8857 N 12TH Place, Phoenix, AZ 85020, Phoenix, 85020 - 2 bed, 2 bath
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Phoenix, AZ 85020
This townhome presents a Strong Value Opportunity, listed at $210,000—positioned above the $197,811 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 4, featuring a versatile floor plan with potential for a 3rd bedroom and a private patio with mountain views. Located near the Phoenix Mountain Preserve, this asset provides a functional foundation for value-add cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a customizable home in a prime outdoor-centric location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8857 N 12TH Place Subject | $210,000* List Price | 2 | 2 | 1,023 | $193 | - |
A 10201 N 8TH Place A Sold | $170,000 | 2 | 2 | 882 | $193 | 0.9 mi |
B 8841 N 12TH Place Active | $215,000 List Price | 2 | 2 | 924 | $233 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is over 50 years old but avoids 'Tear-down' status due to maintenance and partial updates. While it features a newer Bosch dishwasher, tile flooring, and dual-pane windows, the kitchen cabinetry and overall interior finishes are dated and exceed the 20-year threshold for modern standards, requiring cosmetic updates.
Situated just blocks from the Phoenix Mountain Preserve with scenic mountain views, offering excellent access to outdoor recreation in a quiet corner of the community.
The current 2-bedroom layout can easily be converted back into a 3-bedroom home, providing significant potential for equity growth and increased functional utility.
The home features quality interior elements including a Bosch dishwasher, energy-efficient dual-pane sliding doors, and durable tile flooring throughout the main level.
Built in 1973, the property may require updates to major systems or cosmetic modernizations to align with contemporary market standards.
While the high school is well-rated, the local elementary and middle schools have lower ratings, which may limit appeal for families with school-aged children.
Charming townhome ideally located just blocks away from the Phoenix Mountain Preserve. 2 Bedrooms (could easily be converted back to a 3 bedroom) 1.5 bath home tucked away in a quiet corner of community. Cozy kitchen has breakfast bar & Bosch Dishwasher. All tile flooring downstairs and Dual pane glass sliding door to a private patio. Lots of natural light inside, ceiling fans, 2 storage closets and laundry room.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 5-8 • 2.6 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,023 | - |
| Lot Size | 930 | - |
| Price | $210.0K | $341.8K |
| Price per sq ft | $205 | $259 |
| Built year | 1973 | 0 |
| HOA | $291 | $0 |
| Days on market | 3 | 1211 |
Jul 23, 2026
$210,000
Initial Listing