7965 W MONTECITO Avenue, Phoenix, AZ 85033, Phoenix, 85033 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85033
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $324,900—positioned well below the $317,087 Fair Market Value. While the property features a Condition Rating of 4, it includes significant value-add upgrades like a Tesla Powerwall and solar system. The lack of HOA Fees and proximity to Tomahawk School enhance its long-term utility. Given the vintage 1976 construction, this asset requires cosmetic modernization to maximize returns. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7965 W MONTECITO Avenue Subject | $324,900* List Price | 3 | 2 | 1,258 | $249 | - |
A 8017 W MEADOWBROOK Avenue Sold | $255,000 | 3 | 1 | 1,007 | $253 | 0.3 mi |
B 7520 W GLENROSA Avenue Sold | $318,000 | 3 | 2 | 1,236 | $257 | 0.5 mi |
C 7520 W GLENROSA Avenue Sold | $318,000 | 3 | 2 | 1,236 | $257 | 0.5 mi |
D 7937 W HAZELWOOD Street Sold | $282,000 | 3 | 1 | 952 | $296 | 0.3 mi |
E 7343 W MEADOWBROOK Avenue Sold | $260,000 List Price | 3 | 2 | 1,395 | 0.8 mi | |
F 7959 W COOLIDGE Street Sold | $260,000 | 3 | 2 | 1,344 | $193 | 0.4 mi |
G 7959 W COOLIDGE Street Sold | $260,000 | 3 | 2 | 1,344 | $193 | 0.4 mi |
H 7701 W CRITTENDEN Lane Sold | $278,000 | 2 | 1 | 1,022 | $272 | 0.8 mi |
I 4301 N 80TH Lane Active | $350,000 List Price | 3 | 2 | 1,258 | $278 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the home is functional but dated, featuring a kitchen with older oak cabinetry and laminate countertops. While the electrical system has been significantly upgraded with a Tesla Powerwall and solar, the interior finishes like popcorn ceilings and older tile indicate the property is over 20 years since its last major aesthetic renovation.
The property features no association fees, providing homeowners with greater financial flexibility and freedom from restrictive community regulations.
Located less than 0.2 miles from Tomahawk School, the property offers ideal convenience for families with young children attending elementary school.
At a price point of $324,900 for a 3-bedroom detached home, this property serves as an accessible entry point into the Phoenix residential market.
Dating back to 1976, the home likely requires updates to its original systems and cosmetic features to align with modern buyer expectations.
The assigned middle and high schools are rated below average, which may be a deterrent for families prioritizing high-performing educational districts.
Opportunity meets value in this spacious 3-bed, 2-bath home packed with major upgrades where they matter most! Enjoy peace of mind with a nearly new Goettl air conditioning unit, newer water heater, clothes washer, water softener, solar system and an upgraded electrical panel. This property offers incredible potential for the right buyer to build sweat equity through cosmetic updates and personal touches. Outside, there's room for all your toys and projects with a 2-car garage, oversized driveway, RV gate, and dedicated RV parking. Need storage or workspace? The impressive 12x24 storage building has you covered. Relax or entertain year-round beneath the massive 13.5x34 covered patio--perfect for Arizona outdoor living. A rare opportunity to own a home with unlimited potential.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,258 | - |
| Lot Size | 7,000 | - |
| Price | $324.9K | $495.4K |
| Price per sq ft | $258 | $290 |
| Built year | 1976 | 0 |
| HOA | $0 | $0 |
| Days on market | 83 | 1260 |
May 1, 2026
$324,900
Initial Listing