4501 W CRITTENDEN Lane, Phoenix, AZ 85031, Phoenix, 85031 - 3 bed, 1 bath
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Phoenix, AZ 85031
This Mid-Century Value-Add Cottage represents a Prime Investment Opportunity, listed at $269,000—positioned below the $278,338 Fair Market Value by 3%. This valuation gap offers $9,338 in Instant Equity. While maintaining a Condition Rating of 4, the home features a new AC unit, new gas range, and authentic 1950s details like an oculus window and vintage tile. Located near Glenn L. Downs Elementary with a private patio, this property offers significant upside through cosmetic modernization. It is an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4501 W CRITTENDEN Lane Subject | $269,000* List Price | 3 | 1 | 962 | $289 | - |
A 4634 W WELDON Avenue Sold | $335,000 | 3 | 2 | 988 | $339 | 0.2 mi |
B 4306 N 50th Avenue Sold | $282,490 | 3 | 2 | 1,189 | $238 | 0.9 mi |
C 4345 N 47TH Drive Sold | $311,800 | 3 | 2 | 1,117 | $279 | 0.8 mi |
D 4146 N 48TH Drive Sold | $240,000 | 3 | 2 | 1,140 | $211 | 0.7 mi |
E 4634 W WELDON Avenue Active | $265,000 List Price | 3 | 2 | 988 | $268 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1955 home is well-maintained but largely in its original state, featuring vintage kitchen and bathroom tiling. While it has received some essential updates including a new AC unit, a new gas range, and ceramic tile flooring throughout, the property is described as a 'diamond in the rough' and requires cosmetic modernization to meet current market standards.
The property features rare original 1950s details, including vintage kitchen and bathroom tile, an oculus window, and built-in bookshelves, offering unique charm for niche buyers.
Essential modern comforts have been addressed with the installation of a brand-new AC unit and a new gas range, reducing immediate capital expenditures for the buyer.
Positioned as a 'diamond in the rough' at a competitive price point, this home presents a significant opportunity for investors or DIY homeowners to build equity through renovation.
With only 962 square feet distributed across three bedrooms, the individual room sizes are likely small, and the single-bathroom layout may be insufficient for modern family needs.
The description indicates the home requires polishing and updates, suggesting that a buyer will need to budget for additional repairs and cosmetic modernization beyond the purchase price.
Step back in time with this 962 square foot mid century cottage. This 3 bed, 1 bath home is packed with authentic character, from the original kitchen tile & wall mounted faucet, the vintage tile work in the bathroom to the oculus window and built in bookshelf in the living room. Recent upgrades provide modern comfort, featuring a brand new AC unit and a new gas range. Full of potential, this is the perfect opportunity for a visionary buyer to polish a diamond in the rough!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 962 | 1,416.5 | 4% |
| Lot Size | 6,493 | 7,172 | 28% |
| Price | $269.0K | $275.7K | 50% |
| Price per sq ft | $280 | $156 | 94% |
| Built year | 1955 | 1957 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 1374 | 1% |
Apr 12, 2026
$269,000
Initial Listing