531 W STELLA Lane, Phoenix, AZ 85013, Phoenix, 85013 - 4 bed, 3 bath
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Phoenix, AZ 85013
This Renovated Central Phoenix Residence is a High-Potential Investment Opportunity, listed at $975,000—positioned well below the $1,173,961 Fair Market Value by 16%. This valuation gap provides $198,961 in Instant Equity. Boasting an Excellent Condition Rating, the home features dual primary suites, a 2025 roof, and designer-renovated bathrooms. Located in the premier "between the 7's" corridor near 7-rated Madison schools, it offers a turnkey lifestyle with significant financial upside. This is an elite acquisition for Owner-Occupants or Multigenerational Families seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 531 W STELLA Lane Subject | $939,000* List Price | 4 | 3 | 2,357 | $420 | - |
A 6212 N 7TH Avenue Sold | $900,000 | 4 | 2 | 1,999 | $450 | 0.2 mi |
B 6212 N 7TH Avenue Sold | $900,000 | 4 | 2 | 1,994 | $451 | 0.2 mi |
C 6112 N 11TH Avenue Sold | $665,000 | 4 | 2 | 1,774 | $375 | 0.4 mi |
D 6323 N 10TH Drive Sold | $1,199,000 | 4 | 4 | 2,680 | $447 | 0.2 mi |
E 6329 N 10TH Drive Sold | $1,199,000 | 4 | 4 | 2,680 | $447 | 0.2 mi |
F 702 W ROSE Lane Active | $730,000 List Price | 4 | 2 | 1,716 | $425 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1958, the property has undergone extensive recent renovations within the last 5 years, qualifying it for an excellent rating. Key upgrades include a brand-new roof and designer-renovated bathrooms in 2025, along with a new HVAC system and water heater in 2023. The kitchen is modern and high-end, featuring premium Bosch appliances, updated cabinetry, and contemporary lighting. The flooring and overall interior finishes are consistent with current quality standards, showing no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10672, living area = 2357.
Situated in the coveted 'between the 7's' corridor, the property offers unbeatable access to the Central Avenue bridle path, top-tier schools, and the popular Uptown Farmers Market.
The home features significant capital improvements including a new roof (2025), fully renovated bathrooms (2025), and updated HVAC and water heater (2023), providing immediate value and peace of mind.
While the elementary and middle schools are highly rated (7/10), the assigned public high school has a significantly lower rating, which may be a drawback for families with older children.
Despite modern interior updates and major system replacements, the 1958 construction may still feature original underground plumbing or electrical components typical of homes from this era.
Located in the highly sought-after Central Phoenix corridor ''between the 7's,'' this beautifully updated 4-bedroom, 3-bath home offers 2,357 square feet of thoughtfully designed living space. With two spacious primary suites, this layout provides exceptional flexibility for multi-generational living, guests, or a private home office setup. This home has been extensively upgraded for modern comfort and peace of mind, including a brand-new roof and fully renovated bathrooms in 2025 featuring designer-selected finishes. Major systems have already been taken care of, with HVAC and water heater replaced in 2023. The home also includes gas service with a stub for a gas range, along with premium Bosch refrigerator and dishwasher. Step outside to a lush, private backyard framed by mature ficus hedges, creating a serene retreat perfect for relaxing or entertaining. Enjoy raised planter beds with drip irrigation--ideal for gardening enthusiasts. The location is unbeatable, within walking distance to All Saints, Madison Meadows, and Arcadia Christian, and just a short drive to Xavier College Prep and Brophy College Prep. You'll also love being close to the Central Avenue bridle path and the popular Uptown Farmers Market. A rare opportunity -- 4-bedroom, 3-bath home between the 7's for under $1M.
No exterior & parking available.
Grades PK-4 • 1.4 mi
Grades 5-8 • 0.4 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 2,357 | 1,785.5 | 75% |
| Lot Size | 10,672 | 8,276 | 67% |
| Price | $939.0K | $512.0K | 82% |
| Price per sq ft | $398 | $323 | 73% |
| Built year | 1958 | 1953 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 1165 | 1% |
Apr 14, 2026
$939,000
$975,000
-4% Price Drop
Initial Listing
Mar 27, 2026
$975,000
Initial Listing