
Phoenix, AZ 85048
This Turnkey Lakewood Residence is a Prime Investment Opportunity listed at $650,000—positioned well below the $663,498 Fair Market Value by 2%. This valuation gap secures $13,498 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the home features a 2024 modernized kitchen, remodeled bathrooms, and major 2021 system updates including the roof and HVAC. With a sparkling pool, mountain views, and access to the 9/10 rated Kyrene de los Lagos School, this property offers immediate lifestyle luxury. It is an ideal acquisition for Owner-Occupants or growing families seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3324 E BROOKWOOD Court Subject | $632,000* List Price | 4 | 3 | 2,046 | $318 | - |
A 15839 S 33RD Way Sold | $619,400 | 3 | 3 | 2,051 | $302 | 0.2 mi |
B 3748 E TANGLEWOOD Drive Sold | $633,000 | 4 | 3 | 2,209 | $287 | 0.6 mi |
C 2822 E Muirwood Drive Sold | $640,000 | 4 | 3 | 2,347 | $273 | 0.6 mi |
D 2736 E BROOKWOOD Court Sold | $725,000 | 4 | 3 | 2,229 | $325 | 0.7 mi |
E 15809 S 31ST Street Sold | $640,000 | 4 | 2 | 2,236 | $286 | 0.3 mi |
F 16404 S 29TH Street Sold | $620,000 | 4 | 3 | 2,029 | $306 | 0.7 mi |
G 16223 S 38TH Place Pending | $582,500 List Price | 4 | 3 | 2,035 | $286 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1995, the property has undergone extensive renovations within the last five years, meeting the criteria for excellent condition. Major systems including the roof, HVAC, and water heater were replaced in 2021. The interior features a fully modernized kitchen with 2024 stainless steel appliances, and all bathrooms were remodeled in 2023/2024. The home shows high-quality finishes such as contemporary wood-look flooring, updated light fixtures, and a well-maintained outdoor pool area, making it completely move-in ready with no deferred maintenance.
Elementary School: Kyrene de los Lagos School (9/10).
The property features significant recent capital improvements, including a new roof, HVAC system, and water heater all replaced in 2021, providing long-term peace of mind and reduced maintenance costs.
The home is move-in ready with high-end updates, including bathrooms remodeled in 2023/2024 and new stainless steel kitchen appliances installed in 2024.
The 5,759-square-foot lot is relatively compact for a four-bedroom home with a pool, which may limit additional yard space or privacy between neighbors.
The monthly association fee of $228 adds a consistent carrying cost to the property that buyers must factor into their long-term affordability calculations.
Welcome to this beautifully updated Ahwatukee home, in the desirable Lakewood Community. Offering 4 beds & 2.5 baths, this move-in-ready residence combines comfort, style & major system updates for peace of mind. The roof, AC & water heater were all replaced in 2021 & the kitchen features stainless steel appliances installed in 2024. Step inside to find a living/dining room perfect for entertaining, along with an open-concept family room that flows into the kitchen. The primary suite is complete with a large walk-in closet & private balcony overlooking the backyard/pool/mountain view. The primary & guest baths were beautifully remodeled in 2023/2024. The backyard oasis features a large covered patio & sparkling pool. Enjoy Lakewood's scenic lakes, walking paths & vibrant community!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,046 | 2,162 | 45% |
| Lot Size | 5,759 | 6,970 | 30% |
| Price | $632.0K | $446.0K | 76% |
| Price per sq ft | $309 | $218 | 84% |
| Built year | 1995 | 1992 | 75% |
| HOA | $228 | $200 | 91% |
| Days on market | 49 | 1686 | 0% |
Apr 22, 2026
$632,000
$650,000
-3% Price Drop
Initial Listing
Mar 4, 2026
$650,000
Initial Listing