4119 N 23RD Drive, Phoenix, AZ 85015, Phoenix, 85015 - 3 bed, 1 bath
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Phoenix, AZ 85015
This Renovated Cul-De-Sac Residence is a High-Potential Investment Opportunity, listed at $339,000—positioned well below the $394,688 Fair Market Value by 14%. This significant valuation gap provides $55,688 in Instant Equity for the incoming buyer. Boasting a Mint Condition Rating, the home features comprehensive updates including new flooring, upgraded electrical, and a remodeled bathroom. The expansive 8,730 sq. ft. private lot offers rare seclusion and significant outdoor utility. With flexible owner-carry financing available, this property is an exceptional acquisition for Owner-Occupants seeking rapid wealth accumulation or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4119 N 23RD Drive Subject | $339,000* List Price | 3 | 1 | 1,313 | $301 | - |
A 1941 W Mitchell Drive Sold | $396,400 | 3 | 2 | 1,200 | $330 | 0.7 mi |
B 1941 W MITCHELL Drive Sold | $396,400 | 3 | 2 | 1,200 | $330 | 0.7 mi |
C 1941 W WHITTON Avenue Sold | $400,000 | 3 | 2 | 1,200 | $333 | 0.6 mi |
D 1941 W WHITTON Avenue Sold | $400,000 | 3 | 2 | 1,200 | $333 | 0.6 mi |
E 2233 W FLOWER Street Sold | $345,000 | 3 | 2 | 1,340 | $257 | 0.7 mi |
F 2015 W WELDON Avenue Sold | $375,000 | 3 | 1 | 1,120 | $335 | 0.6 mi |
G 2011 W WHITTON Avenue Active | $395,000 List Price | 3 | 1 | 1,224 | $323 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1950, the property has undergone a recent renovation (under 5 years) including new flooring, paint, electrical systems, and a new bathroom. These updates meet the criteria for mint condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8730, living area = 1313.
The property features significant modern updates including new flooring, electrical systems, fresh paint, and a remodeled bathroom, reducing immediate maintenance needs for the buyer.
Situated at the end of a quiet cul-de-sac on a large 8,730 sq. ft. private lot, the home offers enhanced privacy, safety, and ample outdoor space compared to standard interior lots.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Despite having three bedrooms, the home only features one bathroom, which may be a significant drawback for families and could impact future resale value.
The owner-carry option requires a higher purchase price of $359,000 and a 10% interest-only rate, representing a substantial cost premium over the standard list price and market interest rates.
Updated 3 bedroom home on large private lot and the end of a Cul-De-Sac. New Floors, electric, paint and bathroom. Large kitchen with big pantry. New washer and Dryer! Owner may carry for $359,000 (10% interest only!)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 1,313 | 1,472 | 31% |
| Lot Size | 8,730 | 7,693 | 74% |
| Price | $339.0K | $369.5K | 43% |
| Price per sq ft | $258 | $263 | 48% |
| Built year | 1950 | 1951 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 994 | 1% |
Apr 21, 2026
$339,000
Initial Listing