4524 N 24TH Place, Phoenix, AZ 85016, Phoenix, 85016 - 3 bed, 1 bath
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Phoenix, AZ 85016
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $525,000—positioned well below the $541,329 Fair Market Value by 3%. This valuation gap offers $16,329 in Instant Equity for the buyer. Featuring a Remodeled Kitchen, Copper Piping, and a Private Patio, the home maintains a Condition Rating of 2. Located in the prestigious Camelback Corridor near top-rated schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4524 N 24TH Place Subject | $499,000* List Price | 3 | 1 | 975 | $492 | - |
A 2009 E CLARENDON Avenue Sold | $380,000 | 2 | 1 | 950 | $400 | 1.0 mi |
B 2439 E MINNEZONA Avenue Sold | $600,000 | 4 | 2 | 1,184 | $507 | 0.1 mi |
C 3717 N 20TH Street Sold | $445,000 List Price | 2 | 1 | 780 | 1.0 mi | |
D 2509 E COOLIDGE Street Pending | $629,900 List Price | 3 | 3 | 1,302 | $484 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1955 build date, the property has undergone a comprehensive recent renovation within the last 5 years. It features a fully remodeled kitchen with modern shaker cabinetry and stainless appliances, a spa-inspired bathroom, and critical system upgrades including copper piping and a new electrical panel. The interior is in mint condition with dual-pane windows and updated flooring throughout.
Situated in the highly sought-after Camelback Corridor just south of the Biltmore, this property offers exceptional proximity to luxury shopping, fine dining, and major Phoenix employment hubs.
The home features a meticulously remodeled kitchen with gas cooking, a spa-inspired bathroom, and critical infrastructure improvements including copper piping and an upgraded electrical panel.
Professional lush landscaping in both the front and back yards creates a private oasis, complementing the interior's rich hardwood floors and abundant natural light from skylights.
With only one bathroom serving three bedrooms, the layout may pose a challenge for families and could impact the property's long-term resale value compared to multi-bath homes.
At 975 square feet, the interior footprint is relatively small for a three-bedroom residence, potentially resulting in smaller bedroom sizes and limited storage capacity.
Biltmore entry point under $500K! Opportunities like this don't come twice.Warm and inviting Villa in the coveted Camelback Corridor.Tucked just south of the iconic Biltmore, this meticulously updated home blends timeless character with modern upgrades in one of Phoenix's most coveted neighborhoods. The remodeled kitchen features white shaker cabinetry, sleek countertops, stainless steel appliances, and gas cooking.Rich hardwood and tile flooring flow throughout, while skylights and dual-pane windows flood the home with natural light. The spa-inspired bathroom, copper piping, and upgraded electrical panel speak to the care put into every detail. Outside, lush professional landscaping creates a private oasis in both the front and back yards.Location is unbeatable...$499K Biltmore Today!
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades 5-8 • 1.2 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 975 | - |
| Lot Size | 6,730 | - |
| Price | $499.0K | $495.4K |
| Price per sq ft | $512 | $290 |
| Built year | 1955 | 0 |
| HOA | $0 | $0 |
| Days on market | 42 | 1260 |
Jul 9, 2026
$499,000
$525,000
-5% Price Drop
Initial Listing
Jun 13, 2026
$525,000
Initial Listing