523 E BUTLER Drive, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
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523 E BUTLER Drive
Phoenix, AZ 85020
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,256Sq Ft
6,867Lot Size
Property Price
LIST PRICE$425,000
EST. MARKET VALUE
$444,173
4% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $425,000—positioned well below the $444,174 Fair Market Value by 4%. This valuation gap offers $19,174 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a modern kitchen and mountain views, this home requires no immediate capital expenditure. Located near the well-rated Sunnyslope High School, it balances lifestyle appeal with financial stability. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in-ready home.
Estimated Market Value
$444,173+$19,173 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 523 E BUTLER Drive Subject | $425,000* List Price | 3 | 2 | 1,256 | $354 | - |
A 1123 E ALICE Avenue Sold | $430,000 | 4 | 2 | 1,267 | $339 | 0.6 mi |
B 1226 E BUTLER Drive Sold | $515,000 | 3 | 2 | 1,350 | $381 | 0.7 mi |
C 1302 E Butler Drive Sold | $520,000 | 3 | 2 | 1,350 | $385 | 0.7 mi |
D 1002 E ORCHID Lane Sold | $384,999 | 3 | 2 | 1,327 | $290 | 0.4 mi |
E 1018 E RUTH Avenue Sold | $485,000 | 4 | 2 | 1,430 | $339 | 0.4 mi |
F 1136 E SUNNYSLOPE Lane Sold | $430,000 | 3 | 2 | 1,087 | $396 | 0.9 mi |
G 1237 E RUTH Avenue Sold | $478,000 | 3 | 2 | 1,260 | $379 | 0.7 mi |
H 811 E EL CAMINITO Drive Sold | $400,000 | 3 | 2 | 1,040 | $385 | 0.3 mi |
I 8915 N 9TH Place Active | $325,000 List Price | 3 | 2 | 1,260 | $258 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1951, the property has undergone a comprehensive recent remodel (likely <1 year based on stickers still on appliances). The kitchen and bathrooms are fully updated with modern shaker cabinetry, quartz countertops, and stainless steel appliances. With new wood-look tile flooring, recessed lighting, and fresh paint, the home is in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Remodel
The home features a comprehensive, tasteful remodel including quartz countertops, white shaker cabinetry, and wood-look tile flooring, offering a completely move-in-ready experience.
- No HOA Restrictions
Situated in a neighborhood with no HOA, this property provides owners with greater lifestyle flexibility and lower monthly carrying costs compared to managed communities.
- Scenic Mountain Views
The property boasts desirable mountain views, enhancing the overall aesthetic appeal and providing a premium scenic backdrop in the sought-after North Mountain area.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 1,256 square feet for a three-bedroom configuration, the interior layout may feel somewhat confined, particularly for buyers seeking spacious common areas or large bedrooms.
- Mixed School Ratings
While the local high school is well-rated, the assigned elementary and middle schools currently hold lower ratings, which may be a concern for families prioritizing top-tier primary education.
About 523 E BUTLER Drive
Tastefully remodeled 3-bed, 2-bath home in desirable North Phoenix (Sunnyslope/North Mountain). This move-in-ready 1,256 sq ft residence (built 1951) sits on a 6,867 sq ft lot with no HOA. Features include a low-care front yard, covered porch, covered parking, fresh two-tone paint, recessed lighting, wood-look tile flooring, ceiling fans, and abundant natural light. Updated kitchen with white shaker cabinetry, quartz counters, tile backsplash, and stainless-steel appliances. Spacious formal living room, primary suite with updated bath, and interior laundry with cabinetry. Large backyard with covered patio. Listing agent is related to the seller.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 6,867 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Phoenix Unified Schools
Desert View Elementary School
Grades PK-5 • 0.2 mi
4/10
Royal Palm Middle School
Grades 5-8 • 2.0 mi
4/10
Sunnyslope High School
Grades 9-12 • 0.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,256 | 1,850.5 |
| Lot Size | 6,867 | 7,313 |
| Price | $425.0K | $481.7K |
| Price per sq ft | $338 | $289 |
| Built year | 1951 | 1987 |
| HOA | $0 | $175 |
| Days on market | 15 | 757 |
Pricing History
Listed for Sale
Jul 31, 2026
$425,000
Initial Listing