5602 W VIRGINIA Avenue, Phoenix, AZ 85035, Phoenix, 85035 - 4 bed, 2 bath
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5602 W VIRGINIA Avenue
Phoenix, AZ 85035
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,907Sq Ft
6,974Lot Size
Property Price
LIST PRICE$389,000
EST. MARKET VALUE
$397,921
SUMMARY
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $389,000—positioned well below the $397,922 Fair Market Value by 2%. This valuation gap provides $8,922 in Instant Equity. Featuring a Mint Condition Rating with a modern quartz kitchen and new flooring, this home offers a move-in ready lifestyle. With no HOA and convenient RV access, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, updated property in a central Phoenix location.
Estimated Market Value
$397,921
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5602 W VIRGINIA Avenue Subject | $389,000* List Price | 4 | 2 | 1,907 | $209 | - |
A 5926 W HUBBELL Street Sold | $400,000 | 4 | 2 | 1,638 | $244 | 0.6 mi |
B 2011 N 51ST Drive Sold | $377,000 | 4 | 2 | 1,802 | $209 | 0.8 mi |
C 5321 W HUBBELL Street Sold | $330,000 | 3 | 2 | 1,308 | $252 | 0.6 mi |
D 5457 W Cambridge Ave Avenue Sold | $316,000 | 3 | 1 | 1,844 | $171 | 0.2 mi |
E 1830 N 54th Lane Sold | $350,000 | 4 | 2 | 1,500 | $233 | 0.6 mi |
F 2223 N 62ND Lane Sold | $382,000 | 4 | 2 | 1,638 | $233 | 0.8 mi |
G 2814 N 55TH Avenue Active | $385,000 List Price | 3 | 2 | 1,678 | $229 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1970, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with white shaker cabinets and quartz countertops, new stainless steel appliances, updated bathrooms, and new wood-look flooring throughout, meeting the criteria for mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Updates
The home features a complete interior refresh with new wood-look flooring, recessed lighting, and a neutral palette, offering a contemporary move-in ready experience.
- High-End Kitchen Remodel
The kitchen is fully upgraded with quartz countertops, white shaker cabinetry, and stainless steel appliances, providing a premium feel for the price point.
- No HOA & RV Access
The absence of a Homeowners Association combined with a corner lot and RV gate offers significant freedom and utility for vehicle storage and property customization.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally built in 1970, the property may require ongoing maintenance or future updates to core systems like plumbing or electrical that aren't addressed by cosmetic renovations.
- Below-Average School Ratings
The local schools are rated between 2 and 4, which could impact long-term resale value and appeal to families seeking top-tier educational environments.
About 5602 W VIRGINIA Avenue
Welcome to this charming, TASTEFULLY UPDATED corner-lot home in Phoenix! Move-in ready & no HOA! Featuring 4 beds, 2 baths, low-care landscape, and a 2-car garage w/cabinets. The interior boasts clean lines that promote a modern feel! Enhanced by a fresh neutral palette, new recessed lighting, abundant natural light, and new wood-look flooring throughout. Excellent floor plan showcasing a large living room, formal dining room, and a separate family room! The renewed kitchen is equipped with white shaker cabinetry, quartz counters, stainless steel appliances, a pantry, and a breakfast bar. Perfectly sized bedrooms with new ceiling fans, and the primary bedroom has two closets! Both primary & secondary bathrooms have been updated with newer fixtures. The laundry room can be used for storage. Outside, a covered patio, artificial turf, RV gate & parking, and a storage shed make up the generous backyard. Conveniently close to schools, shopping, dining options, parks, freeways, and more. Don't miss this opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 6,974 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Phoenix Unified Schools
Cartwright School
Grades K-8 • 0.3 mi
3/10
Charles W. Harris School
Grades K-8 • 0.4 mi
2/10
Maryvale High School
Grades 9-12 • 0.9 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,907 | 1,850.5 |
| Lot Size | 6,974 | 7,313 |
| Price | $389.0K | $481.7K |
| Price per sq ft | $204 | $289 |
| Built year | 1970 | 1987 |
| HOA | $0 | $175 |
| Days on market | 27 | 757 |
Pricing History
Listed for Sale
Jul 30, 2026
$389,000
Initial Listing