5534 N 31ST Drive, Phoenix, AZ 85017, Phoenix, 85017 - 5 bed, 4 bath
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Phoenix, AZ 85017
This Spacious Multi-Generational Home is a Strong Value Opportunity, listed at $429,920—positioned well above the $412,465 Fair Market Value by -4%. Featuring a Mint Condition Rating and a rare 5-bedroom, 4-bathroom layout with three primary suites, this property offers a turnkey solution for large families. While local school ratings are modest, the NO HOA status and proximity to the I-17 Freeway provide significant lifestyle flexibility. This home is an ideal acquisition for Owner-Occupants seeking versatile living space or multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5534 N 31ST Drive Subject | $429,920* List Price | 5 | 4 | 1,684 | $245 | - |
A 3118 W MISSOURI Avenue Sold | $395,000 | 4 | 3 | 1,414 | $279 | 0.1 mi |
B 3118 W MISSOURI Avenue Sold | $395,000 | 4 | 2 | 1,414 | $279 | 0.1 mi |
C 2749 W SAN JUAN Avenue Sold | $349,999 | 4 | 2 | 1,573 | $223 | 0.4 mi |
D 3117 W BETHANY HOME Road Sold | $320,000 | 3 | 2 | 1,528 | $209 | 0.4 mi |
E 3022 W PALO VERDE Drive Sold | $327,000 | 4 | 2 | 1,583 | $207 | 0.4 mi |
F 2829 W Palo Verde Drive Sold | $350,000 | 3 | 2 | 1,346 | $260 | 0.5 mi |
G 6130 N 27TH Avenue Sold | $374,000 | 5 | 2 | 1,325 | $282 | 0.8 mi |
H 3232 W MARSHALL Avenue Pending | $349,900 List Price | 3 | 2 | 1,505 | $232 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1954, the property has undergone a complete modern remodel with high-end finishes, updated flooring, and new fixtures. The description and images confirm it is in mint, move-in ready condition with a renovation likely completed within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7248, living area = 1684.
The rare configuration of five bedrooms and four bathrooms, including three separate primary suites, makes this property exceptionally versatile for large families or co-living arrangements.
Extensively remodeled with modern finishes and an updated kitchen, this home offers a move-in-ready experience that eliminates the immediate need for renovation capital.
Fitting five bedrooms and four bathrooms into 1,684 square feet suggests that individual room sizes and common areas may feel significantly cramped compared to standard layouts.
Most of the assigned local schools carry low ratings (3 or 4 out of 10), which may be a deterrent for education-focused buyers and could impact future appreciation.
**MLS Description:** Beautifully remodeled 5-bedroom, 4-bathroom home offering the perfect blend of space, comfort, and versatility! Featuring **three spacious primary suites**, this home is ideal for multi-generational living, extended guests, or added privacy. The open and inviting floor plan has been thoughtfully updated with modern finishes throughout, creating a move-in ready home you'll love. Enjoy generous living areas, a beautifully updated kitchen, and plenty of room for entertaining. Best of all, **NO HOA** gives you the freedom to truly make this property your own. Conveniently located just minutes from the **I-17 Freeway**, providing easy access to shopping, dining, schools, and commuting. A rare opportunity to own a spacious, fully remodeled home in a prime location!
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades K-2 • 1.3 mi
Grades PK-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 1,684 | - |
| Lot Size | 7,248 | - |
| Price | $429.9K | $495.4K |
| Price per sq ft | $255 | $290 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 1260 |
Jul 17, 2026
$429,920
Initial Listing