18217 N 16TH Way, Phoenix, AZ 85022, Phoenix, 85022 - 3 bed, 2 bath
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Phoenix, AZ 85022
This Well-Maintained Single-Family Residence is a Prime Investment Opportunity, listed at $405,000—positioned well below the $422,458 Fair Market Value by 4%. This valuation gap provides $17,458 in Instant Equity for the incoming buyer. Boasting a Condition Score of 3, the home features new vinyl flooring, vaulted ceilings, and a private patio. Located near North Canyon High and Echo Mountain schools, it offers rapid access to the 101 and 51 freeways. This asset is ideal for Owner-Occupants seeking low-maintenance living or Buy-and-Hold Investors targeting a stable rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18217 N 16TH Way Subject | $398,000* List Price | 3 | 2 | 1,353 | $312 | - |
A 1004 E ANNETTE Drive Sold | $370,000 | 3 | 2 | 1,394 | $265 | 0.8 mi |
B 2040 E ANGELA Drive Sold | $485,000 | 3 | 2 | 1,375 | $353 | 0.6 mi |
C 2009 E VILLA THERESA Drive Sold | $440,000 | 3 | 2 | 1,310 | $336 | 0.4 mi |
D 2009 E VILLA THERESA Drive Sold | $440,000 | 3 | 2 | 1,310 | $336 | 0.4 mi |
E 1314 E HELENA Drive Sold | $439,900 List Price | 3 | 2 | 1,302 | 0.7 mi | |
F 2009 E VILLA THERESA Drive Sold | $440,000 | 3 | 2 | 1,310 | $336 | 0.4 mi |
G 2023 E WAGONER Road Pending | $436,000 List Price | 3 | 2 | 1,326 | $329 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with several recent updates that elevate it above a 'fair' rating despite its 1985 build year. Key features include new durable vinyl flooring throughout, fresh exterior paint, and a modern neutral interior color palette. The home features vaulted ceilings and updated light fixtures/ceiling fans. While the mirrored closet doors and some architectural elements reflect its original era, the overall maintenance and cosmetic refreshes to the primary living areas, kitchen, and bathrooms make it a well-maintained, functional home requiring no immediate renovation.
The property is ideally situated with quick access to both the Loop 101 and SR-51 freeways, offering excellent connectivity for commuting throughout the Phoenix metropolitan area.
Featuring fresh exterior paint, durable vinyl flooring, and vaulted ceilings, this well-maintained home provides a bright and modern aesthetic that requires no immediate renovations.
The manageable lot size and xeriscaped yard are designed for easy upkeep, making it an ideal choice for busy professionals or those seeking a lock-and-leave lifestyle.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The assigned public schools currently hold lower performance ratings (ranging from 2 to 4), which may be a concern for families prioritizing high-ranking educational districts.
With a lot size of approximately 4,322 square feet, the outdoor area is relatively compact, offering limited privacy and space for significant gardening or large-scale entertaining.
Move-in ready with an open layout and low-maintenance living, this well-maintained home offers vaulted ceilings and abundant natural light. Durable vinyl flooring runs throughout the main living areas for style and easy upkeep. The spacious primary suite includes a full bath upstairs, while a second full bathroom on the main level adds convenience. Fresh exterior paint enhances curb appeal, and the low-maintenance yard with patio is perfect for easy outdoor living. Located near top-rated schools, parks, and shopping, with quick access to the 101 and 51 freeways, this home offers comfort, functionality, and a prime location. Fresh exterior paint gives the home standout curb appeal, while the low-maintenance yard and patio invite you to enjoy outdoor living without the work. Ideally situated near top-rated schools, parks, and everyday shopping -- with quick, easy access to the 101 and 51 freeways -- this home delivers on both convenience and location.
No exterior & parking available.
Grades 2-6 • 0.1 mi
Grades PK-3 • 0.2 mi
Grades 7-8 • 1.4 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 | 1,353 | 1,798 | 21% |
| Lot Size | 4,322 | 7,921 | 16% |
| Price | $398.0K | $420.0K | 46% |
| Price per sq ft | $294 | $268 | 62% |
| Built year | 1985 | 1985 | 50% |
| HOA | $79 | $13 | 65% |
| Days on market | 17 | 1051 | 0% |
Apr 19, 2026
$398,000
$405,000
-2% Price Drop
Initial Listing
Apr 9, 2026
$405,000
Initial Listing