5409 S 15TH Way SE, Phoenix, AZ 85040, Phoenix, 85040 - 4 bed, 2 bath
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Phoenix, AZ 85040
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $450,000—positioned well above the $407,118 Fair Market Value by -10%. Featuring a Condition Rating of 3, the home offers modern upgrades including new kitchen appliances and LVP flooring. While the school district presents a challenge with lower ratings, the property’s unique sunroom and enclosed patio provide significant lifestyle value. This home is an ideal acquisition for Owner-Occupants seeking a move-in ready space or first-time buyers prioritizing immediate comfort over school-district premiums.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5409 S 15TH Way SE Subject | $450,000* List Price | 4 | 2 | 1,642 | $248 | - |
A 1520 E BOWKER Street Sold | $400,000 | 4 | 2 | 1,831 | $218 | 0.0 mi |
B 1622 E CHANUTE Pass Sold | $425,000 List Price | 4 | 2 | 1,800 | 0.1 mi | |
C 1521 E CHAMBERS Street Sold | $400,000 | 4 | 2 | 1,642 | $244 | 0.0 mi |
D 1747 E GROVE Street Sold | $449,900 | 3 | 2 | 1,671 | $269 | 0.2 mi |
E 1747 E GROVE Street Sold | $449,900 | 3 | 2 | 1,671 | $269 | 0.2 mi |
F 1747 E GROVE Street Sold | $449,900 | 3 | 2 | 1,671 | $269 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (22 years old), the property has been well-maintained with recent updates including new LVP flooring, upgraded bathrooms, and new kitchen appliances. While the core systems and structure are over 20 years old, the interior renovations make it move-in ready and functional.
The home features upgraded bathrooms and brand-new kitchen appliances, with all appliances included in the sale, offering significant value and a move-in-ready experience for buyers.
A unique sunroom with sunscreen and an enclosed patio provide versatile, climate-controlled areas for year-round lounging and entertainment, which is a premium feature in the Phoenix climate.
Situated near South Mountain, the property offers easy access to extensive outdoor recreation and scenic views, making it highly attractive for active lifestyle enthusiasts.
The assigned elementary school has a rating of 1, which may be a significant drawback for families with children and could negatively impact future resale value.
With four bedrooms configured within 1,642 square feet, the individual room sizes may feel cramped compared to larger four-bedroom models in the same price bracket.
Welcome to this beautifully maintained home featuring four spacious bedrooms, two upgraded bathrooms, and a layout designed for comfort and convenience. The home includes a water softener, newer kitchen appliances, and a washer and dryer. Enjoy year-round relaxation in the sunroom, complete with sunscreen shading to keep it cool during both summer and winter months. The enclosed patio offers the perfect spot to unwind in the evening breeze, entertain guests, or simply enjoy quiet nights at home. The backyard features water-saving landscaping and a potential dog pad, with plenty of space to lounge, grill, and gather, this home blends indoor comfort with outdoor enjoyment. This is luxury living with thoughtful upgrades throughout, move-in ready and perfectly located.
No exterior & parking available.
Grades K-3 • 1.1 mi
Grades 4-8 • 1.3 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,642 | - |
| Lot Size | 6,553 | - |
| Price | $450.0K | $495.4K |
| Price per sq ft | $274 | $290 |
| Built year | 2004 | 0 |
| HOA | $54 | $0 |
| Days on market | 57 | 1260 |
May 27, 2026
$450,000
Initial Listing