316 W HONONEGH Drive 6, Phoenix, AZ 85027, Phoenix, 85027 - 2 bed, 2 bath
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Phoenix, AZ 85027
This single-level townhouse presents a Strong Value Opportunity, listed at $225,000—positioned well above the $210,138 Fair Market Value by -7%. While the property requires modernization, its Fair Condition Rating and Single-Level Accessibility offer a functional foundation for value-add improvements. Located in a quiet community with immediate access to the 101 freeway, this asset provides a strategic balance of commuter convenience and long-term potential. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 316 W HONONEGH Drive 6 Subject | $215,000* List Price | 2 | 2 | 863 | $210 | - |
A 426 W PONTIAC Drive 6 Sold | $239,900 List Price | 2 | 2 | 863 | 0.2 mi | |
B 409 W PONTIAC Drive 1 Sold | $189,266 | 2 | 2 | 994 | $190 | 0.2 mi |
C 432 W BLACKHAWK Drive 2 Sold | $175,000 List Price | 2 | 2 | 863 | 0.1 mi | |
D 20420 N 6TH Drive 1 Pending | $225,000 List Price | 2 | 2 | 1,074 | $209 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1985 (39+ years old) and retains dated features such as popcorn ceilings and older ceramic tile flooring. While the bathroom vanity has been updated and the unit has fresh paint, the overall aesthetic and age of core components fall into the 'Fair' category, requiring further modernization to be considered 'Good'.
The property features fresh interior paint and recently updated baseboards and door trim, providing a refreshed, move-in-ready aesthetic for potential buyers.
The single-level floor plan is a highly desirable feature that enhances accessibility and appeals to a wide demographic, including those looking to avoid stairs.
Situated in a quiet, well-maintained community with immediate proximity to the 101 freeway, the home offers an ideal balance of peace and commuter convenience.
At 863 square feet for a two-bedroom, two-bathroom unit, the living spaces may feel somewhat confined compared to larger townhome alternatives in the area.
Built in 1985, the property may soon require maintenance or replacement of major systems, such as plumbing or HVAC, which are not addressed by cosmetic updates.
Great opportunity to own a single level condo in the north Phoenix area! Fresh paint and recently updated baseboards and door trim for a more modern look. Quiet and well-kept community close to 101 freeway.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 863 | 1,200 | 28% |
| Lot Size | 1,016 | 962.5 | 56% |
| Price | $215.0K | $193.5K | 56% |
| Price per sq ft | $249 | $173 | 88% |
| Built year | 1985 | 1985 | 50% |
| HOA | $175 | $195 | 41% |
| Days on market | 18 | 1544 | 3% |
Jun 7, 2026
$215,000
$225,000
-4% Price Drop
Initial Listing
May 22, 2026
$225,000
Initial Listing