4017 W READE Avenue, Phoenix, AZ 85019, Phoenix, 85019 - 2 bed, 1 bath
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4017 W READE Avenue
Phoenix, AZ 85019
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
924Sq Ft
1,899Lot Size
Property Price
LIST PRICE$164,995
EST. MARKET VALUE
$182,865
9% BelowMARKET VALUE
SUMMARY
This Turnkey Townhome represents a Strong Value Opportunity, listed at $164,995—positioned well below the $182,866 Fair Market Value by 9%. This valuation gap provides $17,871 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a modern Granite Kitchen and fresh finishes, this property offers immediate lifestyle appeal. Located near Alhambra High School and local transit, it balances convenience with financial stability. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready asset.
Estimated Market Value
$182,865+$17,870 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4017 W READE Avenue Subject | $164,995* List Price | 2 | 1 | 924 | $198 | - |
A 5203 N 42ND Drive Sold | $194,000 | 2 | 1 | 1,005 | $193 | 0.3 mi |
B 4043 W WONDERVIEW Road Sold | $189,000 | 3 | 1 | 1,005 | $188 | 0.1 mi |
C 4107 W WONDERVIEW Road Pending | $189,000 List Price | 3 | 1 | 1,005 | $188 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1972, the property has undergone a comprehensive recent renovation (likely <2 years) featuring a modern kitchen with white shaker cabinets, granite countertops, and stainless steel appliances. With fresh interior/exterior paint, new wood-look flooring, and updated carpeting, the home is in mint, move-in-ready condition meeting the criteria for a recent high-end renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interior
The property features significant upgrades including granite countertops, white shaker cabinetry, stainless steel appliances, and fresh interior and exterior paint, providing a contemporary, move-in-ready feel.
- High Affordability
Priced competitively at $164,995, this townhome offers an excellent entry-level opportunity for first-time buyers or investors looking for a turnkey asset in the Phoenix market.
- Prime Community Location
Situated near Alhambra High School and public transportation, the community offers desirable amenities like lush green spaces and a basketball court, enhancing overall lifestyle convenience.
CONSRISKS & DEFICIENCIES
- Single Bathroom Layout
The home features only one bathroom for two bedrooms, which may be a limiting factor for families, roommates, or those who frequently host guests.
- Vintage Construction
Built in 1972, the property may require more frequent maintenance of older structural or mechanical systems compared to newer builds, despite the recent cosmetic renovations.
About 4017 W READE Avenue
Seize the chance to own this charming 2-bedroom townhome in Hallcraft Villas! Inside, you'll find an inviting living room with a soothing palette, blinds, and stylish wood-look flooring. The well-appointed kitchen comes with granite counters, white shaker cabinetry, sleek stainless steel appliances, a walk-in pantry, and a serving window with a breakfast bar for quick meals. Both bedrooms are cozy and well-sized, offering soft carpeting and a private retreat for a good night's sleep. Freshly painted inside and out. The Community boasts lush green spaces, a basketball court, well-maintained common areas, and a convenient location close to bus stops, Alhambra High School, restaurants, and shopping. Make it yours today!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1972
- Lot Size
- 1,899 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $153 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 924 | 1,225 |
| Lot Size | 1,899 | 1,319 |
| Price | $165.0K | $347.3K |
| Price per sq ft | $179 | $251 |
| Built year | 1972 | 1985 |
| HOA | $153 | $288 |
| Days on market | 25 | 824 |
Pricing History
Listed for Sale
Jul 31, 2026
$164,995
Initial Listing