2 E MURIEL Drive, Phoenix, AZ 85022, Phoenix, 85022 - 4 bed, 2 bath
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Phoenix, AZ 85022
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $489,900—positioned well below the $551,436 Fair Market Value by 11%. This valuation gap offers $61,536 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring a modern, updated kitchen alongside original 1981 character. With a 9,000 sqft lot, a private pool, and no HOA, this home balances lifestyle appeal with financial upside. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 E MURIEL Drive Subject | $489,900* List Price | 4 | 2 | 2,414 | $203 | - |
A 508 E MURIEL Drive Pending | $535,000 List Price | 4 | 3 | 2,252 | $238 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a significantly updated kitchen with modern flat-panel cabinetry, stone countertops, and stainless steel appliances, which appears to be a recent renovation (<10 years). While the home was built in 1981 and some areas like the bathrooms show older oak cabinetry and dated fixtures, the overall condition is well-maintained, functional, and move-in ready with consistent tile flooring and updated recessed lighting.
With over 2,400 square feet and an open floor plan, this 4-bedroom home offers significantly more interior room than many standard listings in the area, providing ample space for families.
The 9,000 square foot lot features a fully fenced backyard, providing a private and versatile outdoor oasis that is a major selling point for Phoenix buyers who value outdoor living.
The property has no association fees, offering homeowners greater financial flexibility and freedom from the restrictive community rules often found in newer Phoenix subdivisions.
Built in 1981, the property may require inspections and potential upgrades to major systems like HVAC, roofing, or plumbing to meet modern efficiency standards.
While the kitchen has been updated, other areas of the 40-year-old home may still feature original finishes, potentially requiring additional investment to achieve a cohesive modern aesthetic.
Charming 4-Bedroom Brick Home with a Dream Backyard in Phoenix!** Welcome to this spacious and inviting 4-bedroom, 2-bathroom home located at 2 E Muriel Dr, Phoenix, AZ 85022. This beautiful brick property boasts over 2400 square feet of living space, perfect for a growing family or those who love to entertain. Step inside and discover a bright and open floor plan, ideal for modern living. A large living area with plenty of space for relaxing and gathering with loved ones. A well-equipped updated kitchen with ample counter space and cabinetry. Four bedrooms, offering privacy and comfort for everyone. Two bathrooms, providing convenience for residents and guests But the true star of the show is the backyard! This fully fenced outdoor space is perfect for creating
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,414 | - |
| Lot Size | 9,000 | - |
| Price | $489.9K | $495.4K |
| Price per sq ft | $203 | $290 |
| Built year | 1981 | 0 |
| HOA | $0 | $0 |
| Days on market | 68 | 1260 |
May 15, 2026
$489,900
Initial Listing