
Phoenix, AZ 85008
This Modernized Arcadia Lite Residence is listed at $1,000,000—positioned well below the $1,005,601 Fair Market Value by 1%. This valuation gap offers $5,601 in Instant Equity. Boasting a Condition Rating of 2, the home features a chef-inspired kitchen and a seamless open-concept design. The nearly 10,000-square-foot lot includes a newer sparkling pool, providing a private retreat near Griffith Elementary and Camelback High. Supported by recent comparable sales, this property is an ideal match for Owner-Occupants or first-time buyers seeking a polished, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4622 E VIRGINIA Avenue Subject | $975,000* List Price | 4 | 3 | 2,402 | $406 | - |
A 4617 E CAMBRIDGE Avenue Sold | $1,100,000 | 4 | 3 | 2,867 | $384 | 0.0 mi |
B 4627 E WILSHIRE Drive Active | $1,125,000 List Price | 4 | 3 | 2,528 | $445 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1956, the property has undergone an extensive and high-quality renovation within the last 5 years, bringing it up to modern standards. The interior features a contemporary open-concept floor plan with a chef-inspired kitchen including white shaker cabinets, quartz countertops, and stainless steel appliances. The bathrooms are fully updated with modern subway and pebble tiling, and the home features consistent wood-look tile flooring, recessed lighting, and updated fixtures throughout. The exterior and pool area also show recent updates, indicating no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9984, living area = 2402.
Situated in the highly desirable Arcadia Lite neighborhood, this property offers a prestigious and central location with easy access to upscale dining, shopping, and major Phoenix hubs.
The home features a chef-inspired kitchen and a seamless open floor plan with contemporary finishes, providing a move-in-ready interior that meets modern aesthetic and functional standards.
The assigned public schools carry lower performance ratings (4/10 and 3/10), which may be a drawback for families prioritizing high-ranking educational institutions.
Despite the modern updates, the original 1956 construction may involve older underlying systems such as plumbing or electrical that require more maintenance than a newer build.
Motivated seller! Beautiful 4-bedroom, 3-bath home in the highly desirable Arcadia Lite area featuring an open floor plan filled with natural light and designed for easy entertaining. The spacious kitchen flows seamlessly into the living and dining areas, creating the perfect gathering space. Step outside to enjoy the newer sparkling pool and private backyard retreat ideal for relaxing or hosting guests. Property also includes a detached garage offering added storage, workspace, or parking flexibility. Located just minutes from some of the Valley's best restaurants, shopping, and entertainment, this home combines comfort, style, and an unbeatable location.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,402 | - |
| Lot Size | 9,984 | - |
| Price | $975.0K | $495.4K |
| Price per sq ft | $406 | $290 |
| Built year | 1956 | 0 |
| HOA | $0 | $0 |
| Days on market | 143 | 1260 |
May 1, 2026
$975,000
$990,000
-2% Price Drop
Initial Listing
Apr 20, 2026
$990,000
$1,000,000
-1% Price Drop
Initial Listing
Mar 2, 2026
$1,000,000
Initial Listing