
Phoenix, AZ 85035
This Value-Add Residential Asset is listed at $280,000, providing a stable acquisition at its $280,000 Fair Market Value. Currently holding a Fair Condition Rating, the interior features low-maintenance tile flooring, though the kitchen and bathrooms await modern updates to maximize value. The property sits on a 6,303 sqft lot with a covered patio and no HOA, served by Justine Spitalny School and Maryvale High School. Located minutes from the I-10 and Loop 202, this is a strategic entry-level opportunity for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4512 W VIRGINIA Avenue Subject | $280,000* List Price | 3 | 2 | 1,118 | $250 | - |
A 5220 W WINDSOR Avenue Sold | $327,000 | 3 | 2 | 1,202 | $272 | 0.9 mi |
B 2108 N 48TH Lane Sold | $324,000 | 3 | 2 | 1,284 | $252 | 0.7 mi |
C 2030 N 47TH Avenue Sold | $299,000 List Price | 3 | 2 | 1,134 | 0.5 mi | |
D 2323 N 49TH Drive Sold | $330,000 List Price | 3 | 2 | 1,350 | 0.6 mi | |
E 2116 N 49TH Avenue Active | $335,000 List Price | 3 | 2 | 1,248 | $268 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this property is in fair condition, showing signs of age and deferred maintenance. While it features updated tile flooring throughout, the kitchen and bathrooms are dated with original or older cabinetry that shows significant wear. There is visible damage or staining on the popcorn ceiling in the kitchen area, and the overall interior fixtures and appliances are outdated, requiring minor repairs and modernization to meet current market standards.
The property offers exceptional accessibility to major transit arteries including the I-10, I-17, and Loop 202, making it an ideal hub for valley-wide commuting.
Featuring durable tile flooring throughout the entire home, the interior is perfectly suited for the Phoenix climate and offers easy upkeep for first-time buyers.
The large 6,303 sqft lot includes a covered patio and a massive backyard, providing significant potential for outdoor entertaining, gardening, or future expansions.
With only 1,118 square feet distributed across three bedrooms and two bathrooms, the living spaces and bedrooms may feel somewhat confined.
The assigned public schools have performance ratings ranging from 3 to 4, which could be a drawback for families prioritizing high-ranking educational districts.
Absolutely adorable home we know you're going to love. Tile flooring throughout. Large living room and good sized bedrooms. Your kitchen has eat-in area and plenty of cabinet storage space. Huge backyard with covered patio. Only minutes from the I-10, I-17, and 202. You'll also be close to parks, schools, restaurants, and shopping. Great as a starter home if you're a first time buyer. Come take a look. You won't be disappointed.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,118 | 1,525.5 | 13% |
| Lot Size | 6,303 | 6,303 | 50% |
| Price | $280.0K | $313.3K | 38% |
| Price per sq ft | $250 | $191 | 82% |
| Built year | 1976 | 1975 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 95 | 1060 | 4% |
Jan 21, 2026
$280,000
Initial Listing