
Phoenix, AZ 85042
This property presents a Strong Value Opportunity with a List Price of $360,000—positioned well above the $327,779 Fair Market Value by 9%. While the home requires modernization, its Fair Condition Rating and 6,303 sqft lot provide a solid foundation for value-add renovations. Located near I-10 and ASU, the property offers excellent commuter access and no HOA restrictions. This is a functional, move-in ready asset ideal for Buy-and-Hold Investors or first-time buyers looking to build equity through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4107 E NANCY Lane Subject | $360,000* List Price | 3 | 2 | 1,250 | $262 | - |
A 4325 E VINEYARD Road Sold | $385,000 | 5 | 3 | 1,548 | $249 | 0.5 mi |
B 4723 E VINEYARD Road Sold | $405,000 | 4 | 2 | 1,597 | $254 | 0.9 mi |
C 6201 S 47th Street Sold | $365,000 | 4 | 2 | 1,632 | $224 | 0.7 mi |
D 6437 S 43RD Place Pending | $339,900 List Price | 3 | 2 | 1,320 | $258 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973 (>50 years old), the property has received some cosmetic updates including newer laminate flooring and fresh paint. However, it retains dated elements such as popcorn ceilings and likely older cabinetry/systems. While functional and move-in ready, it requires modernization of the kitchen and baths to meet current market standards.
Strategically located with quick access to I-10, Sky Harbor Airport, and ASU, offering exceptional convenience for commuters and students alike.
The absence of a homeowners association provides significant monthly cost savings and greater freedom for property modifications and usage.
The property features a generous 6,303 sqft lot with a large backyard, providing an ideal canvas for outdoor entertainment or future landscaping projects.
Built in 1973, the home may require capital investment for cosmetic updates and modernization of systems to meet contemporary buyer expectations.
The property offers a carport rather than a fully enclosed garage, which may be a drawback for buyers seeking maximum vehicle protection and secure storage.
Welcome to this charming single-level home in Phoenix! Offering 3 beds, 2 baths, and a carport space. Enter to find a formal living room paired with tons of natural light! The eat-in kitchen boasts built-in appliances and cabinetry for ample storage. The primary bedroom has a private bathroom for added comfort. The large backyard is the ideal spot to relax or have a fun gathering! Ideally located in a highly desirable area of the Valley, this home offers quick access to I-10, Phoenix Sky Harbor Airport, Arizona Mills, Arizona State University (ASU), and South Mountain Regional Park. Enjoy the convenience of numerous shopping, dining, and entertainment options just minutes away. Make this gem yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,250 | - |
| Lot Size | 6,303 | - |
| Price | $360.0K | $495.4K |
| Price per sq ft | $288 | $290 |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 1260 |
Jul 20, 2026
$360,000
Initial Listing