4242 E HANO Street, Phoenix, AZ 85044, Phoenix, 85044 - 2 bed, 2 bath
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Phoenix, AZ 85044
This property presents a High-Potential Investment Opportunity with a List Price of $379,900—positioned well below the $391,092 Fair Market Value by 2%. This valuation gap offers $11,192 in Instant Equity. Featuring a Fair Condition Rating, the home offers a Flexible Floor Plan with Scenic Mountain Views and a Large Lot. While the 55+ restriction limits the buyer pool, the property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a desirable Ahwatukee location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4242 E HANO Street Subject | $374,900* List Price | 2 | 2 | 1,381 | $258 | - |
A 4116 E KIOWA Street Sold | $390,000 List Price | 3 | 2 | 1,182 | 0.2 mi | |
B 4315 E KIOWA Street Sold | $410,000 | 2 | 2 | 1,866 | $220 | 0.1 mi |
C 4353 E WALATOWA Street Sold | $405,000 | 2 | 2 | 1,716 | $236 | 0.3 mi |
D 4301 E SACATON Street Sold | $399,900 | 2 | 2 | 1,716 | $233 | 0.1 mi |
E 4827 E LA PUENTE Avenue Sold | $405,000 | 3 | 2 | 1,394 | $291 | 0.9 mi |
F 11838 S WINNEBAGO Street Sold | $425,000 | 3 | 2 | 1,638 | $259 | 0.5 mi |
G 11821 S Tonopah Drive Sold | $312,000 | 2 | 2 | 1,256 | $248 | 0.8 mi |
H 11409 S TOMAH Street Sold | $442,500 | 3 | 2 | 1,864 | $237 | 0.1 mi |
I 12285 S SHOSHONI Drive S Active | $350,000 List Price | 2 | 2 | 1,429 | $245 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this 45-year-old home is well-maintained but significantly dated. Interior photos show original-style dark wood vanities, popcorn ceilings, and older carpeting/fixtures. While functional and move-in ready for a 55+ buyer, the kitchen and bathrooms require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7148, living area = 1381.
The property features desirable mountain views, providing a serene backdrop that enhances the overall aesthetic appeal and market value.
The 1,381 sqft layout includes the versatile option to add a third bedroom, allowing homeowners to customize the space to fit their specific needs.
Located in a 55+ community, the property has a restricted pool of potential buyers, which can limit resale velocity compared to non-restricted neighborhoods.
Built in 1979, the home may require updates to its original systems or cosmetic finishes to meet the expectations of modern buyers looking for contemporary amenities.
Welcome to Phoenix retirement living at its best in the heart of Ahwatukee! In this 55+ community this well-maintained home offers comfort, functionality, and great curb appeal and low maintenance for easy lock and leave ability. Brand new HVAC unit installed 5/2026! Amazing amenities - The community recreation center takes retirement to the next level with a full gym, woodworking shop, travel club, live concerts and theatrical performances, and two pools with a spa. 2 bed, 2 bath with options of adding a 3rd bedroom if desired. Featuring spacious living areas and a backyard ready for relaxing, this property is perfect for homeowners or investors alike. Conveniently located near shopping, dining, parks, and freeway access, this home combines everyday convenience with neighborhood charm.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 1.6 mi
Grades PK-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,381 | - |
| Lot Size | 7,148 | - |
| Price | $374.9K | $495.4K |
| Price per sq ft | $271 | $290 |
| Built year | 1979 | 0 |
| HOA | $205 | $0 |
| Days on market | 70 | 1260 |
Jul 15, 2026
$374,900
$375,000
+0% Price Increase
Initial Listing
Jun 14, 2026
$375,000
$379,900
-1% Price Drop
Initial Listing
May 13, 2026
$379,900
Initial Listing