
Phoenix, AZ 85008
This Modernized Single-Family Residence is a High-Potential Investment Opportunity with a List Price of $575,000—positioned well below the $600,715 Fair Market Value by 4%. This valuation gap offers $25,715 in Instant Equity. Featuring a High-Quality Renovation with Quartz Countertops and Large-Format Tile, the property holds an Excellent Condition Rating. With No HOA, RV Parking, and plans for a Guest House Conversion near Papago School, it balances luxury with upside. This is an ideal asset for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3247 E SHERIDAN Street Subject | $575,000* List Price | 3 | 3 | 2,298 | $261 | - |
A 3827 E Vernon Avenue Sold | $445,000 | 4 | 3 | 1,941 | $229 | 0.7 mi |
B 2815 N 32ND Place Sold | $495,000 | 3 | 2 | 1,798 | $275 | 0.3 mi |
C 2815 N 32ND Place Sold | $495,000 | 4 | 2 | 1,830 | $270 | 0.3 mi |
D 2312 N 31ST Place Active | $548,000 List Price | 4 | 3 | 2,000 | $274 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1952, the property has undergone an extensive, high-quality renovation within the last 5 years. The interior features a fully modernized kitchen with quartz waterfall countertops, flat-panel cabinetry, and premium built-in stainless steel appliances. Bathrooms are completely updated with contemporary tile work, glass enclosures, and matte black fixtures. The home boasts consistent large-format tile flooring, recessed lighting, and updated windows throughout, meeting current luxury standards with no visible deferred maintenance.
The home features high-end contemporary finishes including quartz countertops, large-format tile flooring, and a chef-inspired kitchen with built-in appliances, offering a move-in-ready aesthetic.
The property includes a detached garage with existing architectural plans for a guest house conversion, providing significant value-add potential for rental income or multi-generational living.
The absence of a Homeowners Association offers residents greater freedom and cost savings, while the dedicated RV parking caters to outdoor enthusiasts with large recreational vehicles.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2298, other record living area = 1544.
The assigned public schools have lower academic ratings (3/10), which may be a drawback for families prioritizing high-performance educational environments.
Originally constructed in 1952, the property may possess aging underlying systems typical of mid-century homes that could require more maintenance than a newer build despite recent cosmetic updates.
Fall in love with this gorgeous 3-bedroom 3 bath home with no HOA! Inside, you'll find a perfect blend of style and comfort, featuring large-format tile promoting a modern feel, recessed lighting, plenty of natural light, and neutral paint. The impeccable kitchen boasts ample cabinetry, tile backsplash, beautiful quartz countertops, built-in appliances, and an island with a breakfast bar, perfect for entertaining and casual meals. The primary retreat offers a closet, a bathroom with double sinks, and easy outdoor access. Out back, you'll have ample seating space for gatherings and relaxation, RV parking, and a detached 1-car garage that can be used as an office or hobby space. See attached architectural plans to make the detached garage into a guest house.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 83% |
| Square foot | 2,298 | 1,518.5 | 89% |
| Lot Size | 8,647 | 7,780 | 71% |
| Price | $575.0K | $380.0K | 82% |
| Price per sq ft | $250 | $251 | 49% |
| Built year | 1952 | 1954 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 1569 | 2% |
Feb 17, 2026
$575,000
Initial Listing