4646 N 111TH Lane, Phoenix, AZ 85037, Phoenix, 85037 - 5 bed, 3 bath
Loading property details...
Phoenix, AZ 85037
This Spacious Multi-Generational Residence is a Strong Value Opportunity, listed at $460,000—positioned well below the $489,887 Fair Market Value by 6%. This valuation gap provides $29,887 in Instant Equity for the buyer. Boasting a Good Condition Rating, the 3,025 sqft interior features a granite kitchen, a dedicated movie room, and a new Trane A/C (2020). Situated on a premium corner lot with an RV gate and private patio, the home offers significant utility near Copper King Elementary. This is an ideal acquisition for Owner-Occupants seeking scale or Buy-and-Hold Investors targeting a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4646 N 111TH Lane Subject | $460,000* List Price | 5 | 3 | 3,025 | $162 | - |
A 4541 N 112TH Drive Sold | $475,000 List Price | 5 | 3 | 3,307 | 0.1 mi | |
B 4626 N 111TH Lane Sold | $440,000 List Price | 4 | 3 | 3,117 | 0.1 mi | |
C 10829 W MINNEZONA Avenue Sold | $419,990 | 5 | 3 | 2,221 | $189 | 0.3 mi |
D 4707 N 112TH Glen Sold | $375,000 | 4 | 3 | 2,221 | $169 | 0.1 mi |
E 11113 W MINNEZONA Avenue Sold | $371,000 | 4 | 3 | 2,509 | $148 | 0.2 mi |
F 10909 W MINNEZONA Avenue Sold | $394,999 | 4 | 3 | 2,178 | $181 | 0.3 mi |
G 4629 N 111TH Lane Active | $500,000 List Price | 5 | 2 | 3,307 | $151 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and fits the 'good' criteria as it was built in 2006 (18 years ago). It features significant recent maintenance and updates, including a new Trane A/C unit and exterior paint from 2020. The interior shows well-maintained wood-look flooring, neutral paint, and a kitchen with desirable 42-inch cabinets and granite countertops. While not a full recent renovation, the major systems are within their expected lifespan and the home shows minimal wear and tear.
With over 3,000 sqft, five bedrooms, a loft, and a dedicated movie room, this home offers an ideal layout for large families, including a convenient ground-floor bedroom and full bath.
The property features a high-quality Trane A/C unit installed in 2020 and fresh exterior paint from the same year, significantly reducing near-term capital expenditure for the buyer.
Situated on a generous corner lot, the home includes a desirable RV gate and a low-maintenance backyard, providing excellent utility for vehicle storage and outdoor living.
The local elementary and high schools are currently rated a 4 out of 10, which may be a drawback for families specifically seeking top-performing educational districts.
The garage mini-split system is conveyed in as-is condition, implying potential maintenance needs or limited functionality that the buyer must assume upon purchase.
This beautiful residence in Camelback Ranch is situated on a spacious corner lot and includes a RV gate. You'll absolutely adore the expansive, low-maintenance backyard! Upon entering, you'll be greeted by dramatic, soaring vaulted ceilings and large oversized windows. The generous formal living and dining rooms create a welcoming atmosphere, complemented by a staircase that leads to the second floor. The open-concept kitchen is truly a highlight, showcasing: A substantial island elegant granite countertops, ample cabinetry with 42'' upper cabinets, a pantry, a cozy breakfast nook that seamlessly connects to the main living area. An additional dining area provides the perfect setting for hosting. Spacious living quarters! With five bedrooms, three bathrooms, plus a movie room and loft, this 3,026 sqft home has room for everyone. One bedroom and a full bath are conveniently located on the ground floor. The primary bedroom features a private balcony, while the two-car garage includes a 2-foot extension. Each room is equipped with ceiling fans, and there's even storage under the stairs, often referred to as the "Harry Potter" closet. Additional Features This home is equipped with: A new TRANE A/C unit (2020) Sunshades A mini-split system in the garage (conveys as-is) Exterior painted in 2020 Nest thermostats Located in a fantastic area of Camelback Ranch, you'll enjoy easy access to shopping, nightlife, and freeway connections.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 90% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 3,025 | 1,788.5 | 97% |
| Lot Size | 8,483 | 6,161 | 91% |
| Price | $460.0K | $355.0K | 89% |
| Price per sq ft | $152 | $197 | 33% |
| Built year | 2006 | 1998 | 72% |
| HOA | $71 | $48 | 66% |
| Days on market | 10 | 341 | 0% |
Apr 15, 2026
$460,000
Initial Listing