4101 E MORROW Drive, Phoenix, AZ 85050, Phoenix, 85050 - 3 bed, 2 bath
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Phoenix, AZ 85050
This Updated Single-Family Residence is a Prime Investment Opportunity, listed at $674,888—positioned well below the $690,134 Fair Market Value by 2%. This valuation gap offers $15,246 in Instant Equity. Boasting a Move-in Ready Condition Rating, the home features a new roof (2026), owned solar panels, and a private pool with no HOA fees. Located near a top-rated 8/10 elementary school, it combines significant capital improvements with low carrying costs. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4101 E MORROW Drive Subject | $674,888* List Price | 3 | 2 | 2,039 | $338 | - |
A 4007 E KIMBERLY Way Sold | $514,000 | 3 | 2 | 1,648 | $312 | 0.1 mi |
B 18802 N 36TH Place Sold | $525,000 | 3 | 2 | 1,678 | $313 | 0.6 mi |
C 3935 E ROCKWOOD Drive Sold | $575,000 List Price | 3 | 3 | 1,924 | 0.2 mi | |
D 3511 E MARCO POLO Road Sold | $592,000 | 3 | 2 | 1,602 | $370 | 0.9 mi |
E 18825 N 34TH Street Sold | $535,000 | 4 | 2 | 1,952 | $274 | 0.9 mi |
F 3356 E ROSEMONTE Drive Sold | $550,000 List Price | 4 | 2 | 1,850 | 0.9 mi | |
G 3905 E RENEE Drive Active Under Contract | $550,000 List Price | 3 | 3 | 1,924 | $286 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring significant recent capital improvements including a new roof, water heater, and pool pump. The interior has been updated with fresh paint, modern wood-look flooring, and contemporary light fixtures. The kitchen and laundry areas have been refreshed with painted cabinetry, modern hardware, and updated appliances. While the home was built in 1989, these extensive updates and the addition of owner-owned solar panels elevate its condition above the 'fair' category, though it falls short of 'excellent' as it is not a full recent construction or total gut renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8268, living area = 2039.
The property boasts major high-ticket updates including a new roof (2026), new water heater (2025), and a new pool pump (2025), significantly reducing the immediate maintenance burden for a new owner.
With owner-owned solar panels and the absence of a monthly HOA fee, this home offers substantial long-term savings on utility bills and fixed ownership expenses.
While the elementary school is highly rated at an 8, the assigned middle school (rated 2) and high school (rated 4) may be a deterrent for families prioritizing top-tier secondary education.
Only approximately 50% of the windows were replaced in 2025, meaning the remaining older windows may eventually require replacement to ensure uniform energy efficiency and aesthetic consistency.
Move-in ready and designed for effortless entertaining, this light-filled home offers fresh interior paint and a bright, welcoming atmosphere throughout. The spacious primary suite features a walk-in closet, full en-suite bath, and direct access to the backyard and pool. Two additional bedrooms are thoughtfully positioned at the front of the home for added privacy. Step outside to your private backyard retreat complete with a grassy area, lemon trees, a covered patio, and a fenced pool-perfect for relaxing or hosting gatherings. Major updates provide peace of mind, including approximately 50% of windows replaced in 2025, new water heater (2025), new pool pump (2025), and a new roof (2026). Enjoy energy savings with owner owned solar panels. No HOA.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 2,039 | 1,962 | 56% |
| Lot Size | 8,268 | 6,106 | 81% |
| Price | $674.9K | $500.0K | 77% |
| Price per sq ft | $331 | $299 | 62% |
| Built year | 1989 | 1998 | 11% |
| HOA | $0 | $132 | 15% |
| Days on market | 65 | 1589 | 1% |
Feb 16, 2026
$674,888
Initial Listing