4139 N 55TH Drive, Phoenix, AZ 85031, Phoenix, 85031 - 3 bed, 2 bath
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Phoenix, AZ 85031
This property presents a High-Potential Investment Opportunity with a List Price of $349,900—positioned well above the $330,957 Fair Market Value by -5%. While the home requires updates, its Fair Condition Rating and expansive 8,464 sqft lot provide a blank canvas for value-add renovations. The functional layout and lack of HOA fees enhance its long-term utility. This asset is well-suited for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic cosmetic improvements in a convenient Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4139 N 55TH Drive Subject | $349,900* List Price | 3 | 2 | 1,523 | $217 | - |
A 4202 N 58TH Avenue Sold | $338,000 | 3 | 2 | 1,585 | $213 | 0.4 mi |
B 4202 N 58TH Avenue Sold | $338,000 | 4 | 2 | 1,585 | $213 | 0.4 mi |
C 4820 N 57TH Drive Sold | $330,000 | 4 | 2 | 1,704 | $194 | 0.9 mi |
D 5858 W MINNEZONA Avenue Sold | $300,000 | 4 | 2 | 1,692 | $177 | 0.6 mi |
E 3023 N 57TH Drive Sold | $334,900 | 3 | 2 | 1,428 | $235 | 0.9 mi |
F 4306 N 50th Avenue Sold | $282,490 | 3 | 2 | 1,189 | $238 | 0.7 mi |
G 5717 W HEATHERBRAE Drive Pending | $304,900 List Price | 4 | 2 | 1,555 | $196 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this 67-year-old home is described as having 'room to make it your own,' a clear indicator of dated interiors. While the exterior appears maintained and the layout is functional, the lack of mentioned upgrades to the kitchen, bathrooms, or major systems (HVAC/Electric) suggests the property is in original or older condition requiring cosmetic and functional updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8464, living area = 1523.
The property sits on a spacious 8,464 sqft lot, providing a large backyard that is ideal for outdoor entertaining, gardening, or potential future expansions.
With an association fee of zero, homeowners enjoy increased monthly affordability and the freedom to manage their property without restrictive community regulations.
Built in 1957, the home may require updates to aging electrical, plumbing, or HVAC systems to meet modern efficiency and safety standards.
The listing suggests 'room to make it your own,' indicating that the interior likely requires cosmetic renovations and updates to appeal to contemporary buyers.
Welcome to this inviting 3 bedroom, 2 bathroom home offering a functional layout with comfortable living spaces and plenty of room to make it your own. Situated on a spacious lot, the property features a large backyard for entertaining, gardening, or relaxing outdoors. Conveniently located near schools, parks, shopping, dining, and major freeways, this one offers easy access to everything phoenix has to offer.
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 | 1,523 | - |
| Lot Size | 8,464 | - |
| Price | $349.9K | $495.4K |
| Price per sq ft | $230 | $290 |
| Built year | 1957 | 0 |
| HOA | $0 | $0 |
| Days on market | 22 | 1260 |
Jul 1, 2026
$349,900
Initial Listing