4015 N 12TH Avenue, Phoenix, AZ 85013, Phoenix, 85013 - 3 bed, 2 bath
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Phoenix, AZ 85013
This mid-century ranch represents a Strong Value Opportunity, listed at $480,000—positioned well below the $515,413 Fair Market Value by 6%. This valuation gap provides $35,413 in Instant Equity. With a Condition Rating of 4, the home features limestone flooring and a rare 16-foot garage door, though it requires cosmetic updates to maximize its potential. Located in the desirable Encanto area, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4015 N 12TH Avenue Subject | $480,000* List Price | 3 | 2 | 1,633 | $316 | - |
A 1314 W PIERSON Street Sold | $390,000 | 3 | 2 | 1,315 | $297 | 0.9 mi |
B 3610 N 8TH Avenue Sold | $495,000 | 3 | 2 | 1,475 | $336 | 0.3 mi |
C 1113 W GLENROSA Avenue Sold | $511,500 | 3 | 2 | 1,339 | $382 | 0.3 mi |
D 3610 N 8TH Avenue Sold | $495,000 | 3 | 2 | 1,475 | $336 | 0.3 mi |
E 457 W MULBERRY Drive Sold | $485,000 | 3 | 2 | 1,493 | $325 | 0.6 mi |
F 3343 N 6TH Avenue Sold | $525,000 | 3 | 2 | 1,402 | $374 | 0.6 mi |
G 805 W AMELIA Avenue Active | $480,000 List Price | 3 | 1 | 1,510 | $318 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947 with a kitchen renovation that appears to be 15-20 years old. While the home is functional and features limestone flooring, the interior finishes—specifically the dated cabinetry, worn carpeting, and wall textures—indicate the property is due for minor repairs and modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9718, living area = 1633.
Situated in the desirable Encanto area with no HOA, this property offers a quiet, tree-lined setting with easy access to central Phoenix amenities, dining, and parks.
The rare 16-foot garage door provides unique versatility and superior access for oversized vehicles, a highly sought-after and hard-to-find feature in this historic neighborhood.
Given the 1947 construction date, the property may require significant capital improvements or modernization of aging infrastructure such as plumbing, electrical, or HVAC systems.
The assigned public schools carry lower to average ratings (3-5), which may be a consideration for families prioritizing top-tier educational districts and could impact long-term resale value.
Charming mid century ranch in the desirable Encanto area. Built in 1947, this 3 bed, 2 bath home features a spacious layout with multiple living areas, dining area and natural light. Limestone flooring in main areas, generously sized bedrooms and plenty of storage throughout. Enjoy a large backyard with a covered front patio. Perfect for entertaining or relaxing. Hard to find 16 ft garage door provides exceptional access for oversized vehicles and added versatility. Located on a quiet, tree lined street with easy access to park, dining and central Phoenix amenities. No HOA. A timeless property offering comfort, character, and an unbeatable central location.
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades PK-8 • 0.4 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,633 | - |
| Lot Size | 9,718 | - |
| Price | $480.0K | $495.4K |
| Price per sq ft | $294 | $290 |
| Built year | 1947 | 0 |
| HOA | $0 | $0 |
| Days on market | 83 | 1260 |
May 1, 2026
$480,000
Initial Listing