3701 W ECHO Lane, Phoenix, AZ 85051, Phoenix, 85051 - 3 bed, 2 bath
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Phoenix, AZ 85051
This property presents a High-Potential Investment Opportunity with a List Price of $339,000—positioned well below the $346,574 Fair Market Value by 2%. This valuation gap offers $7,574 in Instant Equity. Featuring a private pool, solar panels, and an RV gate, the home offers significant utility and lifestyle value. While the Condition Rating of 4 indicates dated finishes, the large lot size provides excellent potential for modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3701 W ECHO Lane Subject | $339,000* List Price | 3 | 2 | 1,616 | $210 | - |
A 3901 W GRISWOLD Road Sold | $335,000 | 3 | 2 | 1,614 | $208 | 0.3 mi |
B 3501 W ROYAL PALM Road Sold | $333,000 | 3 | 3 | 1,457 | $229 | 0.3 mi |
C 3121 W AUGUSTA Avenue Sold | $385,000 | 3 | 2 | 1,723 | $223 | 0.9 mi |
D 3519 W HARMONT Drive Sold | $315,000 | 3 | 2 | 1,320 | $239 | 0.4 mi |
E 3714 W Echo Lane Sold | $262,500 | 3 | 2 | 1,240 | $212 | 0.0 mi |
F 3521 W BUTLER Drive Sold | $301,000 | 3 | 2 | 1,329 | $226 | 0.2 mi |
G 3525 W MORTEN Avenue Sold | $322,000 | 4 | 2 | 1,718 | $187 | 0.8 mi |
H 3809 W CAROL Avenue Sold | $370,000 | 3 | 2 | 1,597 | $232 | 1.0 mi |
I 3613 W Echo Lane Active | $380,000 List Price | 3 | 2 | 1,640 | $232 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this home is well-maintained but significantly dated. The kitchen features older painted cabinetry, laminate countertops, and a fluorescent light box typical of 20+ year old renovations. While the stainless steel appliances, solar panels, and synthetic grass are positive additions, the overall interior finishes in the kitchen and bathrooms are dated and will eventually require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8053, living area = 1616.
The property features a private sparkling pool, low-maintenance synthetic grass, and solar panels, providing a perfect blend of Arizona lifestyle and reduced utility costs.
Conveniently situated near the I-17 freeway and Metrocenter Parkway, offering residents quick access to a wide array of shopping, dining, and entertainment options.
Built in 1964, the home may require updates to its original infrastructure or cosmetic finishes to align with modern standards and buyer expectations.
While the local high school is well-rated, the elementary and middle schools have lower ratings, which may be a drawback for families prioritizing top-tier education.
Beautiful 3-bedroom, 2-bath home with a pool, RV gate, and 2-car garage conveniently located near Metrocenter Parkway with quick access to the I-17 freeway, shopping, dining, and entertainment. The home features ceiling fans throughout, a spacious laundry room, and low-maintenance synthetic grass in the backyard. Enjoy Arizona summers in the sparkling pool while the solar panels help provide added energy efficiency year-round. A great opportunity to enjoy comfort, convenience, and outdoor living in a prime location.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 7-8 • 0.9 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,616 | - |
| Lot Size | 8,053 | - |
| Price | $339.0K | $495.4K |
| Price per sq ft | $210 | $290 |
| Built year | 1964 | 0 |
| HOA | $0 | $0 |
| Days on market | 73 | 1260 |
May 11, 2026
$339,000
Initial Listing