3213 N 49TH Lane, Phoenix, AZ 85031, Phoenix, 85031 - 3 bed, 2 bath
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Phoenix, AZ 85031
This Updated Ranch-Style Residence is listed at $359,500, reflecting a stable valuation for a property boasting a Fair Condition Rating and significant recent upgrades. While the price sits above the $328,454 Fair Market Value, the premium is supported by the Massive 13,486 Square Foot Lot and critical Recent Capital Improvements, including a two-year-old roof and fresh interior/exterior paint. Featuring a private pool, updated kitchen cabinets, and a versatile extra room, the home offers immediate functional utility. This property is a strategic acquisition for Owner-Occupants seeking expansive outdoor space or Buy-and-Hold Investors looking for a low-maintenance rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3213 N 49TH Lane Subject | $359,500* List Price | 3 | 2 | 1,305 | $252 | - |
A 5527 W EARLL Drive Sold | $311,855 | 3 | 2 | 1,402 | $222 | 0.9 mi |
B 4943 W FLOWER Street Sold | $329,000 | 4 | 2 | 1,636 | $201 | 0.1 mi |
C 5449 W THOMAS Road Active | $359,000 List Price | 4 | 2 | 1,630 | $220 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this property has received significant recent maintenance including a new roof (2 years old) and fresh interior/exterior paint. While the interior is move-in ready with ceramic tile and updated kitchen cabinets, the overall aesthetic and infrastructure—such as the exposed block walls and basic fixtures—remain dated. The backyard and pool area appear to require additional landscaping and repair, placing the home in the 'fair' category as an aged but functional and maintained residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13486, living area = 1305.
The property sits on a massive 13,486 square foot lot, offering significant outdoor space for potential expansion, ADU construction, or extensive landscaping that is rare for the area.
With a roof replaced only two years ago, fresh interior and exterior paint, and newer kitchen cabinets, the home offers reduced immediate maintenance costs for the buyer.
Originally built in 1958, the property may have aging underlying systems such as plumbing or electrical that could require future updates despite the recent cosmetic renovations.
At 1,305 square feet, the interior living space is relatively modest compared to the large lot size, which may feel restrictive for buyers seeking large open-concept common areas.
This is a great home sitting on a huge lot of 13,486 Square Feet. Roof was replaced 2 years ago, home was recently painted inside and out, large kitchen with newer kitchen cabinets, ceramic tile throughout the home including all bedrooms. Features 3 bedrooms plus an extra room that could be used as another bedroom or office. Home is close to schools and freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,305 | 1,416.5 | 26% |
| Lot Size | 13,486 | 7,244 | 94% |
| Price | $359.5K | $283.7K | 88% |
| Price per sq ft | $275 | $156 | 91% |
| Built year | 1958 | 1957 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 121 | 1374 | 13% |
Dec 26, 2025
$359,500
Initial Listing