
Phoenix, AZ 85051
This Updated Residential Townhouse is a Prime Investment Opportunity, listed at $203,000—positioned well below the $212,606 Fair Market Value by 4%. This valuation gap provides $9,606 in Instant Equity. The property maintains a Condition Rating of 3, featuring shaker cabinets, laminate flooring, and critical system updates including a newer A/C and 2022 roof coating. Located steps from Cortez High School, the home includes a private yard and 2-car covered parking. This versatile asset is perfectly suited for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3313 W Golden Lane Subject | $199,000* List Price | 2 | 1 | 986 | $209 | - |
A 3421 W TANGERINE Lane Sold | $147,500 | 2 | 1 | 986 | $150 | 0.2 mi |
B 3414 W TANGERINE Lane Sold | $189,000 List Price | 2 | 2 | 986 | 0.1 mi | |
C 3212 W ROYAL PALM Road Sold | $215,000 | 2 | 2 | 924 | $233 | 0.7 mi |
D 8218 N 34TH Drive Sold | $165,000 | 3 | 1 | 1,021 | $162 | 0.6 mi |
E 8030 N 32ND Lane Sold | $185,000 | 2 | 1 | 792 | $234 | 0.8 mi |
F 8053 N 32ND Drive Sold | $140,000 | 2 | 1 | 924 | $152 | 0.7 mi |
G 3421 W TANGERINE Lane Pending | $204,500 List Price | 2 | 1 | 986 | $207 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1974, the property has undergone significant updates within the 5-15 year range, including shaker cabinets and laminate flooring. Major systems are well-maintained with a newer A/C, brand new water heater, and a 2022 roof coating, making it functional and move-in ready.
The property features significant recent upgrades including a newer A/C system, a brand-new water heater, and a roof re-coated in 2022, offering peace of mind and reduced immediate maintenance costs.
With ceramic kitchen tile and laminate wood flooring throughout, the interior is designed for resilience, making it an ideal 'turn-key' option for first-time homeowners or rental investors.
The home provides exceptional functional space for a townhouse, including a private yard, a large storage room with laundry hookups, and covered parking for two vehicles.
The property only features one bathroom for two bedrooms, which may limit its appeal for small families or co-living arrangements compared to units with a second half-bath.
The assigned elementary school, Alta Vista, has a rating of 2, which could be a deterrent for families prioritizing high-performing school districts and may impact future resale value.
Terrific first-time home or buy-and-hold rental. This property is very resilient with ceramic kitchen tile, laminated wood flooring in the living room, and bedrooms. Shaker kitchen cabinets and granite-looking Formica. This home has a beautiful bathroom. In a private townhouse community, with a lovely small yard, washer and dryer hookup in a large storage room off of the covered parking area for 2 vehicles. Newer A/C, Brand New Water Heater, and the flat roof was re-coated in 2022
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 7-8 • 1.5 mi
Grades 9-12 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 986 | - |
| Lot Size | 2,121 | - |
| Price | $199.0K | $341.8K |
| Price per sq ft | $202 | $259 |
| Built year | 1974 | 0 |
| HOA | $130 | $0 |
| Days on market | 108 | 1211 |
Jun 4, 2026
$199,000
$203,000
-2% Price Drop
Initial Listing
Apr 6, 2026
$203,000
Initial Listing