
Phoenix, AZ 85042
This Completely Rebuilt Turnkey Residence is listed at $450,000, representing a premium asset with a Condition Rating of 2 due to its total "studs-out" reconstruction. Although positioned above the $372,919 Fair Market Value, the property justifies its price with high-end finishes including a modern quartz kitchen, new stainless appliances, and wood-look flooring. The expansive 8,403 sqft corner lot features a covered patio and the financial advantage of no HOA fees. This move-in-ready home is a perfect match for Owner-Occupants or first-time buyers seeking a polished, worry-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6426 S 47TH Street Subject | $399,000* List Price | 3 | 2 | 1,200 | $314 | - |
A 4325 E VINEYARD Road Sold | $385,000 | 5 | 3 | 1,548 | $249 | 0.4 mi |
B 6819 S 40TH Way Sold | $438,000 | 4 | 3 | 1,568 | $279 | 0.8 mi |
C 6819 S 40TH Way Sold | $438,000 | 4 | 3 | 1,568 | $279 | 0.8 mi |
D 6808 S 41ST Street Pending | $364,900 List Price | 3 | 2 | 1,265 | $288 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a complete 'studs-out' renovation, effectively making it a new home. It features a modern kitchen with quartz countertops and new stainless steel appliances, updated bathrooms with contemporary finishes, and new wood-look flooring throughout. Given the total rebuild, systems and cosmetics are in mint condition, meeting the criteria for a high-end renovation under 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8403, living area = 1200.
The home was stripped to the studs and fully rebuilt, offering the peace of mind of a new construction with high-end finishes like quartz countertops, new stainless steel appliances, and wood-look flooring.
Situated on a generous 8,403 sqft corner lot, the property features a large backyard with a covered patio and rear vehicle entry, providing excellent utility and privacy.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1200, other record living area = 1430.
At only 1,200 square feet, the interior may feel cramped for families or those requiring a home office, potentially limiting the property's appeal to a narrower buyer pool.
The local middle and high schools carry a rating of 3/10, which may be a significant drawback for families prioritizing academic performance and could impact future resale value.
*BACK ON MARKET DUE TO NO FAULT OF SELLERS* APPRAISAL IN HAND! Enjoy easy living in this completely RENOVATED (home was torn down to the studs and rebuilt) single-story 3-bed/2-bath home perfectly situated on a corner lot! Check out the harmonious open floor plan filled with cozy charm, showcasing wood-look flooring, bountiful natural light, and fresh paint throughout. Upgraded kitchen offers glossy all NEW stainless steel appliances, ample cabinet space, recessed lighting, sleek quartz counters, and a center island with a breakfast bar, ideal for a late snack or casual dining. Impeccable primary bedroom provides a walk-in closet with a trendy barn door and a pristine bathroom with an enclosed glass shower for a clean, modern finish. Spacious backyard includes a covered patio . . . and rear vehicle entry. This gem is in close proximity to the local school and is ready for you to move in! Hurry!
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 2.5 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,200 | - |
| Lot Size | 8,403 | - |
| Price | $399.0K | $495.4K |
| Price per sq ft | $332 | $290 |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 83 | 1260 |
Jun 19, 2026
$399,000
$411,000
-3% Price Drop
Initial Listing
Jun 5, 2026
$411,000
$419,000
-2% Price Drop
Initial Listing
May 25, 2026
$419,000
$430,000
-3% Price Drop
Initial Listing
May 14, 2026
$430,000
$450,000
-4% Price Drop
Initial Listing
May 1, 2026
$450,000
Initial Listing