3844 W DESERT COVE Avenue, Phoenix, AZ 85029, Phoenix, 85029 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85029
This property presents a High-Potential Investment Opportunity with a List Price of $280,000—positioned well below the $325,302 Fair Market Value by 13%. This valuation gap offers $45,302 in Instant Equity for buyers prepared to address the Condition Rating of 5. Featuring a large 11,216 sqft lot, a private pool, and no HOA restrictions, this Value-Add Asset is primed for renovation. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3844 W DESERT COVE Avenue Subject | $280,000* List Price | 3 | 2 | 1,735 | $187 | - |
A 3345 W LAUREL Lane Sold | $285,000 List Price | 3 | 2 | 1,462 | 0.8 mi | |
B 3816 W MERCER Lane Sold | $235,000 List Price | 3 | 2 | 1,869 | 0.1 mi | |
C 3630 W CHOLLA Street Sold | $220,000 List Price | 3 | 2 | 1,821 | 0.4 mi | |
D 11016 N 39TH Avenue Pending | $350,000 List Price | 3 | 2 | 1,958 | $179 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 (54 years old) with no evidence of recent renovations, this 'investor special' requires a full rehab. Images show a neglected exterior with a dilapidated fence and empty pool, while the interior features a dated kitchen, original-style bathrooms, and cluttered utility areas suggesting the need for significant system updates and cosmetic overhaul.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11216, living area = 1735.
Marketed as an 'investor special,' this property offers a significant opportunity for a high return on investment through renovation and resale or as a value-add rental.
The property sits on a generous 11,216 square foot lot, providing ample space for outdoor amenities, landscaping, or potential structural expansions.
Described as a 'diamond in the rough' needing TLC, the home will require a substantial upfront capital investment to address its current condition.
Built in 1970, the property likely features aging major systems and finishes that may not meet modern efficiency standards or aesthetic preferences.
Investor special. Diamond in the rough. Needs some TLC but great return on investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,735 | - |
| Lot Size | 11,216 | - |
| Price | $280.0K | $495.4K |
| Price per sq ft | $161 | $290 |
| Built year | 1970 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 1260 |
Jul 7, 2026
$280,000
Initial Listing