5428 N 188TH Lane, Litchfield Park, AZ 85340, Litchfield Park, 85340 - 4 bed, 3 bath
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Litchfield Park, AZ 85340
This Modern Turnkey Residence is a Strong Value Opportunity, listed at $440,350—positioned well below the $470,392 Fair Market Value by 6%. This valuation gap provides $30,042 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the 2020-built home features a premium lot with a built-in BBQ and high-end interior upgrades. Located near the 9/10 rated Scott L Libby Elementary, it offers a perfect blend of lifestyle and financial upside. This is an exceptional 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 |
|---|---|---|---|---|---|---|
★ 5428 N 188TH Lane Subject | $420,000* List Price | 4 | 3 | 2,140 | $223 | - |
A 18832 W SAN JUAN Avenue Sold | $499,999 List Price | 4 | 3 | 2,522 | 0.2 mi | |
B 19250 W MARISSA Drive Sold | $526,000 | 4 | 3 | 2,105 | $250 | 0.7 mi |
C 19206 W GEORGIA Avenue Sold | $545,000 List Price | 4 | 3 | 2,924 | 0.4 mi | |
D 19408 W COOLIDGE Street Sold | $381,000 | 3 | 2 | 1,662 | $229 | 1.0 mi |
E 5623 N 193RD Drive Pending | $534,723 List Price | 4 | 3 | 2,173 | $246 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this home is less than 10 years old and meets the criteria for excellent condition. The interior features modern upgrades including quartz countertops, contemporary hexagonal tile backsplashes, and updated cabinetry and fixtures in the bathrooms. As a newer build, the HVAC and electrical systems are well within their primary lifecycle, and the property appears to be in mint, move-in-ready condition.
Elementary School: Scott L Libby Elementary School (9/10).
Built in 2020, this home features a contemporary split floorplan with high-end upgrades and a 'WOW factor' that appeals to modern buyers seeking a move-in-ready aesthetic.
Situated on a premium lot, the property includes a covered patio and a built-in BBQ, providing an excellent space for outdoor entertaining and enjoying the Arizona climate.
The property is sold 'as-is' with no SPDS or CLUE reports provided, placing a heavy due diligence burden and potential repair risk entirely on the buyer.
The seller requires the buyer to pay all title, escrow, and HOA transfer fees, which increases the initial capital required to close compared to standard market transactions.
Stunning four bedroom, two and a half bath home on a premium lot. The home features a large greatroom, split floorplan separating the larger master suite from the three other bedrooms. Sliders open to a covered patio and beautiful back yard that includes a built in bbq for entertaining. This home has the WOW factor with many upgrades. Property is sold ''as-is, where-is'' with no reps or warranties. Seller will provide no CLUES or SPDS rpts. Seller will not pay for any fees associated with HOA transfer. Buyer may choose own title company. Buyer will be responsible for all title and escrow fees. This property may qualify for Seller Financing (Vendee)
No exterior & parking available.
Grades PK-6 • 2.5 mi
Grades 5-8 • 2.8 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,140 | 2,907 | 21% |
| Lot Size | 8,198 | 10,650 | 30% |
| Price | $420.0K | $133.0K | 63% |
| Price per sq ft | $196 | $72 | 68% |
| Built year | 2020 | 2004 | 86% |
| HOA | $188 | $96 | 79% |
| Days on market | 45 | 2266 | 1% |
Jun 8, 2026
$420,000
$440,350
-5% Price Drop
Initial Listing
May 2, 2026
$440,350
Initial Listing