
Phoenix, AZ 85022
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $540,000—positioned well below the $570,586 Fair Market Value by 5%. This valuation gap provides $30,586 in Instant Equity. Featuring an Excellent Condition Rating with recent 2022-2025 infrastructure upgrades, a diving pool, and a spacious 11,201 sqft lot, the home offers a premium lifestyle. While the local middle school rating is modest, the property’s move-in ready status makes it an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 720 E GRANDVIEW Road Subject | $540,000* List Price | 3 | 2 | 1,752 | $326 | - |
A 833 E Le Marche Avenue Sold | $500,000 | 3 | 2 | 1,304 | $383 | 0.2 mi |
B 1102 E GRANDVIEW Road Sold | $520,000 | 3 | 2 | 1,802 | $289 | 0.3 mi |
C 811 E CORAL GABLES Drive Sold | $694,900 List Price | 4 | 2 | 1,941 | 0.6 mi | |
D 702 E CORAL GABLES Drive Sold | $492,930 | 4 | 2 | 2,066 | $239 | 0.6 mi |
E 702 E CORAL GABLES Drive Sold | $492,930 | 4 | 2 | 2,066 | $239 | 0.6 mi |
F 816 E GRANDVIEW Road Active Under Contract | $560,000 List Price | 4 | 2 | 1,852 | $302 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features extensive recent renovations within the last 5 years, including wood-look tile flooring (2022), a modern primary bathroom with updated stone-look tile and glass enclosure, and major system upgrades such as a new water heater (2024), water softener (2025), and exterior sewer lines (2023). The home is in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11201, living area = 1752.
The property features a premium 11,201 sqft oversized lot with a diving pool and low-maintenance artificial turf, offering a superior backyard experience for the North Central Phoenix area.
Significant recent investments including new exterior sewer lines (2023), a 2024 water heater, and a 2025 water softener provide peace of mind and reduce immediate capital expenditure for the buyer.
The assigned middle school has a low rating of 2/10, which may be a deterrent for families prioritizing education and could impact long-term resale value.
Despite recent cosmetic and plumbing updates, the 1986 construction may still harbor original components, such as the roof or HVAC system, that are nearing the end of their functional lifespan.
Immaculate 3-bedroom, 2-bathroom home on a premium, oversized lot in North Central Phoenix. The sprawling, low-maintenance artificial-turf backyard features a diving pool, block fencing, & upgraded landscaping. The spacious great room floor plan features vaulted ceilings, wood-look tile floors t/o (2022), a wood-burning fireplace, and a kitchen with an island & stainless steel appliances. Premium security upgrades include window security roller screens. Recent updates include a new water softener (2025), RUDD water heater (2024), and new exterior sewer lines (2023). Excellent location with easy freeway access (101, 51, I-17) within the Paradise Valley Unified School District. Includes a 2-car garage and extended driveway.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades 7-8 • 2.8 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,752 | - |
| Lot Size | 11,201 | - |
| Price | $540.0K | $495.4K |
| Price per sq ft | $308 | $290 |
| Built year | 1986 | 0 |
| HOA | $36 | $0 |
| Days on market | 14 | 1260 |
Jul 8, 2026
$540,000
Initial Listing