
Phoenix, AZ 85019
This property presents a High-Potential Investment Opportunity with a List Price of $345,000—positioned well below the $330,941 Fair Market Value by -4%. Featuring durable red block construction and a large lot size, the home maintains a Condition Rating of 4, indicating a need for modernization. Its proximity to I-17 and Grand Canyon University ensures strong rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to leverage down payment assistance programs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3525 W MARYLAND Avenue Subject | $345,000* List Price | 3 | 2 | 1,416 | $234 | - |
A 3616 W STELLA Lane Sold | $355,000 | 3 | 2 | 1,416 | $251 | 0.1 mi |
B 3618 W RANCHO Drive Sold | $347,000 | 3 | 2 | 1,400 | $248 | 0.6 mi |
C 4243 W CITRUS Way Sold | $316,900 List Price | 3 | 2 | 1,416 | 0.9 mi | |
D 3939 W CAVALIER Drive Sold | $335,000 | 4 | 2 | 1,506 | $222 | 0.6 mi |
E 3742 W Berridge Lane Sold | $345,000 | 3 | 2 | 1,950 | $177 | 0.5 mi |
F 3823 W LAWRENCE Road Sold | $354,000 | 3 | 2 | 1,426 | $248 | 0.5 mi |
G 3823 W LAWRENCE Road Sold | $354,000 | 3 | 2 | 1,421 | $249 | 0.5 mi |
H 3823 W LAWRENCE Road Sold | $354,000 | 3 | 2 | 1,421 | $249 | 0.5 mi |
I 3607 W MCLELLAN Boulevard Active | $365,000 List Price | 3 | 2 | 1,416 | $258 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, the property is dated with a mix of minor cosmetic updates in the bedrooms and older, functional but aged bathrooms. While move-in ready, the home requires modernization of systems and fixtures to address its 60-plus year age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7057, living area = 1416.
The property is ideally situated near I-17 and Grand Canyon University, offering excellent accessibility for commuters and strong potential for rental demand from students and faculty.
With no HOA fees and available down payment assistance for qualified first-time buyers, this home offers a low-barrier entry point into the Phoenix real estate market.
Built in 1959, the home may require updates to its original systems or cosmetic finishes to align with modern buyer expectations and efficiency standards.
The majority of the assigned elementary and middle schools carry low performance ratings, which may impact the property's long-term appeal to families prioritizing education.
Single level, red block home, 3 bedrooms and 2 bathrooms, floor tile and vinyl, separate kitchen, two car port, storage, back patio cover, block fence at back fence also at the front. SRP for electric and Southwest gas for water heater. Near I17, Walmart, and GCU. For qualify first time home buyer down payment assistance available through lender.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-3 • 1.2 mi
Grades K-3 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,416 | - |
| Lot Size | 7,057 | - |
| Price | $345.0K | $495.4K |
| Price per sq ft | $244 | $290 |
| Built year | 1959 | 0 |
| HOA | $0 | $0 |
| Days on market | 12 | 1260 |
Jul 11, 2026
$345,000
Initial Listing