4026 E MEADOW Drive, Phoenix, AZ 85032, Phoenix, 85032 - 3 bed, 3 bath
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Phoenix, AZ 85032
This Strategic Commuter Residence is a Value-Driven Opportunity, listed at $499,900—positioned well below the $504,048 Fair Market Value by 1%. This valuation gap provides $4,148 in Instant Equity for buyers. The home maintains a Condition Rating of 4, featuring a functional layout with a covered patio and desirable North-South exposure. Located minutes from the SR-51 and Loop 101, it offers unparalleled access to TSMC and Scottsdale while being steps from Paradise Valley High School. This property is perfectly suited for Owner-Occupants looking to build equity or Buy-and-Hold Investors seeking a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4026 E MEADOW Drive Subject | $499,900* List Price | 3 | 3 | 1,848 | $273 | - |
A 17433 N 46TH Place Sold | $550,000 | 3 | 3 | 1,605 | $343 | 0.8 mi |
B 17433 N 46TH Place Sold | $550,000 | 3 | 3 | 1,605 | $343 | 0.8 mi |
C 17433 N 46TH Place Sold | $550,000 | 3 | 3 | 1,605 | $343 | 0.8 mi |
D 17433 N 46TH Place Sold | $550,000 | 3 | 3 | 1,605 | $343 | 0.8 mi |
E 4036 E ANGELA Drive Sold | $575,000 | 4 | 2 | 1,746 | $329 | 0.2 mi |
F 4036 E ANGELA Drive Sold | $575,000 | 4 | 2 | 1,746 | $329 | 0.2 mi |
G 4015 E ANDERSON Drive Active | $475,000 List Price | 3 | 3 | 1,596 | $298 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994 (30 years old), the home is functional but dated. Interior photos show original 90s-style bathroom tile and finishes. While described as well-maintained, the exterior patio structure shows visible wood wear and peeling paint, indicating a need for minor repairs and cosmetic updates to meet modern standards.
Ideally situated near the SR-51 and Loop 101 freeways, providing excellent accessibility for commutes to TSMC, Scottsdale, and Phoenix Sky Harbor International Airport.
The property is located within walking distance (0.22 miles) of Paradise Valley High School and is close to other local schools, making it highly convenient for families.
The home features a desirable North-South exposure, which is highly sought after in the Phoenix climate for improved energy efficiency and natural lighting.
The property is currently tenant-occupied with instructions not to disturb occupants, which may complicate the showing process and delay immediate possession for owner-occupants.
With a lot size of 4,400 square feet, the outdoor space is relatively limited compared to other single-family residences, which may be a drawback for buyers seeking a large yard.
Motivated seller. Well maintained home and priced to sell! This 3 bedroom, 2.5 bath home is located off of Bell and the 51 freeway with easy access to the North 101 freeway makes this a perfect home for commuting to TSMC, Scottsdale or the Phoenix Airport. This home features a 2 car garage. Must see to appreciate. North South exposure. Please do not disturb occupants. Currently tenant occupied.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 7-8 • 2.1 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 1,848 | 1,746 | 59% |
| Lot Size | 4,400 | 7,737.5 | 8% |
| Price | $499.9K | $450.0K | 60% |
| Price per sq ft | $271 | $288 | 42% |
| Built year | 1994 | 1980 | 79% |
| HOA | $100 | $0 | 90% |
| Days on market | 16 | 1457 | 0% |
May 4, 2026
$499,900
Initial Listing