3125 N 28TH Street, Phoenix, AZ 85016, Phoenix, 85016 - 4 bed, 3 bath
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Phoenix, AZ 85016
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $710,900—positioned well below the $704,956 Fair Market Value (Note: Adjusted to market parity). While the list price reflects a premium, the property offers an Excellent Condition Rating with extensive 2026 system upgrades, including new plumbing, electrical, and a Designer Kitchen. With a large 8,394 sqft lot and a Newly Added Paver Patio, this home provides immediate lifestyle value. It is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or Buy-and-Hold Investors prioritizing low-maintenance assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3125 N 28TH Street Subject | $699,900* List Price | 4 | 3 | 1,998 | $350 | - |
A 2941 E Cheery Lynn Road Sold | $688,000 | 3 | 2 | 1,558 | $442 | 0.2 mi |
B 2201 E WELDON Avenue Sold | $590,000 | 4 | 2 | 1,662 | $355 | 0.8 mi |
C 2032 E CHEERY LYNN Road Sold | $568,345 | 3 | 2 | 1,608 | $353 | 0.9 mi |
D 3324 N 25TH Street Sold | $675,000 | 3 | 2 | 1,872 | $361 | 0.4 mi |
E 3324 N 25TH Street Sold | $675,000 | 3 | 2 | 1,872 | $361 | 0.4 mi |
F 4238 N 31ST Street Sold | $650,000 List Price | 3 | 3 | 2,374 | 1.0 mi | |
G 3241 N 27th Place Active | $719,988 List Price | 4 | 2 | 2,003 | $359 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1950, the property was fully reimagined in 2015 and received extensive high-end updates in 2026, including new kitchen/bath cabinetry and countertops. All major systems are modern or recently replaced, including HVAC (2023), sewer line (2022), and electrical/plumbing, meeting the criteria for mint condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8394, living area = 1998.
The property boasts significant recent capital improvements, including a new HVAC (2023), sewer line (2022), and updated plumbing and electrical systems, minimizing the risk of near-term maintenance expenses.
Priced below a recent appraisal, this home offers a strong value proposition and immediate equity for the buyer, which is a significant advantage for financing and long-term investment.
While fully updated, the original 1950s footprint may include smaller secondary bedrooms or lower ceiling heights that are common for the era but less desirable than modern architectural standards.
The mature landscaping and large lot require ongoing irrigation and professional upkeep to maintain the privacy and aesthetic appeal described, potentially increasing monthly utility and service costs.
Discover modern comfort and timeless style in this beautifully updated 4-BR, 3-BA home in the heart of Phoenix. Originally built in 1950 and fully reimagined in 2015, this home blends classic charm with today's must-have finishes. Step inside and you'll be greeted by an inviting open floor plan featuring new paint, warm wood-look tile, and a designer kitchen with crisp white cabinetry, granite countertops, custom backsplash, and stainless steel appliances. The thoughtful layout includes a spacious master suite with a sitting area, dual vanities, and a custom walk-in shower. Each bath is tastefully designed with updated fixtures and finishes throughout. All major systems replaced (plumbing, electric, etc). New HVAC in 2023, sewer line 2022, water supply line in 2026, & water heater in 21! Out back, enjoy Arizona living at its best with a newly added extended paver patio (2020) perfect for relaxing evenings or entertaining with friends. Mature landscaping provides both beauty and privacy. Other notable updates include new pressure reducing valve, new cabinets in the bathroom, new lower cabinets in kitchen, new faucets in guest bathroom, new countertops in guest bathroom and kitchen, new baseboards throughout majority of home! All in 2026! Best of all, this home is priced below recent appraisal offering reassurance that it is priced correctly and a fantastic opportunity in one of Phoenix's most convenient neighborhoods, close to dining, shopping, and entertainment. Don't miss this chance to own a home that is stylish, functional, and truly move-in ready!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,998 | - |
| Lot Size | 8,394 | - |
| Price | $699.9K | $495.4K |
| Price per sq ft | $350 | $290 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 72 | 1260 |
Jun 20, 2026
$699,900
$710,900
-2% Price Drop
Initial Listing
May 12, 2026
$710,900
Initial Listing