
Phoenix, AZ 85051
This property presents a High-Potential Investment Opportunity with a List Price of $389,900—positioned well below the $399,639 Fair Market Value by 2%. This valuation gap offers $9,739 in Instant Equity. Featuring a Fair Condition Rating (4/10), the home requires cosmetic modernization, yet offers a private pool and a generous 7,950 sqft lot. Located near Manzanita Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build value through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3945 W BARBARA Avenue Subject | $389,900* List Price | 3 | 2 | 1,792 | $223 | - |
A 8542 N 42ND Drive Sold | $420,000 | 3 | 2 | 1,852 | $227 | 0.4 mi |
B 8542 N 42ND Drive Sold | $420,000 | 3 | 2 | 1,852 | $227 | 0.4 mi |
C 3758 W EVA Street Sold | $365,000 | 4 | 2 | 1,772 | $206 | 0.6 mi |
D 3758 W EVA Street Sold | $365,000 | 4 | 2 | 1,772 | $206 | 0.6 mi |
E 3809 W CAROL Avenue Sold | $370,000 | 3 | 2 | 1,597 | $232 | 0.8 mi |
F 4106 W PURDUE Avenue Sold | $349,750 | 3 | 2 | 1,545 | $226 | 0.8 mi |
G 4134 W LINGER Lane Sold | $380,000 | 3 | 2 | 1,954 | $194 | 0.7 mi |
H 4134 W LINGER Lane Sold | $380,000 | 3 | 2 | 1,954 | $194 | 0.7 mi |
I 4107 W BARBARA Avenue Active Under Contract | $389,900 List Price | 3 | 2 | 1,792 | $218 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this property is nearly 50 years old and remains largely dated despite being well-maintained. While it features newer carpet and paint, the kitchen and bathrooms show their age with laminate countertops, fluorescent light boxes, and popcorn ceilings. The home is functional and move-in ready but requires significant cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7950, living area = 1792.
The property features a private backyard with a refreshing pool, a premium asset in the Phoenix market that significantly enhances lifestyle appeal and outdoor entertaining potential.
The absence of a homeowners association provides buyers with greater financial flexibility and freedom from restrictive community regulations, a major draw for many Arizona residents.
Built in 1977 and marketed as an opportunity to 'create the home you've been looking for,' the property likely requires capital investment for cosmetic and mechanical updates to meet contemporary standards.
The use of AI-generated and virtually staged photos indicates that the home's current physical state may lack the visual polish expected by modern buyers, potentially leading to a disconnect during in-person tours.
Don't miss this inviting 1-story home featuring 3 bedrooms, 2 bathrooms, and an attached 2-car garage. Designed for comfortable living, the functional floor plan offers spacious living areas with plenty of room for relaxing and entertaining. The bedrooms provide flexibility for family, guests, or a home office, while the layout is ideal for everyday convenience. Step outside to your own private backyard retreat featuring a refreshing pool, perfect for enjoying Arizona's sunny weather, hosting gatherings, or simply unwinding after a long day. This property offers a wonderful opportunity to create the home you've been looking for. One or more photo(s) has been virtually staged, AI generated, or rendered.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades K-8 • 1.0 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,792 | - |
| Lot Size | 7,950 | - |
| Price | $389.9K | $495.4K |
| Price per sq ft | $218 | $290 |
| Built year | 1977 | 0 |
| HOA | $0 | $0 |
| Days on market | 14 | 1260 |
Jul 1, 2026
$389,900
Initial Listing