4150 E CACTUS Road 213, Phoenix, AZ 85032, Phoenix, 85032 - 2 bed, 2 bath
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Phoenix, AZ 85032
This property presents a Strong Value Opportunity with a List Price of $325,000—positioned above the $302,173 Fair Market Value. While the unit requires modernization, its Fair Condition Rating is balanced by a highly functional 1,056 sqft floor plan and Expansive Covered Patios with greenbelt views. Located near the Paradise Valley development, this asset offers significant lifestyle appeal and rental potential for those willing to perform cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a prime Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4150 E CACTUS Road 213 Subject | $325,000* List Price | 2 | 2 | 1,056 | $286 | - |
A 4465 E PARADISE VILLAGE Parkway S 1224 Sold | $395,000 | 2 | 2 | 1,154 | $342 | 0.6 mi |
B 13805 N 43RD Street Active Under Contract | $390,000 List Price | 2 | 2 | 1,021 | $382 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1981 (40+ years old) and shows signs of being dated, such as popcorn ceilings and original-style exterior finishes. While the interior features updated laminate flooring and appears well-maintained/functional, the lack of mentioned renovations to the kitchen, bathrooms, or major systems (HVAC/Electric) places it in the fair category, requiring modernization.
The property is ideally situated near the New Paradise Valley Development, offering immediate access to trendy dining, shopping, and major transit routes including the 51 Freeway and Sky Harbor Airport.
Featuring both front and side covered patios, this unit provides significantly more private outdoor space than typical condos, perfect for relaxation and entertaining.
The spacious 1,056 sqft layout with two full bedrooms and two bathrooms offers a highly functional and desirable split-living arrangement for residents.
With 123 days on the market, the property may be facing challenges regarding its price point or perceived value compared to newer inventory in the area.
Built in 1981, the unit may require updates to major systems or cosmetic renovations to compete with modern developments and meet current buyer expectations.
Location, Location, Location, Highly Desirable Condo, near the New Paradise Valley Development area which includes trendy restaurants, bars, and shopping. Ideal location just minutes from downtown phoenix, sky harbor airport, Scottsdale, and 51 Freeway. Spacious two-bedroom, two-bath unit with expansive front and side covered patios to relax and enjoy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,056 | - |
| Lot Size | 130 | - |
| Price | $325.0K | $341.8K |
| Price per sq ft | $308 | $259 |
| Built year | 1981 | 0 |
| HOA | $281 | $0 |
| Days on market | 172 | 1211 |
Feb 1, 2026
$325,000
Initial Listing