
Phoenix, AZ 85022
This Spacious Single-Level Residence is a Strong Value Opportunity, listed at $559,900—positioned well below the $606,263 Fair Market Value by 7%. This valuation gap secures $46,363 in Instant Equity for the incoming buyer. Holding a Condition Rating of 3, the home features a New HVAC (2023), New Electrical Panel (2024), and New Windows (2024), ensuring minimal immediate capital expenditure. The expansive 16,309 sqft lot with an RV Gate and Mountain Views offers immense utility with No HOA restrictions. This is an ideal acquisition for Owner-Occupants seeking a low-maintenance asset or Lifestyle-Focused Buyers needing space for recreational equipment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12833 N 22ND Street Subject | $559,900* List Price | 3 | 2 | 1,889 | $321 | - |
A 12620 N 22ND Place Sold | $594,000 | 4 | 2 | 1,910 | $311 | 0.2 mi |
B 1909 E REDFIELD Road Sold | $585,000 | 3 | 2 | 1,851 | $316 | 0.8 mi |
C 1909 E REDFIELD Road Sold | $585,000 | 3 | 2 | 1,851 | $316 | 0.8 mi |
D 1909 E REDFIELD Road Sold | $585,000 | 3 | 2 | 1,851 | $316 | 0.8 mi |
E 1953 E PRESIDIO Road Sold | $512,000 | 4 | 2 | 2,055 | $249 | 0.5 mi |
F 13002 N 23RD Place Active | $615,000 List Price | 3 | 2 | 1,749 | $352 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has benefited from significant recent capital improvements, including a new HVAC system (2023), a new electrical panel (2024), and new windows (2024). The interior features updated tile flooring and a functional kitchen with granite countertops and stainless steel appliances. While the kitchen and bathroom styles appear to be from a renovation roughly 10-15 years ago rather than brand new, the home is well-maintained with major systems well within their expected lifespan. The unfinished backyard is noted as a project, but the core residential structure is in good condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16309, living area = 1889.
The property features significant recent capital improvements, including a new HVAC system (2023), a new electrical panel (2024), and new windows (2024), ensuring lower immediate maintenance costs for the buyer.
The oversized 16,309 square foot lot includes an RV gate and alley access with no HOA restrictions, making it ideal for homeowners with recreational vehicles, work equipment, or those seeking privacy.
The backyard is noted as an 'opportunity waiting to happen,' implying it currently lacks finished landscaping and will require additional investment to become a functional outdoor living space.
The assigned public schools for this address have relatively low ratings (ranging from 3 to 5), which may impact the property's appeal to families prioritizing high-performing educational districts.
No HOA. Large 16,309 square foot lot with RV Gate and Alley Way. Perfect for Recreational Vehicles and Certain Types of Work Equipment. Backyard is a opportunity waiting to happen. Single Level Home. New HVAC 2023, New Electrical Panel 2024, New Windows 2024, New Titan Alarm System 2024, New Washer and Dryer2024. See Home Upgrades in Document Section.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,889 | 1,800 | 55% |
| Lot Size | 16,309 | 7,929 | 93% |
| Price | $559.9K | $422.5K | 72% |
| Price per sq ft | $296 | $268 | 64% |
| Built year | 1977 | 1985 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 1051 | 0% |
Apr 2, 2026
$559,900
Initial Listing