
Phoenix, AZ 85040
This Spacious Traditional Home is a Strong Value Opportunity, listed at $330,000—positioned well below the $335,306 Fair Market Value by 1.5%. This valuation gap offers $5,306 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring a new 2023 HVAC system and updated gas infrastructure. While local school ratings are modest, the flexible floor plan with a den and bonus room provides significant utility. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4636 S 20TH Street Subject | $325,000* List Price | 3 | 2 | 1,364 | $244 | - |
A 5020 S 20TH Place Sold | $335,000 | 3 | 2 | 1,269 | $264 | 0.2 mi |
B 2532 E JONES Avenue Sold | $325,000 | 3 | 2 | 1,166 | $279 | 0.9 mi |
C 1631 E JONES Avenue Sold | $360,000 | 3 | 2 | 1,235 | $291 | 0.6 mi |
D 1631 E JONES Avenue Sold | $360,000 | 3 | 2 | 1,235 | $291 | 0.6 mi |
E 1813 E GRENADINE Road Sold | $420,000 | 3 | 2 | 1,671 | $251 | 0.4 mi |
F 5024 S 20TH Street Sold | $325,000 | 3 | 2 | 1,668 | $195 | 0.2 mi |
G 2214 E FRAKTUR Road Sold | $403,000 | 3 | 3 | 1,532 | $263 | 0.6 mi |
H 1520 E BOWKER Street Sold | $400,000 | 4 | 2 | 1,831 | $218 | 0.7 mi |
I 5515 S 15TH Way Active | $374,900 List Price | 3 | 2 | 1,280 | $293 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1968, the property is well-maintained and move-in ready. It features a brand new HVAC system (2023), a new gas stove with a new gas line, and updated tile and laminate flooring throughout. The interior appears clean and functional, meeting the criteria for a well-maintained home with recent system updates.
The property features a brand-new AC system installed in 2023 and a new gas line for the stove, significantly reducing immediate capital expenditure and improving energy efficiency.
With 3 bedrooms plus a den and an additional bonus room, the floor plan offers exceptional flexibility for a home office, formal dining, or hobby space within its 1,364 square feet.
The combination of a competitive $330,000 price point and the absence of monthly HOA fees makes this an attractive and affordable option for first-time buyers or investors.
The assigned public schools carry low ratings (2/10 and 3/10), which may deter families prioritizing education and could impact future resale velocity.
Built in 1968, the home may require ongoing maintenance or updates to original systems, such as plumbing or electrical, that have not been explicitly modernized.
Beautiful home with 3br, den and 2 baths! Nice open tiled living room and good sized kitchen with new Gas stove! Large pantry with shelving, breakfast area in kitchen that leads into the formal dining room or office with a bonus room off the laundry room. New AC in '23 and new gas line installed for the gas stove/oven! Good sized back yard ready for your summer fun and plenty of room for a pool or more - design as you wish! Move fast this home won't last long as this great price!
No exterior & parking available.
Grades K-8 • 0.2 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,364 | - |
| Lot Size | 5,511 | - |
| Price | $325.0K | $495.4K |
| Price per sq ft | $238 | $290 |
| Built year | 1968 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 1260 |
Jul 22, 2026
$325,000
$330,000
-2% Price Drop
Initial Listing
Jul 15, 2026
$330,000
Initial Listing