
Phoenix, AZ 85051
This Functional Phoenix Townhouse offers a practical entry point into the 85051 market with a List Price of $295,000, positioned near its $277,107 Fair Market Value. Featuring a Generous Living Space of 1,686 square feet, the 3-bedroom, 3-bathroom layout provides a significantly larger footprint than standard area townhomes. The property maintains a Fair Condition Rating, offering a move-in-ready interior that invites cosmetic modernization to build future equity. Located near key dining and transit corridors, it is a strategic choice for Owner-Occupants looking to personalize their space or Buy-and-Hold Investors seeking a high-sqft rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8024 N 32ND Avenue Subject | $295,000* List Price | 3 | 3 | 1,686 | $164 | - |
A 3203 W Royal Palm Road Sold | $270,000 | 3 | 3 | 1,686 | $160 | 0.1 mi |
B 3203 W ROYAL PALM Road Sold | $270,000 | 3 | 3 | 1,686 | $160 | 0.1 mi |
C 3203 W ROYAL PALM Road Sold | $270,000 | 3 | 3 | 1,686 | $160 | 0.1 mi |
D 8110 N 31ST Drive Sold | $225,000 | 3 | 2 | 1,536 | $146 | 0.1 mi |
E 8110 N 31ST Drive Sold | $225,000 | 3 | 2 | 1,536 | $146 | 0.1 mi |
F 3110 W MANZANITA Drive Sold | $300,000 | 3 | 3 | 1,686 | $178 | 0.1 mi |
G 8021 N 32ND Avenue Active Under Contract | $240,000 List Price | 3 | 2 | 1,536 | $156 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is described as a functional and practical living space that 'can be personalized over time,' which is a standard industry indicator for a home with dated finishes. While the exterior appears maintained, the lack of mentioned upgrades to the kitchen, bathrooms, or major systems, combined with the age of the structure, places it in the fair category. It is move-in ready but requires cosmetic modernization to meet current market standards.
Priced at $295,000 for a 3-bedroom, 3-bathroom layout, this property offers exceptional value and affordability within the Phoenix market.
With 1,686 square feet of interior space, the townhouse provides a larger-than-average footprint for its type, offering a functional and comfortable floor plan for families or roommates.
The property's straightforward layout and location make it an ideal candidate for a value-add project, allowing investors or first-time buyers to build equity through personalization.
Built in 1979, the home likely requires modernization of its original features and systems to meet contemporary aesthetic and energy-efficiency standards.
The $239 monthly association fee adds a fixed carrying cost that must be factored into the buyer's monthly budget alongside the mortgage payment.
Offers an affordable townhouse with a functional layout and practical living space. The home provides a straightforward floor plan with comfortable interior areas that can be personalized over time. Convenient access to main roads, shopping, dining, and everyday essentials makes this a practical option for a first-time buyer or investor seeking value and long-term potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 62% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 1,686 | 1,008 | 84% |
| Lot Size | 2,161 | 966 | 67% |
| Price | $295.0K | $209.0K | 89% |
| Price per sq ft | $175 | $166 | 53% |
| Built year | 1979 | 1979 | 50% |
| HOA | $239 | $220 | 58% |
| Days on market | 111 | 753 | 9% |
Jan 5, 2026
$295,000
Initial Listing