3802 W Mulberry Drive, Phoenix, AZ 85019, Phoenix, 85019 - 3 bed, 1 bath
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Phoenix, AZ 85019
This Move-In Ready Starter Home represents a High-Potential Investment Opportunity with a List Price of $320,000—positioned well below the $418,032 Fair Market Value by 23%. This significant valuation gap provides $98,032 in Instant Equity for buyers. While the property holds a Condition Rating of 4 with dated interior finishes, it features a desirable Corner Lot with RV Access and No HOA fees. The functional layout and 1958 block construction offer substantial room for value-add improvements. This is an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking immediate wealth creation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3802 W Mulberry Drive Subject | $320,000* List Price | 3 | 1 | 1,237 | $338 | - |
A 3326 N 39TH Avenue Sold | $329,000 List Price | 3 | 2 | 1,305 | 0.1 mi | |
B 3812 W THOMAS Road Sold | $330,000 List Price | 3 | 2 | 1,209 | 0.4 mi | |
C 3308 N 40TH Avenue Sold | $385,000 List Price | 4 | 2 | 1,600 | 0.3 mi | |
D 4128 W EARLL Drive Sold | $305,000 | 3 | 2 | 1,047 | $291 | 0.5 mi |
E 3823 W EARLL Drive Pending | $346,900 List Price | 3 | 2 | 1,176 | $295 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this property is well-maintained and marketed as move-in ready, but it retains many dated features. The interior shows older patterned tile flooring and basic finishes, and the exterior features older window frames and a simple block construction. While functional as a starter home, it lacks the recent extensive renovations required for a higher rating.
The property is situated on a desirable corner lot and features a dedicated RV gate, providing excellent accessibility and additional storage options for recreational vehicles.
Marketed as a turnkey starter home, the interior offers functional living and family rooms, allowing buyers to occupy the space immediately without the need for major renovations.
With an association fee of zero, this property offers lower monthly carrying costs and greater freedom for homeowners to customize their property without restrictive community guidelines.
Despite having three bedrooms, the home only features one bathroom, which may be a significant drawback for growing families or those who frequently host guests.
Built in 1958, the property may possess aging electrical, plumbing, or insulation systems that could require future capital investment to meet modern efficiency and safety standards.
Great, Great home. Corner home, rv gate, nice curb appeal. Ready to move in home. Great size bedrooms, living room and family room. Great starter home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 1,237 | 1,426 | 14% |
| Lot Size | 6,312 | 6,817 | 22% |
| Price | $320.0K | $328.5K | 48% |
| Price per sq ft | $259 | $205 | 83% |
| Built year | 1958 | 1959 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 1185 | 1% |
Mar 30, 2026
$320,000
Initial Listing