3162 W ALTADENA Avenue, Phoenix, AZ 85029, Phoenix, 85029 - 3 bed, 2 bath
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Phoenix, AZ 85029
This Single Family Residence is listed at $399,000, positioned slightly above the $375,815 Fair Market Value. While currently in Dated Condition, the property offers a significant financial advantage through Seller Finance Terms ($80K down at 7.9%), providing a rare alternative to traditional mortgage products. The home features a Private Pool, Covered Patio, and is located within walking distance of top-rated schools like Moon Valley High School. With No HOA Fees, there is clear potential for forced appreciation through cosmetic updates. This is a strategic opportunity for Owner-Occupants needing flexible financing or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3162 W ALTADENA Avenue Subject | $399,000* List Price | 3 | 2 | 1,362 | $276 | - |
A 3334 W SIERRA Street Sold | $347,500 | 3 | 2 | 1,456 | $239 | 0.2 mi |
B 3433 W POINSETTIA Drive Sold | $315,000 | 3 | 2 | 1,224 | $257 | 0.3 mi |
C 3316 W YUCCA Street Sold | $391,000 | 3 | 2 | 1,590 | $246 | 0.3 mi |
D 3029 W SHAW BUTTE Drive Sold | $346,500 | 3 | 2 | 1,527 | $227 | 0.3 mi |
E 3029 W SHAW BUTTE Drive Sold | $346,500 | 3 | 2 | 1,527 | $227 | 0.3 mi |
F 3050 W CHARTER OAK Road Sold | $390,000 List Price | 3 | 2 | 1,600 | 0.4 mi | |
G 2514 W Larkspur Drive Active Under Contract | $339,000 List Price | 3 | 2 | 1,452 | $233 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this property is in functional but dated condition. The kitchen requires modernization, featuring older painted cabinetry with a misaligned door, dated tile countertops, and older appliances. While there is some newer laminate flooring and neutral paint, the presence of popcorn ceilings and the overall aesthetic suggest the home has not had a major renovation in over 20 years. It is move-in ready but needs cosmetic and system updates to meet current market standards.
The property offers attractive seller finance terms with $80K down at 7.9% for 30 years, providing a flexible entry point for buyers who may not qualify for traditional mortgage products.
Ideally situated for families, the home is within walking distance of several schools, including the highly-rated Moon Valley High School (Rating 7), located just half a mile away.
The absence of a homeowners association means no monthly HOA dues and greater freedom for the owner to customize the property without restrictive community guidelines.
Built in 1962, the home may require significant capital investment to modernize its infrastructure, such as electrical, plumbing, and insulation, to meet current standards.
With only 1,362 square feet of living space for a three-bedroom layout, the interior may feel cramped for larger families or those requiring dedicated home office space.
Seller Finance Terms 80K down at 7.9% for 30yrs
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades PK-6 • 0.7 mi
Grades 6-8 • 0.2 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 | 1,362 | 1,674 | 19% |
| Lot Size | 6,938 | 7,964 | 26% |
| Price | $399.0K | $360.0K | 69% |
| Price per sq ft | $293 | $221 | 93% |
| Built year | 1962 | 1971 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 1123 | 0% |
Apr 3, 2026
$399,000
Initial Listing