37 W EDGEMONT Avenue, Phoenix, AZ 85003, Phoenix, 85003 - 4 bed, 2 bath
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Phoenix, AZ 85003
This property presents a Strong Value Opportunity with a List Price of $625,000—positioned well below the $662,616 Fair Market Value by 5%. This valuation gap offers $37,616 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires a strategic remodel to modernize its 1948 finishes. With a 4-bedroom layout, oversized lot, and city light views, this is a high-potential asset for Fix-and-Flip Investors or Owner-Occupants seeking to build value in the historic Willo District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37 W EDGEMONT Avenue Subject | $599,000* List Price | 4 | 2 | 1,863 | $337 | - |
A 313 W PALM Lane Sold | $605,000 | 3 | 2 | 1,837 | $329 | 0.7 mi |
B 49 W LEWIS Avenue Sold | $587,500 | 3 | 3 | 1,516 | $388 | 0.3 mi |
C 318 W ENCANTO Boulevard Pending | $540,000 List Price | 2 | 1 | 1,518 | $356 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this property is significantly aged and the listing explicitly suggests a remodel. While the kitchen features some mid-range updates like granite countertops and stainless steel appliances (likely 15-20 years old), the oak cabinetry and laminate flooring are dated. The exterior stucco shows visible wear and peeling, and the presence of a window AC unit in the storage area suggests older or incomplete climate control systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8024, living area = 1863.
Situated in the highly coveted Willo Historic District, this property offers exceptional walkability and proximity to Downtown Phoenix, the light rail, and major cultural landmarks like the Phoenix Art Museum.
The home features a rare 4-bedroom configuration for the area, complemented by an oversized pantry, a dedicated workshop, and additional cooled storage, providing significant utility.
The property is marketed as an 'opportunity to remodel,' suggesting that it likely requires significant capital investment to update the 1948 finishes and systems to modern standards.
The local public schools assigned to this address have relatively low ratings, ranging from 3 to 5, which may be a drawback for families prioritizing top-tier educational performance.
Opportunity awaits to add-on and remodel in the highly coveted Willo Historic District, one of Phoenix's most desirable and walkable neighborhoods. Surrounded by tree-lined streets, distinctive architecture, and a strong sense of community, Willo offers a lifestyle few neighborhoods can match. This spacious 4-bedroom, 2-bath home features generous room sizes, an oversized pantry, separate laundry room, workshop, and additional cooled storage. Enjoy city light views and a location just minutes from Downtown Phoenix, light rail, the Phoenix Art Museum, Heard Museum, and the vibrant dining and entertainment scene along Central Avenue. Nearby Encanto Golf Course, Phoenix Country Club, and Encanto Park's lakes, trails, and green spaces add to the appeal of this exceptional Midtown location.
No exterior & parking available.
Grades PK-8 • 1.1 mi
Grades PK-8 • 1.1 mi
Grades PK-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,863 | - |
| Lot Size | 8,024 | - |
| Price | $599.0K | $495.4K |
| Price per sq ft | $322 | $290 |
| Built year | 1948 | 0 |
| HOA | $0 | $0 |
| Days on market | 45 | 1260 |
Jul 17, 2026
$599,000
$625,000
-4% Price Drop
Initial Listing
Jun 8, 2026
$625,000
Initial Listing