
Phoenix, AZ 85040
This Modern Single-Family Residence is a Strong Value Opportunity, listed at $394,000—positioned well below the $394,432 Fair Market Value by 0.11%. Featuring an Excellent Condition Rating, this 2019 build includes a Granite Kitchen, wood-look flooring, and a 3.6kW Solar System for energy efficiency. With $15,000 in seller incentives available for closing costs or rate buy-downs, this home offers immediate financial flexibility. It is an ideal acquisition for first-time buyers or owner-occupants seeking a turnkey, low-maintenance lifestyle in a secure gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5034 S 11TH Place Subject | $394,000* List Price | 4 | 2 | 1,373 | $287 | - |
A 4921 S 11TH Street Sold | $335,000 List Price | 3 | 2 | 1,124 | 0.1 mi | |
B 4921 S 11TH Street Sold | $389,000 List Price | 3 | 2 | 1,124 | 0.1 mi | |
C 1521 E CHAMBERS Street Sold | $400,000 | 4 | 2 | 1,642 | $244 | 0.6 mi |
D 1011 E LA SALLE Street Sold | $360,400 | 3 | 3 | 1,548 | $233 | 0.2 mi |
E 1011 E LA SALLE Street Sold | $360,400 | 3 | 3 | 1,547 | $233 | 0.2 mi |
F 1631 E JONES Avenue Sold | $360,000 | 3 | 2 | 1,235 | $291 | 1.0 mi |
G 1631 E JONES Avenue Sold | $360,000 | 3 | 2 | 1,235 | $291 | 1.0 mi |
H 4931 S 11TH Place Active | $405,000 List Price | 4 | 2 | 1,470 | $276 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is only 5-6 years old, meeting the criteria for excellent condition. The interior features modern white shaker cabinetry, granite countertops, stainless steel appliances, and wood-look flooring throughout. Systems are recent, and the home is move-in ready with no maintenance required.
The seller is offering up to $15,000 in flexible incentives that can be applied toward closing costs, interest rate buy-downs, or paying off the solar balance, providing exceptional financial leverage for the buyer.
Built in 2019, this home features a 3.6kW rooftop solar system and modern finishes like granite countertops and wood-look flooring, ensuring low utility costs and minimal immediate maintenance.
Priced below its recent pre-listing appraisal and situated within a secure gated community, this property offers immediate value and a competitive entry point into the Phoenix market.
At 1,373 square feet for a 4-bedroom configuration, the individual room sizes and common areas may feel restrictive or cramped for families requiring more interior volume.
The 4,500 square foot lot is relatively small, offering minimal backyard space and limited privacy between neighboring homes, which may not appeal to buyers seeking significant outdoor utility.
SELLER OFFERING UP TO $15,000 IN BUYER INCENTIVES! Use it toward closing costs, buying down your interest rate for a lower monthly payment, or paying off the home's solar balance--the choice is yours. Beautifully maintained and priced below its recent pre-listing appraisal, this move-in ready 4-bedroom, 2-bath home in the gated Romley Estates community offers exceptional value in today's market. Built in 2019, the thoughtfully designed 1,373 sq. ft. open floor plan features a bright eat-in kitchen with white shaker cabinetry, granite countertops, stainless steel appliances, a breakfast bar, and an inviting great room that's perfect for everyday living and entertaining. The spacious primary suite includes dual sinks, a private toilet room, and a walk-in closet. Additional features include wood-look flooring throughout, high ceilings, a covered front porch, covered back patio, low-maintenance synthetic turf, and a two-car garage. One of this home's additional advantages is its 3.6kW rooftop solar system, financed at an exceptionally low 2.99% interest rate with an approximate payment of just $84.80 per month. Recent SRP summer electric bills were approximately $114-$181 during peak cooling months, helping keep energy costs manageable. Buyers may assume the existing low-interest solar financing or apply the seller's concession toward paying off the remaining solar balance. Whether you're looking to reduce your upfront cash needed to close, secure a lower monthly mortgage payment through an interest-rate buy-down, or eliminate the solar loan altogether, this flexible $15,000 seller contribution gives you options that are increasingly valuable in today's market. Located in a gated community with a low HOA and priced below its recent pre-listing appraisal, this home combines modern finishes, financial flexibility, and outstanding value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,373 | - |
| Lot Size | 4,500 | - |
| Price | $394.0K | $495.4K |
| Price per sq ft | $287 | $290 |
| Built year | 2019 | 0 |
| HOA | $104 | $0 |
| Days on market | 10 | 1260 |
Jul 13, 2026
$394,000
Initial Listing