5334 N 32ND Place, Phoenix, AZ 85018, Phoenix, 85018 - 3 bed, 2 bath
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Phoenix, AZ 85018
This Updated Biltmore Heights Residence is listed at $965,000—positioned well below the $982,523 Fair Market Value by 1%. This valuation gap provides $17,523 in Instant Equity. Boasting a Condition Rating of 3, the home features a modernized kitchen, new windows (2020), and a 2014 roof. Set on an expansive 8,729 SF lot near the Arizona Canal, Biltmore Preparatory Academy, and Camelback High School, it offers significant expansion potential in a premier neighborhood. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5334 N 32ND Place Subject | $965,000* List Price | 3 | 2 | 1,339 | $734 | - |
A 3210 E COLTER Street Sold | $975,000 | 3 | 2 | 1,712 | $570 | 0.2 mi |
B 3215 E MISSOURI Avenue Sold | $980,000 | 4 | 3 | 1,832 | $535 | 0.0 mi |
C 3201 E COLTER Street Active Under Contract | $925,000 List Price | 3 | 2 | 1,500 | $617 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been well-maintained with significant capital improvements, including a new roof in 2014 and new windows in 2020. The kitchen and bathrooms have been updated with contemporary styles, featuring modern sage green cabinetry, stone countertops, stainless steel appliances, and updated light fixtures, though the 1953 structure and 10-year-old roof align best with the 'good' classification.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8729, living area = 1339.
Situated in the prestigious Biltmore Heights enclave, this property offers an elite lifestyle with immediate proximity to the Arizona Canal trails and iconic dining destinations like Tarbell's and Chelsea's Kitchen.
Priced under $1M in a neighborhood where new builds exceed $3M, this property represents a rare entry-level opportunity with massive potential for expansion or redevelopment on its spacious, surveyed lot.
At 1,339 square feet, the current living space is relatively small for the price point and may require a significant addition to meet the expectations of the surrounding luxury market.
Despite cosmetic updates, the 1953 construction may present challenges common to older homes, such as dated original plumbing or electrical systems that may need upgrading during future renovations.
Tucked away in the charming enclave of Biltmore Heights, this darling ''dollhouse'' offers an incredible opportunity to own in one of Phoenix's most coveted neighborhoods--at a price point rarely seen. Surrounded by many new build homes that can exceed $3M, this move-in ready gem delivers both immediate comfort and long-term upside. Currently configured as 2 bedrooms plus an office, the flexible floor plan can easily become a 3-bedroom. The home has been thoughtfully maintained, with many major and cosmetic updates already completed--including newer cabinets, new lighting, fresh paint as well as new windows in 2020 and a new roof in 2014--giving you peace of mind while leaving room for your own personal touches. Set on a spacious lot with a completed survey, the property offers ample to expand, reimagine, or simply enjoy the beautifully landscaped outdoor space as-is. Whether you're looking to create your dream home or invest in a prime location, the possibilities here are endless. Enjoy an unbeatable lifestyle just moments from the canal--perfect for walking, biking, or running--and within close proximity to some of the area's favorite destinations. Stroll to brunch at the Biltmore, meet friends for happy hour at Chelsea's Kitchen, or dinner at Tarbell's--all just minutes from your front door. With quick access to the 51 freeway, getting anywhere in the Valley is effortless. Charming, versatile, and full of potential--this is Biltmore Heights living at its best. What a great place to call home!
No exterior & parking available.
Grades K-8 • 0.8 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 36% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 1,339 | 2,705 | 4% |
| Lot Size | 8,729 | 9,936 | 37% |
| Price | $965.0K | $1.15M | 44% |
| Price per sq ft | $721 | $473 | 78% |
| Built year | 1953 | 1961 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 1537 | 0% |
Apr 3, 2026
$965,000
Initial Listing