7601 N CENTRAL Avenue 10, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 3 bath
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Phoenix, AZ 85020
This Value-Add Gated Estate represents a rare opportunity in the exclusive La Reserve community, listed at $1,100,000. While the $885,579 Fair Market Value reflects its current Condition Rating of 4, the property’s position in the North Central Corridor adjacent to Murphy’s Bridle Path ensures long-term asset stability. Featuring mountain views, high ceilings, and a spacious patio, this 1992 build requires modernization to reach its peak valuation. Situated within the Madison School District, this is a premier acquisition for Luxury Renovators or Owner-Occupants seeking a custom-tailored sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7601 N CENTRAL Avenue 10 Subject | $1,100,000* List Price | 3 | 3 | 2,450 | $361 | - |
A 333 E KALER Drive Sold | $1,200,000 | 5 | 3 | 2,500 | $480 | 0.2 mi |
B 20 E NORTHVIEW Avenue Sold | $1,080,000 | 4 | 3 | 2,805 | $385 | 0.4 mi |
C 609 E WINTER Drive Sold | $785,000 | 4 | 2 | 2,155 | $364 | 0.3 mi |
D 710 E Hayward Avenue Sold | $812,500 | 4 | 3 | 2,110 | $385 | 0.4 mi |
E 710 E HAYWARD Avenue Sold | $812,500 | 4 | 3 | 2,163 | $376 | 0.4 mi |
F 14 E ORANGEWOOD Avenue Active Under Contract | $1,250,000 List Price | 5 | 4 | 3,384 | $369 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, this 32-year-old property is being sold 'As-Is' and explicitly requires 'TLC' according to the listing description. While the home features attractive wood flooring and high ceilings, it shows signs of being outdated and requires modernization and minor repairs to meet current market standards for its price point. It has been maintained but lacks the recent extensive renovations required for a higher rating.
Situated in the highly sought-after North Central Corridor within the exclusive gated community of La Reserve, directly adjacent to the historic Murphy's Bridle Path.
This single-story residence features high ceilings, expansive walls of windows, and wood flooring, offering a bright, airy floorplan with desirable mountain views.
As the first listing in this gated community in over two years, the property presents a rare opportunity for buyers to enter a high-demand neighborhood with long-term residents.
The property is being sold in 'As-Is' condition and requires significant TLC, which will necessitate additional capital investment for repairs and modernization.
While the elementary and middle schools are highly rated, the designated high school has a lower rating of 3, which may be a consideration for families with older children.
A RARE opportunity has emerged in the coveted gated community of La Reserve, as a home hits the market after over two years. Known for its superb location and friendly neighborhood, this single-level floorplan offers immense potential. Home has high ceilings, expansive windows, wood floors and a spacious tree-filled backyard. Situated in the heart of the north Central corridor and adjacent to the historic Murphy Bridal path, this property offers a fantastic opportunity for a lucky buyer to invest and transform this gem! Don't miss out!
No exterior & parking available.
Grades PK-4 • 0.7 mi
Grades 5-8 • 1.1 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 2,450 | 1,952 | 69% |
| Lot Size | 8,525 | 8,306 | 52% |
| Price | $1.10M | $446.0K | 89% |
| Price per sq ft | $449 | $283 | 87% |
| Built year | 1992 | 1967 | 82% |
| HOA | $1648 | $0 | 100% |
| Days on market | 17 | 1413 | 0% |
Apr 9, 2026
$1,100,000
Initial Listing