
Phoenix, AZ 85051
This Move-In Ready Townhouse represents a Strong Value Opportunity, listed at $225,000—positioned slightly above the $213,837 Fair Market Value. While the property requires future maintenance on aging infrastructure, its Condition Rating of 4 reflects recent cosmetic updates, including fresh paint and new countertops. The efficient 924 sqft layout, featuring a private patio and a functional half-bath, provides a practical living solution. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, low-maintenance entry point into the Phoenix market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3338 W LAS PALMARITAS Drive Subject | $225,000* List Price | 2 | 2 | 924 | $231 | - |
A 3414 W TANGERINE Lane Sold | $189,000 List Price | 2 | 2 | 986 | 0.4 mi | |
B 3212 W ROYAL PALM Road Sold | $215,000 | 2 | 2 | 924 | $233 | 0.3 mi |
C 8056 N 32nd Lane Sold | $209,000 | 2 | 2 | 924 | $226 | 0.3 mi |
D 8030 N 32ND Lane Sold | $185,000 | 2 | 1 | 792 | $234 | 0.3 mi |
E 3212 W ROYAL PALM Road Sold | $215,000 | 2 | 2 | 924 | $233 | 0.3 mi |
F 8801 N 34TH Avenue Sold | $273,000 | 3 | 2 | 1,102 | $248 | 0.5 mi |
G 3426 W TANGERINE Lane Active | $185,000 List Price | 2 | 2 | 986 | $188 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property has received recent cosmetic 'lipstick' updates including fresh paint, recessed lighting, and new kitchen countertops/backsplash. However, the kitchen cabinets show visible damage/wear, the flooring is dated, and the utility area reveals an older water heater and unfinished surfaces, indicating that while move-in ready, the primary systems and cabinetry are aged and will likely require maintenance or further replacement soon.
The townhouse has been recently updated and is move-in ready, offering a turnkey solution for buyers looking to avoid the cost and time of immediate renovations.
Listed at $225,000, this property represents a highly affordable entry point into the Phoenix housing market, making it an attractive option for first-time homeowners or investors.
The floor plan is efficiently designed with a guest-friendly half-bath on the main level and a full bathroom upstairs, providing a practical separation of living and sleeping areas.
At just 924 square feet, the interior living area is relatively compact, which may be a constraint for those requiring extra storage or a more spacious environment.
Built in 1973, the property is over 50 years old, which may necessitate more frequent maintenance or future upgrades to major systems compared to newer builds.
Beautiful and cozy updated townhouse move in ready. This unit has half bath downstairs and one full bathroom upstairs and decent sized bedrooms.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 924 | 986 | 40% |
| Lot Size | 770 | 900 | 11% |
| Price | $225.0K | $190.0K | 74% |
| Price per sq ft | $244 | $160 | 97% |
| Built year | 1973 | 1979 | 26% |
| HOA | $255 | $220 | 63% |
| Days on market | 7 | 1394 | 3% |
May 30, 2026
$225,000
Initial Listing