5221 W EVANS Drive, Glendale, AZ 85306, Glendale, 85306 - 3 bed, 2 bath
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Glendale, AZ 85306
This Spacious Single Family Residence represents a Prime Investment Opportunity, listed at $375,000—positioned well below the $385,852 Fair Market Value by 2%. This valuation gap provides $10,852 in Instant Equity. Featuring a Condition Rating of 4, the home offers a move-in ready foundation with a versatile enclosed Arizona room and expansive covered patio. While the interior reflects its 1973 origins, the No HOA status allows for significant modernization potential. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5221 W EVANS Drive Subject | $375,000* List Price | 3 | 2 | 1,810 | $213 | - |
A 13825 N 52ND Avenue Active | $415,000 List Price | 3 | 2 | 1,880 | $221 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is over 50 years old but has received recent cosmetic 'refreshes' including new carpet and fresh paint. However, the kitchen and bathrooms remain dated with older white appliances, painted cabinetry, and fluorescent light boxes, suggesting the core renovations are 20+ years old. While move-in ready, it requires modernization of major surfaces and likely systems to meet current standards.
The absence of a Homeowners Association offers homeowners significant financial savings and the freedom to utilize their property without restrictive community rules.
With brand new carpet and fresh interior paint, the home provides a clean and updated environment that allows for immediate occupancy without the need for initial repairs.
The inclusion of an enclosed Arizona room and a spacious 1,810 square foot floor plan provides valuable bonus space for a home office, hobby room, or additional entertainment area.
Built in 1973, the home may feature older mechanical systems or infrastructure that could require maintenance or modernization compared to newer constructions.
While the home is refreshed with paint and carpet, the description suggests the kitchen and bathrooms remain in a 'functional' state, likely requiring further investment to achieve a contemporary aesthetic.
Move-in ready and full of potential, this 3 bedroom, 2 bath Glendale home offers 1,810 square feet of comfortable living with no HOA! Fresh interior paint and brand new carpet provide a clean, refreshed feel throughout. The spacious floor plan features generous living areas, a functional kitchen with abundant cabinetry, and an enclosed Arizona room that offers versatile bonus space for a hobby room, or relaxing retreat. Step outside to enjoy the expansive covered patio overlooking the low-maintenance backyard, perfect for entertaining or enjoying Arizona's beautiful evenings. Conveniently located near Banner Hospital, ASU West, schools, Loop 101, shopping, dining, entertainment & sporting venues, this home is ready for you to make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,810 | 1,909 |
| Lot Size | 7,216 | 7,371.5 |
| Price | $375.0K | $1.02M |
| Price per sq ft | $207 | $496 |
| Built year | 1973 | 1935 |
| HOA | $0 | $212 |
| Days on market | 20 | 1527 |
Jul 2, 2026
$375,000
Initial Listing