FIX & FLIP · 4 BED · OVERSIZED 11,187 SF LOT · POOL · WEST PHOENIX W Fairmount Ave, Phoenix, AZ 85037

PURCHASE PRICE:
$289,700
Net to Seller

ARV 430K+ Depending on Scope of Work

• PROPERTY TYPE: Single Family Residential

• ROOMS: 4 BD / 2 BA

• SQFT: 1,570

• LOT: 11,187 · 0.26 Acres

• YEAR BUILT: 1973

• HOA: Tierra La Bella, 94/mo

• PARCEL: Maricopa County 102-23-190

• TERMS: Cash or Hard Money · 5K non-refundable EMD · 10 Day COE

• CALL FOR ACCESS: Owner occupied, showings by appointment

DETAILS:

4 bed, 2 bath single story with 1,570 sqft of living space and a garage on an oversized 11,187 sqft lot (0.26 acres), about 1.7 times the lot size of the remodeled homes selling around it. That extra yard gives the next owner room for RV or boat parking, a bigger backyard build out, or added living space (buyer to verify with the city). The home already has a pool, a feature buyers are paying top dollar for in this neighborhood, and it sits in the same Tierra La Bella community (94/mo HOA) where a fully renovated 4/2 pool home on half the lot just sold for 434.2K. Another updated 4/2 pool home a few streets over sold for 428K after trading as a fixer for 280K, a clear proven flip path for this exact product. Interior is decent but dated and needs a full cosmetic refresh. Roof needs replacement, the pool is not working and needs to be resurfaced or rebuilt, and the garage door needs attention. Seller is staying on a short post possession of up to 15 days after close of escrow, with a 10K holdback in escrow and a 200 per day penalty to guarantee move out. Strong resale demand for remodeled 4 bed homes in West Phoenix, about a 10 minute drive to State Farm Stadium and the Westgate Entertainment District. Buyer to perform own due diligence.

Disclaimer: Offered as an assignment of the contract (equitable interest). Buyer to verify all information including square footage, lot size, room count, zoning, permitting, mechanical systems, pool condition, roof condition, and property condition prior to closing.

CALL or TEXT FOR MORE INFO

(623) 283 2623

COMPARABLE SALES:

• 8618 W Clarendon Ave · Sold 434,200 (Single Family · Phoenix 85037)

• 8531 W Vale Dr · Sold 428,000 (Single Family · Phoenix 85037)

• 4002 N 86th Dr · Sold 409,900 (Single Family · Phoenix 85037)

• 3911 N 87th Ave · Sold 389,900 (Single Family · Phoenix 85037)
  

(623) 283-2623
[email protected]