526 W PORT ROYALE Lane, Phoenix, AZ 85023, Phoenix, 85023 - 3 bed, 2 bath
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Phoenix, AZ 85023
This Moon Valley Value-Add Residence is listed at $515,000, reflecting a location premium in a highly desirable Phoenix submarket. With a Condition Rating of 4, the property is positioned at an estimation_ratio of -11% relative to the $462,523 Fair Market Value, signaling significant opportunity for forced appreciation through interior modernization. The home features a Functional Floor Plan, a Large Covered Patio, and a private Swim Spa for year-round use. This Asset is a high-upside acquisition perfectly suited for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 526 W PORT ROYALE Lane Subject | $515,000* List Price | 3 | 2 | 1,750 | $264 | - |
A 306 W BEVERLY Lane Sold | $465,000 | 3 | 2 | 1,395 | $333 | 0.8 mi |
B 16036 N 11TH Avenue 1140 Sold | $425,000 List Price | 3 | 2 | 1,424 | 0.8 mi | |
C 1101 W DAVIS Road Sold | $555,000 | 4 | 2 | 1,820 | $305 | 0.7 mi |
D 16018 N 3RD Drive Sold | $438,000 | 3 | 2 | 1,308 | $335 | 0.7 mi |
E 16036 N 11TH Avenue 1108 Sold | $383,000 | 3 | 2 | 1,355 | $283 | 0.7 mi |
F 132 W GRANDVIEW Road Sold | $432,000 | 3 | 2 | 1,543 | $280 | 0.9 mi |
G 517 W Coral Gables Drive Pending | $550,000 List Price | 3 | 2 | 1,822 | $302 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is aged but appears to have been maintained through regular upkeep. The exterior shows a well-kept appearance, but the listing description's emphasis on 'incredible potential' and 'modernization requirements' strongly suggests that the interior, including the kitchen and bathrooms, features outdated styles and original components. It meets the 'fair' criteria as a functional home that has not undergone significant renovations in the last 15-30 years and requires cosmetic updates to meet modern standards.
Situated in the highly desirable Moon Valley area on a quiet interior lot, the property offers access to premium community features including three pools and a private dog park, enhancing the overall lifestyle value.
The home features a large covered back patio and a private swim spa, providing an ideal setup for year-round outdoor entertaining and relaxation in the Arizona climate.
With a functional floor plan including separate living and family rooms plus a two-car garage with a dedicated work area, the property offers significant flexibility for families and hobbyists.
Built in 1979 and marketed for its 'upside potential,' the home likely requires cosmetic updates and modernization to meet current market standards for luxury and efficiency.
The monthly association fee of $269 adds a consistent carrying cost that may impact the budget of price-sensitive buyers compared to nearby non-HOA neighborhoods.
NESTLED IN THE QUIET BACK SECTION OF THE HIGHLY DESISRABLE SUNSET NORTH NEIGHBORHOOD IN MOON VALLEY THIS CHARMING 3 BEDROOM 2 BATH HOMEOFFERS INCREDIBLE POTENTIAL IN A PRIME LOCATION. FEATURING A FUNCTIONAL FLOOR PLAN WITH A FAMILY ROOM COMPLETE WITH A COZY FIREPLACE AS WELL AS A SEPARATE LIVING ROOM THE HOME PROVIDES PLENTY OF SPACE FOR BOTH RELAXING AND ENTERTAINING. STEP OTSIDE TO A LARGE COVERED BACK PATIO PERFECT FOR OUTDOOR DINING AND GATHERINGS ALONG WITH A SWIM SPA FOR YEAR ROUND ENJOYMENT. ADDITIONAL HIGHLIGHTS 2 CAR GARAGE WITH LARGE WORK AREA.THERE ARE 3 COMMUNITY POOLS AND A PRIVATE DOG PARK.THIS HOME COMBINES LOCATION, LIFESTYLE, AND UPSIDE POTENTIAL. DON'T MISS THIS OPPORTUNITY!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,750 | 1,843 | 44% |
| Lot Size | 5,756 | 7,820 | 26% |
| Price | $515.0K | $358.5K | 79% |
| Price per sq ft | $294 | $220 | 83% |
| Built year | 1979 | 1982 | 45% |
| HOA | $269 | $0 | 95% |
| Days on market | 14 | 1823 | 0% |
Apr 11, 2026
$515,000
Initial Listing
Sep 3, 1999
$153,500
Public Record