3501 W ROYAL PALM Road, Phoenix, AZ 85051, Phoenix, 85051 - 3 bed, 3 bath
Loading property details...
Phoenix, AZ 85051
This Well-Maintained Corner Lot Residence is a High-Potential Investment Opportunity, listed at $365,000—positioned well below the $378,824 Fair Market Value by 3%. This valuation gap provides $13,824 in Instant Equity. While maintaining a Condition Rating of 4 due to its vintage 1961 infrastructure, the home is move-in ready with a private play pool, covered patio, and no HOA fees. Located near Cortez High School, this property balances immediate utility with rental upside. It is an ideal acquisition 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 |
|---|---|---|---|---|---|---|
★ 3501 W ROYAL PALM Road Subject | $357,900* List Price | 3 | 3 | 1,457 | $247 | - |
A 3521 W BUTLER Drive Sold | $301,000 | 3 | 2 | 1,329 | $226 | 0.3 mi |
B 3714 W Echo Lane Sold | $262,500 | 3 | 2 | 1,240 | $212 | 0.4 mi |
C 8544 N 33RD Avenue Sold | $340,000 | 3 | 2 | 1,382 | $246 | 0.5 mi |
D 8514 N 38TH Drive Sold | $356,000 | 4 | 2 | 1,288 | $276 | 0.6 mi |
E 7848 N 33RD Drive Sold | $335,000 | 3 | 2 | 1,793 | $187 | 0.3 mi |
F 3625 W ORANGEWOOD Avenue Sold | $320,000 List Price | 4 | 3 | 1,804 | 0.7 mi | |
G 3526 W HARMONT Drive Active | $349,000 List Price | 3 | 2 | 1,467 | $238 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, the home is exceptionally well-maintained and move-in ready as described, but it retains many dated features that align with a 'fair' rating. The kitchen features older oak-style cabinetry and a fluorescent light box, while the interior shows popcorn ceilings and older carpet. Although the bathrooms have seen some updates and the property is clean, it lacks the comprehensive modern renovation or recent construction required for a higher score.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7714, living area = 1457.
The property features a large backyard equipped with a private play pool and a covered patio, providing a highly desirable outdoor oasis for the Phoenix climate.
Maintained in immaculate condition from ceiling to floor, this move-in ready home includes all appliances, making it an ideal choice for first-time buyers or immediate rental use.
Built in 1961, the property may possess older plumbing, electrical, or insulation systems that could require more frequent maintenance than a modern build.
The assigned public schools have ratings ranging from 4 to 5, which may be a drawback for families specifically seeking top-tier educational districts.
You will fall in love with this move-in ready corner lot home. It is in immaculate condition from ceiling to floor and centrally located in Phoenix. You'll be close to great schools & parks, shopping, restaurants, and only minutes to get to the I-17. 3 Good sized bedrooms and a large backyard with play pool, covered patio, and low maintenance landscaping. Lots of cabinet storage space in the kitchen and appliances included. Ideal starter home if you are a first time buyer. It would be a great rental property too for an investor. Come see it for yourself!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 1,457 | 1,620 | 30% |
| Lot Size | 7,714 | 7,706 | 50% |
| Price | $357.9K | $350.0K | 54% |
| Price per sq ft | $246 | $219 | 74% |
| Built year | 1961 | 1967 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 350 | 1% |
Apr 16, 2026
$357,900
$365,000
-2% Price Drop
Initial Listing
Mar 20, 2026
$365,000
Initial Listing