4137 W LUKE Avenue, Phoenix, AZ 85019, Phoenix, 85019 - 4 bed, 2 bath
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Phoenix, AZ 85019
This property presents a Strong Value Opportunity with a List Price of $295,000—positioned well below the $317,396 Fair Market Value by 7%. This valuation gap offers $22,396 in Instant Equity for buyers prepared to address the Condition Rating of 5. The large 10,768 sqft lot and cul-de-sac location provide significant upside for a full-scale renovation. This Value-Add Asset is ideal for Fix-and-Flip Investors or Contractors seeking a project with substantial potential in the Phoenix market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4137 W LUKE Avenue Subject | $295,000* List Price | 4 | 2 | 1,956 | $162 | - |
A 4141 W MISSOURI Avenue Sold | $315,000 | 3 | 2 | 1,832 | $172 | 0.1 mi |
B 5222 N 41ST Drive Sold | $270,000 List Price | 4 | 2 | 1,512 | 0.3 mi | |
C 5144 N 39TH Avenue Sold | $375,000 | 4 | 2 | 2,069 | $181 | 0.5 mi |
D 3742 W Berridge Lane Sold | $345,000 | 3 | 2 | 1,950 | $177 | 0.7 mi |
E 4232 W CITRUS Way Sold | $328,500 | 3 | 2 | 1,690 | $194 | 0.8 mi |
F 4232 W CITRUS Way Sold | $328,500 | 3 | 2 | 1,690 | $194 | 0.8 mi |
G 3925 W SAN JUAN Avenue Active | $329,000 List Price | 5 | 2 | 1,790 | $184 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1968 (56 years old) with no evidence of renovation. The property is sold AS-IS and exhibits significant defects including missing drywall, exposed plumbing/electrical in utility areas, and the use of window AC units suggesting HVAC issues. It requires a complete rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10768, living area = 1956.
The property features a substantial 10,768 sqft lot situated in a quiet cul-de-sac, providing enhanced privacy and ample outdoor space for recreation or potential expansion.
Listed at $295,000 for a 4-bedroom, nearly 2,000 sqft home, this property offers an excellent entry-level price or investment opportunity with significant upside potential in the Phoenix market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The home is being sold in as-is condition, which implies the buyer will likely need to budget for immediate repairs, modernizations, or addressing deferred maintenance.
Built in 1968, the tri-level design and age may require significant updates to major systems and cosmetics to meet the expectations of modern buyers.
Tri-level home to be sold AS-IS with a large lot in a cul-de-sac.
No exterior & parking available.
Grades K-3 • 0.4 mi
Grades K-3 • 1.0 mi
Grades K-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,956 | - |
| Lot Size | 10,768 | - |
| Price | $295.0K | $495.4K |
| Price per sq ft | $151 | $290 |
| Built year | 1968 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 1260 |
Jul 20, 2026
$295,000
Initial Listing