6427 W CORDES Road, Phoenix, AZ 85043, Phoenix, 85043 - 3 bed, 3 bath
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Phoenix, AZ 85043
This Spacious Move-In Ready Residence represents a High-Potential Investment Opportunity, listed at $379,000—positioned well below the $463,271 Fair Market Value by 18%. This significant valuation gap secures $84,271 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home includes a versatile loft, hardwood flooring, and a new water heater (2025). The property offers a functional layout and an extended concrete patio, balancing immediate lifestyle comfort with forced appreciation potential. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6427 W CORDES Road Subject | $379,000* List Price | 3 | 3 | 1,744 | $266 | - |
A 4110 S 62ND Lane Sold | $349,000 | 3 | 2 | 1,441 | $242 | 0.8 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 6410 W HUGHES Drive Sold | $406,181 | 3 | 3 | 1,740 | $233 | 0.3 mi |
E 7218 W KINGMAN Street Sold | $299,900 List Price | 4 | 2 | 1,735 | 1.0 mi | |
F 7126 W WINSLOW Avenue Sold | $309,000 List Price | 3 | 2 | 1,905 | 0.9 mi | |
G 6205 W Encinas Lane Active | $375,000 List Price | 3 | 2 | 1,441 | $260 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2000, making it 26 years old as of the 2026 listing date. While the home is described as move-in ready and clean with some updates like hardwood flooring and a new water heater (2025), it has not undergone a full recent renovation. It fits the 'fair' criteria as an aged home (25-40 years old) that has been well-maintained through regular upkeep but still features many original components and styles from its construction period.
The home is well-maintained and features a brand-new water heater installed in December 2025, offering immediate occupancy and reduced initial maintenance concerns for the buyer.
The floor plan includes a flexible upstairs loft and hardwood flooring, providing excellent adaptability for a home office, playroom, or additional living space to suit various lifestyle needs.
The property benefits from a desirable north/south exposure to help manage energy costs, complemented by a spacious backyard featuring an extended concrete patio slab ideal for entertaining.
The assigned public schools for this area currently hold lower performance ratings (ranging from 3 to 5), which may be a drawback for families prioritizing high-ranking educational districts.
Built in 2000, the home may soon require capital improvements for original major components, such as the roof or HVAC system, as they approach the end of their typical 25-year functional lifecycle.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,744 | 1,694 | 54% |
| Lot Size | 4,950 | 6,025 | 27% |
| Price | $379.0K | $325.0K | 74% |
| Price per sq ft | $217 | $180 | 67% |
| Built year | 2000 | 2005 | 17% |
| HOA | $135 | $82 | 91% |
| Days on market | 26 | 1141 | 1% |
Mar 31, 2026
$379,000
Initial Listing