3802 N 62ND Drive, Phoenix, AZ 85033, Phoenix, 85033 - 4 bed, 2 bath
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Phoenix, AZ 85033
This Substantial Foreclosure Property is a High-Potential Investment Opportunity listed at $315,000, representing a stable entry point at its $315,000 Fair Market Value. Boasting an expansive 3,039 sq ft footprint on a corner lot, the property includes high-demand features like a private pool and RV gate. Currently holding a Condition Rating of 5, the home requires comprehensive rehabilitation of its 1958 systems to unlock significant forced appreciation. This is an ideal strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-upside renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3802 N 62ND Drive Subject | $315,000* List Price | 4 | 2 | 3,039 | $104 | - |
A 4302 N 63RD Drive Sold | $259,000 List Price | 5 | 2 | 2,397 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1958 foreclosure is in distressed condition and requires substantial rehabilitation to be move-in ready. While there are some partial, mid-renovation updates like wood-look flooring and newer bathroom wall tiling, the property shows significant neglect including missing light fixtures, outdated kitchen appliances, and worn surfaces. The listing description and analysis explicitly state the home is ideal for renovation and likely requires major infrastructure upgrades to the electrical, plumbing, and HVAC systems.
Boasting over 3,000 sq ft of living space, this property offers an exceptionally large footprint for the area, providing significant value and versatility for a 4-bedroom home.
The home is situated on a spacious corner lot and features high-demand exterior amenities, including a private pool and an RV gate.
As a foreclosure priced competitively, this property presents a prime opportunity for investors or DIY buyers to build equity through renovation and modernization.
Being a foreclosure, the property likely requires extensive repairs and is sold in as-is condition, which may involve hidden costs and significant upfront capital.
Built in 1958, the home may require costly upgrades to major systems such as plumbing, electrical, and HVAC to meet modern standards and efficiency.
Foreclosure home with strong potential! Situated on a corner lot, this 4 bed, 2 bath over 3,000 sq ft property includes a pool and RV gate. Ideal for renovation, resale, or creating your dream home
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 3,039 | 1,400 | 100% |
| Lot Size | 8,738 | 7,041 | 84% |
| Price | $315.0K | $270.0K | 60% |
| Price per sq ft | $104 | $193 | 36% |
| Built year | 1958 | 1972 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 957 | 4% |
Jan 22, 2026
$315,000
Initial Listing