
Phoenix, AZ 85033
This Value-Add Single-Family Residence is listed at $339,999, representing a stable entry point aligned with its $336,348 Fair Market Value. Currently maintaining a Condition Rating of 4, the property offers a functional 1,490 sqft floor plan enhanced by a garage conversion for additional living space. The standout features include an oversized 7,614 sqft lot and no HOA fees, providing homeowners with rare autonomy and expansion potential. Situated near the 5-rated Tomahawk School and Estrella Middle School, this property is a strategic choice for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8226 W MONTECITO Avenue Subject | $339,999* List Price | 3 | 2 | 1,490 | $226 | - |
A 7601 W GLENROSA Avenue Sold | $370,000 List Price | 3 | 2 | 1,553 | 0.7 mi | |
B 7520 W GLENROSA Avenue Sold | $318,000 | 3 | 2 | 1,236 | $257 | 0.9 mi |
C 7506 W DEVONSHIRE Avenue Sold | $308,750 | 3 | 2 | 1,412 | $219 | 0.9 mi |
D 7553 W MONTECITO Avenue Sold | $320,000 | 3 | 2 | 1,432 | $223 | 0.8 mi |
E 7833 W COOLIDGE Street Sold | $365,000 List Price | 4 | 3 | 1,725 | 0.6 mi | |
F 4250 N 77TH Avenue Sold | $323,600 | 3 | 2 | 1,428 | $227 | 0.6 mi |
G 8109 W MONTECITO Avenue Active | $374,900 List Price | 3 | 2 | 1,384 | $271 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1974, is in fair condition but shows significant signs of age. The kitchen features dated cabinetry, older white appliances, and fluorescent lighting. Bathrooms and flooring (mix of older tile and carpet) appear functional but are stylistically outdated. The garage conversion provides extra living space but lacks the finish of a professional renovation. While the home appears maintained, it requires modernization of its major systems and aesthetic features to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7614, living area = 1490.
The property features no association fees, providing the homeowner with greater financial flexibility and freedom from restrictive community regulations.
Situated on a 7,614 square foot lot, the property offers significant outdoor space for recreation, gardening, or potential future improvements.
The garage conversion eliminates protected parking, which may be a concern for buyers looking to shield vehicles from the intense Arizona sun.
Built in 1974, the property may require capital improvements or modernization of major systems to align with contemporary standards and efficiency.
Garage converted to an additional bedroom.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,490 | 1,400 | 57% |
| Lot Size | 7,614 | 7,041 | 73% |
| Price | $340.0K | $270.0K | 70% |
| Price per sq ft | $228 | $195 | 68% |
| Built year | 1974 | 1972 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 956 | 0% |
Apr 9, 2026
$339,999
Initial Listing