
Phoenix, AZ 85016
Analysis of 2022 E Monterey Way, Phoenix, AZ 85016 is currently available with a list price of $428,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While built in 1956, the property has undergone a mid-range renovation (likely within the last 5-15 years) featuring quartz countertops, updated lighting, and consistent tile flooring. It is well-maintained, functional, and move-in ready, though the exterior systems and overall aesthetic reflect its age.
The home features contemporary upgrades including quartz countertops, updated lighting, and uniform tile flooring throughout, providing a move-in-ready experience for buyers.
With an association fee of $0, this property offers significant long-term savings and greater freedom for homeowners compared to many other Phoenix subdivisions.
The inclusion of a large backyard and a dedicated block workshop, alongside garage parking, provides exceptional value for storage, hobbies, or potential workspace needs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1290, other record lot size in square feet = 7275.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1290, living area = 1290.
The assigned public schools carry low ratings (ranging from 2 to 4), which may impact the property's appeal to families and long-term resale value.
This property can CLOSE quickly! Looking for a new home? This beautiful 3 bed, 2 bath residence in Osborn Parkway is the one for you! Featuring charming curb appeal, a sizeable front yard, and garage parking. Inside you will find a spacious dining & living area. Tile flooring throughout! The kitchen is equipped w/painted cabinetry, quartz counters, , updated lighting, clean appliances, and a breakfast nook. Master bedroom, showcasing a private bathroom and a walk-in closet for all your belongings. Also including a large backyard and block workshop. This home is ready to become your own personal sanctuary. Don't miss out!
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 1.3 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,290 | - |
| Lot Size | 1,290 | - |
| Price | $428.0K | $495.4K |
| Price per sq ft | $332 | $290 |
| Built year | 1956 | 0 |
| HOA | $0 | $0 |
| Days on market | 50 | 1260 |
Jun 3, 2026
$428,000
Initial Listing