720 E ALICE Avenue 201, Phoenix, AZ 85020, Phoenix, 85020 - 2 bed, 2 bath
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Phoenix, AZ 85020
This Move-In Ready Condo is listed at $192,000, offering a stable and accessible entry point near its $189,081 Fair Market Value. Maintaining a Fair Condition Rating, the residence features a spacious great room with a fireplace, a built-in dry bar, and a private patio overlooking the community pool and mountain views. Its location within the prestigious Sunnyslope High School boundaries adds significant long-term resale appeal and lifestyle value. This property is a perfect fit for first-time buyers or Owner-Occupants seeking a polished, budget-friendly sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 720 E ALICE Avenue 201 Subject | $192,000* List Price | 2 | 2 | 850 | $222 | - |
A 750 E NORTHERN Avenue 2013 Sold | $180,000 List Price | 2 | 2 | 1,022 | 0.8 mi | |
B 1238 E VOGEL Avenue 2 Sold | $243,000 List Price | 2 | 2 | 1,152 | 0.8 mi | |
C 720 E ALICE Avenue 206 Active | $205,000 List Price | 2 | 2 | 850 | $241 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1984, placing it at 40 years old, which falls within the 'Fair' category for homes built 25-40 years ago without a documented major renovation. While the listing describes the unit as 'pristine' and 'move-in-ready,' the absence of interior images of the kitchen and bathrooms makes it impossible to verify modern updates. Based on the age and description, the property appears to be well-maintained through regular upkeep but likely retains older styles and functional but dated components.
Priced under $200,000 for a move-in ready 2-bedroom, 2-bathroom unit, this property represents one of the most affordable entry points in the Phoenix market for its condition.
The property is located within the boundaries of the highly-regarded Sunnyslope High School, which is a significant draw for families and helps maintain long-term resale value.
The unit offers scenic mountain views and a private patio overlooking the community pool, complemented by functional features like a fireplace and a built-in dry bar.
At 850 square feet for a two-bedroom layout, the interior may feel restrictive for buyers seeking more spacious living areas or larger bedrooms.
While the high school is a major strength, the assigned elementary and middle schools carry lower performance ratings, which could be a concern for parents of younger children.
*New Pics Coming Soon* One of the best values for a 2 bed, 2 bath condo in pristine, move-in-ready condition. The spacious great room with a fireplace flows into the kitchen and dining area, which features a built-in dry bar and additional storage. Sliding doors open to a private covered patio with a large storage room, overlooking the community pool and common area. Located in a small, well-kept community with covered parking just steps from the unit, and conveniently close to shopping and dining.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 5-8 • 2.1 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 850 | 1,022.5 | 11% |
| Lot Size | 83 | 964 | 8% |
| Price | $192.0K | $247.5K | 29% |
| Price per sq ft | $226 | $261 | 35% |
| Built year | 1984 | 1985 | 47% |
| HOA | $250 | $288 | 35% |
| Days on market | 9 | 1646 | 2% |
Apr 16, 2026
$192,000
Initial Listing