For Sale By Owner in Arcadia Lite

Currently for sale by owner in Arcadia
4236 E Patricia Jane Dr

4236 E Patricia Jane Dr is currently for sale by owner in Arcadia.  This home sits on one one of the most sought after streets in the LGO area.  The home is 2,042 sq.ft. in a 4 bedroom / 2.5 bed layout.  The owner just reduced the price to $515,000.

The home definitely needs a makeover, but the solid block construction gives you some good bones to work with.  The kitchen, baths, and concrete floors need to be redone.  There is a pool in the back with great views of Camelback Mountain to the Northeast.

Homes for sale on Patricia Jane currently range from $475,000 to $750,000.  This house would really make sense around $475,000 which would allow you about $75,000 for remodel expenses for an All-In cost of $550,000.  All-In at $550,000 would only be $269 per sq.ft.  Fair value is currently closer to $300 per sq.ft. for a fully remodeled home in this part of the neighborhood.

It isn’t often that you find homes like that are for sale by owner in Arcadia.  These deals usually allow you to make a better purchase than when they hit the MLS.

If you would like more information about this home or other homes in Arcadia, please give me a call at (602)-561-0445.