532 E RENEE Drive, Phoenix, AZ 85024, Phoenix, 85024 - 3 bed, 2 bath
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532 E RENEE Drive
Phoenix, AZ 85024
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,597Sq Ft
7,974Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$440,299
SUMMARY
This Single-Level Residential Home is a Strong Value Opportunity, listed at $450,000—positioned well above the $440,300 Fair Market Value by 2%. While priced slightly above market, the property features a Condition Rating of 3, highlighted by a newer A/C system, newer roof, and updated bathrooms. Situated on a spacious cul-de-sac lot with no HOA, this home offers significant lifestyle flexibility. It is an ideal acquisition for Owner-Occupants seeking a move-in ready residence or first-time buyers prioritizing long-term stability and outdoor space.
Estimated Market Value
$440,299
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 |
|---|---|---|---|---|---|---|
★ 532 E RENEE Drive Subject | $450,000* List Price | 3 | 2 | 1,597 | $276 | - |
A 19215 N 11TH Place Sold | $429,000 | 3 | 2 | 1,476 | $291 | 0.6 mi |
B 19401 N 6TH Place Sold | $400,000 | 3 | 2 | 1,402 | $285 | 0.5 mi |
C 1314 E TOPEKA Drive Sold | $474,995 | 4 | 2 | 1,548 | $307 | 0.8 mi |
D 19420 N 8TH Street Sold | $440,000 List Price | 3 | 2 | 1,622 | 0.5 mi | |
E 19234 N 6TH Street Sold | $440,000 | 3 | 3 | 1,656 | $266 | 0.4 mi |
F 19632 N 9TH Place Sold | $415,000 | 3 | 2 | 1,311 | $317 | 0.8 mi |
G 1313 E Piute Avenue Sold | $350,000 | 3 | 2 | 1,433 | $244 | 0.9 mi |
H 19662 N 8TH Place Sold | $370,000 | 2 | 1 | 1,200 | $308 | 0.8 mi |
I 540 E RENEE Drive Active | $485,000 List Price | 3 | 2 | 2,044 | $237 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the home was built in 1980, it has been significantly updated with a newer HVAC system, a newer roof, and updated bathrooms. The interior is well-maintained and move-in ready, featuring plantation shutters and clean finishes that suggest renovations within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7974, living area = 1597.
- Major System Upgrades
The property features a newer A/C system and a newer roof, offering significant value and peace of mind by reducing immediate capital expenditure for the buyer.
- No HOA & Prime Lot
Situated on a spacious cul-de-sac lot with no HOA fees, this home provides rare freedom from restrictive covenants and additional monthly carrying costs.
CONSRISKS & DEFICIENCIES
- School District Ratings
The assigned elementary school has a low rating (2/10), which may impact the property's appeal to families prioritizing high-performing educational environments.
- Property Age
Built in 1980, the home may have original infrastructure components that require ongoing maintenance compared to newer builds in the Phoenix area.
About 532 E RENEE Drive
Welcome to this 3-bedroom, 2-bath single-level home, ideally situated on a spacious cul-de-sac lot with no HOA! The home features a newer A/C system, updated bathrooms, plantation shutters and a newer roof, offering both comfort and peace of mind. Enjoy the expansive yard surrounded by mature landscaping, providing plenty of space for entertaining, gardening, pets, or simply relaxing outdoors. A covered patio creates the perfect spot for year-round outdoor enjoyment. The desirable north-south exposure adds to the home's appeal. Conveniently located close to shopping, restaurants, and everyday amenities, with quick freeway access for an easy commute. With its single-level layout, generous lot, thoughtful updates, and fantastic location, this home is a perfect fit for you!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 7,974 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
Eagle Ridge Elementary School
Grades K-6 • 1.1 mi
2/10
Mountain Trail Middle School
Grades 7-8 • 3.3 mi
6/10
North Canyon High School
Grades 9-12 • 1.3 mi
4/10
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 | 1,597 | 1,820.548 |
| Lot Size | 7,974 | 7,305.343 |
| Price | $450.0K | $470.3K |
| Price per sq ft | $282 | $279 |
| Built year | 1980 | 1986 |
| HOA | $0 | $186 |
| Days on market | 23 | 67 |
Pricing History
Listed for Sale
Aug 17, 2026
$450,000
Initial Listing