
Phoenix, AZ 85040
This Strong Value Opportunity is listed at $315,000, positioned well below the $334,541 Fair Market Value by 5%. This valuation gap provides $19,541 in Instant Equity. Featuring a Mint Condition Rating, the home includes a modern kitchen, new LVP flooring, and updated major systems. The versatile Arizona room adds functional square footage, while the No HOA status enhances long-term flexibility. This turnkey property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home near Tempe.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4641 E Roeser Road Subject | $315,000* List Price | 2 | 2 | 1,122 | $298 | - |
A 5237 S 46TH Street Sold | $359,900 | 3 | 2 | 1,128 | $319 | 0.1 mi |
B 5415 S 44TH Place Sold | $350,000 | 4 | 2 | 1,288 | $272 | 0.3 mi |
C 5408 S 46TH Place Active | $369,900 List Price | 3 | 2 | 1,128 | $328 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1970, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with white shaker cabinets, stainless steel appliances, and new LVP flooring throughout. Major systems including the roof, HVAC, and tankless water heater are also recently updated, placing it in mint, move-in ready condition with no immediate maintenance required.
The home features a newer roof, A/C unit, and tankless water heater, providing significant value and peace of mind regarding long-term maintenance costs.
With no homeowner association, residents enjoy greater freedom and lower monthly carrying costs, a rare find in well-maintained patio home communities.
The property includes a versatile Arizona room with its own mini-split unit, offering extra square footage not included in the official count for an office or gym.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6260, other record lot size in square feet = 6660.
Built in 1970, the property may have underlying original infrastructure components that could require attention despite the recent cosmetic and system updates.
The assigned local schools have lower-than-average ratings, which may impact long-term resale value for families prioritizing educational performance.
Opportunity meets value in this move in ready 2 bed, 2 bath home with no HOA. Thoughtfully updated with new flooring, fresh interior/exterior paint, newer roof, A/C, and a newer tankless water heater, this home offers peace of mind and modern comfort. The spacious layout features large bedrooms, ceiling fans, and an Arizona room that provides additional flexible living space with a mini split unit. The Arizona room is not included in the square footage, providing even more usable space for a home office, workout area, or entertaining. Washer, dryer, and refrigerator are all included, making this truly turnkey. A baseball throw from Tempe Diablo Stadium makes this place a HOME RUN! Close to freeways, local dining, and much more!
No exterior & parking available.
Grades K-5 • 2.3 mi
Grades PK-5 • 2.6 mi
Grades 6-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,122 | - |
| Lot Size | 6,260 | - |
| Price | $315.0K | $495.4K |
| Price per sq ft | $281 | $290 |
| Built year | 1970 | 0 |
| HOA | $0 | $0 |
| Days on market | 30 | 1260 |
Jun 23, 2026
$315,000
Initial Listing