
Phoenix, AZ 85043
This Spacious Move-In Ready Home is a Prime Investment Opportunity, listed at $359,900—positioned well below the $371,558 Fair Market Value by 3%. This valuation gap provides $11,658 in Instant Equity. While maintaining a Fair Condition Rating, the property features hardwood floors, a versatile loft, and a new water heater. The extended concrete patio and desirable exposure offer lifestyle benefits near Riverside Traditional, Kings Ridge, and Betty Fairfax High. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6427 W CORDES Road Subject | $359,900* List Price | 3 | 3 | 1,744 | $213 | - |
A 6410 W Hughes Drive Sold | $406,181 | 3 | 3 | 1,740 | $233 | 0.3 mi |
B 6410 W HUGHES Drive Sold | $406,181 | 3 | 3 | 1,740 | $233 | 0.3 mi |
C 6410 W HUGHES Drive Sold | $406,181 | 3 | 3 | 1,740 | $233 | 0.3 mi |
D 4110 S 62ND Lane Sold | $349,000 | 3 | 2 | 1,441 | $242 | 0.8 mi |
E 6625 W YUMA Street Sold | $265,000 | 3 | 2 | 1,392 | $190 | 0.9 mi |
F 6425 W MAGNOLIA Street Sold | $375,000 List Price | 3 | 2 | 1,440 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is 26 years old, placing it in the 'Fair' category (>20y). While the home is clean and move-in ready with a new water heater (2025) and updated laminate flooring in bedrooms, the kitchen and main living areas feature dated original tile and fixtures that lack a modern renovation.
The home is exceptionally well-maintained with hardwood flooring and a brand-new water heater installed in December 2025, offering a turnkey experience for immediate occupancy.
The 1,744 sqft floor plan features a flexible upstairs loft and a spacious primary suite, providing the necessary adaptability for a home office, playroom, or additional lounge area.
The property benefits from a desirable north/south exposure to manage heat gain, paired with an extended concrete patio slab in the backyard perfect for outdoor entertaining.
The assigned elementary and middle schools carry lower performance ratings (3 and 4 out of 10), which may be a deterrent for education-focused families and impact future appreciation.
With 37 days on market and a recent $19,100 price reduction, the property has faced initial challenges in securing a buyer at its original valuation.
Welcome to your next home in the desirable Meadows community! This clean, move-in ready home offers a spacious and functional floor plan featuring 3 bedrooms upstairs plus a versatile loft, hardwood floor, and generous living space designed for comfort and flexibility. The inviting layout features a large family room, dining area, and a kitchen with ample cabinet storage that opens nicely to the main living areas. Upstairs, the primary suite includes double-door entry, dual sinks, and a walk-in closet. Additional highlights include inside laundry, north/south exposure, a new water heater was installed Dec. 2025, spacious backyard with an extended concrete patio slab - perfect for relaxing or entertaining. Conveniently located near schools parks, shjopping and easy freeway access.
No exterior & parking available.
Grades PK-4 • 1.8 mi
Grades 5-8 • 0.4 mi
Grades 9-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,744 | - |
| Lot Size | 4,950 | - |
| Price | $359.9K | $495.4K |
| Price per sq ft | $206 | $290 |
| Built year | 2000 | 0 |
| HOA | $135 | $0 |
| Days on market | 113 | 1260 |
May 4, 2026
$359,900
$379,000
-5% Price Drop
Initial Listing
Mar 31, 2026
$379,000
Initial Listing