5903 S 31ST Drive, Phoenix, AZ 85041, Phoenix, 85041 - 4 bed, 2 bath
Loading property details...
Phoenix, AZ 85041
This property presents a High-Potential Investment Opportunity with a List Price of $328,000—positioned well below the $337,592 Fair Market Value by 2%. This valuation gap offers $9,592 in Instant Equity for buyers. With a Fair Condition Rating, the 1,600 sq ft, 4-bedroom layout provides a significant value-add opportunity through cosmetic updates. While school ratings are modest, the home’s walkability to shopping centers and superior bedroom count make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5903 S 31ST Drive Subject | $328,000* List Price | 4 | 2 | 1,600 | $211 | - |
A 5609 S 31ST Drive Sold | $372,500 | 3 | 2 | 1,601 | $233 | 0.2 mi |
B 5609 S 31ST Drive Sold | $372,500 | 3 | 2 | 1,600 | $233 | 0.2 mi |
C 6525 S 37TH Lane Sold | $360,000 | 3 | 2 | 1,493 | $241 | 0.9 mi |
D 3302 W HIDALGO Avenue Sold | $389,000 | 4 | 3 | 2,229 | $175 | 0.2 mi |
E 3111 W PARK Street Sold | $385,000 | 4 | 2 | 1,531 | $251 | 0.9 mi |
F 3316 W SAINT KATERI Drive Sold | $409,000 | 4 | 2 | 1,759 | $233 | 0.6 mi |
G 3149 W MALDONADO Road Sold | $300,000 | 4 | 2 | 1,490 | $201 | 0.7 mi |
H 2537 W Novak Way W Sold | $342,000 | 3 | 2 | 1,316 | $260 | 0.7 mi |
I 3255 W SUNLAND Avenue W Pending | $340,000 List Price | 3 | 2 | 1,601 | $212 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, placing it in the 'Fair' category. The listing description explicitly mentions the home is being sold 'as-is' and needs a 'personal touch' to 'add value,' indicating that the kitchen, bathrooms, and systems are likely original and dated, requiring cosmetic updates and minor repairs.
With 4 bedrooms compared to the area's typical 3-bedroom inventory, this 1,600 sq ft home offers a competitive advantage for larger families or those needing extra office space.
Built in 2004 with 'strong bones,' the property presents a significant opportunity for buyers to build immediate equity through cosmetic updates and personal touches.
The home is situated within walking distance to several shopping centers, offering residents easy access to retail, dining, and daily necessities.
The property is being sold in as-is condition, which implies a need for immediate investment in repairs or modernization by the new owner.
The assigned elementary and high schools both carry a rating of 3, which may be a concern for education-focused buyers and could impact long-term resale value.
Great opportunity for a homebuyer looking to add value upon immediate move-in. In the sea of 3 bed 2 bath options in the area this 1600 sq ft 4bedroom 2 bath stands out.A 2004 build with strong bones just looking for personal touch from the right buyer. Home is to be purchased in As-is condition. Walking distance to several shopping centers. Buyer to verify all facts
No exterior & parking available.
Grades K-8 • 0.6 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,600 | - |
| Lot Size | 4,995 | - |
| Price | $328.0K | $495.4K |
| Price per sq ft | $205 | $290 |
| Built year | 2004 | 0 |
| HOA | $82 | $0 |
| Days on market | 26 | 1260 |
Jun 27, 2026
$328,000
Initial Listing