202 E RUTH Avenue 2, Phoenix, AZ 85020, Phoenix, 85020 - 2 bed, 2 bath
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Phoenix, AZ 85020
This Newly Renovated Ground-Floor Condo is a Strong Value Opportunity, listed at $215,000—positioned well below the $235,245 Fair Market Value by 8%. This valuation gap provides $20,245 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating following a 2021 overhaul, the interior features a Granite Kitchen, White Shaker Cabinetry, and Vinyl Plank Flooring. Located just 0.3 miles from the top-rated Sunnyslope High School, this turnkey residence balances lifestyle comfort with financial upside. It is perfectly suited for Owner-Occupants or first-time buyers seeking a move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 202 E RUTH Avenue 2 Subject | $209,000* List Price | 2 | 2 | 952 | $245 | - |
A 234 E RUTH Avenue 3 Sold | $155,000 | 2 | 1 | 684 | $227 | 0.1 mi |
B 750 E Northern Avenue 2079 Sold | $194,900 List Price | 2 | 2 | 1,043 | 0.8 mi | |
C 1225 E LAWRENCE Lane Sold | $239,000 | 2 | 2 | 924 | $259 | 0.9 mi |
D 214 E RUTH Avenue 109 Active | $230,000 List Price | 2 | 2 | 952 | $242 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property qualifies for an excellent rating due to an extensive renovation completed in 2021, well within the 5-year threshold. The interior features high-quality modern updates including white shaker kitchen cabinetry, granite countertops, stainless steel appliances, vinyl plank flooring throughout, and fully refreshed bathrooms with updated vanities and fixtures.
The unit features extensive 2021 updates including white shaker cabinetry, granite countertops, stainless steel appliances, and vinyl plank flooring, offering a completely move-in-ready aesthetic.
As a ground-floor unit, this property provides easy access without the need for stairs, making it an ideal choice for pet owners or those with mobility preferences.
The property is located less than a third of a mile from Sunnyslope High School, which boasts a strong rating of 7, enhancing its appeal for families and long-term resale value.
With only one assigned parking space for a two-bedroom unit, residents with multiple vehicles may find the reliance on street parking to be a daily inconvenience.
The $350 monthly association fee is relatively high for a sub-1,000 square foot condo, which may impact the overall affordability and debt-to-income ratio for some buyers.
Charming and beautifully updated 2 bedroom, 2 bathroom ground-floor condo offering 952 sq ft of comfortable living space. Renovated in 2021, this move-in ready home features modern finishes throughout, including white shaker kitchen cabinetry, granite countertops, a custom backsplash, stainless steel appliances, and updated sink and faucet. Vinyl plank flooring runs throughout the unit, updated light fixtures, ceiling fans, and blinds. The spacious living room flows into a separate formal dining area with large windows that bring in abundant natural light. Both bathrooms were refreshed with updated vanities and plumbing fixtures, and both bedrooms include updated windows for added efficiency and comfort. An attached storage closet with shelving provides additional convenience. One assigned parking space plus ample street parking available. A fantastic opportunity for a primary residence, seasonal retreat, or investment in a desirable Phoenix location.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 5-8 • 1.7 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 952 | 1,022.5 | 24% |
| Lot Size | 931 | 964 | 41% |
| Price | $209.0K | $247.5K | 32% |
| Price per sq ft | $220 | $261 | 30% |
| Built year | 1982 | 1985 | 33% |
| HOA | $350 | $292 | 77% |
| Days on market | 68 | 1647 | 2% |
Apr 10, 2026
$209,000
$215,000
-3% Price Drop
Initial Listing
Feb 17, 2026
$215,000
Initial Listing