
Phoenix, AZ 85040
This High-Potential Investment Opportunity is listed at a List Price of $345,000—positioned well below the $355,537 Fair Market Value by 2%. This valuation gap offers $10,537 in Instant Equity. Featuring a Condition Rating of 2, the home offers a modern, move-in-ready interior with updated bathrooms and stainless steel appliances. The oversized lot with RV gate access and mountain views provides significant utility. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, value-driven home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4437 S 8TH Place S Subject | $345,000* List Price | 3 | 2 | 1,167 | $305 | - |
A 4439 S 6TH Street Sold | $335,000 | 3 | 2 | 992 | $338 | 0.3 mi |
B 209 E JONES Avenue Sold | $345,000 | 3 | 2 | 1,424 | $242 | 0.7 mi |
C 4921 S 11TH Street Sold | $335,000 List Price | 3 | 2 | 1,124 | 0.3 mi | |
D 4921 S 11TH Street Sold | $389,000 List Price | 3 | 2 | 1,124 | 0.3 mi | |
E 1631 E JONES Avenue Sold | $360,000 | 3 | 2 | 1,235 | $291 | 1.0 mi |
F 1631 E JONES Avenue Sold | $360,000 | 3 | 2 | 1,235 | $291 | 1.0 mi |
G 4602 S 8TH Street Active Under Contract | $322,500 List Price | 3 | 2 | 1,204 | $268 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1946, the property has undergone a comprehensive, modern renovation within the last 5 years. The interior features brand-new tile flooring, a modern kitchen with stainless steel appliances, and fully updated bathrooms with contemporary finishes. The exterior and systems appear to be in mint condition, requiring no immediate maintenance.
The property features comprehensive updates including tile flooring throughout, a bright kitchen with stainless steel appliances, and bathrooms with modern tile finishes, offering a move-in-ready aesthetic.
The oversized lot provides significant value with an RV gate, double-gate backyard access, and mountain views, catering perfectly to buyers with recreational vehicles or a need for extra storage.
With an association fee of $0, this property offers greater financial flexibility and fewer restrictions for the homeowner compared to many neighboring communities.
Built in 1946, the home's age may present challenges with older underlying systems or structural elements that often require more maintenance than newer builds.
At 1,167 square feet for a 3-bedroom, 2-bathroom layout, the interior living space is relatively small, which may feel restrictive for larger families or those seeking spacious common areas.
Welcome home to this beautifully updated property minutes from South Mountain featuring tile flooring throughout and a warm, neutral color palette that complements any style. The spacious laundry room offers added convenience, while the updated bathrooms showcase stunning modern tile finishes. The bright kitchen features white cabinetry, stainless steel appliances, and ample counter space for meal prep and entertaining. Outside, you'll find an oversized backyard with endless possibilities, RV gate access, double gates for easy backyard entry, and plenty of parking. A perfect blend of style, functionality, and space both inside and out!
No exterior & parking available.
Grades K-8 • 0.3 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,167 | - |
| Lot Size | 6,425 | - |
| Price | $345.0K | $495.4K |
| Price per sq ft | $296 | $290 |
| Built year | 1946 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 1260 |
Jul 24, 2026
$345,000
Initial Listing