6943 W MONTEROSA Circle 1390, Phoenix, AZ 85033, Phoenix, 85033 - 2 bed, 2 bath
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Phoenix, AZ 85033
This Move-In Ready Townhouse represents a High-Potential Investment Opportunity, listed at $174,900—positioned well below the $309,033 Fair Market Value by 43%. This significant valuation gap provides $134,133 in Instant Equity. The property maintains a Condition Rating of 3, featuring upgraded 18x18 tile, laminate wood flooring, and a private covered patio. With a recently replaced water heater and a functional two-level layout, the home minimizes immediate capital expenditures. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-equity starter home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6943 W MONTEROSA Circle 1390 Subject | $174,900* List Price | 2 | 2 | 1,188 | $260 | - |
A 4102 N 69TH Lane 1406 Sold | $178,000 List Price | 3 | 3 | 1,264 | 0.0 mi | |
B 3646 N 69TH Avenue 92 Sold | $141,100 | 2 | 1 | 950 | $149 | 0.4 mi |
C 4622 N 71ST Lane Sold | $125,939 | 3 | 2 | 1,050 | $120 | 0.7 mi |
D 6855 W DEVONSHIRE Avenue Active | $175,000 List Price | 2 | 1 | 924 | $189 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring significant cosmetic updates such as upgraded 18x18 tile and laminate wood flooring throughout. While the kitchen and bathrooms retain older-style cabinetry and laminate countertops consistent with the 1980 build year, they have been refreshed with modern black faucets and updated light fixtures. The interior paint appears fresh, and the water heater is relatively new (3 years old), indicating consistent upkeep and minimal immediate maintenance needs.
The home features modern 18x18 tile and laminate wood flooring throughout, providing a move-in ready aesthetic that minimizes immediate renovation costs for the buyer.
A private covered patio offers a dedicated space for relaxation and entertaining, which is a highly desirable feature for townhouse living in the Phoenix climate.
The water heater was replaced just three years ago, offering buyers added peace of mind and reducing the likelihood of near-term capital expenditures.
The assigned middle and high schools carry lower ratings (3/10), which may impact long-term resale value or appeal to families prioritizing education.
Built in 1980, the property may require ongoing attention to original systems or structural components common in homes of this vintage despite the cosmetic updates.
Spacious and move-in ready townhouse featuring a desirable two-level layout with an open floor plan. This home offers a cozy wood-burning fireplace, upgraded 18x18 tile, and laminate wood flooring in all the right areas. The kitchen includes a newer sink, and the water heater was replaced just 3 years ago for added peace of mind. Enjoy outdoor living with a private covered patio--perfect for relaxing or entertaining. A great combination of comfort, style, and convenience!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 63% |
| Square foot | 1,188 | 840 | 73% |
| Lot Size | 804 | 1,498 | 7% |
| Price | $174.9K | $164.0K | 57% |
| Price per sq ft | $147 | $184 | 37% |
| Built year | 1980 | 1983 | 20% |
| HOA | $250 | $107 | 90% |
| Days on market | 26 | 2228 | 3% |
Mar 31, 2026
$174,900
Initial Listing