12602 N 22ND Street, Phoenix, AZ 85022, Phoenix, 85022 - 4 bed, 2 bath
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Phoenix, AZ 85022
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $480,000—positioned well below the $475,445 Fair Market Value (Note: List price is slightly above market, reflecting the unique utility of the lot). With a Fair Condition Rating, the property offers significant upside through modernization. The 1/3+ acre lot, detached guest house, and 3-car garage provide rare versatility for hobbyists or multi-generational living. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential asset in North Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12602 N 22ND Street Subject | $470,000* List Price | 4 | 2 | 1,644 | $289 | - |
A 12819 N 22ND Place Sold | $425,000 | 3 | 1 | 1,582 | $269 | 0.2 mi |
B 2125 E SWEETWATER Avenue Sold | $372,000 | 3 | 2 | 1,450 | $257 | 0.2 mi |
C 2125 E SWEETWATER Avenue Sold | $372,000 | 3 | 2 | 1,450 | $257 | 0.2 mi |
D 1909 E REDFIELD Road Sold | $585,000 | 3 | 2 | 1,851 | $316 | 1.0 mi |
E 1909 E REDFIELD Road Sold | $585,000 | 3 | 2 | 1,851 | $316 | 1.0 mi |
F 12833 N 22ND Street Active | $529,900 List Price | 3 | 2 | 1,889 | $281 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1946, the property is significantly dated but appears well-maintained. While the interior features functional tile flooring and plantation shutters, the vanity lighting, cabinetry, and fixtures are over 20-30 years old. The home is move-in ready but requires modern updates to the kitchen, baths, and likely major systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16039, living area = 1644.
The property features a detached guest house and nearly 2,500 sq. ft. of combined living space, offering exceptional flexibility for multi-generational living, a home office, or potential rental income.
With a detached 3-car garage, RV gate, and over 5 covered parking spaces, this home is perfectly suited for hobbyists, contractors, or owners with multiple recreational vehicles and toys.
Originally built in 1946, the home may require significant updates to its core systems or cosmetic finishes to align with modern buyer expectations and energy efficiency standards.
The assigned elementary and middle schools carry lower performance ratings (3 and 4 respectively), which could impact the property's appeal to families prioritizing top-tier educational districts.
Exceptional opportunity to own a spacious 4-bedroom, 2-bath home offering nearly 2,500 sq. ft. of combined living space on an oversized 1/3+ acre lot with NO HOA! The detached guest house provides endless possibilities for extended family, guests, a home office, studio, or hobby space. A detached 3-car garage offers abundant parking, storage, or workshop space. The expansive backyard has an RV gate, storage sheds, and 5+ covered parking for your toys,. Conveniently located near PV, Scottsdale, and Phoenix shopping, dining, parks, hiking trails, A+ schools, and 51 and 101 freeway access, this unique property combines space, flexibility, and value. Rarely does a North Phoenix property offer this combination of size, versatility, and freedom to build a perfect lifestyle and home.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,644 | - |
| Lot Size | 16,039 | - |
| Price | $470.0K | $495.4K |
| Price per sq ft | $286 | $290 |
| Built year | 1946 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 1260 |
Jul 16, 2026
$470,000
$480,000
-2% Price Drop
Initial Listing
Jul 6, 2026
$480,000
Initial Listing