
Phoenix, AZ 85033
This property presents a High-Potential Investment Opportunity with a List Price of $345,000—positioned well below the $333,259 Fair Market Value by -3%. While the property requires modernization, its Condition Rating of 4 and Durable Brick Construction provide a solid foundation for value-add renovations. The expansive 9,740 sqft lot and Diving Pool offer significant upside, complemented by the proximity to the highly-rated Sunset School (8/10). This asset is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through strategic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6411 W VERDE Lane Subject | $345,000* List Price | 3 | 2 | 2,004 | $180 | - |
A 6321 W CHEERY LYNN Road Sold | $410,000 | 4 | 2 | 1,905 | $215 | 0.3 mi |
B 3413 N 67TH Lane Sold | $340,000 List Price | 4 | 2 | 2,091 | 0.6 mi | |
C 6217 W FAIRMOUNT Avenue Sold | $380,000 | 4 | 3 | 1,819 | $209 | 0.9 mi |
D 7130 W MERRELL Street Sold | $347,000 | 4 | 2 | 2,021 | $172 | 0.9 mi |
E 7130 W MERRELL Street Sold | $347,000 | 3 | 2 | 2,021 | $172 | 0.9 mi |
F 6433 W CATALINA Drive Active | $349,500 List Price | 3 | 2 | 1,867 | $187 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972 (54 years old), the property is dated and sold 'as-is' needing TLC. While the kitchen has been refreshed with stainless steel appliances and painted cabinets, and a newer mini-split HVAC unit is visible, the home retains dated elements like drop ceilings and weathered exterior wood. It is functional but requires modernization and minor repairs to reach full potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9740, living area = 2004.
The property features a substantial 9,740 sqft lot and a private diving pool, offering significant outdoor living potential and recreational value rarely found at this price point.
Built with solid brick, this 2,004 sqft home provides a sturdy structural foundation and superior thermal insulation, which is highly desirable for the Arizona climate.
The property is sold in 'as-is' condition and requires 'TLC,' necessitating an additional capital investment for repairs and modernization to bring it up to current market standards.
While the elementary school is a highlight, the assigned middle and high schools both carry a low rating of 3, which may impact long-term resale value for families with older students.
Brick construction home featuring a diving pool and a huge lot in a charming neighborhood, offering exceptional value at this price point. Sold as-is, the property does need some TLC, but it presents a strong opportunity for buyers looking to renovate, update, and build equity. The solid structure, spacious lot size, and desirable pool create a great foundation for improvement and future upside. Ideal for investors or owner-occupants with vision, this home stands out as a promising opportunity with plenty of potential.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,004 | - |
| Lot Size | 9,740 | - |
| Price | $345.0K | $495.4K |
| Price per sq ft | $172 | $290 |
| Built year | 1972 | 0 |
| HOA | $0 | $0 |
| Days on market | 70 | 1260 |
May 14, 2026
$345,000
Initial Listing