8423 N 55TH Drive, Glendale, AZ 85302, Glendale, 85302 - 4 bed, 2 bath
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Glendale, AZ 85302
This Value-Add Residential Asset is listed at $340,000, representing a project-ready acquisition in the West Valley. While the price sits above the $298,784 Fair Market Value, the home’s Condition Rating of 4 and "solid bones" provide a clear pathway for forced appreciation and ROI through modernization. The property features a generous 8,464 sqft lot and No HOA Fees, offering maximum flexibility for capital improvements. Served by Glendale American School and Glendale High School, this is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8423 N 55TH Drive Subject | $340,000* List Price | 4 | 2 | 1,569 | $190 | - |
A 8521 N 53RD Drive Sold | $320,000 | 3 | 2 | 1,681 | $190 | 0.3 mi |
B 4941 W TOWNLEY Avenue Sold | $273,000 List Price | 3 | 2 | 1,351 | 0.8 mi | |
C 5807 W PALO VERDE Avenue Sold | $415,000 | 4 | 6 | 1,768 | $235 | 1.0 mi |
D 5404 W Eva Street Sold | $419,000 | 4 | 2 | 1,955 | $214 | 0.7 mi |
E 8602 N 56TH Drive Active | $404,999 List Price | 4 | 2 | 1,690 | $240 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this property is described as a 'canvas' for a buyer's 'personal touch' with 'solid bones,' which typically indicates a home that is structurally sound but aesthetically and functionally outdated. While the exterior appears maintained in the provided image, the age of the home and the listing's emphasis on 'bringing a vision' suggest that the kitchen, bathrooms, and major systems likely require significant cosmetic updates and modernization 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 = 8464, living area = 1569.
The 8,464 sqft lot provides ample space for outdoor entertaining, gardening, or potential future expansions in a desirable West Valley location.
With an association fee of zero, homeowners benefit from lower monthly carrying costs and increased freedom regarding property modifications and storage.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Marketed as a 'canvas for personal touch,' the property likely requires a significant budget for cosmetic and functional updates to reach modern market standards.
Constructed in 1971, the home may have aging major systems such as HVAC, plumbing, or electrical that could necessitate near-term capital expenditures.
Opportunity knocks in the West Valley! This 4 bedroom, 2 bathroom home sits on a generously sized lot and offers solid bones, a great canvas for the buyer ready to put their personal touch on it. The spacious lot provides plenty of room for outdoor living, entertaining, or future improvements. Don't miss your chance to make this West Valley property your own, bring your vision and make it shine!
No exterior & parking available.
Grades PK-8 • 0.1 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,569 | 1,686 | 40% |
| Lot Size | 8,464 | 7,313.5 | 75% |
| Price | $340.0K | $326.5K | 60% |
| Price per sq ft | $217 | $198 | 67% |
| Built year | 1971 | 1977 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 2571 | 1% |
Mar 23, 2026
$340,000
Initial Listing