multi-generational living or guest accommodations.
The backyard is a standout feature with a sparkling pool, waterfall, covered patio, and RV parking, plus additional space to build a casita or RV garage.
Located just minutes from the redeveloped Metrocenter Mall and the I-17 freeway, the property offers excellent convenience and potential for future value appreciation.
With only a 1-car garage for a 4-bedroom home, parking and storage for multiple vehicles may be a challenge for larger households.
Built in 1971, the home may require more frequent maintenance or updates to its original systems compared to newer constructions in the area.
Welcome to this beautifully maintained 4-bedroom, 3-bath single-family home in Phoenix, featuring two primary suites--one upstairs for added privacy. The backyard is an entertainer's dream with a sparkling pool, waterfall, and covered patio. Additional highlights include RV parking, a 1-car garage, and ample space to build a casita or RV garage. Located just minutes from the redeveloped Metrocenter Mall and near the I-17 freeway, this home offers both convenience and comfort. Don't miss this exceptional opportunity!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 0.4 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 2,503 | 1,600 | 97% |
| Lot Size | 7,807 | 8,199 | 34% |
| Price | $420.0K | $345.8K | 79% |
| Price per sq ft | $168 | $226 | 33% |
| Built year | 1971 | 1976 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 1148 | 1% |
Apr 1, 2026
$420,000
Initial Listing