
Phoenix, AZ 85051
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $359,000—positioned well below the $366,470 Fair Market Value by 2%. This valuation gap offers $7,470 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a fully updated kitchen, modern bathrooms, and new flooring. With No HOA Fees and an expansive 4-vehicle slab parking capacity, this property provides exceptional utility. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home near Manzanita Elementary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3818 W RUTH Avenue Subject | $359,000* List Price | 4 | 2 | 1,260 | $291 | - |
A 3812 W SELDON Lane Sold | $337,000 | 3 | 2 | 1,113 | $303 | 0.1 mi |
B 8008 N 42ND Avenue Sold | $350,000 | 3 | 2 | 1,246 | $281 | 0.8 mi |
C 9626 N 35TH Lane Sold | $362,900 | 3 | 2 | 1,574 | $231 | 0.9 mi |
D 8641 N 37TH Avenue Pending | $345,000 List Price | 4 | 2 | 1,288 | $268 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1962, the property has recently undergone a major renovation (likely within the last 5 years) including a fully updated kitchen with new cabinets and appliances, modernized bathrooms with new tile and fixtures, and new flooring throughout, making it move-in ready with no immediate maintenance required.
The home has undergone significant recent renovations, including new flooring, updated bathrooms, and a modernized kitchen with new appliances, offering immediate occupancy without the need for initial repairs.
Featuring a two-car garage plus a four-vehicle slab, the property provides exceptional parking space rarely found in homes of this size, ideal for multi-car households or guests.
Located in a community with no association fees, this property offers homeowners greater financial flexibility and freedom from restrictive neighborhood covenants.
With four bedrooms configured within 1,260 square feet, the individual room sizes may feel small or cramped, potentially limiting furniture layout options for larger families.
Originally built in 1962, the property may possess aging structural or mechanical systems behind the cosmetic updates that could require future maintenance compared to newer constructions.
UPDATED AND MOVE IN READY. This home has recently undergone a major update. The flooring and carpet have been replaced, and the bathrooms feature tile and updated cabinets with updated shower and bath enclosures. The kitchen has updated cabinets, a range, microwave, and dishwasher, disposal. 2 car garage & laundry area with up to 4 vehicle slab parking. The landscaping is low-maintenance, and the front yard has the potential for a private courtyard. The open floor plan adds to the home's appeal. A MUST SEE HOME!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,260 | - |
| Lot Size | 6,081 | - |
| Price | $359.0K | $482.6K |
| Price per sq ft | $285 | $286 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 32 | 1359 |
May 23, 2026
$359,000
Initial Listing