846 E VILLAGE CIRCLE Drive N, Phoenix, AZ 85022, Phoenix, 85022 - 4 bed, 2 bath
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Phoenix, AZ 85022
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at $560,000, which is positioned slightly above the $553,701 Fair Market Value. While the home carries a Fair Condition Rating, it features significant value-add potential through cosmetic updates. Key assets include a 2023 HVAC system, double-pane windows, and a large lot with mountain views. This property is well-suited for Buy-and-Hold Investors seeking a stable rental asset or Owner-Occupants looking to build equity through personalized renovations in a well-established North Phoenix neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 846 E VILLAGE CIRCLE Drive N Subject | $560,000* List Price | 4 | 2 | 1,979 | $280 | - |
A 1007 E VILLAGE CIRCLE Drive N Sold | $455,000 | 4 | 2 | 1,979 | $230 | 0.1 mi |
B 1155 E VILLAGE CIRCLE Drive N Sold | $610,000 | 3 | 2 | 1,786 | $342 | 0.2 mi |
C 1302 E Rowlands Lane Sold | $520,000 | 3 | 2 | 1,892 | $275 | 0.6 mi |
D 14024 N BURNING TREE Place Sold | $425,000 | 2 | 2 | 1,589 | $267 | 0.5 mi |
E 13615 N 12TH Way Sold | $635,000 | 3 | 2 | 1,800 | $353 | 0.5 mi |
F 14418 N 13TH Street Sold | $495,000 List Price | 3 | 2 | 1,800 | 0.6 mi | |
G 14232 N 11TH Street Sold | $475,500 | 3 | 2 | 1,734 | $274 | 0.4 mi |
H 142 E VOLTAIRE Avenue Active | $675,000 List Price | 3 | 2 | 2,061 | $328 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home is well-maintained and features a brand new HVAC system (2023) and updated double-pane windows, the overall aesthetic is dated. The kitchen cabinetry and bathroom fixtures appear to be over 20 years old, and the 1974 build date combined with these older interior finishes fits the 'Fair' criteria for a functional home needing cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7957, living area = 1979.
The property features a brand-new A/C system installed in 2023 and energy-efficient double-pane windows, providing immediate value and reducing future maintenance concerns for the buyer.
The private backyard offers stunning views of Lookout Mountain and includes a covered patio, creating a premium outdoor living space in a well-established North Phoenix neighborhood.
Built in 1974, the home may require additional capital for long-term infrastructure updates or cosmetic modernizations to compete with newer residential developments in the area.
The assigned middle and high schools carry average ratings of 4 and 5 out of 10, which may be a limiting factor for families prioritizing top-tier educational performance.
Welcome to this 4-bedroom, 2-bath, single-level residence located in the Villages subdivision in the North Phoenix area near 7th Street and Thunderbird. This home offers newer A/C (2023), solid interior doors, primary suite features backyard access and a walk-in closet, solid hickory wood cabinetry in kitchen, double pane windows, along with separate family room with a fireplace and living room. Roomy and private backyard with views of Lookout Mountain. A covered patio provides additional outdoor living space. Community amenities include pool and pickleball courts. Move-in ready to your new home. Ideal for owner-occupants or investors seeking a solid opportunity in a well-established area.
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades 6-8 • 2.9 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,979 | - |
| Lot Size | 7,957 | - |
| Price | $560.0K | $495.4K |
| Price per sq ft | $283 | $290 |
| Built year | 1974 | 0 |
| HOA | $165 | $0 |
| Days on market | 14 | 1260 |
Jul 8, 2026
$560,000
Initial Listing