4235 N 16TH Drive, Phoenix, AZ 85015, Phoenix, 85015 - 4 bed, 2 bath
Loading property details...
Phoenix, AZ 85015
This Extensively Renovated Central Phoenix Ranch is a Strong Value Opportunity, listed at $470,000—positioned well below the $512,589 Fair Market Value by 8%. This valuation gap secures $42,589 in Instant Equity. Boasting a Condition Rating of 2, the home features a New Roof, New HVAC, and a Designer Quartz Kitchen. With 3% Seller Concessions and proximity to Osborn Middle School, this property balances turnkey luxury with financial upside. It is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4235 N 16TH Drive Subject | $465,000* List Price | 4 | 2 | 1,742 | $296 | - |
A 1702 W INDIAN SCHOOL Road Sold | $413,000 | 4 | 2 | 1,591 | $260 | 0.2 mi |
B 4307 N 15th Drive Sold | $550,000 | 4 | 2 | 1,652 | $333 | 0.1 mi |
C 4248 N 15TH Drive Sold | $430,000 List Price | 4 | 2 | 2,141 | 0.1 mi | |
D 1735 W Mitchell Drive Sold | $595,000 | 3 | 2 | 1,949 | $305 | 0.7 mi |
E 1735 W Mitchell Drive Sold | $595,000 | 3 | 2 | 1,949 | $305 | 0.7 mi |
F 1807 W HAZELWOOD Street Sold | $510,000 | 3 | 2 | 1,477 | $345 | 0.5 mi |
G 4245 N 16TH Drive Active | $470,000 List Price | 4 | 2 | 1,491 | $315 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1949, the property has undergone an extensive recent renovation that meets current quality standards. Key upgrades include a full kitchen remodel with quartz countertops and stainless steel appliances, brand new HVAC and water heater, updated plumbing and wiring, and a new roof. The interior features modern finishes such as fresh flooring, recessed lighting, updated bathrooms with contemporary vanities, and a primary suite with a walk-in closet, leaving no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7793, living area = 1742.
The property features a comprehensive overhaul including a new roof, HVAC, water heater, and updated plumbing and wiring, offering the peace of mind of a new build within a charming 1949 ranch.
The inclusion of 3% seller concessions with a full-price offer and the absence of HOA fees provide significant upfront and ongoing cost savings for the buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1742, other record living area = 1351.
The backyard is currently a 'blank canvas,' which will require additional time and financial investment from the buyer to landscape and make the space functional.
The assigned high school has a rating of 3, which may be a deterrent for families prioritizing top-tier public secondary education.
Character, Modern Upgrades, and Central Phoenix Convenience. Welcome to 16th Drive. This beautifully updated Central Phoenix ranch sits on a quiet street and offers 1,742 square feet, four bedrooms, two bathrooms, and a thoughtful renovation that covers all the right bases. With an updated roof, full kitchen remodel, brand new HVAC and water heater, updated plumbing and wiring, and fresh flooring throughout, this home delivers the peace of mind of a new build wrapped in the charm of a classic 1949 ranch. Inside, the open living and dining area sets the tone with a clean, modern feel that makes the space feel bright and welcoming. The kitchen has been completely redone with quartz countertops, new stainless steel appliances, and ample cabinetry built for real cooking and easy entertaining. The primary suite features a private ensuite and a walk-in closet, while the split floor plan adds flexibility for families, guests, or a home office setup. Out front, fresh turf and an extended driveway create strong curb appeal from the moment you arrive. Out back, a covered patio and generous yard give you a blank canvas ready to make your own. Located minutes from the 51, Uptown Phoenix dining, and everything the Indian School corridor has to offer. No HOA. Come take a look.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades PK-8 • 0.7 mi
Grades 7-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,742 | 1,474.5 | 70% |
| Lot Size | 7,793 | 7,693 | 52% |
| Price | $465.0K | $370.0K | 73% |
| Price per sq ft | $267 | $264 | 53% |
| Built year | 1949 | 1951 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 994 | 1% |
Apr 10, 2026
$465,000
$470,000
-1% Price Drop
Initial Listing
Mar 12, 2026
$470,000
Initial Listing