
Phoenix, AZ 85008
This Turnkey Arcadia Lite Residence is a Prime Investment Opportunity listed at $495,000—positioned well below the $512,923 Fair Market Value by 3%. This valuation gap offers $17,923 in Instant Equity for a home with a Condition Rating of 2 following extensive modern renovations. Featuring wood-look laminate flooring and a modernized shaker kitchen, the 1,639 sqft interior provides immediate lifestyle value without HOA fees. Near Papago School and Camelback High, this central location is a strategic 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 |
|---|---|---|---|---|---|---|
★ 3729 E YALE Street Subject | $495,000* List Price | 3 | 2 | 1,639 | $313 | - |
A 3827 E Vernon Avenue Sold | $445,000 | 4 | 3 | 1,941 | $229 | 0.2 mi |
B 2022 N 40TH Street Sold | $371,500 | 3 | 2 | 1,200 | $310 | 0.5 mi |
C 2434 N 37TH Way Sold | $375,000 | 3 | 1 | 1,129 | $332 | 0.1 mi |
D 2815 N 32ND Place Sold | $495,000 | 3 | 2 | 1,798 | $275 | 0.6 mi |
E 2815 N 32ND Place Sold | $495,000 | 3 | 2 | 1,798 | $275 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1955, the property has undergone an extensive recent renovation that brings it up to modern standards. The interior features new wood-look laminate flooring, fresh neutral paint, and updated recessed lighting throughout. The kitchen is fully modernized with white shaker-style cabinetry and stainless steel appliances, while the bathrooms show updated vanities and fixtures. The bedrooms feature new carpeting, and the overall presentation indicates no deferred maintenance, making it a high-quality, move-in-ready residence.
Situated in the highly desirable Arcadia Lite area, the property offers exceptional convenience with quick access to Sky Harbor Airport, major freeways, and trendy dining hotspots.
The home features a beautifully updated interior and a functional 1,639 sqft layout, providing a move-in-ready experience that blends mid-century charm with modern comfort.
With zero association fees, this property offers homeowners greater financial flexibility and the freedom to manage their land without restrictive community oversight.
The assigned public schools currently hold lower ratings (3/10), which may be a significant consideration for families prioritizing top-tier educational districts.
Built in 1955, the property may have underlying aging systems or structural elements that require more frequent maintenance compared to newer constructions.
Welcome to this beautifully updated 3-bed, 2-bath home in the heart of Arcadia Lite. Offering 1,639 sqft of thoughtfully designed living space, this residence blends modern comfort with long-term value. Enjoy a well-maintained interior, spacious living areas, and a functional layout ideal for everyday living or entertaining. The kitchen and common spaces flow seamlessly, while low-maintenance front and back yards provide easy outdoor enjoyment. Centrally located in the desirable 85008 zip code, just minutes from Sky Harbor Airport, dining hotspots, and freeway access. A prime opportunity for homeowners seeking lifestyle and convenience, or investors looking for a strong rental location with consistent demand.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 2.3 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 | 1,639 | 1,518.5 | 61% |
| Lot Size | 6,734 | 7,777.5 | 24% |
| Price | $495.0K | $380.0K | 74% |
| Price per sq ft | $302 | $252 | 68% |
| Built year | 1955 | 1954 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 1569 | 2% |
Feb 6, 2026
$495,000
Initial Listing