4039 E Edgemont Avenue Phoenix, 85008

Bedrooms:
3
Bathrooms:
2
Square Feet:
2,120 sqft
Price $749,000 .00
Approx /month
Get More Details
Sale Price:
$749,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$3,062
Insurance: (year)
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Virtual Tour of 4039 E Edgemont Avenue , Phoenix 85008

Property Description

Experience the epitome of renovated elegance in this stunning ranch-style home nestled in the highly sought-after Arcadia Light District. Spanning a generous 2,020 sq ft, this residence boasts three master bedrooms, two bathrooms, and an expansive 700+ sq ft permitted addition. This versatile space is perfect for a game room, a secluded bedroom with independent access, or an income-generating property. It has previously thrived as a studio rental on Airbnb, generating an impressive $25,000 per year in additional income for three consecutive years. The home's interior is a testament to modern design, with incredible vaulted ceilings and beautiful tile flooring extending throughout. The kitchen has undergone a complete transformation, featuring granite countertops, a farm-style sink, a nd sleek Delta faucets. For pet owners, a high-end professional dog door adds convenience. Outside, the property is equipped for both entertainment and practicality. Two covered carports provide space for four cars, with additional off-street parking available. Storage is ample, with extra space above the carports. The patio is an outdoor oasis, complete with a premier sound system, multiple fans, and an outdoor shower. The newly remodeled pool is a centerpiece, boasting a Baja deck for sun lounging, LED color lighting, new jets, and an aeration system for cooling. The living room offers a cozy retreat with a large ten-foot bay window that frames views of Camelback Mountain. The property has been upgraded with a new roof, two new side gates, and three storage areas. Safety and security are prioritized with solar street lights in the alley, bright lighting, a home security system, and a state-of-the-art 4K CCTV and Ring video system with TV access from the living room and master bedrooms. The guest suite, previously a successful Airbnb rental, adds flexibility and potential for additional income. The home is also equipped with a 10kWh generator with a natural gas connection, a new AC system, a new water heater, new windows and doors, and all new internal sewer lines. The landscaping is low-maintenance, with fertile soil that produces beautiful grass with minimal effort. Convenience is key, with the property located within walking distance of three grocery stores. For those seeking nightlife or transportation, it's just a 5-minute Uber ride or 10-minute bike ride to the Phoenix light rail system. The home is strategically positioned less than 10 minutes from Phoenix International Airport, Old Town Scottsdale, and Downtown Phoenix, making it an ideal location for both leisure and commuting. This turn-key home is ready to provide its new owners with a perfect blend of comfort, convenience, and potential income in one of the most desirable neighborhoods in the area.

General Information

Price:
$749,000
Status:
Active
Listing Updated:
4/12/2024
List Date:
3/29/2024
Close Date
Square Feet:
2,120
Bedrooms:
3
Bathrooms:
2
Garage Spaces:
0.00
Year Built:
1952
Builder Name:
Unk
Subdivision:
Rancho Ventura TR 14 Lot 367-396
City:
Phoenix
Zip:
85008
County:
Maricopa
HOA Y/N:
No
HOA Fee:
$0
HOA Paid Frequency:
HOA Transfer Fee:
Taxes:
$3,062
Tax Year:
2023
MLS ID:
6684422
Listing Attribution:
LPT Realty, LLC
Buyer Agency Compensation:
2.00%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Property Features

Interior Features
No Interior Steps, Vaulted Ceiling(s), Pantry, Separate Shwr & Tub
Exterior Features
Flooring
Tile
Laundry
Fireplace Features
None
Cooling
Refrigeration, Programmable Thmstat, Ceiling Fan(s)
Heating
Mini Split, Natural Gas
Utilities
Pool
Private
Spa
None
Construction Finish
Painted, Block
Roofing
Composition
Water
City Water
Sewage
Public Sewer
Fencing
Block

School Information

High School:
Camelback High School
High School District:
Phoenix Union High School District
Middle School:
Griffith Elementary School
Elementary School:
Griffith Elementary School
Elementary School District:
Balsz Elementary District

Community Information

Subdivision:
Rancho Ventura TR 14 Lot 367-396

Lot Information

Lot Size (sq feet):
10,594
Lot Features:
Grass Front, Irrigation Front, Irrigation Back
Fencing:
Block

Location Information

Directions:
Cross Street:
Map:
View on Map

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

4039 E Edgemont Avenue Phoenix AZ 85008

Property Type:
Single Family - Detached
Bedrooms:
3
Bathrooms:
2
Interior SqFt:
2120
Interior Stories:
1
Year Built:
1952

41 Closed Properties

Address
Distance/Miles
Closed Price
Details
0.85 Miles
$665,000
0.87 Miles
$1,450,000
1.49 Miles
$1,275,000
0.57 Miles
$905,000
0.67 Miles
$1,260,000
1.23 Miles
$498,000
0.21 Miles
$730,000
1.91 Miles
$980,000
1.18 Miles
$1,300,000
0.56 Miles
$625,000
0.74 Miles
$1,100,000
0.39 Miles
$766,000
1.76 Miles
$665,000
0.96 Miles
$1,650,000
1.73 Miles
$1,190,000
0.81 Miles
$825,000
1.17 Miles
$1,160,000
1.94 Miles
$1,475,000
1.81 Miles
$1,385,000
1.56 Miles
$1,575,000
0.46 Miles
$820,000
0.12 Miles
$575,000
1.2 Miles
$1,000,000
1.85 Miles
$625,000

56 Active Properties

Address
Distance/Miles
Active Price
Details
1.11 Miles
$1,130,000
1.56 Miles
$1,599,000
0.81 Miles
$750,000
1.29 Miles
$1,150,000
1.62 Miles
$999,900
1.77 Miles
$1,349,999
1.2 Miles
$1,395,000
1.34 Miles
$1,095,000
0.9 Miles
$750,000
1.69 Miles
$750,000
1.55 Miles
$750,000
1.31 Miles
$649,900
0 Miles
$749,000
1.31 Miles
$1,050,000
1.27 Miles
$1,650,000
0.85 Miles
$1,350,000
0.8 Miles
$695,000
1.87 Miles
$1,095,000
1.76 Miles
$1,225,000
0.55 Miles
$984,995
0.57 Miles
$995,000
0.83 Miles
$1,449,000
1.95 Miles
$2,650,000
0.45 Miles
$535,000