4908 W GRANADA Road, Phoenix, AZ 85035, Phoenix, 85035 - 3 bed, 3 bath
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Phoenix, AZ 85035
This Value-Add Residential Asset represents a high-potential renovation project listed at $280,000. Positioned relative to a $242,438 Fair Market Value, the property requires a total interior overhaul to capture its full after-repair equity. Currently holding a Condition Rating of 5, the home features a functional roof and solid structure near Maryvale High School, providing a stable foundation for a complete transformation. With no HOA restrictions and a spacious 6,399 sqft lot, this asset is a prime candidate for forced appreciation. It is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4908 W GRANADA Road Subject | $280,000* List Price | 3 | 3 | 1,209 | $201 | - |
A 5442 W Edgemont Avenue Sold | $248,500 | 4 | 2 | 1,303 | $191 | 0.9 mi |
B 2323 N 49TH Drive Sold | $330,000 List Price | 3 | 2 | 1,350 | 0.4 mi | |
C 5336 W LEWIS Avenue Sold | $355,000 | 3 | 2 | 1,310 | $271 | 0.6 mi |
D 5220 W WINDSOR Avenue Sold | $327,000 | 3 | 2 | 1,202 | $272 | 0.7 mi |
E 2052 N 51ST Drive Active | $249,000 List Price | 3 | 2 | 1,442 | $173 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 (54 years old) with no evidence of recent renovations. The listing explicitly states the home requires 'significant updates' and a 'full transformation,' making it a clear rehab project. While the structure and roof are described as functional, the age and need for a total interior overhaul of kitchens, baths, and likely systems align with the poor condition criteria.
Priced competitively for the Phoenix market, this property offers a significant value-add opportunity for investors or flippers looking to capitalize on a full renovation.
The home features a functional roof and a solid structure, providing a reliable base for cosmetic and interior updates without the immediate need for major structural remediation.
With zero association fees, owners enjoy greater financial flexibility and fewer property restrictions, making it an ideal candidate for a long-term rental or a personalized primary residence.
The property is sold in as-is condition and requires substantial updates throughout, necessitating a significant additional budget for a complete transformation.
Local schools in the immediate vicinity carry lower performance ratings, which may impact the property's long-term appreciation and appeal to families with school-aged children.
Great opportunity in a prime Phoenix location! This property offers incredible potential for investors, renovators, or buyers looking to customize their own home. Situated on a spacious lot in an established neighborhood, this home is ready for a full transformation. The property does require significant updates and is priced accordingly, making it a perfect value-add opportunity. With a functional roof and solid structure, the possibilities are there to create something special. Conveniently located near major roads, schools, shopping, and dining. Whether you're looking to fix and flip, hold as a rental, or renovate to live in, this is a chance you don't want to miss. Sold as-is.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.3 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 1,209 | 1,525.5 | 16% |
| Lot Size | 6,399 | 6,303 | 53% |
| Price | $280.0K | $313.3K | 38% |
| Price per sq ft | $232 | $191 | 74% |
| Built year | 1970 | 1975 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 1059 | 1% |
Apr 18, 2026
$280,000
Initial Listing