321 E MITCHELL Drive, Phoenix, AZ 85012, Phoenix, 85012 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85012
This Modern Midtown Residence is a strategically positioned asset listed at $549,900, aligning with its $549,900 Fair Market Value. Built in 1995, the home provides contemporary infrastructure and a Fair Condition Rating, featuring a Granite Kitchen, stainless appliances, and a private Patio. The property is defined by its Oversized 8,695 SQFT Lot, offering significantly more outdoor utility and expansion potential than typical area bungalows. Located near the Biltmore corridor and Light Rail, this is a premier choice for Owner-Occupants or Buy-and-Hold Investors seeking long-term stability in a high-demand urban core.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 321 E MITCHELL Drive Subject | $549,900* List Price | 3 | 2 | 1,568 | $351 | - |
A 322 E MITCHELL Drive Sold | $595,000 List Price | 3 | 2 | 1,615 | 0.0 mi | |
B 322 E MITCHELL Drive Sold | $399,000 List Price | 3 | 2 | 1,615 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, this 31-year-old home is well-maintained and move-in ready but shows clear signs of aging in its primary systems and aesthetic. The kitchen features stainless steel appliances and granite countertops, but the glazed cabinetry and tumbled stone backsplash reflect a renovation style from approximately 15-20 years ago. Similarly, the primary bathroom's furniture-style vanity and glass block shower wall are dated. While the wood-look laminate flooring appears newer, the overall property fits the criteria for 'fair' due to its age and the lack of a comprehensive, modern renovation within the last 5-10 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8695, living area = 1568.
Situated in the heart of Midtown Phoenix, the property offers exceptional access to the light rail, Downtown, the Biltmore corridor, and major freeways, making it a highly desirable central hub.
The 8,695 sqft lot is significantly larger than average for the area, providing rare flexibility for outdoor entertaining, gardening, or future structural expansion.
The assigned public schools have lower performance ratings (ranging from 3 to 5), which may be a drawback for families prioritizing high-ranking educational districts.
At 1,568 square feet for a three-bedroom residence, the living spaces and secondary bedrooms may feel somewhat limited for buyers seeking more generous indoor proportions.
Located in the heart of Midtown Phoenix this 3 bedroom 2 bath home sits on an oversized lot offering space flexibility and a highly desirable central location. The home features a functional open layout with comfortable living areas abundant natural light and a large oversized laundry room with additional storage and workspace. The expanded primary suite includes an extended master bath creating a private retreat. The spacious backyard offers room for outdoor living entertaining gardening or future expansion. Conveniently located near Downtown Phoenix the Biltmore corridor dining shopping light rail access major hospitals parks and freeway connections. Ideal as a primary residence or investment opportunity in one of Phoenix's most sought after neighborhoods.
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 1.0 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 | 1,568 | 2,166.5 | 26% |
| Lot Size | 8,695 | 9,557 | 32% |
| Price | $549.9K | $274.9K | 50% |
| Price per sq ft | $351 | $131 | 58% |
| Built year | 1995 | 1950 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 2086 | 3% |
Feb 27, 2026
$549,900
Initial Listing