
Phoenix, AZ 85006
This Modernized Historic Bungalow is a Strong Value Opportunity, listed at $750,000, aligning perfectly with its $750,000 Fair Market Value. Boasting a Condition Rating of 2, the residence features a high-end quartz kitchen, solar panels, and a versatile upstairs ADU with city skyline views. The rare 11,700 sqft jumbo lot and separate entrance provide exceptional rental potential in the walkable Garfield district. Despite lower school ratings, the property’s turnkey finishes and income versatility offer a unique "house-hack" advantage. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 412 N 14TH Street Subject | $725,000* List Price | 4 | 3 | 2,342 | $310 | - |
A 1306 E WILLETTA Street Pending | $699,000 List Price | 5 | 4 | 2,230 | $313 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1916 historic bungalow has undergone an extensive recent renovation, bringing it to modern standards while preserving its character. The kitchen is completely updated with new green shaker cabinetry, quartz countertops, and high-end stainless steel gas appliances. Throughout the home, there is consistent modern wide-plank flooring, updated recessed lighting, and contemporary fixtures. The property also features significant upgrades like solar panels, an automatic gate, and a versatile upstairs ADU/master suite, showing no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11700, living area = 2342.
The upstairs level features a separate entrance and can function as a full ADU or in-law suite, offering excellent potential for rental income or multi-generational living in a high-demand downtown area.
This 1916 bungalow preserves its historic character with 10-foot ceilings and sunrooms while featuring a high-end remodeled kitchen with quartz countertops, new cabinetry, and premium gas appliances.
The assigned public schools for this address currently hold low ratings (3 to 4 out of 10), which may be a significant drawback for families prioritizing educational performance.
Built in 1916, the property's age may necessitate more frequent and costly maintenance of structural, plumbing, and electrical systems compared to newer residential builds.
Back on market--previous buyer couldn't perform, creating another chance to own this Downtown Phoenix gem! Experience the energy of Downtown Phoenix from the Historic Garfield Neighborhood. Walk, bike or rideshare to Roosevelt Row, First Fridays, Chase Field, Footprint Center, The Van Buren, Arizona Financial Theatre, acclaimed restaurants, breweries, coffee shops and local boutiques. Quick access to light rail, ASU, Banner Health, Phoenix Children's and major freeways. Flexible floor plan offers 4 beds/3 baths or a 3 bed/2 bath home with a separate-entry 1 bed/1 bath guest suite or ADU. Recent updates include owned solar, foundation stabilization and numerous system improvements for modern peace of mind.
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades PK-8 • 0.6 mi
Grades PK-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,342 | - |
| Lot Size | 11,700 | - |
| Price | $725.0K | $495.4K |
| Price per sq ft | $310 | $290 |
| Built year | 1916 | 0 |
| HOA | $0 | $0 |
| Days on market | 264 | 1260 |
Jun 17, 2026
$725,000
$749,000
-3% Price Drop
Initial Listing
May 28, 2026
$749,000
$750,000
+0% Price Increase
Initial Listing
Oct 31, 2025
$750,000
Initial Listing