
Phoenix, AZ 85007
This Modernized Historic Residence is a Prime Investment Opportunity, listed at $325,000—positioned well below the $335,957 Fair Market Value by 3%. This valuation gap secures $10,957 in Instant Equity for the buyer. Boasting a Condition Rating of 2, the 1906 home features a 2022 remodel with white shaker cabinets, stainless appliances, and wood-look flooring. The massive 8,700 sqft lot and unfinished basement offer rare expansion potential just steps from Capitol Elementary School. This versatile asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a turnkey home with future upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 415 N 17TH Drive Subject | $325,000* List Price | 3 | 1 | 1,003 | $335 | - |
A 334 N 18TH Drive Sold | $355,000 | 3 | 2 | 1,100 | $323 | 0.2 mi |
B 405 N 18th Drive Sold | $319,000 | 3 | 2 | 1,355 | $235 | 0.1 mi |
C 710 N 9TH Avenue Sold | $400,000 | 3 | 2 | 1,112 | $360 | 0.7 mi |
D 1322 W Taylor Street Sold | $295,000 | 2 | 1 | 816 | $362 | 0.4 mi |
E 1630 W POLK Street Sold | $310,000 | 2 | 1 | 837 | $370 | 0.1 mi |
F 1722 W HADLEY Street Active | $325,000 List Price | 2 | 1 | 1,040 | $313 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1906, the property underwent an extensive renovation in 2022. The interior features all-new components including a modern kitchen with white shaker cabinets and stainless steel appliances, updated wood-look flooring, recessed lighting, and new fixtures throughout, meeting the criteria for a recently renovated home with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8700, living area = 1003.
Extensively remodeled in 2022, this home blends modern interior finishes with historic charm, providing a move-in-ready experience with updated systems.
The unfinished basement and large 8,700 sqft lot offer rare opportunities to increase square footage, add a secondary dwelling unit, or create a custom outdoor oasis.
The 3-bedroom, 1-bathroom configuration is a notable drawback for families and may impact the property's competitive edge in the resale market.
At just 1,003 square feet, the interior footprint is relatively small for a three-bedroom home, potentially resulting in tight bedroom dimensions and limited common space.
Remodeled in 2022, this 3-bedroom, 1-bath home features modern updates throughout and offers comfortable living with room to grow. The property includes an unfinished basement with great potential for additional living space, storage, or future customization. Situated on a large lot, the spacious backyard is a blank slate ready for landscaping, outdoor entertaining, or future improvements
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades 9-12 • 3.6 mi
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 | 1,003 | 1,511 | 14% |
| Lot Size | 8,700 | 7,385.5 | 68% |
| Price | $325.0K | $483.5K | 32% |
| Price per sq ft | $324 | $349 | 47% |
| Built year | 1906 | 1936 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 1425 | 1% |
Mar 9, 2026
$325,000
Initial Listing