
Phoenix, AZ 85050
This Prime Investment Opportunity is listed at a List Price of $740,000, positioned well below the $757,607 Fair Market Value by 2%. This valuation gap provides $17,607 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the home offers a functional layout with a sparkling pool and spa, perfect for the Arizona climate. Located in the sought-after Tatum Highlands near top-rated Paradise Valley schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4374 E LARIAT Lane Subject | $740,000* List Price | 4 | 2 | 2,250 | $337 | - |
A 25819 N 43RD Place N Sold | $849,000 | 4 | 2 | 2,151 | $395 | 0.2 mi |
B 26214 N 43RD Place Sold | $759,000 | 3 | 2 | 2,151 | $353 | 0.2 mi |
C 4410 E LARIAT Lane Sold | $699,900 List Price | 4 | 2 | 2,250 | 0.1 mi | |
D 26269 N 45TH Place Sold | $675,000 List Price | 4 | 3 | 2,131 | 0.3 mi | |
E 4560 E Paso Trail Sold | $955,000 | 3 | 2 | 2,494 | $383 | 0.3 mi |
F 26418 N 43RD Place Sold | $599,900 List Price | 3 | 3 | 1,939 | 0.1 mi | |
G 4620 E PASO Trail Pending | $680,000 List Price | 4 | 3 | 2,466 | $276 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (28 years old), the property falls into the 'Fair' category based on age. While the listing notes a newer roof and remodeled showers, the kitchen cabinetry and overall aesthetic are dated and original to the mid-90s, suggesting a need for cosmetic updates to meet modern standards.
The backyard is a standout feature, boasting a sparkling pool, spa, low-maintenance turf, and mature landscaping, perfectly suited for the Arizona lifestyle.
The property features a newer roof, remodeled showers, and consistent hard-surface flooring throughout, significantly reducing immediate move-in costs and maintenance concerns.
Situated in the sought-after Tatum Highlands near Desert Ridge, the home offers proximity to premier shopping, dining, and top-rated Paradise Valley schools.
With four bedrooms but only two bathrooms, the home may experience functional congestion for larger families compared to modern floor plans that typically offer 2.5 or 3 baths.
Built in 1996, some original mechanical systems or architectural elements may lack the energy efficiency and contemporary aesthetic found in more recent area developments.
Immaculate pride of ownership home with newer roof. All easy care hard surface flooring, spacious bedrooms and remodeled showers. Great eat-in kitchen with Stainless Steel appliances, large island and lots of cabinetry. Open airy floor plan with great Family Room with cozy gas fireplace. Beautiful entertainer's backyard featuring sparkling pool and spa, turf, flowering shrubs and trees. Ample parking in the 3 Car garage. Home includes washer, dryer and refrigerator. Close to Shopping, excellent PV schools and Desert Ridge. Don't miss this one!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 56% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 2,250 | 1,938 | 68% |
| Lot Size | 7,454 | 6,159 | 70% |
| Price | $740.0K | $505.0K | 79% |
| Price per sq ft | $329 | $299 | 59% |
| Built year | 1996 | 1998 | 42% |
| HOA | $142 | $142 | 50% |
| Days on market | 9 | 1481 | 0% |
May 28, 2026
$740,000
Initial Listing