3708 E RENEE Drive, Phoenix, AZ 85050, Phoenix, 85050 - 3 bed, 2 bath
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Phoenix, AZ 85050
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $545,000—positioned above the $487,429 Fair Market Value by 11%. While priced above market, the property features a Condition Rating of 3, highlighted by a New Roof (2021), Updated Master Bath, and a Covered Patio on an expansive 8,742 sqft lot. With No HOA and proximity to an A-rated Elementary School, this home offers significant lifestyle appeal. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or Long-term Investors prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3708 E RENEE Drive Subject | $544,900* List Price | 3 | 2 | 1,412 | $345 | - |
A 18802 N 36TH Place Sold | $525,000 | 3 | 2 | 1,678 | $313 | 0.2 mi |
B 18802 N 36TH Place Sold | $525,000 | 3 | 2 | 1,678 | $313 | 0.2 mi |
C 3644 E ROSEMONTE Drive Sold | $499,900 List Price | 3 | 3 | 1,625 | 0.1 mi | |
D 3511 E MARCO POLO Road Sold | $592,000 | 3 | 2 | 1,602 | $370 | 0.7 mi |
E 4007 E KIMBERLY Way Sold | $514,000 | 3 | 2 | 1,648 | $312 | 0.4 mi |
F 19005 N 33RD Place Sold | $515,000 | 3 | 2 | 1,405 | $367 | 0.5 mi |
G 4014 E MORROW Drive Pending | $599,999 List Price | 3 | 2 | 1,772 | $339 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1986, the property is well-maintained and move-in ready. It features a new roof (2021), an updated master bath, and a refreshed kitchen with granite countertops and stainless steel appliances, fitting the 5-15 year renovation profile.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8742, living area = 1412.
Ideally situated near the 51 and 101 freeways, this property offers exceptional access to premier shopping and dining destinations including Desert Ridge, Kierland Commons, and Scottsdale Quarter.
The absence of an HOA provides rare homeowner freedom, while the large 8,742 sqft lot features mature citrus trees and real grass, creating a private outdoor oasis.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1412, other record living area = 1298.
While the elementary school is highly rated (8/10), the assigned middle and high schools have significantly lower ratings (2/10 and 4/10), which may be a concern for education-focused buyers.
With only 1,412 square feet of living area, the home's footprint is relatively modest compared to other single-family residences in the area, potentially limiting its appeal to larger families.
Looking for an opportunity to own a beautiful home in the desirable 85050 zip? Look no further than this fantastic turn-key opportunity situated off the 51 & 101, minutes from Desert Ridge, Kierland, Scottsdale Quarter, PV Mall and more! A-rated Elementary school within the neighborhood as well as located across the street from Paradise Valley Community College. With NO HOA, and a stunning yard with mature trees (lemon, orange, pine, and more), real grass, and a covered patio, this house is perfect for outdoor and indoor entertaining, featuring a wet bar in the second living area and a wood-burning fireplace. Other highlights: Updated master-bath, new sliding glass door, new roof in 2021, and more!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,412 | 1,962 | 11% |
| Lot Size | 8,742 | 6,162.5 | 85% |
| Price | $544.9K | $500.0K | 62% |
| Price per sq ft | $386 | $299 | 89% |
| Built year | 1986 | 1998 | 3% |
| HOA | $0 | $142 | 15% |
| Days on market | 29 | 1595 | 0% |
May 27, 2026
$544,900
$545,000
+0% Price Increase
Initial Listing
May 17, 2026
$545,000
Initial Listing