
Glendale, AZ 85303
This High-Potential Investment Opportunity is a 4-bedroom, 3-bathroom single-family residence listed at $400,000, positioned well below the $417,077 Fair Market Value by 4%. This valuation gap offers $17,077 in Instant Equity. With a Fair Condition Rating, the property requires cosmetic updates, providing a clear path for value-add appreciation. Located within a half-mile of local schools, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a strategic entry into the Glendale market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7210 W DISCOVERY Drive Subject | $390,000* List Price | 4 | 3 | 2,271 | $180 | - |
A 7969 W MARLETTE Avenue Sold | $484,900 List Price | 4 | 3 | 2,287 | 0.8 mi | |
B 6416 N 78TH Lane Active | $474,980 List Price | 4 | 3 | 2,287 | $208 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is 24 years old, placing it in the 'Fair' category. The listing description explicitly notes the need for cosmetic updates, specifically carpet and paint, which aligns with the criteria for a dated home requiring minor repairs.
Priced at $400,000, which is $50,000 below its sale price from two years ago and below current market competition, offering an excellent opportunity for immediate value gain.
The property features a generous 2,271 square foot floor plan with 4 bedrooms and 3 bathrooms, providing ample space and a functional configuration for larger households.
Ideally located within a half-mile radius of elementary, middle, and high schools, including the well-rated Independence High School, making it highly convenient for families.
The transaction is subject to bank approval and requires a solar lease assumption, which typically involves a more complex and lengthy closing process compared to traditional sales.
The home requires upfront investment for cosmetic updates, specifically new carpeting and paint, to bring it up to modern move-in standards.
Short Sale. Price to be approved by Bank. Last sale was 2 years ago at 450,000. Leased solar. Solar assumption must be approved prior to bank approval. House is priced below competition and is factoring in cosmetic needs (carpet and paint). Incredible opportunity. Estimate under 10,000 to bring to wonderful.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 4-8 • 0.4 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,271 | 1,560 | 79% |
| Lot Size | 6,401 | 6,820 | 45% |
| Price | $390.0K | $0 | 76% |
| Price per sq ft | $172 | $0 | 58% |
| Built year | 2002 | 1999 | 67% |
| HOA | $145 | $30 | 88% |
| Days on market | 23 | 2450 | 3% |
Jun 17, 2026
$390,000
$400,000
-2% Price Drop
Initial Listing
May 27, 2026
$400,000
Initial Listing