18426 N 16TH Place, Phoenix, AZ 85022, Phoenix, 85022 - 3 bed, 2 bath
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Phoenix, AZ 85022
This Single Family Residence represents a Strong Value Opportunity, listed at $399,900—positioned well above the $378,257 Fair Market Value by -5%. While the property requires cosmetic updates to its Condition Rating of 4, it features a rare Oversized 3-Car Garage and a Granite Kitchen. Despite lower-rated local schools, the home offers a functional layout for those seeking a value-add project. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic interior modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18426 N 16TH Place Subject | $399,900* List Price | 3 | 2 | 1,227 | $308 | - |
A 18426 N 19TH Street Sold | $295,000 | 3 | 2 | 1,054 | $280 | 0.3 mi |
B 18426 N 19TH Street Sold | $295,000 | 3 | 2 | 1,054 | $280 | 0.3 mi |
C 18426 N 19TH Street Sold | $295,000 | 3 | 2 | 1,054 | $280 | 0.3 mi |
D 1648 E Villa Theresa Drive Sold | $427,500 | 3 | 2 | 1,197 | $357 | 0.1 mi |
E 916 E BLUEFIELD Avenue Sold | $363,900 | 2 | 2 | 1,214 | $300 | 0.7 mi |
F 2009 E VILLA THERESA Drive Sold | $440,000 | 3 | 2 | 1,310 | $336 | 0.5 mi |
G 2009 E VILLA THERESA Drive Sold | $440,000 | 3 | 2 | 1,310 | $336 | 0.5 mi |
H 18036 N 13TH Street N Sold | $515,000 | 3 | 2 | 1,570 | $328 | 0.5 mi |
I 2008 E BLUEFIELD Avenue Pending | $415,000 List Price | 3 | 2 | 1,310 | $317 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37+ years old), the property is well-maintained but dated. While the kitchen features granite countertops, the oak cabinetry and overall interior finishes reflect the original construction era. It is move-in ready but requires cosmetic updates to meet modern standards, fitting the criteria for a property over 20 years old needing minor updates.
A rare find for a home of this square footage, the three-car garage provides significant added value for vehicle storage, a workshop, or additional hobby space.
The inclusion of granite countertops and vaulted ceilings elevates the home's aesthetic, offering a more contemporary and spacious feel than typical 1980s builds.
The property features immaculate desert landscaping and a partially covered patio, providing an ideal space for outdoor relaxation with minimal upkeep required.
The assigned elementary and middle schools have low ratings (2/10 and 3/10), which may be a concern for families and could impact future resale potential.
At 1,227 square feet for a three-bedroom configuration, the interior layout may feel tight for buyers seeking larger communal spaces or generous bedroom sizes.
Welcome home to this charming 3-bedroom, 2-bath home with inviting curb appeal, immaculate low-maintenance landscaping, and a spacious 3-car garage. Inside, you'll find vaulted ceilings, a blend of stylish tile and carpet flooring, and sliding glass doors that fill the living room with natural light while providing easy access to the backyard. The eat-in kitchen features granite countertops and plenty of space for everyday meals. The primary suite offers two closets, a dual-sink vanity in the ensuite bath, and private patio access through sliding glass doors. Outside, enjoy a partially covered patio with additional open-air seating, all surrounded by easy-care desert landscaping.
No exterior & parking available.
Grades 2-6 • 0.3 mi
Grades PK-3 • 0.4 mi
Grades 7-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,227 | - |
| Lot Size | 4,635 | - |
| Price | $399.9K | $495.4K |
| Price per sq ft | $326 | $290 |
| Built year | 1987 | 0 |
| HOA | $26 | $0 |
| Days on market | 6 | 1260 |
Jul 16, 2026
$399,900
Initial Listing