6816 N 29TH Lane, Phoenix, AZ 85017, Phoenix, 85017 - 4 bed, 2 bath
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Phoenix, AZ 85017
This Spacious Modernized Townhome represents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well below the $819,234 Fair Market Value by 54%. This significant valuation gap secures $444,234 in Instant Equity. The property maintains a Move-in Ready Condition Rating featuring a 2024 Roof, Granite Kitchen, and a private backyard with an included Hot Tub and park views. Located near Grand Canyon University, it offers immense lifestyle and rental appeal. 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 |
|---|---|---|---|---|---|---|
★ 6816 N 29TH Lane Subject | $375,000* List Price | 4 | 2 | 1,955 | $419 | - |
A 6824 N 29TH Lane Sold | $344,000 | 3 | 2 | 1,700 | $202 | 0.0 mi |
B 6824 N 29TH Lane Sold | $344,000 | 3 | 2 | 1,700 | $202 | 0.0 mi |
C 6839 N 29TH Avenue Sold | $305,000 | 3 | 2 | 1,505 | $203 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent capital improvements, including a new roof installed in 2024, a newer AC system, and updated windows and plumbing. The kitchen has been modernized with granite countertops and updated cabinetry. While the bathrooms and some fixtures reflect a slightly older style, the home is well-maintained with durable tile flooring and functional systems that are within their expected lifespan.
The property features significant high-ticket upgrades including a new roof installed in 2024 with a 10-year warranty, a newer AC system, and updated windows and plumbing, offering buyers peace of mind and reduced immediate maintenance costs.
Boasting four bedrooms and nearly 2,000 square feet, this townhome provides an unusually generous layout for its type, complemented by a modernized kitchen with granite countertops and durable tile flooring throughout.
The home offers superior outdoor living options compared to typical townhomes, featuring a fully fenced private backyard with an included hot tub and a separate front courtyard for additional relaxation space.
Built in 1972, the property may still harbor some original structural elements or a floor plan that feels less contemporary than modern builds, despite the extensive system updates.
The $240 monthly HOA fee increases the recurring carrying costs and subjects the owner to community regulations that may limit flexibility regarding exterior modifications and property usage.
Welcome to this spacious townhome located in a well-maintained community featuring a grassy park, large community pool, and clubhouse. With four bedrooms and two bathrooms, this home offers both a comfortable living room and a separate family room, creating flexible space for everyday living and entertaining. The kitchen has been updated with granite countertops and black appliances, while durable tile flooring runs throughout the main living areas. Large windows across the back of the home bring in natural light and provide views of the fully fenced backyard and open grassy area beyond. Step outside to enjoy the private backyard, complete with a hot tub that is included with the home. The front courtyard provides another inviting outdoor space to relax and enjoy the neighborhood setting Improvements include windows, plumbing, a newer air conditioning system and roof was redone in 2024 with a 10 year warranty. The laundry room offers additional storage space, and the HOA maintains the front landscaping for added convenience. Ideally located with convenient access to downtown Phoenix, Grand Canyon University, and nearby shopping, dining, and transportation routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 94% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,955 | 986 | 94% |
| Lot Size | 6,673 | 1,825 | 94% |
| Price | $375.0K | $160.0K | 94% |
| Price per sq ft | $192 | $166 | 53% |
| Built year | 1972 | 1974 | 41% |
| HOA | $240 | $200 | 76% |
| Days on market | 46 | 2179 | 6% |
Mar 10, 2026
$375,000
Initial Listing