3620 E Ludlow Drive, Phoenix, AZ 85032, Phoenix, 85032 - 3 bed, 2 bath
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Phoenix, AZ 85032
This Extensively Renovated Residence is a High-Potential Investment Opportunity, listed at $469,000—positioned well below the $701,208 Fair Market Value by 33%. This significant valuation gap provides $232,208 in Instant Equity. Boasting a Condition Rating of 2, the home features a modern quartz kitchen, shaker cabinetry, and critical upgrades including a new roof and windows. With a private patio near the PV mall redevelopment and Phoenix Mountain Preserves, it balances lifestyle luxury with massive financial upside. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3620 E Ludlow Drive Subject | $469,000* List Price | 3 | 2 | 1,400 | $501 | - |
A 3640 E LUDLOW Drive Sold | $410,000 | 3 | 2 | 1,354 | $303 | 0.1 mi |
B 13608 N 33RD Street Sold | $450,000 | 4 | 2 | 1,320 | $341 | 0.5 mi |
C 3224 E FRIESS Drive Sold | $447,000 | 3 | 2 | 1,428 | $313 | 0.5 mi |
D 3224 E FRIESS Drive Sold | $447,000 | 3 | 2 | 1,428 | $313 | 0.5 mi |
E 3649 E DELCOA Drive Sold | $455,000 | 3 | 2 | 1,400 | $325 | 0.2 mi |
F 3224 E FRIESS Drive Sold | $447,000 | 3 | 2 | 1,480 | $302 | 0.5 mi |
G 3471 E DELCOA Drive Active | $449,000 List Price | 3 | 2 | 1,144 | $392 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1970s home has undergone a complete top-to-bottom renovation, effectively bringing it to like-new condition. The kitchen is fully modernized with quartz countertops, shaker-style self-closing cabinetry, and stainless steel appliances. Significant capital improvements include a new roof, new water heater, new windows, and updated flooring (LVP and carpet) throughout, meeting the criteria for an extensively renovated property with no deferred maintenance.
The home features a complete top-to-bottom renovation including a new roof, water heater, windows, and high-end interior finishes, offering a move-in-ready experience with significantly reduced immediate maintenance costs.
Situated near the highly anticipated PV mall redevelopment and just three miles from the Phoenix Mountain Preserves, the property offers a perfect balance of urban retail convenience and outdoor recreation.
The inclusion of a flexible bonus room off the kitchen and an epoxy-floored garage provides additional functional square footage that can be easily adapted for a home office, gym, or hobby area.
At 1,400 square feet, the living area is relatively compact for a single-family residence in this market, which may be a limiting factor for growing families or those requiring larger communal spaces.
The 5,919 square foot lot is smaller than many established properties in the Paradise Valley Oasis area, offering less privacy and restricted space for significant outdoor expansions or amenities.
Beautiful home in a quiet established neighborhood. Fully renovated with standout features that include shaker self-close cabinets, subway tile backsplash, quartz countertops, stainless-steel appliances, modern tile and fixtures, new windows, new carpet and luxury vinyl flooring, epoxy floor in the garage, a bonus room off the kitchen area that could be used for many different purposes, new watering system in both the front yard and backyard with a programmable timer, new roof and water heater installed in 2026. This home is also a short distance from restaurants and shops, including the newly anticipated PV mall and 3 miles away from the north part of the Phoenix Mountain Preserves where you can find lots of hiking and biking trails.
No exterior & parking available.
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 | 1,400 | 1,707 | 22% |
| Lot Size | 5,919 | 7,732 | 16% |
| Price | $469.0K | $450.0K | 57% |
| Price per sq ft | $335 | $288 | 74% |
| Built year | 1970 | 1979 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 1451 | 0% |
Apr 1, 2026
$469,000
Initial Listing