
Phoenix, AZ 85031
This Updated Functional Townhome is listed at $200,000, representing a stable entry point into the Phoenix market relative to its $142,401 Fair Market Value. Holding a Condition Rating of 4, the residence features high-value capital improvements including energy-efficient windows (2021), a new water heater (2023), and a modern French door (2025). With a private fenced patio and HOA-covered exterior maintenance, the property offers a low-maintenance lifestyle near Justine Spitalny School. This move-in-ready asset is a strategic choice for first-time buyers or Buy-and-Hold Investors seeking a turnkey rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4625 W Thomas Road 39 Subject | $199,000* List Price | 3 | 2 | 1,159 | $129 | - |
A 4625 W THOMAS Road 11 Sold | $140,000 | 3 | 2 | 1,159 | $121 | 0.0 mi |
B 4625 W THOMAS Road 90 Sold | $173,000 | 3 | 2 | 1,159 | $149 | 0.1 mi |
C 3840 N 43RD Avenue 50 Sold | $190,000 | 3 | 2 | 1,243 | $153 | 0.9 mi |
D 4625 W THOMAS Road 131 Sold | $160,000 List Price | 2 | 1 | 891 | 0.2 mi | |
E 4625 W THOMAS Road 43 Active | $216,597 List Price | 3 | 2 | 1,159 | $187 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1971 build that has been well-maintained with several key functional updates, including windows (2021), a water heater (2023), and a new French door (2025). While the home is move-in ready, the interior finishes are dated, featuring popcorn ceilings, basic cabinetry in the bathrooms, and older light fixtures. The mix of tile and laminate flooring is functional, but the overall aesthetic reflects a property that has had occasional updates rather than a comprehensive modern renovation.
The property features significant high-value updates, including energy-efficient windows (2021), a new water heater (2023), and a modern French door (2025), reducing immediate maintenance costs for the buyer.
With the HOA covering exterior maintenance and the main level featuring durable tile flooring, this townhome offers a simplified lifestyle ideal for busy professionals or investors.
Priced competitively at $200,000 for a three-bedroom layout, this home represents a rare entry-level opportunity in the Phoenix market with major mechanical items already addressed.
The community is not FHA approved, which significantly limits financing options and excludes buyers who require low-down-payment government-backed loans.
Despite recent updates to windows and doors, the 1971 construction and mix of carpeted stairs and laminate flooring may require additional cosmetic modernization to appeal to contemporary tastes.
Now offered at $199,000! This 3 bedroom townhome offers an affordable opportunity with recent updates and low maintenance living. The functional two story layout features tile flooring on the main level, a convenient laundry room, and a half bath. Upstairs offers three bedrooms and a full bath with laminate flooring and carpeted stairs. A newer French door (2025) opens to a private block fenced patio, creating a comfortable outdoor space for morning coffee, relaxing, or dining outdoors. Additional updates include windows in the bedrooms, living room, and kitchen (2021) and a water heater replaced in 2023. The direct access 2 car carport includes one covered and one uncovered space, while the HOA covers exterior maintenance for added convenience. Conveniently located near shopping, schools, restaurants, and freeway access, this property offers an affordable opportunity with important updates already in place. Community is not FHA approved.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,159 | - |
| Lot Size | 1,529 | - |
| Price | $199.0K | $341.8K |
| Price per sq ft | $172 | $259 |
| Built year | 1971 | 0 |
| HOA | $214 | $0 |
| Days on market | 156 | 1211 |
Jun 11, 2026
$199,000
$200,000
+0% Price Increase
Initial Listing
Feb 17, 2026
$200,000
Initial Listing