7028 S 12th Place, Phoenix, AZ 85042, Phoenix, 85042 - 5 bed, 3 bath
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Phoenix, AZ 85042
This Modern Two-Story Residence is a Strong Value Opportunity, listed at $539,900—positioned well below the $550,074 Fair Market Value by 1.87%. This valuation gap offers $10,174 in Instant Equity for the buyer. Featuring an Excellent Condition Rating and a 2021 build date, the home includes a modern kitchen with stone countertops and a private patio. Located in the gated Cortona community, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, secure lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7028 S 12th Place Subject | $539,900* List Price | 5 | 3 | 2,904 | $189 | - |
A 1313 E GLASS Lane Sold | $462,300 | 4 | 3 | 1,946 | $238 | 0.2 mi |
B 737 E HARWELL Road Sold | $455,000 | 4 | 3 | 2,351 | $194 | 0.7 mi |
C 737 E HARWELL Road Sold | $455,000 | 4 | 3 | 2,351 | $194 | 0.7 mi |
D 836 E GARY Lane Active | $575,000 List Price | 3 | 4 | 2,779 | $207 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this 5-year-old home is in mint condition. It features a modern kitchen with white shaker cabinets, stone countertops, and stainless steel appliances. The bathrooms are updated with contemporary tile work, and the systems (HVAC/Electric) are near-new, requiring no maintenance.
Built in 2021, this nearly new residence offers a generous 2,904 sqft floor plan with 5 bedrooms, providing contemporary finishes and ample space that is difficult to find at this price point.
Situated within the Cortona gated community, the property offers enhanced privacy and security along with well-maintained neighborhood amenities including parks and playgrounds.
The location provides a perfect balance of lifestyle and convenience, offering proximity to South Mountain outdoor recreation while remaining minutes from Downtown Phoenix and Sky Harbor Airport.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The 6,083 sqft lot is relatively small for a home of nearly 3,000 sqft, which may limit backyard privacy and space for significant outdoor improvements like a large pool.
The $155 monthly association fee represents a recurring carrying cost that may impact the debt-to-income ratio for some buyers compared to non-gated alternatives.
Public Remarks: Beautiful two-story home in the gated Cortona community featuring 5 bedrooms, 3 full bathrooms, a 2-car garage, and an open floor plan designed for comfortable living. This spacious home offers great natural light, a welcoming layout, and flexible space for family, guests, a playroom, or home office. The gated community provides added privacy and peace of mind, along with neighborhood amenities such as parks and playgrounds. Conveniently located near South Mountain, downtown Phoenix, Sky Harbor, shopping, dining, and major freeways. Don't miss the opportunity to own a beautiful home in a desirable Phoenix community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 2,904 | 1,869 | 86% |
| Lot Size | 6,083 | 7,109.5 | 26% |
| Price | $539.9K | $399.5K | 76% |
| Price per sq ft | $186 | $226 | 32% |
| Built year | 2021 | 2000 | 96% |
| HOA | $155 | $96 | 76% |
| Days on market | 6 | 1435 | 0% |
Jun 1, 2026
$539,900
Initial Listing