502 W HONONEGH Drive 1, Phoenix, AZ 85027, Phoenix, 85027 - 2 bed, 2 bath
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Phoenix, AZ 85027
This Turnkey Renovated Townhouse is a Strong Value Opportunity, listed at $259,999—positioned well below the $286,434 Fair Market Value by 9%. This valuation gap provides $26,435 in Instant Equity for the incoming owner. Boasting a Condition Rating of 2, the interior features a Quartz Kitchen, Remodeled Bathrooms, and Plantation Shutters. With a low $175 HOA fee, a Private Patio, and community pool access, this home balances financial upside with a low-maintenance lifestyle. It is an ideal acquisition for first-time buyers or Owner-Occupants seeking a polished, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 502 W HONONEGH Drive 1 Subject | $259,999* List Price | 2 | 2 | 994 | $288 | - |
A 426 W PONTIAC Drive 6 Sold | $264,000 | 2 | 2 | 863 | $306 | 0.1 mi |
B 601 W YUKON Drive 1 Sold | $274,500 List Price | 2 | 2 | 994 | 0.1 mi | |
C 19820 N 13TH Avenue 163 Sold | $259,000 | 2 | 2 | 1,194 | $217 | 0.7 mi |
D 409 W PONTIAC Drive 1 Pending | $259,900 List Price | 2 | 2 | 994 | $261 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1984, the property has undergone a recent high-quality renovation including a kitchen with quartz countertops and stainless steel appliances, and fully remodeled bathrooms with modern finishes. The addition of plantation shutters and contemporary wood-look tile flooring puts it in mint, move-in ready condition.
The property features high-end finishes including quartz countertops, stainless steel appliances, and recently remodeled bathrooms, offering a move-in-ready experience for buyers.
Residents benefit from a community pool just steps away and assigned covered parking, all while maintaining a very competitive monthly HOA fee of $175.
The home maximizes its footprint with plantation shutters throughout, in-unit laundry, and a private patio, providing a high level of convenience and privacy.
The assigned elementary and middle schools carry a rating of 3, which may impact the property's appeal to families and long-term resale value.
With under 1,000 square feet of living area, the property may feel restrictive for buyers seeking more spacious accommodations or larger common areas.
Enjoy low-maintenance living in this beautifully updated 2 bedroom, 2 bath condo with plantation shutters throughout. Doors open to a small private patio off the kitchen -- perfect for morning coffee. The kitchen features quartz countertops, stainless steel appliances, and ample storage. Both bathrooms have been recently remodeled with modern finishes. In-unit laundry and generous closet/storage space. Primary bedroom with dedicated storage area. Assigned covered parking. Steps from the community pool; convenient to shopping, dining, and freeway. Your home awaits you!!
No exterior & parking available.
Grades K-5 • 14.6 mi
Grades 7-8 • 2.3 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 994 | 1,130 | 40% |
| Lot Size | 1,095 | 959.5 | 64% |
| Price | $260.0K | $219.9K | 60% |
| Price per sq ft | $262 | $208 | 79% |
| Built year | 1984 | 1985 | 38% |
| HOA | $175 | $195 | 40% |
| Days on market | 19 | 1500 | 2% |
Apr 7, 2026
$259,999
Initial Listing