3944 W WOOD Drive, Phoenix, AZ 85029, Phoenix, 85029 - 4 bed, 2 bath
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Phoenix, AZ 85029
This Versatile Residential Asset is a High-Potential Investment Opportunity, listed at $419,995—positioned well below the $481,264 Fair Market Value by 12%. This valuation gap provides $61,269 in Instant Equity. The property maintains a Condition Rating of 3, featuring a Granite Kitchen and a 432 sqft suite with a separate entrance. Outdoor amenities include a Pebble Tech Pool and RV Parking with hookups near Moon Valley High School. This is an ideal acquisition for Owner-Occupants or Multi-generational Buyers seeking value and flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3944 W WOOD Drive Subject | $419,995* List Price | 4 | 2 | 2,067 | $233 | - |
A 3954 W WOOD Drive Sold | $405,000 | 4 | 2 | 1,928 | $210 | 0.0 mi |
B 3937 W PARADISE Drive Sold | $385,000 | 4 | 2 | 2,052 | $188 | 0.7 mi |
C 4216 W WILLOW Avenue Sold | $340,000 | 4 | 2 | 1,621 | $210 | 0.3 mi |
D 3901 W SHARON Avenue Sold | $385,000 | 4 | 2 | 2,090 | $184 | 0.3 mi |
E 3724 W RUE DE LAMOUR Avenue Sold | $420,000 | 3 | 2 | 1,603 | $262 | 0.5 mi |
F 4020 W SWEETWATER Avenue Active | $485,000 List Price | 4 | 2 | 1,928 | $252 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1981, the property has undergone significant renovations within the 5-15 year range. The kitchen features granite countertops and stainless steel appliances, and the interior has updated LVP flooring and modern paint. The addition of solar panels and a pebble tech pool indicates proactive maintenance, making it move-in ready.
The 432 sqft garage conversion provides a significant increase in livable area, featuring a separate entrance that makes it ideal for a guest suite, home office, or multi-generational living.
The backyard is a standout feature with a gated pebble tech pool, gazebo, and dedicated RV parking equipped with hookups, catering perfectly to the Arizona lifestyle.
The absence of a Homeowners Association offers buyers greater flexibility with their property and eliminates monthly association fees, enhancing overall affordability.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2067, other record living area = 1635.
Because the garage has been converted into a living suite, the property currently lacks traditional covered parking, which may be a concern for buyers prioritizing vehicle protection.
Built in 1981, the home may require more frequent maintenance or updates to major systems compared to newer constructions in the Phoenix market.
Beautiful home in a quiet neighborhood! No HOA! Public record shows 1,635 SQFT, but there is an additional 432 SQFT due to garage conversion, creating an additional suite with a separate entrance! Beautiful property that is priced to sell quickly! This has everything you want. Huge kitchen with granite countertops that comes with all the appliances. Stone accent wall in the main living room. Lots of storage. Garage is enclosed into a GREAT ROOM with air conditioning. Can be easily converted back if needed. The backyard is definitely for entertaining. Gazebo and a sparkling pebble tech pool that is gated. RV Parking is also available with hookups. Solar leases total $200.18 per month which will greatly reduce your electric bill! See, examples in the documents section! Down the road from Surrey Park, Chaparral Elementary. Great neighborhood for your family!
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 7-8 • 1.4 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,067 | 1,634 | 81% |
| Lot Size | 7,872 | 8,028 | 45% |
| Price | $420.0K | $360.0K | 74% |
| Price per sq ft | $203 | $220 | 39% |
| Built year | 1981 | 1971 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 1147 | 0% |
May 2, 2026
$419,995
Initial Listing