734 E DESERT Drive S, Phoenix, AZ 85042, Phoenix, 85042 - 5 bed, 3 bath
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Phoenix, AZ 85042
This Spacious 5-Bedroom Residence is a High-Potential Investment Opportunity, listed at $375,000—positioned well below the $390,780 Fair Market Value by 4%. This valuation gap offers $15,780 in Instant Equity. Boasting Paid Solar Panels, a Newer A/C, and a Condition Rating of 4, the property balances functional efficiency with significant cosmetic upside. Located near South Mountain Park and Maxine O Bush Elementary, this No HOA asset is perfect for Owner-Occupants or multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 734 E DESERT Drive S Subject | $375,000* List Price | 5 | 3 | 1,781 | $219 | - |
A 330 E DESERT Drive Sold | $295,000 | 3 | 2 | 1,680 | $176 | 0.3 mi |
B 330 E DESERT Drive Sold | $295,000 | 3 | 2 | 1,680 | $176 | 0.3 mi |
C 29 E EUCLID Avenue Sold | $345,000 | 3 | 2 | 1,701 | $203 | 0.4 mi |
D 1210 E BETH Drive Sold | $400,000 | 3 | 2 | 1,984 | $202 | 0.5 mi |
E 1126 E PEDRO Road Sold | $396,000 | 3 | 2 | 1,625 | $244 | 0.4 mi |
F 8806 S 9TH Street Sold | $386,000 | 4 | 2 | 1,465 | $263 | 0.2 mi |
G 1136 E CALDWELL Street Pending | $365,000 List Price | 3 | 2 | 1,720 | $212 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this home is well-maintained and features significant functional upgrades such as a newer A/C system and paid solar panels. However, the listing's description of 'classic character' and the property analysis identifying a 'potential for modernization' suggest that the kitchen, bathrooms, and interior finishes are likely outdated and original to the 1970s era, fitting the criteria for a functional but aged property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7958, living area = 1781.
The property features a newer A/C system and a fully paid-off solar system, providing significant long-term savings on utility costs in the Arizona heat.
The absence of a Homeowners Association offers residents greater freedom with their property and eliminates monthly association fees, increasing overall affordability.
Built in 1973 and described as having 'classic character,' the interior may require cosmetic updates to align with contemporary design trends.
Fitting five bedrooms into 1,781 square feet suggests that individual bedroom sizes may be smaller than average, potentially limiting furniture layout options.
NO HOA! NO HOA! Welcome to this beautiful home nestled in a well-established neighborhood near South Mountain! Offering over 1,700 sq ft of living space, this spacious residence features 5 bedrooms and 3 bathrooms--perfect for growing families, multi-generational living, or those needing extra space for a home office or guests. Discover a warm and inviting layout filled with charm. A newer A/C and PAID Solar system ensures efficiency and peace of mind in the Arizona heat without the high electrical bill. The home's classic character creates a feeling of comfort and functionality. Enjoy the benefits of a mature neighborhood plus access to parks, hiking trails, shopping, and dining just minutes from South Mountain. Don't miss this opportunity to own your home in a desirable locatio
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,781 | 1,869 | 40% |
| Lot Size | 7,958 | 7,503 | 56% |
| Price | $375.0K | $412.5K | 42% |
| Price per sq ft | $211 | $227 | 41% |
| Built year | 1973 | 2001 | 15% |
| HOA | $0 | $98 | 34% |
| Days on market | 36 | 1331 | 0% |
Mar 17, 2026
$375,000
Initial Listing