
Phoenix, AZ 85041
This Renovated Single Family Residence is a Strong Value Opportunity, listed at $345,000—positioned well below the $372,311 Fair Market Value by 7%. This valuation gap offers $27,311 in Instant Equity. Featuring a Modernized Kitchen, new flooring, and a Versatile Detached Flex Space, the property holds a Condition Rating of 2. With no HOA fees and proximity to downtown, this home balances lifestyle convenience with financial upside, making it an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 415 W GROVE Street Subject | $345,000* List Price | 4 | 2 | 1,755 | $212 | - |
A 5437 S MONTEZUMA Street Sold | $370,000 | 5 | 2 | 1,766 | $210 | 0.2 mi |
B 5811 S 16TH Drive Sold | $378,000 | 4 | 2 | 1,520 | $249 | 0.9 mi |
C 206 W SUNLAND Avenue Active | $395,000 List Price | 4 | 2 | 1,961 | $201 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1952, the property has undergone a comprehensive recent renovation featuring a modern kitchen with granite countertops and subway tile, new flooring and fixtures throughout, and updated en-suite bathrooms, indicating a high-end, move-in ready condition consistent with a recent remodel.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7205, living area = 1755.
The home features high-end contemporary updates including granite countertops, subway tile backsplashes, and new flooring throughout, providing a move-in-ready experience.
The inclusion of a detached finished playroom or home office offers significant flexibility for remote work, hobbies, or a guest suite, which is a rare find at this price point.
Given the 1952 construction date, the property may have underlying aging mechanical or plumbing systems that could require future capital investment despite cosmetic upgrades.
The local assigned schools carry lower performance ratings (3 and 4), which may impact long-term resale value or appeal to families prioritizing high-ranking educational districts.
Beautiful, large home! Features master bedroom w/walk-in closet and en-suite bath, beautiful kitchen w/granite countertops, subway tile, brick-exposed den, laundry room, new fixtures, and flooring throughout. HUGE covered patio, landscaping front/back. Detached finished playroom, home office, or bedroom. gates in front and back. Great parks and schools, close to downtown, freeways, and major sports and entertainment venues
No exterior & parking available.
Grades K-8 • 0.2 mi
Grades 9-12 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,755 | - |
| Lot Size | 7,205 | - |
| Price | $345.0K | $495.4K |
| Price per sq ft | $197 | $290 |
| Built year | 1952 | 0 |
| HOA | $0 | $0 |
| Days on market | 33 | 1260 |
Jun 20, 2026
$345,000
Initial Listing