8743 N 31ST Avenue, Phoenix, AZ 85051, Phoenix, 85051 - 4 bed, 2 bath
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Phoenix, AZ 85051
This Spacious Corner-Lot Residence represents a stable market entry with a List Price of $359,000, aligning exactly with its $359,000 Fair Market Value. The property features a functional 4-Bedroom Layout, a Granite Kitchen, and durable tile flooring, earning a Livable Condition Rating that supports immediate occupancy while offering clear value-add potential through cosmetic updates. Its expansive 7,828 Sqft Lot includes a Covered Patio and gazebo, providing significant outdoor utility in a central location near the I-17. This versatile asset is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8743 N 31ST Avenue Subject | $359,000* List Price | 4 | 2 | 1,486 | $242 | - |
A 3758 W EVA Street Sold | $365,000 | 4 | 2 | 1,772 | $206 | 1.0 mi |
B 3758 W EVA Street Sold | $365,000 | 4 | 2 | 1,772 | $206 | 1.0 mi |
C 2701 W GRISWOLD Road Sold | $325,000 List Price | 3 | 1 | 1,454 | 0.8 mi | |
D 8544 N 33RD Avenue Sold | $340,000 | 3 | 2 | 1,382 | $246 | 0.4 mi |
E 3624 W MISSION Lane Sold | $420,000 | 3 | 2 | 1,505 | $279 | 0.8 mi |
F 9227 N 36TH Drive Sold | $400,000 | 4 | 2 | 1,659 | $241 | 0.8 mi |
G 2940 W EL CAMINITO Drive Pending | $322,000 List Price | 4 | 2 | 1,686 | $191 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this property is in livable condition but shows clear signs of its age. While it has received some functional updates such as granite countertops and wood-look tile flooring, it retains dated features like popcorn ceilings and older window styles. The front yard is currently unlandscaped, and the overall aesthetic suggests periodic maintenance rather than a recent, comprehensive renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7828, living area = 1486.
The property is situated on a desirable corner lot with excellent accessibility to the I-17, local schools, parks, and shopping, making it a highly convenient central valley location.
The home features durable wall-to-wall tile flooring and a kitchen equipped with granite countertops and ample cabinet storage, combining aesthetic appeal with practical longevity.
Built in 1954, the property may require more frequent maintenance or updates to major systems compared to newer builds to ensure modern efficiency and safety standards.
The front yard is currently a 'clean slate,' which implies a lack of established landscaping and will require an immediate investment of time and capital to improve the home's exterior presentation.
You will love this one! It's on a corner lot centrally located in the valley on minutes from the I-17 and great schools & parks. Also close to shopping restaurants, and more! It offers wall to wall tile flooring, a huge living room as you enter the home and good sized bedrooms with ceiling fans. The backyard has a gazebo, covered patio, and no maintenance landscaping. The front yard offers a clean slate to landscape however you care to imagine. Granite countertops in the kitchen along with more than enough cabinet storage space. Extra shelving in the laundry room for additional storage. Come take a look at this gem before it's gone! You won't be disappointed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,486 | 1,620 | 30% |
| Lot Size | 7,828 | 7,706 | 53% |
| Price | $359.0K | $350.0K | 54% |
| Price per sq ft | $242 | $219 | 71% |
| Built year | 1954 | 1967 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 298 | 350 | 47% |
Jul 2, 2025
$359,000
Initial Listing