736 E NORTH Lane 3, Phoenix, AZ 85020, Phoenix, 85020 - 2 bed, 2 bath
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Phoenix, AZ 85020
This Mountain-View Townhouse is a Prime Investment Opportunity listed at $250,000—positioned well below the $259,374 Fair Market Value by 3%. This valuation gap offers $9,374 in Instant Equity for the incoming buyer. With a Condition Rating of 4, the interior presents a clear value-add path through cosmetic modernization. Located in the resort-style Pointe Tapatio, the home features community pools, a private patio, and access to Sunnyslope High School. It is a strategic choice for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 736 E NORTH Lane 3 Subject | $250,000* List Price | 2 | 2 | 1,060 | $245 | - |
A 10414 N 11TH Street 2 Sold | $309,900 | 2 | 2 | 1,015 | $305 | 0.2 mi |
B 10445 N 11TH Place 3 Sold | $281,500 | 2 | 2 | 1,060 | $266 | 0.4 mi |
C 837 E PEORIA Avenue 2 Sold | $270,000 List Price | 2 | 2 | 1,015 | 0.1 mi | |
D 10420 N 10TH Street 2 Sold | $245,000 | 2 | 2 | 1,015 | $241 | 0.2 mi |
E 10420 N 10TH Street 2 Sold | $245,000 | 2 | 2 | 995 | $246 | 0.2 mi |
F 10209 N 8th Place A Sold | $250,000 | 2 | 2 | 882 | $283 | 0.2 mi |
G 10424 N 7TH Place 3 Active | $310,000 List Price | 2 | 2 | 1,060 | $292 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this townhome is in mostly original or dated condition and requires cosmetic updates. While functional and move-in ready for some, the interior shows significant wear, most notably the heavily stained carpeting in the living area. The bathroom features dated oak-style cabinetry, older laminate/solid surface countertops, and basic strip lighting. The kitchen and overall aesthetic reflect the property's age without recent major renovations, consistent with the listing's description of the home having 'potential' for customization.
The monthly association fee provides exceptional value by covering exterior maintenance, cable, water, sewer, trash, and pest control, ensuring a low-maintenance lifestyle and predictable monthly costs.
Nestled in the resort-style Pointe Tapatio community, the property offers stunning mountain views and immediate proximity to hiking trails, popular dining, and major freeways for easy commuting.
The townhome features a desirable open floor plan with a cozy fireplace, a private outdoor patio for entertaining, and practical additions like dual primary closets and a dedicated storage room.
Built in 1979 and marketed as having 'potential,' the interior likely requires cosmetic updates or full renovations to align with modern design standards and maximize its market value.
The property is zoned for elementary and middle schools with lower performance ratings, which may be a drawback for families prioritizing high-ranking public education.
Exceptional opportunity in Pointe Tapatio! Discover incredible value in this charming 2 bedroom, 1.5 bath townhome nestled within the lush, resort-style community. Surrounded by stunning mountain views and mature landscaping, this home offers a serene desert retreat with unbeatable convenience. Step inside to find a spacious open floor plan featuring a cozy corner fireplace. The kitchen and dining area have windows showcasing the private back patio, which is perfect for outdoor entertaining or enjoying your morning coffee. Upstairs, you will find the spacious primary bedroom with dual closets for ample storage and an additional bedroom and bathroom. Whether you're looking to customize or move right in, this home is full of potential. From nearly every angle, you'll appreciate the beauty of the natural desert landscape. Residents enjoy access to two sparkling community pools and the ease of an HOA that covers exterior maintenance, cable, water, sewer, trash, and even pest control - providing true peace of mind. Additional highlights include newer washer and dryer, covered carport parking, and a private storage room. This home is ideally located near hiking trails, popular restaurants, and shopping, with quick access to the 51 and 101 freeways for easy commuting. This is your chance to own in one of the area's most desirable neighborhoods. Come see the potential and make it your own!
No exterior & parking available.
Grades PK-6 • 2.4 mi
Grades K-8 • 0.6 mi
Grades 6-8 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,060 | 1,405 | 32% |
| Lot Size | 799 | 2,235 | 27% |
| Price | $250.0K | $303.8K | 44% |
| Price per sq ft | $236 | $249 | 43% |
| Built year | 1979 | 1980 | 47% |
| HOA | $337 | $278 | 77% |
| Days on market | 33 | 1665 | 1% |
Mar 24, 2026
$250,000
Initial Listing