
Phoenix, AZ 85051
This Value-Add Residential Asset is listed at $300,000, positioned as a competitive entry point relative to its $266,241 Fair Market Value. Featuring a Condition Rating of 4, the property offers significant forced appreciation potential through the modernization and permitting of its unpermitted bedroom and bathroom addition. The interior features cathedral ceilings and tile flooring on a 6,003 SqFt lot with No HOA Fees, ensuring maximum owner flexibility. Located within walking distance of Manzanita Elementary and Cortez High School, this property is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3619 W ALICE Avenue Subject | $300,000* List Price | 3 | 2 | 1,070 | $249 | - |
A 3535 W ALICE Avenue Sold | $235,000 | 3 | 1 | 1,095 | $215 | 0.1 mi |
B 8749 N 30TH Avenue Sold | $259,000 | 3 | 2 | 1,180 | $219 | 0.8 mi |
C 3521 W BUTLER Drive Sold | $301,000 | 3 | 2 | 1,329 | $226 | 0.3 mi |
D 3018 W LAWRENCE Lane Sold | $315,000 | 3 | 2 | 1,176 | $268 | 0.8 mi |
E 2922 W DIANA Avenue Sold | $310,000 | 3 | 2 | 1,176 | $264 | 0.8 mi |
F 8235 N 35TH Drive Sold | $280,000 | 3 | 2 | 1,162 | $241 | 0.4 mi |
G 8521 N 37TH Avenue Pending | $309,000 List Price | 3 | 2 | 1,120 | $276 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the property is functional but shows significant signs of age and deferred maintenance. The kitchen features dated oak cabinetry with visible water damage and wear, along with older appliances. While the home has been updated with tile flooring throughout and features cathedral ceilings, the presence of a window AC unit and an unpermitted addition suggests that major systems may be outdated or insufficient, requiring modernization and minor to moderate repairs.
The absence of a Homeowners Association offers buyers greater flexibility with their property and eliminates monthly HOA dues, increasing long-term affordability.
Featuring cathedral ceilings and tile flooring throughout, the home provides an open, airy atmosphere that feels larger than its recorded square footage.
Situated in a convenient Phoenix neighborhood, the property offers easy access to major freeways, diverse dining options, and local shopping centers.
The property includes an additional bedroom and bathroom that may be unpermitted, potentially complicating financing options and future appraisal values.
There is a significant mismatch between the physical layout and official tax records regarding bedroom/bathroom count, which may require buyer due diligence regarding permits.
SELLER REVIEWING OFFERS ON TUESDAY 4-21. Submit your highest and best. Great opportunity to get more than you pay for! Tax records reflect 2 bedroom, one bath home at 1070 square feet. The home has an addition (possibly un permitted) with an additional bedroom, 3/4 bath and interior laundry room. The interior has cathedral ceilings giving the place a nice open feel. There are tile floors through out the home. The kitchen is compact with lots of possibilities. The dining area opens to the covered patio and green bushy back yard. This home has tons of potential and endless possibilities. Located in a convenient PHX location with shopping, dining and freeway access close. No HOA makes the home even more inviting.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 0.5 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 | 1,070 | 1,620 | 3% |
| Lot Size | 6,003 | 7,662 | 7% |
| Price | $300.0K | $349.9K | 32% |
| Price per sq ft | $280 | $219 | 88% |
| Built year | 1960 | 1967 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 349 | 1% |
Apr 13, 2026
$300,000
Initial Listing