4238 N 87TH Lane, Phoenix, AZ 85037, Phoenix, 85037 - 3 bed, 2 bath
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Phoenix, AZ 85037
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $375,000—positioned well below the $401,086 Fair Market Value by 6%. This valuation gap offers $26,086 in Instant Equity for the buyer. Featuring a 2018 build date and an Excellent Condition Rating, the home includes a modern open-concept layout and a professionally upgraded backyard with a pergola. While school ratings are moderate, the property’s move-in-ready status makes it an ideal acquisition for first-time buyers or Owner-Occupants seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4238 N 87TH Lane Subject | $375,000* List Price | 3 | 2 | 1,586 | $253 | - |
A 8618 W CLARENDON Avenue Sold | $434,200 | 4 | 2 | 1,507 | $288 | 0.5 mi |
B 8416 W MONTECITO Avenue Sold | $379,999 List Price | 4 | 2 | 1,500 | 0.5 mi | |
C 8634 W INDIANOLA Avenue Sold | $372,500 | 4 | 2 | 2,022 | $184 | 0.5 mi |
D 9210 W ROMA Avenue Active | $380,000 List Price | 3 | 2 | 1,396 | $272 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is only 6-8 years old, falling well within the under-10-year threshold for an excellent rating. The home features modern systems (HVAC/Electric), a contemporary open-concept layout, and updated finishes including a tiled walk-in shower in the primary suite. The interior and exterior appear to be in mint condition with no visible maintenance needs.
Built in 2018, this home features a contemporary open-concept great room and modern finishes, offering the energy efficiency and structural peace of mind associated with newer builds.
The backyard is fully upgraded with low-maintenance artificial turf, pavers, a pergola, and a covered patio, providing a premium, move-in-ready space for outdoor entertaining.
The primary suite offers high-end appeal with a stylishly tiled walk-in shower, dual-sink vanity, and a generous walk-in closet, exceeding standard builder-grade expectations.
The assigned schools carry ratings of 4 and 5 out of 10, which may be a drawback for families specifically seeking top-tier educational districts.
At 5,175 square feet, the lot is relatively small, which limits privacy between neighbors and restricts space for significant future expansions or large-scale gardening.
Welcome home to this beautifully designed 3-bedroom, 2-bath home featuring an open-concept great room layout. The spacious primary suite offers a stylish ensuite with a tiled walk-in shower, dual-sink vanity, and a generous walk-in closet. Step outside to a large, low-maintenance backyard complete with pavers, artificial turf, a covered patio, and a pergola. Plus a gate on each side of the fence. Come see this charming home today!
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,586 | - |
| Lot Size | 5,175 | - |
| Price | $375.0K | $495.4K |
| Price per sq ft | $236 | $290 |
| Built year | 2018 | 0 |
| HOA | $72 | $0 |
| Days on market | 26 | 1260 |
Jun 26, 2026
$375,000
Initial Listing