
Phoenix, AZ 85053
This property presents a High-Potential Investment Opportunity with a List Price of $315,000—positioned well below the $325,470 Fair Market Value by 3%. This valuation gap offers $10,470 in Instant Equity for buyers. With a Condition Rating of 4, the home requires modernization, yet its large lot and proximity to top-rated schools (7/10) provide significant upside. This is a strategic asset ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3202 W ACAPULCO Lane Subject | $315,000* List Price | 3 | 1 | 1,309 | $247 | - |
A 3221 W GREENWAY Road Sold | $311,000 | 2 | 2 | 1,324 | $235 | 0.1 mi |
B 3708 W REDFIELD Road Sold | $375,000 | 3 | 2 | 1,475 | $254 | 0.9 mi |
C 3829 W CARIBBEAN Lane Sold | $395,000 | 4 | 2 | 1,490 | $265 | 0.8 mi |
D 3702 W MARCONI Avenue Sold | $344,900 | 3 | 2 | 1,264 | $273 | 0.8 mi |
E 14846 N 32ND Drive Sold | $345,000 | 3 | 2 | 1,408 | $245 | 0.2 mi |
F 3356 W MAUNA LOA Lane Sold | $322,000 | 3 | 2 | 1,128 | $285 | 0.3 mi |
G 3265 W MAUNA LOA Lane Pending | $350,000 List Price | 3 | 2 | 1,128 | $310 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970 (54 years old), the property has received some recent cosmetic updates including new laminate flooring and fresh interior paint. However, the kitchen remains dated with older painted cabinetry and laminate countertops, and the presence of popcorn ceilings throughout indicates a need for further modernization. The listing's description as a 'blank canvas' and the unlandscaped exterior suggest that while functional and move-in ready, the home requires significant updates to the kitchen, baths, and potentially aging systems to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7640, living area = 1309.
The absence of a homeowner's association offers residents greater freedom and eliminates monthly fees, significantly reducing the total cost of ownership.
The property is ideally located near well-rated educational institutions, including Acacia Elementary and Greenway High School, both of which hold a 7/10 rating.
As a 1970s original structure described as needing a personal touch, buyers should budget for substantial cosmetic and potentially mechanical improvements.
With only one bathroom listed in the core data for a three-bedroom residence, the layout may present functional challenges for larger families or multi-resident households.
This charming single-family home offers approximately 1,309 square feet of living space. It features three bedrooms and two bathrooms, providing ample space and flexibility. The property is priced to sell and is situated in a great location, allowing for convenient access to the surrounding area. The home is a blank canvas, awaiting the buyer's personal touch to transform it into their ideal living space. With no homeowner's association fees, this property presents a unique opportunity for the discerning buyer.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 0.3 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,309 | - |
| Lot Size | 7,640 | - |
| Price | $315.0K | $495.4K |
| Price per sq ft | $241 | $290 |
| Built year | 1970 | 0 |
| HOA | $0 | $0 |
| Days on market | 73 | 1260 |
May 10, 2026
$315,000
Initial Listing