9417 N 17TH Place, Phoenix, AZ 85020, Phoenix, 85020 - 5 bed, 3 bath
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Phoenix, AZ 85020
This Value-Add Residential Asset presents a High-Potential Investment Opportunity with a List Price of $650,000—positioned well below the $908,561 Fair Market Value by 28%. This significant valuation gap provides $258,561 in Instant Equity for buyers prepared to modernize the Fair Condition interior. Featuring a rare fire sprinkler system, mountain views, and no HOA, the 5-bedroom layout is optimized for high-occupancy use or assisted living. Located near Mercury Mine Elementary, this is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9417 N 17TH Place Subject | $650,000* List Price | 5 | 3 | 2,131 | $426 | - |
A 1840 E CINNABAR Avenue Sold | $660,000 | 4 | 2 | 2,148 | $307 | 0.4 mi |
B 1840 E CINNABAR Avenue Sold | $660,000 | 4 | 2 | 2,148 | $307 | 0.4 mi |
C 1121 E TOWNLEY Avenue Sold | $499,900 | 3 | 3 | 1,876 | $266 | 0.8 mi |
D 1121 E TOWNLEY Avenue Sold | $499,900 | 3 | 3 | 1,839 | $272 | 0.8 mi |
E 1121 E TOWNLEY Avenue Sold | $499,900 | 3 | 2 | 1,839 | $272 | 0.8 mi |
F 9654 N 18TH Street Pending | $595,000 List Price | 3 | 2 | 1,929 | $308 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this property is aged and explicitly requires repairs and updating according to the listing description. The interior images reveal dated finishes, including older tile flooring, basic cabinetry, and 'Hollywood' style light fixtures. While the home is sold 'as-is' and shows significant signs of being outdated, the presence of a fire sprinkler system and its current use for high-occupancy housing suggest that major systems are functional and the property has been maintained through regular upkeep, placing it in the 'fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9910, living area = 2131.
With 5 bedrooms, 2 additional sleeping quarters, and an existing fire sprinkler system, this property is uniquely positioned for large families or as a turnkey-ready facility for assisted living or group home use.
The property offers scenic mountain views and the freedom of no HOA restrictions, providing both aesthetic appeal and flexibility for property modifications or business operations.
The home is being sold in as-is condition and requires significant repairs and updating, which may necessitate a substantial post-closing budget and could impact traditional financing options.
Built in 1976 and noted as needing work, the property likely requires modernization of major systems and cosmetic finishes to meet current market standards and energy efficiency.
This home is equipped with a fire sprinkler system, offering safety and peace of mind for residents and guests. This home with 5-bedrooms, 2 sleeping quarters, and 2.5-baths has a large kitchen, dining area, den/office, and ample storage. With mountain views and no HOA restrictions, this is a welcoming location for 9-10 residents. This home needs repairs and updating. This home is being sold AS IS and has been priced accordingly.
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades K-8 • 1.5 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 2,131 | 1,952 | 54% |
| Lot Size | 9,910 | 8,306 | 59% |
| Price | $650.0K | $446.0K | 69% |
| Price per sq ft | $305 | $283 | 54% |
| Built year | 1976 | 1967 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 1413 | 1% |
Feb 19, 2026
$650,000
Initial Listing