
Phoenix, AZ 85024
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $435,000—positioned well below the $460,402 Fair Market Value by 5%. This valuation gap offers $25,402 in Instant Equity. Featuring a Good Condition Rating, the home includes a Private Pool, Granite Kitchen, and recent mechanical upgrades like a new HVAC. While school ratings are modest, the property’s move-in ready status and "Tuscany-style" courtyard make it an ideal choice for Owner-Occupants or first-time buyers seeking immediate comfort.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 422 E KERRY Lane Subject | $435,000* List Price | 3 | 3 | 1,585 | $290 | - |
A 413 E KRISTAL Way Sold | $435,000 | 3 | 3 | 1,656 | $263 | 0.0 mi |
B 502 E Topeka Drive Sold | $400,000 | 2 | 2 | 1,290 | $310 | 0.1 mi |
C 406 E BEHREND Drive Sold | $370,100 | 3 | 2 | 1,168 | $317 | 0.4 mi |
D 1114 E PONTIAC Drive Sold | $515,000 | 3 | 2 | 1,618 | $318 | 0.9 mi |
E 1114 E PONTIAC Drive Sold | $515,000 | 3 | 2 | 1,618 | $318 | 0.9 mi |
F 913 E WAHALLA Lane Sold | $393,000 | 3 | 2 | 1,136 | $346 | 0.7 mi |
G 413 E KRISTAL Way Active | $460,000 List Price | 3 | 3 | 1,656 | $278 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1985 but qualifies as Good due to significant recent updates including new HVAC, new LVP flooring, and granite countertops in the kitchen and all bathrooms. While the maple cabinets are original, the home features newer pool equipment, updated insulation, and dual-pane windows, making it well-maintained and move-in ready.
The property features a brand-new HVAC system, updated insulation, and dual-pane windows with a lifetime warranty, offering immediate energy efficiency and reduced maintenance costs for the buyer.
The backyard is a standout feature, boasting a private pool with newer equipment, a tranquil courtyard with a fountain, and mature landscaping that provides a custom 'Tuscany' feel rather than a standard tract home aesthetic.
The home is move-in ready with new LVP flooring, granite countertops throughout the kitchen and all three bathrooms, and a comprehensive whole-home reverse osmosis and water softening system.
The assigned elementary school has a rating of 2/10 and the high school a 4/10, which may be a significant deterrent for families prioritizing top-tier education and could impact future appreciation.
At 4,098 square feet, the lot is relatively small; while the backyard is well-designed, the presence of a private pool leaves very little traditional yard space for pets or children's play areas.
Merit Estates is a quiet pocket of North Phoenix near Union Hills and 7th Street, tight-knit at the neighborhood level but minutes from freeway access and the shops and restaurants along the corridor. This two-story sits behind desert front landscaping and a courtyard gate, with a two-car garage and a covered front entry. Step through the French doors and vaulted ceilings open the living room, with windows that stretch nearly the full height of the wall pulling light in from every angle. New LVP runs underfoot, paired with new HVAC and updated insulation, and the dual pane windows carry a lifetime warranty. Under the stairs, a built-in storage nook keeps things tucked away. The kitchen keeps its antique maple cabinets and pantry, with granite counters that carry through to the guest and master bathrooms. A formal dining room sits just off the kitchen, and a fireplace anchors the family room for the cooler months. Upstairs, the primary suite has a full bath with a double vanity, plus two more bedrooms and a third full bath for guests. RO and soft water run to the entire home. Out back is the real payoff. A privacy wall encloses a courtyard -- part security, part quiet retreat -- shaded by mature trees with a fountain running and only late afternoon sun, so the patio stays cool until evening. It's the kind of space built for sitting outside with a crossword and the sound of the fountain and birds. Beyond it, a private pool with newer equipment and a covered patio round out a backyard that leans more Tuscany than tract home.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 3.1 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,585 | 1,820.548 |
| Lot Size | 4,098 | 7,305.343 |
| Price | $435.0K | $470.3K |
| Price per sq ft | $274 | $279 |
| Built year | 1985 | 1986 |
| HOA | $46 | $186 |
| Days on market | 35 | 67 |
Aug 5, 2026
$435,000
Initial Listing