3422 W LEODRA Lane, Phoenix, AZ 85041, Phoenix, 85041 - 4 bed, 3 bath
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Phoenix, AZ 85041
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $450,000—positioned well below the $471,224 Fair Market Value by 4%. This valuation gap offers $21,224 in Instant Equity for the buyer. Featuring a Good Condition Rating with extensive 2025 renovations including new AC units and fresh paint, the home is move-in ready. While school ratings are modest, the proximity to South Mountain Park and modern interior upgrades make this an ideal choice for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3422 W LEODRA Lane Subject | $450,000* List Price | 4 | 3 | 3,181 | $147 | - |
A 3327 W LEODRA Lane Sold | $445,000 | 4 | 3 | 3,181 | $140 | 0.1 mi |
B 3233 W PLEASANT Lane Sold | $540,000 | 5 | 4 | 3,770 | $143 | 0.3 mi |
C 3233 W PLEASANT Lane Sold | $540,000 | 5 | 4 | 3,770 | $143 | 0.3 mi |
D 3302 W HIDALGO Avenue Sold | $389,000 | 4 | 3 | 2,229 | $175 | 0.4 mi |
E 2918 W FREMONT Road Sold | $470,000 List Price | 5 | 3 | 3,764 | 0.8 mi | |
F 7218 S 40TH Lane Sold | $415,000 | 4 | 3 | 2,483 | $167 | 0.9 mi |
G 7218 S 40TH Lane Sold | $415,000 | 4 | 3 | 2,483 | $167 | 0.9 mi |
H 3215 W POLLACK Street Sold | $390,000 | 3 | 3 | 2,167 | $180 | 0.6 mi |
I 3227 W APOLLO Road Pending | $440,000 List Price | 5 | 3 | 3,144 | $140 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (19 years old), the property is well-maintained and move-in ready. It features significant recent capital improvements including two new AC units, fresh interior/exterior paint, and new carpeting all completed in 2025. While the kitchen and bathrooms appear original to the build date, the major systems are updated, meeting the 'Good' criteria for its age bracket.
The property features significant recent upgrades including two brand-new AC units, fresh interior and exterior paint, new carpeting, and a new refrigerator, significantly reducing immediate move-in costs and maintenance concerns.
At 3,181 square feet, this home offers a generous floor plan with four bedrooms and a versatile loft, providing an excellent price-per-square-foot value for families requiring extra room.
Located just 2.5 miles from South Mountain Park and within a community featuring biking paths and playgrounds, the home is ideally positioned for residents who prioritize an active, outdoor lifestyle.
The assigned public schools carry a rating of 3 out of 10, which may be a deterrent for families prioritizing high-performing educational environments and could impact future appreciation.
The 6,380 square foot lot is relatively modest for a home of this size, resulting in limited backyard space for those seeking a large private garden or extensive outdoor entertaining area.
Spacious 3,181 sq ft, 4-bed, 3-bath home in Southern Views with a versatile loft flex room, great room, and covered patio. All new carpet as well as interior and exterior paint in 2025. Kitchen features an island, breakfast bar, pantry, new refrigerator in 2025, built-in microwave, and dishwasher. Primary suite includes separate shower and tub with double vanity. Two new AC units installed 2025. Two-car garage with opener. Inside upstairs laundry. Tile roof, block fencing, and desert front landscaping. HOA includes common area maintenance with biking/walking path and playground on-site. Approx. 2.5 mi to South Mountain Park. 1.8 mi to Collective Coffee. FHA, VA, and conventional financing accepted.
No exterior & parking available.
Grades K-8 • 0.9 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,181 | - |
| Lot Size | 6,380 | - |
| Price | $450.0K | $495.4K |
| Price per sq ft | $141 | $290 |
| Built year | 2007 | 0 |
| HOA | $200 | $0 |
| Days on market | 61 | 1260 |
May 23, 2026
$450,000
Initial Listing