4016 W ROYAL PALM Road, Phoenix, AZ 85051, Phoenix, 85051 - 3 bed, 2 bath
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Phoenix, AZ 85051
This Updated Single-Level Residence is a Prime Investment Opportunity, listed at $374,900—positioned well below the $386,150 Fair Market Value by 2%. This valuation gap secures $11,250 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the interior features vaulted ceilings, a fireplace, and wood-look flooring. Lifestyle perks include immediate access to the community pool and two covered patios. Located near Apollo High School, this home balances financial upside with turnkey comfort, making it ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4016 W ROYAL PALM Road Subject | $374,900* List Price | 3 | 2 | 1,506 | $256 | - |
A 4231 W FRIER Drive Sold | $366,000 List Price | 4 | 2 | 1,588 | 0.5 mi | |
B 7630 N 42ND Lane Sold | $399,900 | 5 | 3 | 1,775 | $225 | 0.5 mi |
C 7630 N 42ND Lane Sold | $399,900 | 4 | 2 | 1,271 | $315 | 0.5 mi |
D 3812 W SELDON Lane Sold | $337,000 | 3 | 2 | 1,113 | $303 | 0.5 mi |
E 3835 W MYRTLE Avenue Sold | $360,000 | 3 | 2 | 1,370 | $263 | 0.9 mi |
F 4035 W LOMA Lane Active | $400,000 List Price | 3 | 2 | 1,513 | $264 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1975 but features significant recent cosmetic updates including new wood-look flooring, fresh neutral paint, and stainless steel appliances. The home is well-maintained and move-in ready; however, the 50-year age of the structure and original wood cabinetry prevent an excellent rating.
The home is conveniently situated directly adjacent to the community pool, offering easy access to amenities for year-round recreation without the maintenance of a private pool.
The interior boasts vaulted ceilings, a fireplace, and updated wood-look flooring, creating a spacious and contemporary feel that is move-in ready.
Featuring two covered patios, a large backyard, and a gated front entry with a pergola, the property provides ample space for outdoor entertaining and relaxation.
Built in 1975, the home may require more frequent maintenance or future updates to major systems compared to newer residential developments in the area.
With middle and elementary school ratings of 4 and 5 respectively, the local school district performance may be a consideration for education-focused buyers.
Charming single-level home in Northern Groves is back on the market! A 2-car garage & a gated front entry w/Pergola are just the beginning. The inviting interior showcases abundant natural light, a neutral palette, and tile & wood-look flooring t/out. Excellent floor plan featuring a seamlessly flowing living & dining room w/vaulted ceiling, alongside a separate family room w/fireplace. The kitchen boasts an SS elec range, wood cabinetry, and a cozy breakfast nook w/bay window. The double-door main bedroom has outdoor access, a walk-in closet, and a private bathroom for added comfort. If you want to relax & enjoy BBQ, the large backyard awaits with two covered patios! PLUS! Conveniently nestled just beside the Community pool for year-round fun. Excellent Phoenix location! Home, sweet home!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 7-8 • 0.6 mi
Grades 9-12 • 0.8 mi
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 | 1,506 | 1,620 | 34% |
| Lot Size | 5,750 | 7,662 | 5% |
| Price | $374.9K | $350.0K | 66% |
| Price per sq ft | $249 | $219 | 75% |
| Built year | 1975 | 1967 | 78% |
| HOA | $105 | $0 | 95% |
| Days on market | 4 | 349 | 1% |
Apr 21, 2026
$374,900
Initial Listing