35732 N 31ST Drive, Phoenix, AZ 85086, Phoenix, 85086 - 5 bed, 3 bath
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Phoenix, AZ 85086
This Spacious Value-Add Residence in the premier Tramonto community is listed at $585,000, representing a stable entry into a high-demand market relative to its $436,272 Fair Market Value. Boasting a Condition Rating of 4, the 3,227 sqft interior features a Granite Kitchen, five bedrooms, and a Three-Car Garage, offering significant potential for modernization. Situated steps from Sunset Ridge Elementary (Rating 7) and Boulder Creek High (Rating 8), the home balances functional living with a Raised Patio, deck, and access to Top-Rated Schools. It is an ideal match for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 35732 N 31ST Drive Subject | $575,000* List Price | 5 | 3 | 3,227 | $134 | - |
A 35822 N 33RD Lane Sold | $586,500 | 5 | 4 | 3,376 | $174 | 0.3 mi |
B 35822 N 33RD Lane Sold | $586,500 | 5 | 4 | 3,376 | $174 | 0.3 mi |
C 35746 N 32ND Lane Sold | $626,350 | 6 | 3 | 2,939 | $213 | 0.1 mi |
D 3005 W VIA DE PEDRO MIGUEL -- Sold | $575,000 | 5 | 4 | 3,936 | $146 | 0.4 mi |
E 3222 W DONATELLO Drive Sold | $435,000 List Price | 4 | 3 | 2,940 | 0.2 mi | |
F 3222 W DONATELLO Drive Sold | $639,000 List Price | 4 | 3 | 2,940 | 0.2 mi | |
G 35735 N 31ST Avenue Active | $570,000 List Price | 5 | 3 | 3,309 | $172 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, this 20-year-old home is functional but dated. The kitchen features original-style oak cabinetry and older black appliances, and the interior shows visible wear including stained carpeting and dated paint colors. The listing's focus on the 'opportunity to customize' indicates it requires cosmetic updates to meet modern standards.
Situated in the highly sought-after Tramonto community, the property is just 0.2 miles from a top-rated K-8 school, making it an ideal choice for families prioritizing education and convenience.
With over 3,200 square feet, five bedrooms including a main-floor guest room, and a dedicated office, the floor plan offers exceptional flexibility for multi-generational living or remote work.
The three-car garage includes built-in cabinetry and direct exterior access, providing superior utility and storage capacity compared to standard residential offerings in the area.
The property is positioned as a value-add opportunity, suggesting that the 2004 finishes may require cosmetic updates and capital investment to meet contemporary luxury standards.
The large interior footprint on a 6,518 square foot lot results in a relatively compact backyard, which may be a drawback for buyers seeking expansive outdoor recreational space.
Located in the highly sought-after community of Tramonto, this spacious two-story home offers an excellent opportunity to create your ideal living space in a prime North Phoenix location. Featuring a versatile floor plan, the home includes a front formal living room with a bay window, a dedicated office/den, and a sunken informal living room that provides additional space for gathering and entertaining. The large eat-in kitchen is equipped with granite countertops, a center island, and a pantry, with convenient access to a raised patio--perfect for enjoying Arizona's indoor-outdoor lifestyle. The home offers five bedrooms, including one located on the main level and four upstairs. The spacious primary suite features French doors and an en-suite bathroom complete with dual vanities, a separate shower and soaking tub, private water closet, and a walk-in closet. All upstairs bedrooms include ceiling fans for added comfort. Additional highlights include a three-car garage with built-in cabinets and direct exterior access, as well as a covered patio for outdoor relaxation. With its generous layout and desirable location, this property presents a unique opportunity to customize and add value in one of Phoenix's most established communities.
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 92% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,227 | 2,172 | 82% |
| Lot Size | 6,518 | 7,706 | 34% |
| Price | $575.0K | $460.0K | 66% |
| Price per sq ft | $178 | $238 | 40% |
| Built year | 2004 | 2003 | 57% |
| HOA | $467 | $263 | 83% |
| Days on market | 39 | 1892 | 0% |
May 21, 2026
$575,000
$585,000
-2% Price Drop
Initial Listing
Apr 28, 2026
$585,000
Initial Listing