
Phoenix, AZ 85014
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $525,000—positioned well below the $548,392 Fair Market Value by 4%. This valuation gap provides $23,392 in Instant Equity. With a Condition Rating of 3, the home features significant system upgrades, including a 6-year-old AC and newer roof. The large lot size and prime Central Phoenix location offer excellent long-term stability. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained asset with immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6308 N 13TH Place Subject | $500,000* List Price | 3 | 2 | 1,698 | $314 | - |
A 934 E BERRIDGE Lane Sold | $612,500 | 4 | 2 | 1,824 | $336 | 0.6 mi |
B 6804 N 11TH Street Sold | $575,000 | 4 | 2 | 1,533 | $375 | 0.6 mi |
C 6008 N 9TH Street Sold | $630,000 | 3 | 3 | 1,690 | $373 | 0.7 mi |
D 6707 N 10TH Street Sold | $445,000 | 4 | 2 | 1,736 | $256 | 0.6 mi |
E 6036 N 8TH Street Sold | $360,000 List Price | 3 | 2 | 1,648 | 0.7 mi | |
F 1022 E KEIM Drive Sold | $540,000 | 3 | 2 | 1,710 | $316 | 0.4 mi |
G 1022 E KEIM Drive Sold | $540,000 | 3 | 2 | 1,710 | $316 | 0.4 mi |
H 722 E MCLELLAN Boulevard Sold | $575,000 | 3 | 2 | 1,558 | $369 | 0.7 mi |
I 940 E Berridge Lane Pending | $480,000 List Price | 3 | 2 | 1,558 | $308 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1957, the home is well-maintained and move-in ready with significant system updates including a 6-year-old AC, newer roof, and updated windows. The kitchen and bathrooms, while dated in aesthetic, are fully functional and clean, reflecting strong pride of ownership rather than neglect.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7349, living area = 1698.
Situated in the highly sought-after Ribar Terrace neighborhood of Central Phoenix, offering excellent proximity to local amenities and a desirable community feel.
The property features significant recent improvements including updated windows, a 6-year-old AC unit, and a newer roof, providing peace of mind and reducing near-term maintenance costs.
The home features only a single carport, which may be insufficient for households with multiple vehicles or those seeking enclosed garage space.
Built in 1957, the property retains historical charm but may require ongoing attention to vintage infrastructure typical of homes from this era.
Stop the tape! You'll want to lock this house away. Don't just stand there, operate on writing an offer as soon as possible. You do not want to miss out on this opportunity to own one of the prized jewels this perfectly situated and highly sought after Central Phoenix neighborhood! Thie home has the most luscious and mature front yard climbing tree you only see in the movies. Sure, there's only one carport but look at all of the extra space you get with those pavers! Inside you will see plenty of historical well-preserved charm bursting with pride of ownership. The windows have been updated; the AC is 6 years old and the roof was done not too long ago as well. Look at this backyard with all of the amazing shade, it's like your own private garden in the desert. This home has it all! This is your moment. If you had one shot, one opportunity to grab the house you've always wanted... would you capture it, or just let it slip?
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,698 | 1,850.5 |
| Lot Size | 7,349 | 7,313 |
| Price | $500.0K | $481.7K |
| Price per sq ft | $294 | $289 |
| Built year | 1957 | 1987 |
| HOA | $0 | $175 |
| Days on market | 31 | 757 |
Aug 11, 2026
$500,000
$525,000
-5% Price Drop
Initial Listing
Jul 24, 2026
$525,000
Initial Listing