
Phoenix, AZ 85031
This Newly Renovated Single-Family Residence is a High-Potential Investment Opportunity listed at $379,000—positioned well below the $389,323 Fair Market Value by 2%. This valuation gap provides $10,323 in Instant Equity for buyers. Boasting a Condition Rating of 2, the 1,926-square-foot interior features a Modern Granite Kitchen, white shaker cabinets, and wood-look flooring. With No HOA Fees and a spacious four-bedroom layout, this property balances contemporary lifestyle perks with long-term financial stability. It is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors looking for a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4230 N 49TH Drive Subject | $379,000* List Price | 4 | 2 | 1,926 | $202 | - |
A 3614 N 48TH Avenue Sold | $285,000 | 4 | 2 | 2,049 | $139 | 0.6 mi |
B 3614 N 48TH Avenue Sold | $285,000 | 4 | 2 | 2,049 | $139 | 0.6 mi |
C 3614 N 48TH Avenue Sold | $285,000 | 4 | 2 | 2,047 | $139 | 0.6 mi |
D 4727 N 50TH Drive Active | $344,999 List Price | 3 | 2 | 1,899 | $182 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1954, the property has undergone an extensive recent renovation within the last 5 years. The interior features brand-new wood-look flooring, fresh paint, and modern black hardware throughout. The kitchen is fully updated with white shaker cabinets, stone countertops, and stainless steel appliances. Bathrooms have been modernized with contemporary large-format tiling and new fixtures. The home is in move-in-ready condition with no visible deferred maintenance.
The property has been recently updated with fresh interior finishes, new flooring, and contemporary kitchen and bathroom remodels, offering a move-in-ready experience for buyers.
With 4 bedrooms and over 1,900 square feet of living space, the home provides a generous floor plan that accommodates large families or the need for a dedicated home office.
The absence of a homeowners association allows for greater financial flexibility and freedom from restrictive community rules, making it attractive to both homeowners and investors.
Built in 1954, the home may have aging underlying systems such as plumbing or electrical that might require future maintenance despite the recent cosmetic upgrades.
Located in an older, established subdivision, the property may lack the modern community amenities and infrastructure found in newer master-planned developments.
Newly renovated 4 bedroom, 2 bathroom home in Phoenix offering modern updates and comfortable living. This home features fresh interior finishes, updated flooring, and a bright open layout that flows easily between the living, dining, and kitchen areas. The renovated kitchen and bathrooms provide a clean, contemporary feel while maintaining functionality for everyday living. Spacious bedrooms offer flexibility for family, guests, or a home office. Conveniently located near shopping, dining, schools, and major freeway access. Move-in ready and a great opportunity for homeowners or investors alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,926 | 1,444 | 82% |
| Lot Size | 6,791 | 7,172 | 36% |
| Price | $379.0K | $283.7K | 91% |
| Price per sq ft | $197 | $156 | 60% |
| Built year | 1954 | 1957 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 1374 | 1% |
Mar 9, 2026
$379,000
Initial Listing