6981 W MELINDA Lane, Glendale, AZ 85308, Glendale, 85308 - 3 bed, 2 bath
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Glendale, AZ 85308
This Spacious Suburban Residence is a Strong Value Opportunity, listed at $570,000—positioned well below the $628,202 Fair Market Value by 9%. This valuation gap offers $58,202 in Instant Equity for incoming buyers. While the property maintains a Fair Condition Rating with its original 1998 finishes, the 2,443 sqft layout includes a versatile den and a private backyard spa. Located within the boundaries of top-rated schools like Legend Springs Elementary (9/10), it balances immediate financial upside with long-term lifestyle 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 |
|---|---|---|---|---|---|---|
★ 6981 W MELINDA Lane Subject | $570,000* List Price | 3 | 2 | 2,443 | $257 | - |
A 6568 W MELINDA Lane Sold | $563,000 | 4 | 2 | 2,164 | $260 | 0.4 mi |
B 7478 W MONONA Drive Sold | $610,000 | 4 | 3 | 2,477 | $246 | 0.8 mi |
C 6659 W MONONA Drive Sold | $485,000 | 3 | 3 | 2,111 | $230 | 0.5 mi |
D 6858 W Potter Drive Sold | $585,000 | 4 | 3 | 2,297 | $255 | 0.7 mi |
E 7477 W FIREBIRD Drive Sold | $530,000 | 4 | 3 | 2,169 | $244 | 0.7 mi |
F 6765 W MELINDA Lane Pending | $549,900 List Price | 3 | 2 | 1,951 | $282 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1998 and appears to be in well-maintained, original condition. While move-in ready, the kitchen and bathrooms feature dated styles, including oak cabinetry and older white appliances that are consistent with the late 90s construction. The flooring and fixtures show no signs of recent modern updates. Per the criteria, it falls into the 'fair' category as it is over 20 years old with functional but outdated major components and no evidence of a comprehensive renovation within the last 15 years.
Elementary School: Legend Springs Elementary School (9/10). Middle School: Sierra Verde Elementary School (9/10).
The 2,443 sqft layout includes a dedicated den, providing essential flexibility for a home office, media room, or potential fourth bedroom conversion to suit modern lifestyle needs.
The property is ideally located within a high-performing school district, featuring close proximity to top-rated schools like Copper Creek Elementary (8/10) and Legend Springs Elementary (9/10).
Built in 1998, the home may soon require updates to major systems or cosmetic refreshments to align with modern design trends and energy efficiency standards.
With only three formal bedrooms for over 2,400 square feet of living space, the home may have a lower bedroom-to-square-footage ratio than some buyers in this price bracket expect.
Step into this well maintained 3 bedroom, 2 bath home featuring a versatile den perfect for a home office, media room, or additional living space. The thoughtfully designed layout offers both comfort and functionality for everyday living. Enjoy a low maintenance rocked front yard and a spacious grass backyard, ideal for relaxing, entertaining, or outdoor activities. Mature fruit trees add charm and character, while the private spa creates your own peaceful retreat. Located in a desirable area close to shopping, dining, and popular attractions, this home offers both convenience and a welcoming atmosphere. Don't miss the chance to make this inviting property your own!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 1.0 mi
Grades PK-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,443 | 1,925 | 77% |
| Lot Size | 8,280 | 7,836 | 58% |
| Price | $570.0K | $388.0K | 83% |
| Price per sq ft | $233 | $231 | 51% |
| Built year | 1998 | 1994 | 83% |
| HOA | $450 | $95 | 98% |
| Days on market | 22 | 2540 | 0% |
Mar 31, 2026
$570,000
Initial Listing