
Phoenix, AZ 85012
This Modern Central Phoenix Residence is a Strong Value Opportunity, listed at $475,000—positioned well below the $492,560 Fair Market Value by 3%. This valuation gap provides $17,560 in Instant Equity. Boasting a Condition Rating of 3, the home features a new roof, fresh interior paint, and brand-new flooring, ensuring a turnkey transition. The 8,178 sqft lot offers significant outdoor utility in a prime urban corridor near Longview Elementary. This is an ideal acquisition for First-Time Buyers or Buy-and-Hold Investors seeking a low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 344 E OSBORN Road Subject | $475,000* List Price | 3 | 2 | 1,306 | $377 | - |
A 322 E MITCHELL Drive Sold | $595,000 List Price | 3 | 2 | 1,615 | 0.1 mi | |
B 321 E MITCHELL Drive Active Under Contract | $549,900 List Price | 3 | 2 | 1,568 | $351 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1995 (31 years old), the property is well-maintained and move-in ready with significant recent updates including a new roof, brand-new flooring, and fresh interior paint. While the kitchen cabinetry and countertops are dated, the major systems and cosmetic surfaces have been addressed, requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8178, living area = 1306.
The property features a brand-new roof, fresh interior paint, and new flooring, significantly reducing immediate move-in costs and future maintenance concerns for the buyer.
Situated in the heart of Phoenix (85012), the home offers excellent proximity to urban amenities, including top-tier dining, shopping, and essential services.
The assigned public schools have lower ratings (ranging from 3 to 5), which may be a drawback for families prioritizing high-performing educational districts.
At 1,306 square feet for a three-bedroom layout, the interior space may feel somewhat constrained for buyers seeking more expansive living or storage areas.
Welcome to your ''why didn't I move here sooner?'' home in the heart of central Phoenix--fully move-in ready, so you can skip the projects and go straight to living your best life. Big wins include a new roof, fresh interior paint, and brand-new flooring (aka the expensive stuff is already done--you're welcome).This 3 bed, 2 bath cutie with a 2-car garage is perfect for a first-time buyer or an investor who likes easy wins. The layout is functional, the vibes are fresh, and the maintenance list is basically nonexistent. Location? Right where you want to be--close to shopping, dining, and all the essentials... because a 30-minute coffee run is just unnecessary.
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades 7-8 • 1.8 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,306 | 2,166.5 | 21% |
| Lot Size | 8,178 | 9,557 | 21% |
| Price | $475.0K | $237.5K | 50% |
| Price per sq ft | $364 | $131 | 58% |
| Built year | 1995 | 1950 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 2085 | 3% |
Apr 9, 2026
$475,000
Initial Listing