5430 S 23RD Way, Phoenix, AZ 85040, Phoenix, 85040 - 4 bed, 3 bath
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Phoenix, AZ 85040
This Spacious Modern Residence is a high-value find listed at $525,000, positioned well below the $530,271 Fair Market Value by 1%. This pricing provides $5,271 in Instant Equity for a buyer. Boasting a Good Condition Rating, the interior features Quartz Countertops, LVP Flooring, and a versatile Upstairs Loft. With over 3,000 square feet of living space and a Low-Maintenance Covered Patio, this home balances scale with modern convenience. It is an ideal match for Growing Families or Owner-Occupants seeking a turnkey lifestyle in Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5430 S 23RD Way Subject | $520,000* List Price | 4 | 3 | 3,073 | $172 | - |
A 2332 E MARGUERITE Avenue Sold | $456,500 | 5 | 3 | 2,116 | $216 | 0.6 mi |
B 5220 S 16TH Place Sold | $445,000 | 4 | 4 | 2,247 | $198 | 0.9 mi |
C 2315 E PECAN Road Sold | $375,000 List Price | 3 | 3 | 1,941 | 0.2 mi | |
D 2331 E PECAN Road Sold | $380,000 | 3 | 3 | 1,932 | $197 | 0.2 mi |
E 4626 S 23RD Place Sold | $462,000 | 5 | 3 | 2,116 | $218 | 0.5 mi |
F 2346 E PECAN Road Active | $400,000 List Price | 3 | 3 | 1,941 | $206 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is move-in ready and falls within the 10-20 year age bracket for a 'good' rating. It features significant modern updates including luxury vinyl plank (LVP) flooring, elegant quartz countertops, and plantation shutters. The interior is well-maintained with minimal wear, and while some components like the cabinetry appear original, they are in excellent functional condition.
The home features high-quality finishes including luxury vinyl plank (LVP) and tile flooring, elegant quartz countertops, and plantation shutters, offering a move-in-ready aesthetic with durable materials.
With over 3,000 square feet of living space, four bedrooms, and a large upstairs loft, the floor plan provides excellent flexibility for a home office, media room, or multi-generational living.
The exterior is designed for ease of care with rock landscaping and extensive pavers, including a covered patio and a large side yard that maximizes usable outdoor space without the need for constant upkeep.
The 3,073 square foot home sits on a relatively small 5,630 square foot lot, which may limit traditional backyard space and result in closer proximity to neighboring properties.
Situated in the 85040 zip code, the property is in a high-density area near industrial corridors, which can sometimes impact long-term appreciation rates compared to more strictly residential suburban pockets.
This beautiful home features tile and luxury vinyl plank (LVP) flooring throughout, creating a clean and modern feel. Plantation shutters on all windows add both style and privacy, while the fireplace with built-in entertainment center creates a warm focal point in the living space. The kitchen showcases elegant quartz countertops, offering both beauty and durability. Upstairs, a spacious loft area provides flexible space for a home office, media room, or play area. Step outside to enjoy the covered patio with pavers and low-maintenance rock landscaping, perfect for relaxing or entertaining. The large side yard with additional pavers offers even more usable outdoor space. A well-designed home with thoughtful features inside and out.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 3,073 | 1,454 | 99% |
| Lot Size | 5,630 | 6,003 | 44% |
| Price | $520.0K | $328.8K | 98% |
| Price per sq ft | $169 | $222 | 34% |
| Built year | 2006 | 2003 | 64% |
| HOA | $126 | $0 | 80% |
| Days on market | 44 | 978 | 1% |
Apr 16, 2026
$520,000
$525,000
-1% Price Drop
Initial Listing
Mar 13, 2026
$525,000
Initial Listing