12221 W BELL Road 223, Surprise, AZ 85378, Surprise, 85378 - 1 bed, 1 bath
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Surprise, AZ 85378
This recently upgraded end-unit studio condo is a High-Potential Investment Opportunity with a List Price of $110,000—positioned well below the $136,261 Fair Market Value by 19%. This valuation gap offers $26,261 in Instant Equity. Featuring a Good Condition Rating, the interior boasts modern wood-look flooring and fresh paint. Located near the Loop 303 and the North Valley tech corridor, the property benefits from high rental demand and strategic accessibility. It is an ideal asset for Buy-and-Hold Investors or first-time buyers looking for a turnkey, value-driven residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12221 W BELL Road 223 Subject | $110,000* List Price | 1 | 1 | 503 | $271 | - |
A 12221 W BELL Road 117 Sold | $89,000 List Price | 1 | 1 | 560 | 0.0 mi | |
B 12123 W BELL Road 340 Sold | $112,000 | 0 | 1 | 459 | $244 | 0.1 mi |
C 12123 W BELL Road 340 Sold | $112,000 | 0 | 1 | 459 | $244 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition following recent interior upgrades. It features modern wood-look tile or LVP flooring throughout, fresh neutral paint, and updated bathroom fixtures. While the building was constructed in 1987, the unit shows minimal wear and tear. The kitchen and bathroom have been refreshed with newer vanities and cabinetry, although the appliances are standard-grade white models rather than high-end stainless steel, which aligns with a 'Good' rather than 'Excellent' rating.
The unit has been recently renovated, offering a modern aesthetic and move-in-ready condition that appeals to both first-time buyers and investors looking for low immediate maintenance.
Situated with easy access to Loop 303 and the growing North Valley tech corridor, the property is well-positioned for future appreciation and high rental demand from the semiconductor employment centers.
As an end-unit, this condo provides enhanced natural light and privacy, while the rare inclusion of elevator access adds a level of convenience and accessibility not often found in similar complexes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 503, other record living area = 405.
At only 503 square feet, the studio layout offers limited living and storage space, which may restrict the potential buyer pool to single occupants or short-term renters.
The assigned elementary school carries a lower performance rating (3/10), which could be a drawback for buyers concerned with local educational infrastructure and long-term resale value.
Beautifully recently upgraded end-unit studio condo. This light-filled unit offers added privacy with its end-unit position and features a private balcony, perfect for relaxing or enjoying Arizona evenings. The community is known for its quiet, well-maintained environment and includes the convenience of elevator access, a rare feature in similar complexes. Ideally situated near shopping, dining, and major roadways, this property offers both comfort and accessibility. Perfect for a first-time buyer or investment rental opportunity. +Easy access to Loop 303 and just a short drive to the rapidly growing North Valley tech corridor, including major semiconductor developments and employment centers.
No exterior & parking available.
Grades PK-8 • 1.5 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1987 | - | 0% |
| HOA | $190 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 17, 2026
$110,000
Initial Listing