5002 N 41ST Avenue, Phoenix, AZ 85019, Phoenix, 85019 - 2 bed, 1 bath
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Phoenix, AZ 85019
This Value-Add Townhouse represents a High-Potential Investment Opportunity with a List Price of $157,500, which aligns with the $157,500 Fair Market Value. While the property carries a Condition Rating of 5 due to deferred maintenance and security needs, the low $146 Association Fee ensures minimal carrying costs during renovation. Located in the established Hallcraft Villas West subdivision near Grand Canyon University, the asset offers significant forced appreciation potential through modernization. This is a high-upside acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5002 N 41ST Avenue Subject | $157,500* List Price | 2 | 1 | 924 | $170 | - |
A 5203 N 42ND Drive Sold | $194,000 | 2 | 1 | 1,005 | $193 | 0.3 mi |
B 3957 W READE Avenue Sold | $160,000 List Price | 3 | 1 | 1,005 | 0.1 mi | |
C 3944 W CAMELBACK Road Sold | $198,500 List Price | 2 | 1 | 924 | 0.2 mi | |
D 4615 N 39TH Avenue 6 Sold | $174,000 | 2 | 2 | 1,026 | $170 | 0.5 mi |
E 5221 N 42ND Lane Active | $165,000 List Price | 2 | 1 | 924 | $179 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1972, this property shows significant signs of deferred maintenance and neglect. Interior images reveal a boarded-up window, which is a major safety and security concern, along with worn tile flooring and dated bathroom fixtures. The listing agent's disclaimer that they have never physically inspected the property, coupled with the very low price point for the Phoenix market, strongly suggests the home requires substantial repairs and rehabilitation before it would be considered move-in ready.
Priced at $157,500, this townhouse represents a rare entry-level opportunity in the Phoenix market, significantly below the regional median home price.
The modest association fee of $146 per month ensures low monthly overhead, making it an attractive option for both budget-conscious homeowners and buy-and-hold investors.
Located in the established Hallcraft Villas West subdivision, the property offers significant upside potential for a value-add renovation or a high-yield rental strategy.
The listing agent has never physically inspected the property and relies solely on appraisal data, which presents a high risk regarding the actual interior condition and necessary repairs.
Built in 1972 with only one bathroom and a small 924-square-foot footprint, the property may require substantial modernization to appeal to contemporary tenants or buyers.
All information was taken from a recent appraisal and listing agent has never seen the property. Direct all inquiries to Realty Bid using a google search.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 924 | 1,005 | 31% |
| Lot Size | 2,561 | 2,126 | 77% |
| Price | $157.5K | $174.0K | 46% |
| Price per sq ft | $170 | $170 | 50% |
| Built year | 1972 | 1972 | 50% |
| HOA | $146 | $146 | 50% |
| Days on market | 362 | 1261 | 31% |
Apr 29, 2025
$157,500
Initial Listing