17243 N 16TH Street 2, Phoenix, AZ 85022, Phoenix, 85022 - 2 bed, 1 bath
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Phoenix, AZ 85022
This Turnkey Townhouse is a Prime Investment Opportunity, listed at $289,900—positioned well below the $296,345 Fair Market Value by 2%. This valuation gap offers $6,445 in Instant Equity. Featuring an Updated Kitchen and Bathroom and a Private Fenced Backyard, the property maintains a Condition Rating of 3. Its strategic location near SR-51 and Loop 101 ensures high commuter demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17243 N 16TH Street 2 Subject | $279,900* List Price | 2 | 1 | 1,007 | $292 | - |
A 1721 E SANDRA Terrace Sold | $322,500 | 2 | 2 | 1,056 | $305 | 0.7 mi |
B 17225 N 16th Street 4 Sold | $315,000 | 2 | 2 | 1,055 | $299 | 0.1 mi |
C 1833 E SANDRA Terrace Sold | $325,000 | 2 | 2 | 1,056 | $308 | 0.7 mi |
D 1614 E SANDRA Terrace Sold | $315,000 List Price | 2 | 2 | 910 | 0.6 mi | |
E 1833 E SANDRA Terrace Sold | $325,000 | 2 | 2 | 1,056 | $308 | 0.7 mi |
F 1946 E GRANDVIEW Drive Active | $269,000 List Price | 2 | 1 | 915 | $294 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1985, the property features a clearly updated kitchen and bathroom with modern cabinetry, stone countertops, and custom tile work consistent with a 5-15 year renovation cycle. The home is move-in ready with well-maintained systems, tile flooring throughout, and a modernized low-maintenance backyard.
The property is move-in ready with an updated kitchen and bathroom, vaulted ceilings, and all appliances included, offering immediate value and a hassle-free transition for buyers.
Featuring a private, fully fenced backyard with low-maintenance turf and pavers, this home provides a rare outdoor retreat for a townhouse that is ideal for pets and entertaining.
Ideally situated with quick access to SR-51 and Loop 101, the property offers excellent connectivity to major employment centers, shopping, and dining throughout the Phoenix area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1105, other record lot size in square feet = 1268. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1007, other record living area = 1047. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The assigned elementary and middle schools carry low ratings (2 and 3), which may be a concern for families and could impact future resale demand.
With only one bathroom serving two bedrooms, the layout may present a convenience challenge for multi-occupant households or those who frequently host guests.
Move-in ready & beautifully maintained, this updated 2-bedroom, 1-bath home offers comfort, style, & convenience. Inside, you'll find vaulted ceilings, distinctive angled walls, abundant natural light, & tile flooring throughout, creating a bright & spacious feel. The updated kitchen & bathroom provide modern appeal, while all appliances convey, making this home truly turnkey. Step outside to a private, fully fenced backyard retreat featuring low-maintenance turf & pavers, perfect for relaxing or entertaining. Easy access to the nearby community pool and common areas. Ideally located with convenient access to SR-51 & Loop 101, providing quick connections to shopping, dining, employment centers, & outdoor recreation. A fantastic opportunity. New HVAC system June 2026.
No exterior & parking available.
Grades PK-3 • 0.5 mi
Grades 2-6 • 0.6 mi
Grades 7-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,007 | - |
| Lot Size | 1,105 | - |
| Price | $279.9K | $341.8K |
| Price per sq ft | $278 | $259 |
| Built year | 1985 | 0 |
| HOA | $308 | $0 |
| Days on market | 35 | 1211 |
Jul 14, 2026
$279,900
$289,900
-3% Price Drop
Initial Listing
Jun 17, 2026
$289,900
Initial Listing