7323 N 16TH Place, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
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Phoenix, AZ 85020
This Fully Renovated Modern Residence is a Prime Investment Opportunity with a List Price of $575,000—positioned well below the $747,221 Fair Market Value by 23%. This significant valuation gap offers $172,221 in Instant Equity. Boasting a Condition Rating of 2, the home features a 2024 roof, new HVAC, and a Quartz Kitchen with stainless appliances. The oversized lot includes Mountain Views and a versatile Detached AC Garage. Located in the desirable Madison School District, this turnkey property is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7323 N 16TH Place Subject | $575,000* List Price | 3 | 2 | 1,271 | $588 | - |
A 8116 N 18TH Way Sold | $735,000 | 3 | 2 | 1,610 | $457 | 0.8 mi |
B 1305 E WINTER Drive Sold | $410,000 | 3 | 1 | 1,057 | $388 | 0.7 mi |
C 7232 N 13TH Street Sold | $575,000 List Price | 2 | 2 | 1,557 | 0.5 mi | |
D 1246 E VISTA Avenue Sold | $505,000 | 4 | 2 | 1,295 | $390 | 0.5 mi |
E 1246 E Vista Avenue Sold | $505,000 | 3 | 1 | 1,040 | $486 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive top-to-bottom renovation in 2024, featuring a brand-new roof, new HVAC system, and a fully modernized kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances. The interior is updated with luxury vinyl plank flooring throughout, modern light fixtures, and a finished, air-conditioned detached garage, meeting the criteria for a recently fully renovated home 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 = 10393, living area = 1271.
The property features significant capital improvements including a brand-new roof and HVAC system installed in 2024, alongside a full interior remodel with quartz countertops and luxury vinyl plank flooring.
Situated on an oversized 10,000+ sq ft lot, the home includes a rare air-conditioned detached garage suitable for a home office or guest room, complemented by an RV gate and mountain views.
At 1,271 square feet for a three-bedroom configuration, the interior footprint is relatively small, which may result in tighter bedroom or common area dimensions for some buyers.
While the elementary schools perform well, the assigned high school carries a low rating of 3/10, which could impact long-term resale value and appeal to families with older children.
Welcome to this stunningly renovated 3 bed/2 bath home with a garage on over 10,000 sq ft lot in highly sought-after Camelback East. Thoughtfully remodeled from top to bottom, this home offers modern comfort, effortless style, and breathtaking mountain views on an oversized lot. Recent major upgrades include a brand new roof and a new HVAC system installed in 2024. Step inside through the inviting front patio and you're greeted by an open, light-filled layout with fresh neutral tones and beautiful luxury vinyl planks throughout. The heart of the home is the fully upgraded kitchen, featuring crisp white shaker cabinets, elegant quartz countertops, a stylish tile backsplash, chic pendant lighting, a generous center island, and brand-new stainless steel appliances. Just off the kitchen we mov e into the large great room, perfect for relaxing and entertaining.The spacious primary bedroom offers the convenience of a private en-suite bathroom. Outside, enjoy the private backyard oasis with covered patios and a charming gazebo, all while soaking in the stunning mountain views. The detached garage is air-conditioned and offers incredible versatility it can easily be used as a home office, game room, or guest room. A dedicated laundry room adds even more convenience. Additional features include an attached carport and a convenient RV gate, making this home as practical as it is beautiful. And finally, whats the most important rule of real estate? That's right location, location, location and this home has it in droves. Located just 1 mile from the 51 freeway the entire valley is at your front door.
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades 5-8 • 1.8 mi
Grades 9-12 • 3.1 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 | 1,271 | 1,918 | 15% |
| Lot Size | 10,393 | 8,306 | 66% |
| Price | $575.0K | $446.0K | 65% |
| Price per sq ft | $452 | $283 | 87% |
| Built year | 1968 | 1967 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 1413 | 0% |
Mar 26, 2026
$575,000
Initial Listing