
Phoenix, AZ 85029
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $320,000—positioned well below the $347,505 Fair Market Value by 7%. This valuation gap provides $27,505 in Instant Equity for the buyer. Featuring a 4-bedroom, 2-bath layout with an oversized kitchen and distant mountain views, the property holds a Condition Rating of 4, requiring modernization. Located near highly-rated Moon Valley High School, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3311 W PARADISE Drive Subject | $320,000* List Price | 4 | 2 | 1,886 | $184 | - |
A 3816 W MERCER Lane Sold | $235,000 List Price | 3 | 2 | 1,869 | 0.9 mi | |
B 3213 W SAHUARO Drive Sold | $335,000 | 3 | 2 | 1,543 | $217 | 0.8 mi |
C 3937 W PARADISE Drive Sold | $385,000 | 4 | 2 | 2,052 | $188 | 0.8 mi |
D 4013 W GARDEN Drive Sold | $230,000 List Price | 4 | 2 | 1,871 | 1.0 mi | |
E 12629 N ROSEWOOD Avenue Sold | $345,000 | 3 | 2 | 1,830 | $189 | 0.6 mi |
F 3816 W MERCER Lane Sold | $274,900 List Price | 3 | 2 | 1,869 | 0.9 mi | |
G 3101 W CORTEZ Avenue Pending | $339,900 List Price | 4 | 2 | 2,137 | $159 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this home is functional but significantly dated, fitting the >20-year age profile for original or older renovations. The kitchen features dated white laminate, older appliances, and wallpaper, while the interior shows popcorn ceilings and mirrored closets. The listing's 'estate sale' status and 'move in and improve' description suggest that while livable, the systems and finishes require updates to meet modern standards.
Priced below the current appraised value as an estate sale, this property offers immediate equity and significant upside for buyers looking to build value through strategic improvements.
Boasting 1,886 sqft with 4 bedrooms and an oversized kitchen, the home provides a larger-than-average footprint for its vintage, featuring a practical layout with a fireplace and skylights.
The property is ideally located within walking distance of multiple schools, including the highly-rated Moon Valley High School, making it an attractive option for families and long-term renters.
The home is being sold in its present condition and requires modernization, which will necessitate an additional capital investment for repairs and aesthetic upgrades.
As an estate sale where the seller has never occupied the home, there is limited historical data regarding maintenance and past repairs, increasing the importance of a thorough professional inspection.
Estate sale being offered by the Personal Representative and priced below appraised value. Appraisal is available upon request and can also be found in the Documents tab. Seller has never occupied the home, and information is limited to the estate's knowledge and available records. This offering is intended to provide buyers with a clear pricing benchmark and meaningful upside in exchange for a straightforward purchase of the home in its present condition. Buyer to verify all facts, figures, condition, square footage, schools, utilities, and any other items of material importance. This older Phoenix home offers good bones, a practical layout, and meaningful room to create value. The oversized kitchen provides more space than typically expected in a home of this vintage, while the skylight, fireplace, and natural light give the interior warmth, character, and a strong foundation to build from. The home has the kind of original charm and usable footprint that can work for a variety of buyers, whether the goal is to move in and improve over time, complete a larger remodel, create a rental, or pursue a value-add resale project. A compelling estate opportunity with flexibility, upside, and plenty of room to improve, personalize, and build equity.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades PK-6 • 0.6 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,886 | - |
| Lot Size | 6,688 | - |
| Price | $320.0K | $495.4K |
| Price per sq ft | $170 | $290 |
| Built year | 1961 | 0 |
| HOA | $0 | $0 |
| Days on market | 15 | 1260 |
Jul 8, 2026
$320,000
Initial Listing