
Phoenix, AZ 85020
This Prime Investment Opportunity is listed at $362,500—positioned well below the $370,694 Fair Market Value by 2%. This valuation gap offers $8,194 in Instant Equity. Featuring a Condition Rating of 4, the home provides a functional layout with stunning mountain views and a paver patio, though it invites cosmetic modernization. Located near the highly-rated Sunnyslope High School, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8514 N 8TH Street Subject | $362,500* List Price | 3 | 2 | 1,540 | $241 | - |
A 820 E BUTLER Drive Sold | $305,000 | 2 | 2 | 1,040 | $293 | 0.1 mi |
B 915 E ORCHID Lane Sold | $290,000 List Price | 3 | 2 | 1,092 | 0.2 mi | |
C 8120 N 10TH Place Sold | $446,000 | 3 | 2 | 1,701 | $262 | 0.4 mi |
D 829 E ECHO Lane Active | $320,000 List Price | 3 | 2 | 1,608 | $199 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the property is well-maintained but dated. The tile flooring, wood cabinetry, and fixtures appear to be from a renovation over 20 years ago. While functional and move-in ready, the kitchen and bathrooms require modernization to meet current standards, and the roof-mounted HVAC system appears older.
The property features stunning mountain views and an oversized backyard with a paver patio, offering a premium outdoor experience and aesthetic appeal for the price point.
Situated near the highly-rated Sunnyslope High School with no HOA fees, this home provides excellent value and lifestyle flexibility in a central Phoenix location.
The 1,540 sqft floor plan includes durable tile flooring throughout, a cozy fireplace, and a primary suite with private backyard access, blending comfort with practicality.
Built in 1955, the home may require updates to major systems or cosmetic modernizations to meet contemporary energy efficiency and design standards.
The property features only a single-car garage, which may be restrictive for multi-vehicle households or those seeking additional enclosed storage in the Phoenix climate.
Welcome to this beautifully maintained ranch-style gem nestled in an unbeatable Phoenix location! From the moment you arrive, you'll appreciate the charming curb appeal, low-maintenance landscaping, and single-car garage with an extended parking slab for added convenience. Step inside to discover a bright, open interior filled with natural light, a timeless neutral palette, tile flooring throughout, and a cozy fireplace that creates the perfect gathering space. The well-appointed kitchen features warm wood cabinetry, built-in appliances, and a cheerful breakfast nook overlooking the living areas. The spacious separate family room offers endless possibilities for entertaining or relaxing, with sliding glass doors that seamlessly connect indoor and outdoor living. Retreat to the generously sized primary suite, complete with a private ensuite bath and direct backyard access. Outside, the oversized backyard is ready for year-round enjoyment, featuring a paver patio, detached storage shed, and stunning mountain views that provide the perfect backdrop for Arizona sunsets. Ideally situated just minutes from major freeways, shopping, dining, parks, and schools, this home combines comfort, convenience, and incredible value. Whether you're searching for your first home, your next investment, or simply the perfect place to call home, this one checks all the boxes. Don't miss your chance to make it yours!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 5-8 • 2.1 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,540 | - |
| Lot Size | 6,609 | - |
| Price | $362.5K | $495.4K |
| Price per sq ft | $235 | $290 |
| Built year | 1955 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 1260 |
Jul 14, 2026
$362,500
Initial Listing