7331 S 23RD Drive, Phoenix, AZ 85041, Phoenix, 85041 - 4 bed, 3 bath
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Phoenix, AZ 85041
This Modern Turnkey Residence is a Prime Investment Opportunity, listed at $429,900—positioned well below the $493,731 Fair Market Value by 12%. This valuation gap secures $63,831 in Instant Equity for the buyer. Boasting a Pristine Condition Rating, the 2021-built home features solid surface countertops, a spacious great room, and 2,400 sq ft of living space just 5 miles from Downtown Phoenix. This property is an ideal match for Owner-Occupants seeking a contemporary sanctuary or Buy-and-Hold Investors targeting high-yield, low-maintenance assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7331 S 23RD Drive Subject | $409,900* List Price | 4 | 3 | 2,400 | $196 | - |
A 2341 W Saint Catherine Avenue Sold | $450,000 List Price | 3 | 3 | 2,306 | 0.5 mi | |
B 2341 W SAINT CATHERINE Avenue Sold | $449,500 | 3 | 3 | 2,306 | $195 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is virtually new and meets all current quality standards. The interior features modern wood-look flooring, an open-concept kitchen with sleek white shaker cabinetry, solid surface countertops, and stainless steel appliances. The bathrooms are in pristine condition with contemporary fixtures and finishes, and the overall structure shows no signs of physical depreciation or deferred maintenance.
Built in 2021, this home offers the benefits of contemporary building codes, energy-efficient systems, and modern aesthetic finishes, minimizing the need for immediate capital improvements.
Situated only 5 miles from Downtown Phoenix, the property provides an ideal balance of suburban living with rapid access to the city's primary employment, dining, and cultural centers.
The 2,400 sq ft layout features high ceilings and a large kitchen island, creating a seamless flow between the great room and kitchen that is highly desirable for modern families.
The 4,503 sq ft lot is relatively small for a home of this square footage, resulting in limited backyard space for outdoor activities or private landscaping.
The property is subject to a monthly association fee, which increases the monthly carrying costs and subjects the owner to community-specific rules and restrictions.
Beautiful newer construction home located in Phoenix offering 2,400 sq ft of thoughtfully designed living space with 4 bedrooms and 3 bathrooms, built in 2021. This modern residence features an open-concept floor plan with a spacious great room, high ceilings, and abundant natural light, perfect for both everyday living and entertaining. The contemporary kitchen boasts sleek cabinetry, solid surface countertops, and large island. Conveniently located 5 miles from Downtown Phoenix.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 2,400 | 1,760 | 77% |
| Lot Size | 4,503 | 6,600 | 8% |
| Price | $409.9K | $352.0K | 70% |
| Price per sq ft | $171 | $197 | 40% |
| Built year | 2021 | 2004 | 94% |
| HOA | $97 | $65 | 68% |
| Days on market | 62 | 827 | 0% |
Apr 11, 2026
$409,900
$429,900
-5% Price Drop
Initial Listing
Feb 23, 2026
$429,900
Initial Listing