5 Phoenix homes were bought and resold within a year for the greatest profit

When analyzing the Phoenix homes that have changed hands twice in the last year, the following five properties are the most profitable. These homes bring their former owners between $ 460,000 and $ 600,000 in just a few months, and are also testament to Phoenix’s increasingly dynamic real estate market. The homes here don’t seem to be spending much time in the market, which indicates the city’s growing appeal.

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1. 5426 E. Pinchot Ave., Phoenix

• 4 beds, 3 baths, 2,942 square feet

• Vaulted ceilings, fireplace, wood porcelain floors, two large courtyards with seating areas, covered terrace with barbecue area, garage for two cars

• May 2020 sales price: $ 402,400

• December 2020 sales price: 1,002,102 USD

• Price difference: 599,702 USD

2. 3523 N. 34th Pl., Phoenix

• Beds, 4.7 baths, 3,304 square feet

• Details N / A

• April 2020 sales price: $ 643,000

• Sales price November 2020: $ 1,161,250

• Price difference: $ 518,250

3.4119 E. Pinchot Ave., Phoenix

• – Beds, 2 bathrooms, 1,452 square meters

• Details N / A

• July 2020 sales price: $ 480,879

• December 2020 sales price: $ 985,771

• Price difference: $ 504,892

4. 6420 N. 31st Pl., Phoenix

• 3 beds, 2.5 baths, 2,641 square feet

• View of the Piestewa summit, spacious master retreat, impressive bathroom, direct access to the covered rear terrace

• Sales price March 2020: $ 810,000

• December 2020 sales price: $ 1,280,000

• Price difference: $ 470,000

5. 70 W. Encanto Blvd., Phoenix

• 3 beds, 2.5 baths, 1,930 square meters

• new pool and garage built to be easily converted into a residential / pool house

• May 2020 sales price: $ 326,000

• Sales price November 2020: $ 789,000

• Price difference: $ 463,000

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