4305 E EQUESTRIAN Trail, Phoenix, AZ 85044, Phoenix, 85044 - 4 bed, 2 bath
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Phoenix, AZ 85044
This Handyman Special represents a High-Potential Investment Opportunity with a List Price of $479,900—positioned well below the $637,680 Fair Market Value by 24%. This significant valuation gap provides $157,780 in Instant Equity for buyers prepared to complete the ongoing renovations. While currently in a Mid-Renovation Condition, the property features a two-year-old roof, a private pool, and a large lot. Located just three blocks from Kyrene de las Lomas, this asset offers substantial ROI through forced appreciation. It is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4305 E EQUESTRIAN Trail Subject | $479,900* List Price | 4 | 2 | 1,748 | $365 | - |
A 11409 S TOMAH Street Sold | $442,500 | 3 | 2 | 1,864 | $237 | 0.3 mi |
B 11409 S TOMAH Street Sold | $442,500 | 3 | 2 | 1,897 | $233 | 0.3 mi |
C 11838 S WINNEBAGO Street Sold | $425,000 | 3 | 2 | 1,638 | $259 | 0.5 mi |
D 4301 E SACATON Street Sold | $399,900 | 2 | 2 | 1,716 | $233 | 0.4 mi |
E 12221 S BANNOCK Street Sold | $515,000 | 3 | 2 | 1,948 | $264 | 0.2 mi |
F 4353 E WALATOWA Street Sold | $405,000 | 2 | 2 | 1,716 | $236 | 0.6 mi |
G 4131 E Ahwatukee Drive Active Under Contract | $459,950 List Price | 4 | 2 | 1,514 | $304 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly listed as a 'handyman special' and is currently in a mid-renovation state. It lacks finished flooring in several areas, making it ineligible for FHA or VA financing. The kitchen features outdated cabinetry and appliances, while the bathrooms are either unfinished or show significant wear and staining, requiring substantial rehabilitation to reach a habitable and modern standard.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7610, living area = 1748.
The property features a roof that is only two years old, significantly reducing immediate capital expenditure requirements for a major structural component.
As a 'Handyman Special' with a partially completed master suite remodel and the option to expand into a fourth bedroom, there is significant opportunity to build instant equity.
The current lack of flooring makes the property ineligible for FHA or VA financing, restricting the potential buyer pool to cash or conventional investors.
The home is in a mid-renovation state with removed carpeting and an incomplete master bath, requiring immediate investment and labor to reach a habitable standard.
Handyman Special. 4 bedrooms with pool and large backyard in family area. Roof 2 years old. Remodel started in master with jetted tub and large shower. Master can also be expanded into 3rd bedroom to create huge suite. Carpet has been removed. Right now suggesting cash or conventional. Flooring would have to be added to qualify for FHA or VA. Wood burning fireplace in family room. 3 blocks from Kyrene de las Lomas
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades PK-5 • 1.4 mi
Grades PK-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,748 | 1,782 | 48% |
| Lot Size | 7,610 | 7,349 | 58% |
| Price | $479.9K | $430.0K | 62% |
| Price per sq ft | $275 | $255 | 61% |
| Built year | 1979 | 1986 | 25% |
| HOA | $274 | $165 | 91% |
| Days on market | 28 | 1350 | 0% |
Mar 25, 2026
$479,900
Initial Listing