720 E CAROL Avenue, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
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Phoenix, AZ 85020
This Renovated Sunnyslope Residence is a Prime Investment Opportunity, listed at $379,000—positioned well below the $602,252 Fair Market Value by 37%. This significant valuation gap provides $223,252 in Instant Equity. Boasting a Condition Rating of 2, the home features a modern kitchen with a large island, triple-pane windows, and mountain views on a spacious quarter-acre lot with an RV gate and no HOA. Located near Sunnyslope High School, this turnkey property perfectly suits Owner-Occupants seeking rapid wealth accumulation or Buy-and-Hold Investors targeting high-yield assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 720 E CAROL Avenue Subject | $379,000* List Price | 3 | 2 | 1,040 | $579 | - |
A 9520 N CENTRAL Avenue Sold | $365,000 | 2 | 1 | 1,079 | $338 | 0.6 mi |
B 9520 N CENTRAL Avenue Sold | $365,000 | 2 | 1 | 1,079 | $338 | 0.6 mi |
C 1237 E RUTH Avenue Sold | $478,000 | 3 | 2 | 1,260 | $379 | 0.8 mi |
D 808 E CINNABAR Avenue Active Under Contract | $400,000 List Price | 3 | 2 | 1,167 | $343 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1972, the property has undergone an extensive recent renovation that brings it up to modern standards. The interior features a fully updated kitchen with white shaker cabinets, stainless steel appliances, and a large island. The home also boasts contemporary wood-look tile flooring, updated bathrooms, and high-value energy efficiency upgrades including triple-pane windows and exterior privacy shutters, making it move-in ready with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11102, living area = 1040.
The property sits on a generous quarter-acre lot featuring an RV gate and no HOA restrictions, offering significant flexibility for vehicle storage, outdoor projects, and lifestyle freedom.
Equipped with premium triple-pane windows and exterior privacy shutters, the home provides superior insulation and noise reduction, which are high-value assets for the Phoenix climate.
At 1,040 square feet for a three-bedroom, two-bathroom configuration, the interior living spaces and bedrooms may feel undersized for families or buyers accustomed to more modern, larger footprints.
The assigned elementary school has a low rating of 3, which may be a deterrent for families prioritizing high-performing primary education within their immediate district.
Welcome to the Slope, where mountain trails, local shops, and great restaurants are just minutes away. Sitting on a spacious ¼ acre lot with an RV gate and no HOA, this home gives you room to live freely. Inside, sunlight fills the open floor plan, creating an easy, welcoming flow. The kitchen features stainless steel appliances and a generous island that naturally becomes the gathering spot for stories and connection. Two guest bedrooms share a convenient Jack-and-Jill bath. The sunken primary suite feels like its own private retreat, complete with a full bath, closet, and separate exit. Energy-efficient triple-pane windows and exterior privacy shutters add comfort and peace of mind. This home delivers comfort, efficiency, and long-term value in one exceptional package.
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 9-12 • 0.8 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 | 1,040 | 1,918 | 9% |
| Lot Size | 11,102 | 8,306 | 71% |
| Price | $379.0K | $446.0K | 43% |
| Price per sq ft | $364 | $283 | 74% |
| Built year | 1972 | 1967 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 1413 | 0% |
Mar 24, 2026
$379,000
Initial Listing