
Phoenix, AZ 85040
This Modern New Construction Residence is a Prime Investment Opportunity, listed at $399,999—positioned well below the $416,797 Fair Market Value by 4%. This valuation gap offers $16,798 in Instant Equity for a 2023-built home with an Excellent Condition Rating. Featuring granite or quartz countertops, luxury vinyl plank flooring, and a pre-wired EV charging station, this turnkey property includes all appliances and seller concessions. Located minutes from South Mountain and premier golf courses, it is ideal for Owner-Occupants or first-time buyers seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4615 S 23RD Way Subject | $399,999* List Price | 3 | 2 | 1,628 | $256 | - |
A 2843 E WAYLAND Drive Sold | $465,000 | 3 | 2 | 1,744 | $267 | 0.9 mi |
B 5637 S 29TH Place Sold | $449,900 List Price | 4 | 2 | 1,744 | 0.9 mi | |
C 1747 E GROVE Street Sold | $449,900 | 3 | 2 | 1,671 | $269 | 0.9 mi |
D 1747 E GROVE Street Sold | $449,900 | 3 | 2 | 1,671 | $269 | 0.9 mi |
E 1747 E GROVE Street Sold | $449,900 | 3 | 2 | 1,671 | $269 | 0.9 mi |
F 2842 E FRAKTUR Road Sold | $449,900 List Price | 3 | 3 | 1,774 | 0.9 mi | |
G 2842 E FRAKTUR Road Pending | $445,000 List Price | 3 | 3 | 1,774 | $251 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a new construction built in 2023, placing it well within the 5-year window for an excellent rating. It features modern, high-quality finishes including granite or quartz countertops, luxury vinyl plank flooring, and brand-new appliances. The home includes contemporary upgrades like EV charging wiring and a soft water loop, with all components being new and showing no signs of wear or deferred maintenance.
Built in 2023, this home is fully equipped with modern upgrades including quartz or granite countertops, luxury vinyl plank flooring, a pre-wired EV charging station, and all appliances included.
The seller is offering concessions toward the buyer's closing costs with a list price offer, providing significant financial relief and lowering the barrier to entry for many buyers.
The property is ideally situated minutes from South Mountain and multiple golf courses, offering a perfect balance of outdoor lifestyle and proximity to city entertainment.
The interior photos provided are of a model home rather than the specific unit for sale, which may lead to variations in actual finishes and layout expectations.
With a lot size of approximately 5,167 square feet, the outdoor space is relatively limited, which may be a drawback for buyers seeking a large private yard or extensive landscaping.
SELLER WILLING TO PAY CONCESSIONS TOWARDS BUYER'S CLOSINGS COSTS WITH LIST PRICE OFFER. Refrigerator, washer and dryer included! Experience much of the entertainment of the city while being minutes from South Mountain and multiple golf courses. Granite or quartz for countertops and luxury vinyl plank flooring and carpet throughout the homes. All appliances included and the garage is wired for electric vehicle charging and has a pre-plumbed soft water loop. Top it off with a dog door for your furry friend! Minimal effort will be required to enjoy these homes. Come see what this community has to offer! Interior photos are of model.
No exterior & parking available.
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 | 1,628 | 1,454 | 64% |
| Lot Size | 5,167 | 6,003 | 38% |
| Price | $400.0K | $328.8K | 81% |
| Price per sq ft | $246 | $222 | 65% |
| Built year | 2023 | 2003 | 96% |
| HOA | $141 | $0 | 86% |
| Days on market | 17 | 977 | 1% |
Apr 8, 2026
$399,999
Initial Listing