
Phoenix, AZ 85019
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $340,000—positioned well above the $328,516 Fair Market Value by 3%. Despite the premium, the property features a new roof and new AC, mitigating major capital expenditures. With a Condition Rating of 4, the home offers a stable foundation for cosmetic modernization in the kitchen and baths. The existing tenant's interest in staying provides immediate rental stability. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-maintained, income-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4225 W Citrus Way Subject | $340,000* List Price | 3 | 2 | 1,290 | $255 | - |
A 4025 W CLAREMONT Street Sold | $365,000 | 3 | 2 | 1,290 | $283 | 0.3 mi |
B 4243 W CITRUS Way Sold | $316,900 List Price | 3 | 2 | 1,416 | 0.0 mi | |
C 4026 W BERRIDGE Lane Sold | $350,000 | 3 | 2 | 1,302 | $269 | 0.4 mi |
D 3618 W RANCHO Drive Sold | $347,000 | 3 | 2 | 1,400 | $248 | 0.9 mi |
E 4038 W MARYLAND Avenue Sold | $265,000 | 3 | 2 | 1,290 | $205 | 0.3 mi |
F 3514 W TUCKEY Lane Sold | $340,000 | 3 | 2 | 1,416 | $240 | 0.9 mi |
G 6537 N 41ST Drive Active | $375,000 List Price | 3 | 2 | 1,423 | $264 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is over 60 years old (built 1959). While it features a new roof and HVAC system, the interior finishes, including the bathrooms and flooring, are significantly dated and appear to be 20-30+ years old. It is well-maintained and functional but requires cosmetic modernization in the kitchen and baths.
The property features a brand-new roof and a new AC system, providing significant value and peace of mind regarding major maintenance expenses in the Phoenix climate.
With a current tenant expressing strong interest in remaining, this home offers a seamless transition for investors seeking immediate rental income without vacancy periods.
The oversized backyard provides a blank canvas for gardening, entertaining, or future additions, a desirable feature for buyers seeking privacy and versatility.
The local elementary and middle schools carry lower performance ratings, which may be a concern for families prioritizing educational proximity and quality.
Built in 1959, the home may require future updates to its original plumbing or electrical systems to meet modern standards, despite its well-maintained condition.
Beautifully maintained home featuring a new roof and new AC for added peace of mind! Inside, you will find charming original details and thoughtful touches throughout that gives the home warmth and character. Step outside to an oversized backyard with endless potential for entertaining, gardening, or simply relaxing. A wonderful opportunity to own a home that has been lovingly cared for inside and out! In addition, for investors, the tenant has expressed strong interest in remaining in the home, offering the potiential for immediate rental income and seamless tenancy transition.
No exterior & parking available.
Grades K-3 • 1.0 mi
Grades K-3 • 1.1 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,290 | 1,421 | 15% |
| Lot Size | 6,856 | 6,823.5 | 51% |
| Price | $340.0K | $326.8K | 56% |
| Price per sq ft | $264 | $200 | 85% |
| Built year | 1959 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 1305 | 1% |
May 24, 2026
$340,000
Initial Listing