3932 W SALTER Drive, Glendale, AZ 85308, Glendale, 85308 - 5 bed, 6 bath
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Glendale, AZ 85308
This Multi-Generational Basement Home is a Prime Investment Opportunity, listed at $709,900—positioned well below the $733,710 Fair Market Value by 3%. This valuation gap offers $23,810 in Instant Equity. Maintained in a Good Condition Rating, the residence features Owned Solar, a Private Casita, and a finished basement with dual suites. Backing onto ASU Private Land near Park Meadows Elementary, the property ensures privacy and utility efficiency. This is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a high-utility primary residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3932 W SALTER Drive Subject | $695,000* List Price | 5 | 6 | 3,863 | $184 | - |
A 20021 N 38TH Lane Sold | $525,000 | 4 | 3 | 2,627 | $200 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 2006-built home is in move-in ready condition and has been exceptionally well-maintained with significant recent capital improvements, including a new roof (2024), new LVP flooring, fresh interior/exterior paint, and a tankless water heater (2022). While the kitchen and bathrooms feature some original 2006 elements such as tile countertops and oak-style cabinetry, the property offers modern functional upgrades like owned solar and updated HVAC units for the basement and casita. It fits the 'Good' criteria perfectly as a well-maintained home within the 10-20 year age range with several major system updates.
The property features fully owned solar panels, offering significant utility savings and the potential for minimal to no monthly electricity bills in the Arizona heat.
With a separate 273 sq ft casita and a finished basement containing two additional master suites, this home provides exceptional flexibility for guests or multi-generational living.
The home boasts significant recent capital improvements, including a new roof (2024), fresh interior and exterior paint, and updated landscaping, reducing immediate maintenance costs for the buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3863, other record living area = 3590. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
While the basement and casita units are newer, the main floor HVAC system dates back to 2008, which may necessitate a costly replacement in the near future.
The assigned middle and high schools have lower to average ratings (3 and 5 respectively), which could be a drawback for families prioritizing top-tier educational performance.
Meticulously Maintained 5 BED/ 5.5 BATH BASEMENT HOME w/ a 273 Sq Ft CASITA * OWNED OUTRIGHT SOLAR w/ LOW - NO APS Bills * Split Floor Plan * High Ceilings * GREAT ROOM w/ Chefs Kitchen w/ Abundant Cabinetry w/ NEW Pull Outs, Breakfast Bar, Center Island, Granite & SS Appliances * Primary Suite w/ 2 Vanities, Soaking Tub, Tiled Shower & Walk-in Closet * 2nd Bedroom w/ Guest Bath Access * BIG Family Room Downstairs w/ 2 Master Suites & 1/2 Bath * NEW LVP Flooring thru out w/ Carpet on 1st floor LR & 2nd Bed ONLY * 4 NEW Ceiling Fans * NEW Interior & Exterior Paint * NO HOMES BEHIND w/ ASU PRIVATE LAND in back * NEW Landscaping & Covered Patio 2024 * Security Patio Doors 2024 * Tankless Water Heater 2022 * Sump Pump 2026 * ROOF 2024 * 3 HVAC's: Basement 2022, Casita 2020, Main Floor 2008 * Updated Casita * One of the downstairs baths has a new shower * Whole house Water Softener * Extra Refrigerator in Garage * Some furniture may be available on Separate Bill of sale *
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades 7-8 • 1.5 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 6.0 | 2.0 | 99% |
| Square foot | 3,863 | 1,926.5 | 99% |
| Lot Size | 6,125 | 7,835.5 | 19% |
| Price | $695.0K | $388.0K | 93% |
| Price per sq ft | $180 | $230 | 40% |
| Built year | 2006 | 1994 | 97% |
| HOA | $54 | $95 | 39% |
| Days on market | 49 | 2547 | 0% |
Apr 20, 2026
$695,000
$709,900
-2% Price Drop
Initial Listing
Mar 5, 2026
$709,900
Initial Listing