
Phoenix, AZ 85086
Analysis of 42213 N 3RD Street, Phoenix, AZ 85086 is currently available with a list price of $549,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1974, this property is well-maintained but shows its age. While it features significant functional upgrades such as a metal roof, triple-pane windows, and a newer Goodman HVAC unit, the overall aesthetic and 50-year-old structure fall into the fair category. The interior, while featuring tile and wood flooring, likely requires cosmetic updates to the kitchen and bathrooms to meet modern standards, as no recent full-scale renovation is mentioned.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 109305, living area = 1859.
The property is a horse lover's dream, featuring a large dry arena, three stalls, a tack room, and an elevated lot designed to remain mud-free during rain.
Situated on an elevated lot, the home offers breathtaking 360-degree mountain views, best enjoyed from the unique and spacious garage-top entertaining patio.
Built in 1974, the home may require updates to its original systems or interior finishes to meet the aesthetic preferences of modern buyers.
While the property includes a 2-car garage, the additional 2-car carport may not provide the level of security or climate protection some buyers desire for all vehicles.
No HOA!!! Horse Facilities!! That's right, this property has gorgeous 360 degree views, the elevated lot has plenty of room for multiple horses. Tired of muddy stalls/arena when it rains? This property solves that problem as the horse areas do not turn into mud pits. The 3-bedroom, 2-bath home has a metal roof, stucco exterior, tile and wood flooring, triple-pane windows and a wood burning fireplace. The garage-top patio is a spacious entertaining spot with amazing views. Enjoy a 2-car carport plus a 2-car garage. The horse facilities include a large dry arena, 3 stalls, turnouts, large tack room with a large secure, enclosed chicken coup. RVs are welcome with hookups.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,859 | 2,199 | 30% |
| Lot Size | 109,305 | 7,800 | 100% |
| Price | $549.0K | $460.0K | 63% |
| Price per sq ft | $295 | $239 | 75% |
| Built year | 1974 | 2003 | 0% |
| HOA | $0 | $288 | 21% |
| Days on market | 463 | 1741 | 35% |
Jan 14, 2025
$549,000
Initial Listing