5234 S 44TH Place, Phoenix, AZ 85040, Phoenix, 85040 - 4 bed, 2 bath
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Phoenix, AZ 85040
This property presents a High-Potential Investment Opportunity with a List Price of $440,000—positioned well below the $386,745 Fair Market Value by -13%. Featuring a Fair Condition Rating of 4, the home requires cosmetic updates to address dated finishes and aging systems. The 4-bedroom layout and large fenced lot provide significant value-add potential for those looking to modernize. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a strategic renovation to maximize long-term rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5234 S 44TH Place Subject | $440,000* List Price | 4 | 2 | 1,363 | $284 | - |
A 5415 S 44TH Place Sold | $350,000 | 4 | 2 | 1,288 | $272 | 0.1 mi |
B 4722 E CHAMBERS Street Sold | $375,000 | 3 | 2 | 1,128 | $332 | 0.4 mi |
C 4415 E CHAMBERS Street Pending | $370,000 List Price | 3 | 2 | 1,416 | $261 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, the home features dated interior elements including honey oak cabinetry and wood paneling likely from a 20+ year old renovation. The presence of popcorn ceilings and a window AC unit suggests aging systems and a need for modern updates throughout.
With an association fee of $0, this property offers significant long-term financial savings and the freedom to utilize the lot without the constraints of a homeowners association.
The floor plan includes four bedrooms plus an extra room and separate living and family areas, providing exceptional flexibility for large families, multi-generational living, or a dedicated home office.
The fully fenced 6,704 sqft lot features a large backyard, a cozy patio, and a storage shed, offering ample room for outdoor entertaining, gardening, and secure equipment storage.
Built in 1971 and featuring honey oak cabinetry, the home likely requires cosmetic updates and modern renovations to meet the aesthetic expectations of today's buyers.
The assigned middle and high schools currently hold lower performance ratings (3/10), which may be a drawback for families prioritizing high-ranking public education districts.
Enjoy comfortable living in this charming 4-bedroom home! plus one extra room. Designed with both functionality and comfort in mind, this fully fenced residence offers plenty of space for everyday living and entertaining. Discover a welcoming living room that's ready to greet guests, while the separate family room provides the perfect spot to relax and unwind. The eat-in kitchen comes with honey oak cabinets and matching appliances. In the sizable primary bedroom, you'll have a well-sized closet and a private bathroom with a step-in shower, bringing convenience to your daily routine. Large backyard provides a cozy patio and a storage shed for your tools, equipment, and seasonal items. Don't let this fantastic opportunity slip by!
No exterior & parking available.
Grades K-5 • 2.6 mi
Grades PK-5 • 2.8 mi
Grades 6-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,363 | - |
| Lot Size | 6,704 | - |
| Price | $440.0K | $495.4K |
| Price per sq ft | $323 | $290 |
| Built year | 1971 | 0 |
| HOA | $0 | $0 |
| Days on market | 4 | 1260 |
Jul 19, 2026
$440,000
Initial Listing