1643 N 22ND Place, Phoenix, AZ 85006, Phoenix, 85006 - 4 bed, 2 bath
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Phoenix, AZ 85006
This Renovated Ranch Home is a High-Potential Investment Opportunity, listed at $500,000—positioned well below the $744,843 Fair Market Value by 32%. This significant valuation gap offers $244,843 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the interior features a Modernized Chef's Kitchen with Quartz countertops and wood-look tile flooring. With an extended patio and no HOA, the property provides a turnkey lifestyle in a central Phoenix location. This is an ideal acquisition for Owner-Occupants seeking immediate wealth or Buy-and-Hold Investors targeting a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1643 N 22ND Place Subject | $490,000* List Price | 4 | 2 | 1,616 | $312 | - |
A 2014 N 18TH Street Sold | $439,000 | 4 | 2 | 1,644 | $267 | 0.6 mi |
B 2014 N 18TH Street Sold | $439,000 | 4 | 2 | 1,344 | $327 | 0.6 mi |
C 2014 N 18th Street Sold | $439,000 | 4 | 2 | 1,344 | $327 | 0.6 mi |
D 2233 E SHERIDAN Street Sold | $549,900 List Price | 3 | 2 | 2,000 | 0.5 mi | |
E 2023 E HUBBELL Street Sold | $411,000 | 3 | 2 | 1,587 | $259 | 0.3 mi |
F 1709 E WILLETTA Street Pending | $499,999 List Price | 4 | 2 | 1,496 | $334 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1955, the property has undergone an extensive and high-quality renovation within the last 5 years, meeting the criteria for 'excellent' condition. The kitchen is fully modernized with white shaker cabinetry, quartz countertops, a large peninsula, and premium stainless steel appliances including a gas range. The interior features contemporary wood-look tile flooring, updated recessed lighting, and fresh neutral paint throughout. The property appears move-in ready with all major cosmetic and functional components recently updated to current market standards.
The kitchen features high-end finishes including Quartz countertops, gas cooking, and an oversized peninsula, offering a contemporary culinary experience in a classic ranch home.
Situated with immediate access to the I-10, 51, and 101 freeways, the property offers an ideal commute and proximity to Phoenix's premier dining and entertainment districts.
The absence of a Homeowners Association provides owners with greater flexibility and cost savings, complemented by a low-maintenance backyard perfect for the desert climate.
The assigned public schools currently hold lower performance ratings, which may be a significant consideration for families with school-aged children.
Originally built in 1955, the property may require ongoing maintenance or further updates to aging infrastructure common in homes of this era despite recent cosmetic improvements.
PRIME location!! Come fall in love with this stylish ranch home nestled on a quiet street with NO HOA. This single-story home offers the perfect blend of modern updates and timeless charm featuring 4 bedrooms and 2 baths. An open and bright split floor plan will enchant as you welcome yourself into the front foyer meeting the great room. The Kitchen is both spacious and beautiful, featuring all of the amenities of a true chef's kitchen with gas cooking, Quartz, oversized peninsula with breakfast bar and stainless-steel appliances. The Dining Room is steps from the kitchen for easy entertaining. Enjoy your extended patio and low maintenance backyard, perfect for enjoying Arizona evenings and for the 4-legged family members to play. World-class shopping, restaurants, museums, and nightlife right outside your doorstep! Quick access to the I10, 51 and 101 freeways for easy commuting. Solar is paid, NO LEASE! The solar provides no electric bill 3 months out of the year!!
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,616 | 1,344 | 70% |
| Lot Size | 6,163 | 6,789 | 12% |
| Price | $490.0K | $415.3K | 71% |
| Price per sq ft | $303 | $327 | 47% |
| Built year | 1955 | 1944 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 1489 | 1% |
Apr 17, 2026
$490,000
$500,000
-2% Price Drop
Initial Listing
Mar 23, 2026
$500,000
Initial Listing