3932 E SURREY Avenue, Phoenix, AZ 85032, Phoenix, 85032 - 3 bed, 2 bath
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Phoenix, AZ 85032
This Modernized Single-Family Residence is a High-Potential Investment Opportunity, listed at $459,900—positioned well below the $648,615 Fair Market Value by 29%. This significant valuation gap provides $188,715 in Instant Equity. Boasting a Condition Score of 3, the home features a $40,000 premium outdoor oasis with a PebbleTec pool, artificial turf, and mountain views. Inside, granite countertops and wood flooring offer a turnkey experience near the Paradise Valley Mall redevelopment. This is an exceptional acquisition for Owner-Occupants building wealth or Buy-and-Hold Investors seeking a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3932 E SURREY Avenue Subject | $459,900* List Price | 3 | 2 | 1,064 | $610 | - |
A 3918 E DAHLIA Drive Sold | $407,950 | 3 | 2 | 1,296 | $315 | 0.1 mi |
B 14021 N 37TH Place Sold | $432,600 | 3 | 2 | 1,064 | $407 | 0.6 mi |
C 14021 N 37TH Place Sold | $432,600 | 3 | 2 | 1,064 | $407 | 0.6 mi |
D 14021 N 37TH Place Sold | $432,600 | 3 | 2 | 1,064 | $407 | 0.6 mi |
E 3701 E FRIESS Drive Sold | $489,900 List Price | 3 | 2 | 1,240 | 0.6 mi | |
F 14005 N 38TH Place Sold | $415,000 | 3 | 2 | 1,250 | $332 | 0.6 mi |
G 3471 E DELCOA Drive Active | $449,000 List Price | 3 | 2 | 1,144 | $392 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent upgrades, most notably a $40,000 backyard renovation with a new PebbleTec pool, equipment, and artificial turf. The interior has been modernized with wood flooring, granite countertops, and stainless steel appliances. While the 1973 structure shows some minor age-related wear in secondary areas like the garage, the primary living spaces, kitchen, and bathrooms are well-maintained and updated.
A significant $40,000 investment has transformed the backyard into a private retreat featuring a new PebbleTec pool, modern pavers, and high-quality artificial turf.
The home boasts stylish updates including wood flooring, granite countertops, and stainless steel appliances, offering a contemporary move-in-ready experience.
Situated near the major Paradise Valley Mall redevelopment with easy freeway access and no HOA fees, providing both lifestyle convenience and financial freedom.
With only 1,064 square feet for a three-bedroom layout, the interior living areas and bedrooms may feel restrictive for those requiring more spacious accommodations.
Built in 1973, the property may require ongoing maintenance or future updates to original mechanical and structural systems common in homes of this era.
NO HOA! Beautifully updated 3 bed, 2 bath home located in the established Paradise Valley Oasis neighborhood with convenient access to SR-51, Loop 101, Scottsdale, Desert Ridge, and downtown Phoenix. Inside you'll find an open great-room layout, wood flooring, and a stylish kitchen featuring granite countertops, modern cabinetry, stainless steel appliances, and bar seating. The backyard has been completely upgraded with over $40,000 invested, including a new PebbleTec pool, new pool equipment, pavers, and premium artificial turf, creating a true outdoor oasis. Just minutes from the exciting Paradise Valley Mall redevelopment, bringing new restaurants, retail, and entertainment to the area.
No exterior & parking available.
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 | 1,064 | 1,707 | 4% |
| Lot Size | 6,068 | 7,732 | 19% |
| Price | $459.9K | $450.0K | 55% |
| Price per sq ft | $432 | $288 | 98% |
| Built year | 1973 | 1979 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 1451 | 0% |
Mar 12, 2026
$459,900
Initial Listing