6153 N 28th Place, Phoenix, AZ 85016, Phoenix, 85016 - 2 bed, 2 bath
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Phoenix, AZ 85016
This Value-Add Biltmore Condominium is listed at $499,000, currently positioned above the $344,172 Fair Market Value. Featuring Scenic Lake Views and a Desirable Single-Level Layout, the property is situated in the elite Biltmore Courts II subdivision. With a Condition Rating of 5, the residence requires a Full Remodel and significant TLC to modernize its 1985 bones. Located within the Madison Heights Elementary district and walking distance to premium dining, this is a strategic project for Fix-and-Flip Investors or Contractors looking to customize a premier asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6153 N 28th Place Subject | $499,000* List Price | 2 | 2 | 1,185 | $290 | - |
A 5223 N 24TH Street 206 Sold | $475,000 | 2 | 2 | 1,189 | $399 | 1.0 mi |
B 5201 N 24TH Street 206 Sold | $420,000 | 2 | 2 | 1,189 | $353 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 (39 years old) and explicitly marketed as requiring a 'full remodel' and 'TLC.' Visual evidence shows unfinished interior paint, dated kitchen cabinetry, and significant stucco deterioration/peeling on the exterior patio pillars, indicating a need for a complete rehab.
Situated in the prestigious Biltmore Courts II, this property is within walking distance of Biltmore Fashion Park and premium dining, offering an elite lifestyle in a highly sought-after Phoenix corridor.
The unit features rare and tranquil lake views from the patio and living areas, providing a unique aesthetic advantage and a serene atmosphere that is highly valued in the desert landscape.
The functional 2-bedroom, 2-bathroom floor plan is entirely on one level, making it an ideal choice for those seeking accessibility and ease of movement without the burden of stairs.
The property is being sold in as-is condition and requires a full remodel, which will necessitate a significant additional investment of time and capital from the buyer.
With an association fee of $675 per month, the recurring costs are relatively high, which may impact the overall affordability and investment yield for potential owners.
Single-level condo in Biltmore Courts II with Lake Views. Features include wood floors, granite counters, built-in bookcases, French doors to patio overlooking the lake. This property has great bones and is in need of TLC. Great for an Investor or end user looking to make it their own. 2bd/2ba with wonderful views, Kitchen opens to living area, walk-in closet in primary suite and all on one level. Located near the tennis courts, clubhouse, and pool. Incredible location and a close walk to Biltmore Fashion Park and Premium restaurants. Property is being sold in as-is condition and requires a full remodel. Ideal for a full-time, part-time, or investment opportunity. PLEASE ALLOW AN EXTRA 7-10 DAYS FOR RESPONSE. SELLER'S LIVE OUTSIDE THE COUNTRY.
No exterior & parking available.
Grades PK-4 • 1.1 mi
Grades 5-8 • 1.4 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,185 | 1,185 | 50% |
| Lot Size | 1,204 | 1,008 | 74% |
| Price | $499.0K | $381.5K | 77% |
| Price per sq ft | $421 | $312 | 78% |
| Built year | 1985 | 1984 | 53% |
| HOA | $675 | $365 | 76% |
| Days on market | 3 | 1430 | 1% |
Apr 23, 2026
$499,000
Initial Listing