9062 N 51ST Lane, Glendale, AZ 85302, Glendale, 85302 - 3 bed, 2 bath
Loading property details...
Glendale, AZ 85302
This functional townhouse represents a Strong Value Opportunity, listed at $249,000—positioned well below the $269,748 Fair Market Value by 7%. This valuation gap provides $20,748 in Instant Equity for the incoming owner. While maintaining a Fair Condition Rating due to its 1973 vintage, the interior features a newer kitchen, central air conditioning, and a covered patio. Residents benefit from community pool access and FHA financing eligibility. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, value-driven entry into the Glendale market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9062 N 51ST Lane Subject | $245,000* List Price | 3 | 2 | 1,165 | $207 | - |
A 5046 W New World Drive Sold | $250,000 | 2 | 2 | 1,045 | $239 | 0.3 mi |
B 5112 W CAROL Avenue Sold | $289,500 | 2 | 2 | 1,280 | $226 | 0.2 mi |
C 4776 W EVA Street Sold | $310,000 | 3 | 3 | 1,514 | $205 | 0.5 mi |
D 5906 W TOWNLEY Avenue Sold | $239,995 List Price | 2 | 1 | 1,026 | 0.9 mi | |
E 8860 N 47TH Drive Sold | $275,000 | 3 | 2 | 1,352 | $203 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this townhouse falls into the 'fair' category as it is over 50 years old and shows signs of being aged despite some updates. While the listing highlights a 'newer kitchen' and central AC, the images reveal dated features such as older carpeting in the bedrooms and a patio area that requires maintenance and cleanup. The property is functional and lived-in but lacks a comprehensive modern renovation, and the 1.5 bathroom layout is outdated for a three-bedroom home.
Priced competitively at $249,000 and eligible for FHA financing, this property serves as an ideal and accessible entry point for first-time homebuyers.
The home includes a newer kitchen, central air conditioning, and a water softener, providing immediate functional value and reducing the need for initial upgrades.
Residents enjoy access to a community pool and amenities with a relatively low monthly association fee, enhancing the overall lifestyle and value proposition.
With only one full bath and one half-bath for a three-bedroom unit, the layout may be less convenient for larger families or shared living situations.
Built in 1973, the townhome may require more frequent maintenance or future updates to aging structural and mechanical systems compared to newer constructions.
3-bedroom, 1 full bath and 1 half bath townhome. Eligible for FHA financing for first-time homebuyers. Features include newer kitchen, ceiling fans in every room, covered patio, central air conditioning, and water softener included. Access to community pool and amenities. Convenient location near shopping and services.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 68% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,165 | 1,205.5 | 50% |
| Lot Size | 112,049 | 2,053.5 | 95% |
| Price | $245.0K | $232.5K | 50% |
| Price per sq ft | $210 | $208 | 50% |
| Built year | 1973 | 1973 | 50% |
| HOA | $187 | $164 | 73% |
| Days on market | 35 | 2530 | 5% |
Apr 19, 2026
$245,000
$249,000
-2% Price Drop
Initial Listing
Mar 18, 2026
$249,000
Initial Listing