$550,000

401 W Cape Royal Ln Phoenix, AZ 85023

$6,531
Closing credit¹
4 beds
2 baths
2,331 sqft
0.2 acres
$236 / sqft
House

Property details

About 401 W Cape Royal Ln

North central Phoenix investment opportuntiy. Needs updates but huge potential for the right investor. Borders 14 acres of private green space and on a cul-de-sac.

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size2,331 sqft
Lot size0.17 Acres
Year built1978
MLS #6870310
Garage2 spaces
Fireplace1 Fireplace

Summary

  • Interior: Full Bth Master Bdrm
  • Fireplace: 1 Fireplace
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Private Pool: No
  • Heating: Electric
  • Cooling: Central Air
  • List Price: $550,000
  • Price/SqFt: $235
  • HOA Amount: $245 Monthly
  • Annual Tax Amount: $3,342
  • Tax Year: 2024
  • Lot: Desert Back, Desert Front
  • Year Built: 1978
  • Stories: 1
  • Living Area: 2,331 SqFt
  • Lot Size: 0.17 Acres
  • MLS Number: 6870310
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Done Deal
  • Office Phone: (602) 610-1900
  • Office Email: broker@donedealrealty.com
  • Listing Agent: John Rowan

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 11:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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401 W Cape Royal Ln, Phoenix, AZ 85023 - back of property featuring stucco siding and a tile roof

$550,000

401 W Cape Royal Ln

$6,531

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 26, 1996
Home Sold
$130,000

Tax history

YearAssessmentProperty Tax
2024$52,510$3,342
2023$43,670$3,224
2022$34,380$3,306
2020$26,960$3,217
2019$25,660$3,069
2017$22,520$3,060

History based on county public records data.

Nearby schools

7

Lookout Mountain Elementary School

Public District KG-6

0.2 mi

15 W Coral Gables Dr

3

Moon Mountain Elementary School

Public District PK-6

1.5 mi

13425 N 19th Ave

4

Cactus View Elementary School

Public District PK-6

1.6 mi

17602 N Central Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $130,082. Most Phoenix, AZ residents have annual incomes between $100k-200k. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

12%
<35k
28%
35k-100k
35%
100k-200k
25%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

26%
Single, No Kids
5%
Single, with Kids
49%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
9%
12-17 yrs old
9%
18-34 yrs old
46%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • Chico'sChico's

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • ChipotleChipotle

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • CadillacCadillac

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 401 W Cape Royal Ln

The listing price of 401 W Cape Royal Ln property is $550,000.

The property 401 W Cape Royal Ln is a house located in Phoenix, Arizona, 85023.

Active Listing: 401 W Cape Royal Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 401 W Cape Royal Ln are: Lookout Mountain Elementary School (GreatSchools Rating 7/10), Moon Mountain Elementary School (GreatSchools Rating 3/10), Cactus View Elementary School (GreatSchools Rating 4/10), Mountain Sky Junior High School (GreatSchools Rating 5/10), Hearn Academy the - a Ball Charter School (GreatSchools Rating 8/10), Reid Traditional Schools' Painted Rock Academy (GreatSchools Rating 9/10), Thunderbird High School (GreatSchools Rating 7/10), Intelli-School - Paradise Valley (GreatSchools Rating 1/10), Arizona Conservatory for Arts and Academics (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $3,342 (source: MLS/based on county public records data).

The last sale was on September 26, 1996 for $130,000 (source: MLS/tax record).

The property at 401 W Cape Royal Ln has 4 bedrooms and 2 bathrooms.

The property 401 W Cape Royal Ln is 2,331 SqFt (source: MLS/tax record).

The year of construction for 401 W Cape Royal Ln is 1978.

This home is located at 401 W Cape Royal Ln in Phoenix, AZ and zip code 85023 in the North Mountain neighborhood. This 2,331 square foot home, which was built in 1978, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $550,000.

While more than 217 listings in Phoenix, AZ in April 2025 were sold above asking price, there were more than 405 listings sold at asking price, and more than 786 were sold below. In April 2025 in Phoenix, AZ there were 5.8% more homes for sale than in March. Listings spent 67 days on the market in April 2025, and had a median list price of $457,998 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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