638 S 111TH Lane, Avondale, AZ 85323, Avondale, 85323 - 3 bed, 3 bath
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Avondale, AZ 85323
This Spacious Two-Story Residence represents a High-Potential Investment Opportunity, listed at $395,000—positioned above the $343,957 Fair Market Value. While the property currently lacks an equity gap, its Fair Condition Rating and original 2005 finishes provide a clear path for value-add renovations. The home features a premium corner lot adjacent to a greenbelt, offering rare privacy. Despite lower-rated local schools, the proximity to the I-10 and Glendale Sports District ensures strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 638 S 111TH Lane Subject | $395,000* List Price | 3 | 3 | 1,964 | $175 | - |
A 513 S 115TH Drive Sold | $389,990 | 4 | 2 | 1,896 | $206 | 0.4 mi |
B 817 S 113TH Avenue Sold | $414,000 List Price | 4 | 2 | 1,977 | 0.2 mi | |
C 11794 W BELMONT Drive Sold | $415,000 | 4 | 3 | 2,326 | $178 | 0.8 mi |
D 10768 W MONROE Street Sold | $410,000 | 4 | 2 | 1,873 | $219 | 0.8 mi |
E 10809 W JEFFERSON Street Sold | $418,000 | 4 | 2 | 2,016 | $207 | 0.6 mi |
F 11555 W LINCOLN Street Active | $385,000 List Price | 3 | 2 | 1,876 | $205 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2005, making it 21 years old. Based on the images, the kitchen and interior finishes appear to be original to the build date without significant recent renovations. While the home is functional and well-kept, it is dated and likely has original systems (HVAC/Electric) nearing the end of their typical 20-year lifespan, fitting the criteria for Fair condition.
The property is situated on a desirable corner lot adjacent to a greenbelt with no neighbors on one side or behind, offering a rare level of privacy and open views for a suburban development.
With 1,964 square feet of living space including a flexible loft and separate formal and informal living areas, the floor plan is well-suited for multi-generational living or a home office setup.
Excellent proximity to the I-10 freeway and the Glendale Sports & Entertainment District provides residents with convenient access to major employers, professional sports, and premier shopping.
The assigned elementary and high schools currently hold lower performance ratings (3/10), which may be a significant consideration for families prioritizing educational metrics.
Built in 2005, the home may require cosmetic updates or landscaping investments to align with modern design trends and compete with newer residential inventory in the area.
Welcome to this spacious two-story home situated on a desirable corner lot surrounded by greenbelt - no neighbors on one side or behind! Featuring 3 bedrooms, 2.5 bathrooms, and a versatile loft, this home offers plenty of room for comfortable living and entertaining. Enjoy the formal living and dining areas, plus a spacious family room that opens seamlessly to the kitchen, creating the perfect gathering space. Step outside to a generously sized backyard with endless possibilities to relax, entertain, and make it your own. Conveniently located near the I-10 freeway with easy access to the Glendale Sports & Entertainment District - football stadium, shopping, dining, golfing, and a short drive to Phoenix Raceway. A fantastic opportunity to enjoy everything the West Valley has to offer!
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,964 | 1,896 | 53% |
| Lot Size | 6,111 | 6,496 | 39% |
| Price | $395.0K | $360.0K | 65% |
| Price per sq ft | $201 | $182 | 58% |
| Built year | 2005 | 2004 | 54% |
| HOA | $92 | $57 | 89% |
| Days on market | 9 | 2661 | 2% |
May 28, 2026
$395,000
Initial Listing