
Phoenix, AZ 85020
This 3-bedroom townhouse presents a Strong Value Opportunity, listed at $369,500—positioned well below the $389,977 Fair Market Value by 5%. This valuation gap offers $20,477 in Instant Equity. With a Condition Rating of 3, the property features $30,000 in recent mechanical upgrades, including a new AC and electrical panel. Its versatile floor plan, featuring a main-level primary suite and private patio, makes it an ideal choice for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home near North Mountain Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9801 N 5TH Street Subject | $349,999* List Price | 3 | 3 | 1,566 | $244 | - |
A 10836 N 10TH Place Sold | $312,000 List Price | 2 | 2 | 1,560 | 0.8 mi | |
B 1010 E LOIS Lane Sold | $378,000 | 3 | 2 | 1,608 | $235 | 0.7 mi |
C 1172 E COCHISE Drive Sold | $300,000 | 3 | 2 | 1,194 | $251 | 0.7 mi |
D 1125 E North Lane 1 Sold | $276,444 List Price | 2 | 2 | 976 | 0.7 mi | |
E 10231 N 12TH Court 3 Sold | $315,000 | 2 | 2 | 1,436 | $219 | 0.7 mi |
F 934 E BECKER Lane Active | $435,000 List Price | 3 | 2 | 1,608 | $271 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1983, the property is well-maintained and move-in ready. It features excellent updated systems including a new AC and water heater (2023) and a brand-new electrical panel (2024). While interior cosmetics like the cabinetry and carpet appear dated, the $30,000 in recent functional improvements elevates the condition above fair.
With over $30,000 in recent improvements including a new AC, water heater, and upgraded electrical panel, the property offers enhanced reliability and reduced immediate maintenance costs for the buyer.
The layout features a highly desirable main-level primary suite and a flexible upstairs loft, making it an ideal configuration for multi-generational living or a dedicated home office.
Positioned on a corner lot just south of North Mountain Park, the property provides added privacy and immediate access to premier hiking trails and resort-style amenities.
The assigned elementary school has a lower rating of 3, which may be a significant consideration for families prioritizing high-performing primary education districts.
The monthly association fee of $325 represents a fixed carrying cost that may impact the overall affordability and debt-to-income ratio for some prospective buyers.
***Appraisal for listing price in hand***Over $30,000 in updates--including a new AC and water heater in 2023, plus a fully upgraded electrical panel this year. See the Documents tab for the complete improvement list. This corner-lot townhouse sits in a prime location just south of North Mountain Park and Pointe Tapatio Resort. Inside, the main level features a full primary suite conveniently positioned off the living room. Upstairs offers two additional bedrooms, a loft, and a second full bathroom--ideal for guests, family, or a home office setup. The backyard is finished with low-maintenance turf, creating an inviting space to unwind in the evenings or fire up the grill.
No exterior & parking available.
Grades K-8 • 0.2 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,566 | - |
| Lot Size | 2,307 | - |
| Price | $350.0K | $341.8K |
| Price per sq ft | $223 | $259 |
| Built year | 1983 | 0 |
| HOA | $325 | $0 |
| Days on market | 75 | 1211 |
Jul 3, 2026
$349,999
$359,999
-3% Price Drop
Initial Listing
May 30, 2026
$359,999
$369,500
-3% Price Drop
Initial Listing
May 8, 2026
$369,500
Initial Listing