
Phoenix, AZ 85031
This Spacious Mid-Century Residence is a Prime Investment Opportunity, listed at $312,900—positioned well below the $322,351 Fair Market Value by 2%. This valuation gap offers $9,451 in Instant Equity. Featuring a Condition Rating of 4, the property is functional but dated, providing a larger-than-average 1,575 square foot interior and a private patio. With No HOA fees and significant cosmetic upside, it balances financial logic with lifestyle potential. This is an ideal match for Owner-Occupants seeking a value-add home or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5439 W OSBORN Road Subject | $312,900* List Price | 3 | 2 | 1,575 | $205 | - |
A 3023 N 57TH Drive Sold | $334,900 | 3 | 2 | 1,428 | $235 | 0.4 mi |
B 4202 N 58TH Avenue Sold | $338,000 | 3 | 2 | 1,585 | $213 | 0.8 mi |
C 2907 N 53RD Avenue Sold | $335,000 | 3 | 2 | 1,680 | $199 | 0.5 mi |
D 4218 N 49TH Drive Sold | $288,600 | 4 | 2 | 1,520 | $190 | 0.9 mi |
E 4202 N 58TH Avenue Sold | $338,000 | 4 | 2 | 1,585 | $213 | 0.8 mi |
F 5423 W EARLL Drive Active | $339,000 List Price | 3 | 2 | 1,601 | $212 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, the property is functional but significantly dated. Interior features older diagonal tile flooring and a utility room with unfinished concrete. The exterior shows a weathered wood fence and an aged roof-mounted HVAC unit. While livable, it requires cosmetic updates and likely system servicing to meet modern standards.
Priced at approximately $198 per square foot, this property offers a highly accessible entry point into the Phoenix market for first-time homebuyers or investors.
The absence of a homeowners association provides significant monthly savings and offers the owner greater freedom regarding property modifications and usage.
At 1,575 square feet, this 3-bedroom home provides a larger interior footprint than many comparable mid-century residences in the Maryvale area.
Built in 1959, the home likely requires updates to major systems such as electrical, plumbing, and HVAC to meet modern efficiency and safety standards.
The 6,538 square foot lot is relatively modest for the area, which may limit options for significant outdoor expansions or large-scale landscaping projects.
Exceptional opportunity in Phoenix. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,575 | 1,466 | 60% |
| Lot Size | 6,538 | 7,139 | 33% |
| Price | $312.9K | $285.0K | 61% |
| Price per sq ft | $199 | $161 | 61% |
| Built year | 1959 | 1957 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 1071 | 1% |
May 1, 2026
$312,900
Initial Listing