
Phoenix, AZ 85008
This Remodeled Phoenix Residence with Detached Studio is a Prime Investment Opportunity, listed at $579,000—positioned well below the $604,430 Fair Market Value by 4%. This valuation gap provides $25,430 in Instant Equity. Boasting a Condition Rating of 2, the home features a modern kitchen, wood-look tile, and a versatile 342 sq ft detached studio. The 8,400 sq ft lot includes a private putting green and RV gate, offering significant lifestyle utility near Arcadia. This is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors targeting high-demand rental areas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3930 E OAK Street Subject | $577,000* List Price | 3 | 2 | 1,819 | $298 | - |
A 3827 E Vernon Avenue Sold | $445,000 | 4 | 3 | 1,941 | $229 | 0.1 mi |
B 2815 N 32ND Place Sold | $495,000 | 3 | 2 | 1,798 | $275 | 0.9 mi |
C 4108 E Edgemont Avenue Sold | $600,000 | 3 | 2 | 1,740 | $345 | 0.5 mi |
D 4621 E EDGEMONT Avenue Sold | $675,000 | 3 | 2 | 1,734 | $389 | 0.9 mi |
E 2815 N 32ND Place Sold | $495,000 | 4 | 2 | 1,830 | $270 | 0.9 mi |
F 4137 E GRANADA Road Sold | $535,000 List Price | 3 | 2 | 1,588 | 0.4 mi | |
G 3936 E OAK Street Active Under Contract | $580,000 List Price | 3 | 2 | 1,633 | $355 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1955, the property has undergone an extensive recent remodel that meets current modern standards. The interior features high-quality wood-look tile flooring, recessed lighting, and a fully updated kitchen with contemporary cabinetry and stainless steel appliances. The bathrooms have been completely renovated with modern tile work and fixtures. With fresh interior and exterior paint and well-maintained systems, the home is in like-new condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8398, living area = 1819.
The property features a 342 sq ft detached studio, providing a highly desirable flexible space for a home office, guest suite, or private gym that adds significant functional value.
Ideally situated minutes from Arcadia, Downtown Phoenix, and Sky Harbor Airport, this location offers exceptional accessibility and strong long-term desirability.
The assigned public schools for this address currently hold lower performance ratings, which may be a concern for families prioritizing educational metrics.
While beautifully remodeled, the 1955 original construction may present maintenance challenges associated with mid-century plumbing and electrical systems compared to newer builds.
Prime location just minutes from Arcadia, Downtown Phoenix, and Sky Harbor Airport. This beautifully remodeled 3-bedroom home, PLUS detached Studio (342 sf) Air Conditioned is bright, open plan and designed for modern living. The spacious great room, family room, and dining area flow effortlessly into the kitchen, while picture windows bring in abundant natural light. The Studio can be Flex room, office, gym, workshop, theater room, or combination. Detached Studio--perfect for a home office, guest suite, or private retreat. Situated on a desirable north/south facing 8,400 sq ft lot with abundant parking including a carport, three additional spaces, and an RV gate. The backyard offers multiple covered patios, a lush grass play yard, and a private putting green for relaxed outdoor living. Interior and exterior trim freshly painted.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades 9-12 • 2.6 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 | 1,819 | 1,518.5 | 76% |
| Lot Size | 8,398 | 7,780 | 65% |
| Price | $577.0K | $380.0K | 85% |
| Price per sq ft | $317 | $252 | 71% |
| Built year | 1955 | 1954 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 1569 | 1% |
Apr 24, 2026
$577,000
$579,000
+0% Price Increase
Initial Listing
Mar 11, 2026
$579,000
Initial Listing