
Phoenix, AZ 85037
This Strong Value Opportunity is listed at a List Price of $329,000, positioned well below the $368,922 Fair Market Value by 10%. This valuation gap provides $39,922 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home is move-in ready with updated stainless steel appliances. Its 3-bedroom, 3-bathroom layout and proximity to Amberlea Elementary School make it a functional choice for Buy-and-Hold Investors or first-time buyers seeking a stable, well-maintained asset in Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8312 W SHERIDAN Street Subject | $329,000* List Price | 3 | 3 | 1,870 | $197 | - |
A 8428 W LEWIS Avenue Sold | $309,900 | 3 | 3 | 1,870 | $166 | 0.1 mi |
B 8478 W LEWIS Avenue Sold | $330,000 | 2 | 3 | 1,449 | $228 | 0.2 mi |
C 8478 W LEWIS Avenue Sold | $330,000 | 2 | 2 | 1,449 | $228 | 0.2 mi |
D 8478 W LEWIS Avenue Sold | $330,000 | 2 | 2 | 1,449 | $228 | 0.2 mi |
E 2348 N 84TH Drive Active | $315,000 List Price | 3 | 3 | 1,651 | $191 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old property is well-maintained and move-in ready. The kitchen features updated stainless steel appliances, and the interior finishes (tile flooring and paint) appear clean and functional. While the cabinetry and systems are likely original, the overall condition meets the criteria for a functional, well-kept home of its age.
At a list price of $329,000 for 1,870 square feet, this property offers an attractive price point of approximately $176 per square foot, providing excellent value for a 2006-built home in the Phoenix market.
The home features a desirable 3-bedroom, 3-bathroom configuration, ensuring each bedroom has convenient access to a bathroom, which is a significant functional advantage for families or rental potential.
Located just 0.13 miles from Amberlea Elementary School, the property offers a highly walkable commute for young students, making it a convenient choice for families with children.
With a lot size of only 2,907 square feet, the property offers very limited outdoor space, which may be a deterrent for buyers seeking a large backyard or private outdoor recreation areas.
The assigned public schools have lower academic ratings (3/10 and 4/10), which could be a concern for education-focused buyers and may impact future appreciation compared to higher-rated districts.
Exceptional opportunity in Phoenix. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades PK-8 • 0.1 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 1,870 | 1,642 | 60% |
| Lot Size | 2,907 | 6,299 | 7% |
| Price | $329.0K | $323.3K | 52% |
| Price per sq ft | $176 | $182 | 46% |
| Built year | 2006 | 1997 | 75% |
| HOA | $120 | $40 | 79% |
| Days on market | 12 | 928 | 1% |
Jun 2, 2026
$329,000
Initial Listing