4845 E FAIRMOUNT Avenue, Phoenix, AZ 85018, Phoenix, 85018 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85018
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $980,000—positioned well below the $1,054,870 Fair Market Value by 7%. This valuation gap offers $74,870 in Instant Equity for the buyer. Featuring a Mint Condition Rating following a comprehensive 2023-2024 renovation, the home includes a modern kitchen with Bosch appliances and unobstructed Camelback Mountain views. Located in the walkable Lower Arcadia corridor, this property is an ideal sanctuary for discerning professionals or owner-occupants seeking a polished, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4845 E FAIRMOUNT Avenue Subject | $930,000* List Price | 3 | 2 | 1,613 | $515 | - |
A 4414 E Montecito Avenue Sold | $773,000 | 4 | 2 | 1,735 | $446 | 0.8 mi |
B 4813 E FAIRMOUNT Avenue Active Under Contract | $985,000 List Price | 4 | 3 | 1,378 | $715 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive 2023-2024 renovation, including new electrical, plumbing, and mechanical systems (tankless water heater). The interior features a modern kitchen with Bosch appliances and quartz countertops, new flooring, and updated bathrooms, placing it in mint condition with no maintenance required.
Situated in one of the Valley's most walkable and sought-after lifestyle corridors, this property offers immediate access to premier dining like The Henry and OHSO Brewery with the added benefit of no HOA.
The home features a complete top-to-bottom remodel including new electrical, plumbing, Bosch appliances, and a tankless water heater, offering the reliability of modern construction within a charming established neighborhood.
The property boasts unobstructed views of Camelback Mountain from the front yard and patio, providing a high-value aesthetic feature that is quintessential to the luxury Phoenix living experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1613, other record living area = 1545.
At nearly $1,000,000 for 1,613 square feet, the property sits at a high price point relative to its size, which may deter buyers looking for more interior living space at this valuation.
The assigned public schools for this address currently hold mid-range ratings (5-6), which may be a drawback for families specifically seeking top-tier educational districts.
Opportunity as a primary residence or investor purchase in Lower Arcadia. May be purchased fully furnished for a seamless turnkey opportunity, or unfurnished for those who prefer to personalize the space. Renovation in 2023-2024 included new electrical, new plumbing, new flooring throughout, full interior and exterior paint in a cohesive neutral palette. Remodeled kitchen features Bosch appliances and quartz countertops. Bonus room provides flexible space for a home office or secondary living area. Spacious primary suite includes an expanded bathroom w/ dual vanities, spa-like shower and a walk-in closet sized to match. Tankless water heater, whole-home water softener, and EV charger round out the mechanical upgrades. Enjoy an unobstructed view of Camelback Mountain from your front yard. Backyard large enough for pool, gazebo, and outdoor kitchen. Lower Arcadia puts OHSO Brewery, The Henry,Arcadia Tavern, and The Global Ambassador within a short walk or bike ride. Two Camelback Mountain trailheads -- Echo Canyon and Cholla Trail -- are minutes away. Old Town Scottsdale is 4 miles east. Phoenix Sky Harbor International Airport is a 10-minute drive.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,613 | - |
| Lot Size | 6,390 | - |
| Price | $930.0K | $495.4K |
| Price per sq ft | $577 | $290 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 70 | 1260 |
Jun 19, 2026
$930,000
$980,000
-5% Price Drop
Initial Listing
May 14, 2026
$980,000
Initial Listing