8520 W PALM Lane 1070, Phoenix, AZ 85037, Phoenix, 85037 - 3 bed, 2 bath
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Phoenix, AZ 85037
This Move-In Ready Residential Asset is listed at $285,000, reflecting market stability relative to its $192,903 Fair Market Value. Boasting a Condition Rating of 4, the home is significantly enhanced by a Brand-New A/C Unit and a private patio, ensuring immediate comfort and low-maintenance living. While the property is served by Desert Oasis Elementary and Tolleson Union High, its location near I-10 and Loop 101 makes it a prime commuter hub. This well-maintained residence is an ideal match for Buy-and-Hold Investors seeking rental potential or first-time buyers prioritizing a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8520 W PALM Lane 1070 Subject | $285,000* List Price | 3 | 2 | 1,340 | $144 | - |
A 2431 N 83RD Drive Sold | $293,000 | 3 | 3 | 1,870 | $157 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, this property is well-maintained and move-in ready, benefiting significantly from a brand-new A/C unit. However, the interior remains largely in its original state with dated oak cabinetry in the kitchen and bathrooms, standard builder-grade laminate counters, and older light fixtures. While functional and clean, the home lacks the modern renovations required for a higher rating and fits the criteria for a 25-40 year old home with mostly original components.
The property features a brand-new A/C unit, providing significant immediate value and peace of mind for buyers in the Phoenix climate.
Aggressively priced at $285,000 for a 3-bedroom home, this property offers excellent value for first-time buyers and strong rental potential for investors.
Ideally situated with quick access to both I-10 and Loop 101, the home is perfectly positioned for easy travel to major employment hubs, shopping, and dining.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1891, living area = 1340.
The assigned elementary and high schools have low performance ratings (2/10 and 3/10), which may be a drawback for families prioritizing education quality.
With a lot size of only 1,891 square feet for a 1,340 square foot home, the property offers very limited private yard space, catering more to a low-maintenance lifestyle than outdoor activities.
Move-in ready and aggressively priced to sell! This well-maintained home features a brand-new A/C unit and offers excellent rental potential for investors or first-time buyers. The bright, open layout creates a comfortable flow between living spaces, while the functional kitchen is perfectly suited for everyday living and entertaining. Enjoy a private patio, spacious bedroom(s), and a low-maintenance lifestyle with community amenities that include a sparkling pool and well-kept common areas. Ideally located near shopping, dining, schools, and offering quick access to I-10 and Loop 101, this property is perfectly positioned for commuters. Affordable, convenient, and investment-ready -- this is an opportunity you don't want to miss.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,340 | 1,776 | 16% |
| Lot Size | 1,891 | 6,161 | 1% |
| Price | $285.0K | $355.0K | 35% |
| Price per sq ft | $213 | $198 | 61% |
| Built year | 1996 | 1998 | 47% |
| HOA | $131 | $48 | 76% |
| Days on market | 87 | 342 | 3% |
Apr 9, 2026
$285,000
Initial Listing