319 W ROYAL PALM Road, Phoenix, AZ 85021, Phoenix, 85021 - 3 bed, 2 bath
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Phoenix, AZ 85021
This property presents a High-Potential Investment Opportunity with a List Price of $900,000—positioned well above the $753,744 Fair Market Value by -19%. While the home requires a full interior renovation, the 14,079 SF Irrigated Lot and New 2025 HVAC System provide a solid foundation for value-add strategies. The 562 SF Bonus Space offers significant versatility for expansion. Given the Condition Rating of 5, this asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive modernization project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 319 W ROYAL PALM Road Subject | $875,000* List Price | 3 | 2 | 2,808 | $277 | - |
A 702 W WHY WORRY Lane Sold | $815,000 | 5 | 3 | 2,805 | $291 | 0.6 mi |
B 8002 N 5TH Avenue Sold | $685,000 List Price | 3 | 2 | 2,631 | 0.2 mi | |
C 8039 N 11TH Avenue Sold | $915,000 | 4 | 3 | 3,276 | $279 | 0.4 mi |
D 7730 N 7TH Avenue Sold | $625,000 | 3 | 3 | 2,225 | $281 | 0.4 mi |
E 131 W DIANA Avenue Sold | $670,000 List Price | 4 | 3 | 2,263 | 0.5 mi | |
F 8324 N 8TH Avenue Active Under Contract | $700,000 List Price | 3 | 3 | 2,268 | $309 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 (>70 years old) and sold 'AS-IS' with 'Good Bones' marketing, indicating the property requires a full interior rehab of kitchen and baths. While the HVAC is noted as new in 2025, the age and 'opportunity' description suggest the home has not had significant interior updates in over 30 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14079, living area = 2808.
The property features a substantial 14,079 SF irrigated lot, providing a rare and valuable amount of outdoor space for the area with established irrigation infrastructure.
A brand-new HVAC system installed in 2025 ensures immediate climate control reliability and energy efficiency, representing a significant recent capital improvement.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2808, other record living area = 2245.
The home is being sold in as-is condition, which typically signals that the property requires updates or repairs that the seller will not be addressing.
Built in 1954 and described as having 'good bones,' the interior likely requires a comprehensive renovation to meet contemporary aesthetic and functional standards.
North Central home ready for a remodel! 3 bed/2bath on a large irrigated lot (14,079 sq ft).New HVAC installed 2025. 2,303 sq.ft home includes a permitted addition. Home is being sold ''As Is''
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,808 | - |
| Lot Size | 14,079 | - |
| Price | $875.0K | $495.4K |
| Price per sq ft | $312 | $290 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 66 | 1260 |
Jun 18, 2026
$875,000
$900,000
-3% Price Drop
Initial Listing
May 18, 2026
$900,000
Initial Listing