5841 W MACKENZIE Drive, Phoenix, AZ 85031, Phoenix, 85031 - 5 bed, 3 bath
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Phoenix, AZ 85031
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $340,000—positioned well below the $363,810 Fair Market Value by 6%. This valuation gap offers $23,810 in Instant Equity for the buyer. The property maintains a Good Condition Rating with modern updates including quartz kitchen counters and newer flooring. Featuring a large lot with RV gate and covered patio, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, high-utility property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5841 W MACKENZIE Drive Subject | $340,000* List Price | 5 | 3 | 2,082 | $175 | - |
A 5833 W ROSEWOOD Lane Sold | $399,000 | 4 | 2 | 2,042 | $195 | 0.4 mi |
B 5858 W MINNEZONA Avenue Sold | $300,000 | 4 | 2 | 1,692 | $177 | 0.4 mi |
C 4625 N 57TH Avenue Sold | $420,000 | 4 | 2 | 2,127 | $197 | 0.6 mi |
D 4820 N 57TH Drive Sold | $330,000 | 4 | 2 | 1,704 | $194 | 0.8 mi |
E 4820 N 57TH Drive Sold | $239,900 List Price | 3 | 2 | 1,704 | 0.8 mi | |
F 5526 W INDIANOLA Avenue Pending | $359,995 List Price | 3 | 3 | 2,300 | $157 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1957, the interior has undergone significant recent renovations including an updated kitchen with quartz countertops, stainless steel appliances, and newer flooring throughout. The property is well-maintained and move-in ready, fitting the 5-15 year renovation criteria for a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8594, living area = 2082.
With 5 bedrooms and over 2,000 sq. ft. of living area, this property offers exceptional space for large families or multi-generational living at a competitive price point.
The home features newer flooring, fresh paint, and a modernized kitchen with quartz countertops, providing a move-in-ready aesthetic and reducing immediate renovation costs for the buyer.
Originally built in 1957, the property may have aging underlying systems such as plumbing or electrical typical of mid-century homes that could require future maintenance or upgrades.
While the home boasts 5 bedrooms, it only features 2.5 bathrooms, which may create functional challenges for a full household during peak morning or evening hours.
LIVING LARGE! This spacious (2,082 sq. ft.) home has an open floor plan, 5 bedrooms with 2.5 baths, large inside laundry room on a large lot with a huge backyard, a covered patio and an RV Gate. It has newer flooring, newer paint, updated kitchen cabinets with quartz kitchen counters. This home is perfect for a large family or anyone who loves a spacious home to entertain family and friends.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,082 | - |
| Lot Size | 8,594 | - |
| Price | $340.0K | $495.4K |
| Price per sq ft | $163 | $290 |
| Built year | 1957 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 1260 |
Jul 24, 2026
$340,000
Initial Listing