
Phoenix, AZ 85019
This property presents a High-Potential Investment Opportunity with a List Price of $280,000—positioned well below the $240,981 Fair Market Value by -16%. While the home carries a Condition Rating of 5, the lack of HOA restrictions, a spacious backyard with an RV gate, and a dedicated workshop provide significant value-add potential. This asset requires a full renovation to modernize its 1958 infrastructure, making it a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to capture equity through structural and cosmetic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3803 W SAN MIGUEL Avenue Subject | $280,000* List Price | 3 | 2 | 1,040 | $232 | - |
A 3810 W SAN MIGUEL Avenue Sold | $333,900 | 3 | 2 | 1,040 | $321 | 0.0 mi |
B 5632 N 38TH Drive Sold | $295,000 | 3 | 1 | 1,040 | $284 | 0.1 mi |
C 3618 W Rancho Drive Sold | $347,000 | 3 | 2 | 1,092 | $318 | 0.3 mi |
D 3609 W DENTON Lane Sold | $360,730 | 4 | 2 | 1,414 | $255 | 0.3 mi |
E 5647 N 39TH Avenue Sold | $294,000 List Price | 3 | 2 | 1,394 | 0.1 mi | |
F 4038 W MARYLAND Avenue Sold | $265,000 | 3 | 2 | 1,290 | $205 | 0.9 mi |
G 5327 N 40TH Lane Pending | $299,000 List Price | 3 | 2 | 1,330 | $225 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1958 (66 years old) with no evidence of recent renovations. The interior features popcorn ceilings, dated vinyl/tile flooring, and older fixtures. Marketed as a short sale for investors needing a 'personal touch,' which typically indicates a full rehab is required. Visible cracking in the exterior block wall and the age of the roof-mounted HVAC suggest significant maintenance or replacement needs.
The property features a spacious backyard equipped with an RV gate, a large covered patio for entertaining, and a dedicated workshop, providing exceptional utility for hobbyists and storage needs.
The absence of a Homeowners Association offers owners maximum freedom and flexibility while eliminating monthly association fees, making it highly attractive for investors and homeowners alike.
Priced competitively at $280,000 with a functional 3-bedroom, 2-bath layout and 'solid bones,' this home presents a significant opportunity for equity growth through cosmetic or structural renovations.
As a short sale, the transaction may involve extended closing timelines and is subject to third-party lender approval, which can be a deterrent for buyers with immediate housing needs.
Built in 1958 and marketed as needing a 'personal touch,' the property likely requires modernization of its original systems and finishes to meet current market standards.
Short Sale Opportunity! Don't miss your chance to own this centrally located 3-bedroom, 2-bath home with tons of potential. Perfect for investors or buyers ready to add their personal touch. Features include a spacious backyard with RV gate, large covered patio ideal for entertaining, and a workshop for hobbies or extra storage. No HOA gives you freedom and flexibility. Great layout, solid bones, and endless possibilities----this one won't last long!
No exterior & parking available.
Grades K-3 • 0.3 mi
Grades 4-8 • 0.2 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,040 | - |
| Lot Size | 6,090 | - |
| Price | $280.0K | $495.4K |
| Price per sq ft | $269 | $290 |
| Built year | 1958 | 0 |
| HOA | $0 | $0 |
| Days on market | 44 | 1260 |
Jun 9, 2026
$280,000
Initial Listing