
Phoenix, AZ 85008
This Top-Floor Turnkey Condo is a Prime Investment Opportunity, listed at $254,900—positioned well below the $261,722 Fair Market Value by 2%. This valuation gap secures $6,822 in Instant Equity. Maintaining a Condition Rating of 3, the interior features Granite Countertops, Stainless Steel Appliances, and new flooring. The split-floorplan layout and West-Facing Balcony offer both privacy and sunset views. Located near ASU and Sky Harbor, this is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5345 E VAN BUREN Street 374 Subject | $254,900* List Price | 2 | 2 | 996 | $263 | - |
A 5401 E VAN BUREN Street 2044 Sold | $235,000 | 2 | 1 | 911 | $258 | 0.1 mi |
B 5401 E VAN BUREN Street 2112 Sold | $275,000 | 2 | 2 | 1,042 | $264 | 0.1 mi |
C 5401 E VAN BUREN Street 2016 Sold | $215,000 | 1 | 1 | 789 | $272 | 0.1 mi |
D 5401 E VAN BUREN Street 2038 Sold | $225,000 List Price | 1 | 1 | 802 | 0.1 mi | |
E 5401 E VAN BUREN Street 3112 Active | $285,000 List Price | 2 | 2 | 1,042 | $274 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1999 (>20 years old), the property has undergone significant updates including new flooring, granite countertops, and stainless steel appliances. The interior is well-maintained, functional, and move-in ready, which elevates it from the 'Fair' category despite its chronological age.
As a top-floor unit with no neighbors above, this condo offers a quiet living environment and enhanced privacy, which is a highly sought-after feature in multi-family housing.
The property is move-in ready and fully furnished, featuring modern upgrades such as new flooring, granite countertops, and stainless steel appliances that appeal to both owners and investors.
Ideally situated with quick access to the Loop 202, ASU, Tempe, and Old Town Scottsdale, the location provides exceptional convenience for commuting, shopping, and entertainment.
The association fee of $408 per month is relatively high for this price point, which may impact the overall affordability and monthly budget for potential buyers.
The assigned public schools have lower ratings (3 and 4), which could be a drawback for families prioritizing education and may affect future resale demand among that demographic.
TOP FLOOR CONDO - NO NEIGHBORS ABOVE. This well-cared for condo is fully furnished, has new flooring, upgraded sinks & showers, granite counter tops and S.S. appliances. It is a split-floorplan...one bedroom is on the opposite side from the other bedroom for maximum privacy. The open layout for the Living Area is bright & spacious. The laundry room is just off the kitchen well away from the bedrooms for a quiet lifestyle. There is a covered balcony off the Living Room that is spacious, has a storage room and faces west...be dazzled by gorgeous Arizona sunsets. The location is close to Tempe, ASU, Phoenix Zoo, Botanical Gardens, Old Town Scottsdale, Loop 202 and is close to entertainment/shopping/dining choices. Enjoy the pool/spa, clubhouse, fitness facility and groomed grounds.
No exterior & parking available.
Grades PK-8 • 1.6 mi
Grades 9-12 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 996 | 968 | 53% |
| Lot Size | 997 | 821 | 65% |
| Price | $254.9K | $235.0K | 53% |
| Price per sq ft | $256 | $252 | 59% |
| Built year | 1999 | 1999 | 50% |
| HOA | $408 | $230 | 94% |
| Days on market | 21 | 1575 | 6% |
Apr 24, 2026
$254,900
Initial Listing