
Phoenix, AZ 85051
This Value-Add Residential Asset is listed at $369,900, representing a stable entry point aligned with its $365,452 Fair Market Value. The home features a Modernized Kitchen and Newer Flooring, yet maintains a Condition Rating of 4, indicating immediate potential for forced appreciation through bathroom updates and cosmetic "TLC." The unique floor plan, including an Extra-Large Primary Suite and a versatile Bonus Room, offers a high-potential canvas for reconfiguration. Situated in an established neighborhood near Washington High School, this property is perfectly suited for Fix-and-Flip Investors or Value-Add Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3802 W STATE Avenue Subject | $369,900* List Price | 3 | 2 | 1,766 | $207 | - |
A 3426 W GLENN Drive Sold | $390,000 | 3 | 2 | 1,598 | $244 | 0.5 mi |
B 4144 W STATE Avenue Sold | $370,000 | 3 | 2 | 1,906 | $194 | 0.5 mi |
C 3625 W ORANGEWOOD Avenue Sold | $320,000 List Price | 4 | 3 | 1,804 | 0.3 mi | |
D 4137 W STATE Avenue Sold | $429,900 List Price | 4 | 2 | 1,800 | 0.5 mi | |
E 4004 W MYRTLE Avenue Sold | $335,000 | 3 | 2 | 1,825 | $184 | 0.3 mi |
F 3625 W ORANGEWOOD Avenue Sold | $429,000 List Price | 5 | 3 | 1,926 | 0.3 mi | |
G 3836 W MYRTLE Avenue Active | $414,999 List Price | 3 | 2 | 1,611 | $258 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, the property shows a mix of partial updates and original features. While the listing mentions newer flooring and a renovated kitchen, the bathrooms remain dated with 1960s-style pink tiling and older vanities. The presence of a wall-mounted AC unit in the bonus room and the explicit mention of needing 'TLC' in the description align with the 'fair' criteria, indicating the home is functional but requires minor repairs and further cosmetic modernization.
The home features a newer kitchen and updated flooring, providing a fresh aesthetic and reducing immediate renovation costs for key living areas.
Includes a versatile bonus room and an oversized primary suite created from two bedrooms, offering unique layout options for a home office or hobby space.
Situated in the well-established Sungold 2 neighborhood, the property benefits from a mature community atmosphere and proximity to local schools.
The property is noted as needing 'TLC,' suggesting that buyers should budget for repairs or cosmetic updates to bring the home to its full potential.
The conversion of two bedrooms into one large room may limit the home's functionality for larger families or those requiring a traditional three-bedroom layout.
A well built home. needs some TLC in a well established neighborhood. Newer flooring and Kitchen. a bonus room with wall air conditioner unit. 2 bedrooms made into 1 extra large room
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 0.3 mi
Grades 9-12 • 2.0 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 | 1,766 | 1,628 | 61% |
| Lot Size | 6,970 | 7,662 | 34% |
| Price | $369.9K | $350.0K | 64% |
| Price per sq ft | $209 | $215 | 47% |
| Built year | 1961 | 1967 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 350 | 1% |
Mar 13, 2026
$369,900
Initial Listing