
Phoenix, AZ 85031
This Value-Add Residential Asset is listed at $350,000, offering a stable entry point into the Phoenix market relative to its $328,859 Fair Market Value. Boasting a Fair Condition Rating, the property features a spacious 4-bedroom layout and a modern kitchen island, providing significant potential for forced appreciation through cosmetic modernization. The 7,519 sqft lot with a covered patio and no HOA restrictions maximizes utility and freedom near Grand Canyon University. This is a high-utility opportunity perfectly suited for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4832 W EARLL Drive Subject | $350,000* List Price | 4 | 2 | 1,861 | $177 | - |
A 3225 N 44TH Lane Sold | $330,000 | 4 | 2 | 2,048 | $161 | 0.5 mi |
B 4956 W CHEERY LYNN Road Sold | $358,000 List Price | 4 | 2 | 2,048 | 0.2 mi | |
C 3614 N 48TH Avenue Sold | $285,000 | 4 | 2 | 2,049 | $139 | 0.5 mi |
D 4943 W FLOWER Street Sold | $329,000 | 4 | 2 | 1,636 | $201 | 0.2 mi |
E 2907 N 53RD Avenue Sold | $335,000 | 3 | 2 | 1,680 | $199 | 0.6 mi |
F 4460 W AVALON Drive Sold | $350,000 | 4 | 2 | 1,721 | $203 | 0.5 mi |
G 3008 N 45TH Drive Active | $372,000 List Price | 4 | 2 | 1,699 | $219 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this property is in fair condition, showing a mix of partial updates and aged components. While the kitchen features newer granite countertops and stainless steel appliances, the cabinets appear to be older painted units with a missing door/drawer front. The tile flooring, arched doorways, and wooden staircase are dated, and the exterior shows signs of age consistent with a home that has been maintained but not fully modernized. It is move-in ready but requires cosmetic updates and minor repairs to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7519, living area = 1861.
Featuring 4 bedrooms and over 1,800 sqft, the functional open floor plan with a kitchen island provides a modern living experience rarely found in homes of this era.
The absence of an HOA offers homeowners freedom from monthly fees and restrictive rules, complemented by a large backyard and covered patio ideal for outdoor customization.
Built in 1958, the property may require updates to major systems or structural components to meet modern efficiency standards and building codes.
Given the age and price point, the home likely requires some aesthetic modernization to compete with fully renovated properties in the surrounding Phoenix market.
Single story 4 bedroom, 2 bathroom house with a functional open floor plan. The kitchen with island opens to the main living area, creating a great space for everyday living and entertaining. Features include inside laundry, ample storage, and a comfortable layout. Enjoy outdoor living with a covered patio and large backyard with plenty of room to relax, or create your own outdoor retreat. No HOA. Conveniently located near parks, Grand Canyon University, medical facilities, shopping, dining, and easy freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,861 | 1,444 | 81% |
| Lot Size | 7,519 | 7,244 | 56% |
| Price | $350.0K | $283.7K | 86% |
| Price per sq ft | $188 | $156 | 55% |
| Built year | 1958 | 1957 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 1374 | 1% |
Mar 12, 2026
$350,000
Initial Listing