
Phoenix, AZ 85042
This Renovated 5-Bedroom Residence represents a High-Potential Investment Opportunity with a List Price of $399,900—positioned well below the $549,997 Fair Market Value by 27%. This valuation gap provides $150,097 in Instant Equity. The property maintains a Good Condition Rating following significant interior updates, including a Modernized Kitchen and Mountain Views. With No HOA Fees and proximity to Nevitt Elementary and Tempe High School, it offers rare utility and forced appreciation potential. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4325 E VINEYARD Road Subject | $380,000* List Price | 5 | 3 | 1,548 | $253 | - |
A 6201 S 47th Street Sold | $365,000 | 4 | 2 | 1,632 | $224 | 0.5 mi |
B 3910 E CARSON Road Sold | $470,000 | 3 | 2 | 1,766 | $266 | 0.6 mi |
C 7039 S 41ST Place Sold | $325,000 | 3 | 2 | 1,580 | $206 | 0.4 mi |
D 4544 E NANCY Lane Sold | $371,000 | 4 | 2 | 1,916 | $194 | 0.4 mi |
E 7039 S 41ST Place Sold | $325,000 | 3 | 2 | 1,537 | $211 | 0.4 mi |
F 6402 S 44TH Street Active | $370,000 List Price | 5 | 2 | 1,616 | $229 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1973, the property is move-in ready and has undergone significant interior renovations. The kitchen is modernized with dark wood cabinetry, granite countertops, and stainless steel appliances. The bathrooms have been updated with contemporary tile surrounds and newer vanities. Throughout the main living areas, there is updated wood-look tile flooring. The property appears well-maintained with systems and finishes that fall within the 5 to 15-year renovation window, meeting the criteria for a 'good' condition score.
Featuring 5 bedrooms and 3 bathrooms, this property offers significant utility for large families or multi-generational living, which is rare for a home of this size and price point.
The property includes desirable mountain views, providing an elevated aesthetic experience and increasing the home's overall market appeal.
With no association fees, homeowners benefit from lower monthly carrying costs and greater freedom regarding property usage and modifications.
Distributing 5 bedrooms across only 1,548 square feet results in smaller individual room dimensions, which may feel cramped for some buyers.
Built in 1973, the property may require significant capital investment for modernizing systems and cosmetic finishes to meet current buyer expectations.
Exceptional opportunity in Phoenix. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 2.9 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,548 | 1,869 | 26% |
| Lot Size | 6,494 | 7,465.5 | 31% |
| Price | $380.0K | $412.5K | 44% |
| Price per sq ft | $245 | $227 | 59% |
| Built year | 1973 | 2001 | 15% |
| HOA | $0 | $98 | 34% |
| Days on market | 37 | 1331 | 0% |
Apr 20, 2026
$380,000
$399,900
-5% Price Drop
Initial Listing
Mar 16, 2026
$399,900
Initial Listing