$500,000
Phoenix, AZ 85016
MLS# 7020347
3 beds | 2 baths
1 / 7
Property Description
Incredible opportunity in the highly sought-after Biltmore/Arcadia Lite area! This 3 bedroom, 2 bathroom block construction home sits on a spacious 8,400+ sqft lot with north/south exposure, offering endless potential for investors, remodelers, or buyers looking to create their dream home. Located in one of Phoenix's most desirable central neighborhoods, just minutes from top dining, shopping, and freeway access, this property is all about location and upside. The home is being sold AS-IS and is ready for your vision -- whether that's a full remodel, light renovation, or long-term hold. Opportunities like this, with lot size, location, and potential, don't come around often in this price point. Don't miss your chance to invest in one of Phoenix's strongest appreciating pockets!
Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $500,000
Status: Active
Current Price: $500,000
List Date: 2026-04-28
Location, Tax & Legal
Assessor's Map #: 7
Legal Description (Abbrev): LOT 34 HOFFMAN TERRACE MCR 004541
Assessor's Parcel #: 34
Tax Municipality: Maricopa - COUNTY
Taxes: 2947
House Number: 2514
Compass: E
Street Name: TURNEY
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Zip4: 5617
Country: US
County Code: Maricopa
Assessor Number: 163-07-034
Subdivision: HOFFMAN TERRACE
Tax Year: 2025
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Full Bathrooms: 2
Half Bathrooms: 0
Approx SQFT: 1302
Price/SqFt: 384.02
Approx Lot SqFt: 8464
Approx Lot Acres: 0.194
Horses: N
Builder Name: Unknown
Lead Based Hazard Disclosure: No
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison #1 Elementary School
Jr. High School: Madison #1 Elementary School
High School: Camelback High School
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 3
Total Bathrooms: 2
Year Built: 1948
Legal Info
Range: 3E
Section: 23
Township: 2N
Lot Number: 34
Special Listing Cond
N/A: 1
Exclusions (SeeRmks): 1
Owner/Agent: 1
Construction
Brick: 1
Const - Finish
Brick Veneer: 1
Roofing
Composition: 1
Pmt & Rate Info
Down Payment: 0
Total Asum Mnth Pmts: 0
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
PAD Fee: 0
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2: 0
Cap Improvement/Impact Fee 2 $/%: $
Land Lease Fee Y/N: N
Land Lease Fee: 0
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Supra: 1
Architecture
Ranch: 1
Master Bathroom
3/4 Bath Master Bdrm: 1
Master Bedroom
Downstairs: 1
Flooring
Tile: 1
Wood: 1
Dining Area
Eat-in Kitchen: 1
Dining in LR/GR: 1
Heating
Natural Gas: 1
Kitchen Features
Dishwasher: 1
Disposal: 1
Gas Oven: 1
Gas Range: 1
Built-in Microwave: 1
Pantry: 1
Refrigerator: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Interior Features
No Interior Steps: 1
Laundry
Washer Included: 1
Dryer Included: 1
Basement
Basement Y/N: N
Other Rooms
Great Room: 1
Separate Den/Office
Sep Den/Office Y/N: N
Technology
Cable TV Avail: 1
High Speed Internet: 1
Fencing
Block: 1
Water Source
City Water: 1
Exterior Features
Covered Patio(s): 1
Patio: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 0
Total Covered Spaces: 1
Garage Spaces: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Utilities
SW Gas: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Terms
Non Assumable: 1
Landscaping
Grass Front: 1
Grass Back: 1
Services
City Services: 1
Unit Style
All on One Level: 1
Contact Info
List Agent Home Phn: 480-658-5688
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
Close of Escrow: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
Not Managed: 1
Remarks Misc
Cross Street: 24th Street & Camelback
Geo Lat: 33.50058
Geo Lon: -112.027418
Property Features
Special Listing Cond: N/A; Exclusions (SeeRmks); Owner/Agent
Architecture: Ranch
Master Bathroom: 3/4 Bath Master Bdrm
Master Bedroom: Downstairs
Flooring: Tile; Wood
Spa: None
Dining Area: Eat-in Kitchen; Dining in LR/GR
Kitchen Features: Gas Oven; Gas Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry
Laundry: Washer Included; Dryer Included
Other Rooms: Great Room
Interior Features: No Interior Steps
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Covered Patio(s); Patio
Construction: Brick
Const - Finish: Brick Veneer
Roofing: Composition
Cooling: Central Air; Ceiling Fan(s)
Heating: Natural Gas
Utilities: SW Gas
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Landscaping: Grass Front; Grass Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra
Possession: Close of Escrow
Unit Style: All on One Level
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Terms: Non Assumable
New Financing: Cash; VA; FHA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: HomeSmart
Last Updated: April - 29 - 2026
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