3123 E MICHIGAN Avenue, Phoenix, AZ 85032, Phoenix, 85032 - 3 bed, 2 bath
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Phoenix, AZ 85032
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $375,000—positioned well below the $385,652 Fair Market Value by 2%. This valuation gap offers $10,652 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a newly remodeled kitchen and newer A/C unit, the home provides immediate comfort. While school ratings are modest, the proximity to PVCC and Desert Ridge adds significant lifestyle value. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3123 E MICHIGAN Avenue Subject | $375,000* List Price | 3 | 2 | 1,153 | $334 | - |
A 3101 E Wagoner Road Sold | $412,000 | 2 | 2 | 1,257 | $328 | 0.2 mi |
B 2650 E HARTFORD Avenue Sold | $438,000 | 3 | 2 | 1,532 | $286 | 0.8 mi |
C 2650 E HARTFORD Avenue Sold | $438,000 | 3 | 2 | 1,521 | $288 | 0.8 mi |
D 18236 N 30TH Place Active | $395,000 List Price | 3 | 2 | 1,153 | $343 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a recent comprehensive remodel including a modern all-white kitchen with stone countertops, updated flooring throughout, and a newer HVAC system. While the structure dates to 1989, the interior renovations appear to be less than 5 years old, meeting the criteria for mint condition with no immediate maintenance needed.
The home features a recently remodeled all-white kitchen and updated flooring throughout, offering a modern, move-in-ready aesthetic that appeals to today's buyers.
Situated within walking distance of Paradise Valley Community College and minutes from Desert Ridge Marketplace, the property offers excellent proximity to top-tier shopping, dining, and entertainment.
The inclusion of a newer A/C unit provides significant value and peace of mind, ensuring energy efficiency and reliable climate control in the Phoenix heat.
The assigned public schools have lower performance ratings, ranging from 2 to 4, which may be a concern for families prioritizing academic excellence.
With only 1,153 square feet of living space and a compact lot size, the property may feel restrictive for larger families or those seeking extensive outdoor yard space.
This charming recently remodeled 3-bedroom, 2-bathroom home is move-in ready and located in an amazing North Phoenix neighborhood within walking distance of Paradise Valley Community College (PVCC). Featuring beautiful updated flooring throughout, a bright all-white newly remodeled kitchen, a cozy electric fireplace, and a newer A/C unit, this home offers a warm and inviting feel with upgrades throughout. Enjoy the peace of a quiet residential neighborhood while being just minutes from Desert Ridge Marketplace and approximately 15-20 minutes from Kierland Commons in Scottsdale. With quick access to some of the Valley's best shopping, dining, golf, and entertainment, this location offers the perfect blend of comfort and convenience.
No exterior & parking available.
Grades K-6 • 0.7 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,153 | 1,746 | 7% |
| Lot Size | 3,984 | 7,723.5 | 5% |
| Price | $375.0K | $447.0K | 39% |
| Price per sq ft | $325 | $286 | 68% |
| Built year | 1989 | 1980 | 70% |
| HOA | $159 | $0 | 97% |
| Days on market | 11 | 1509 | 0% |
May 26, 2026
$375,000
Initial Listing