2114 W RANCHO Drive, Phoenix, AZ 85015, Phoenix, 85015 - 4 bed, 2 bath
Loading property details...
Phoenix, AZ 85015
This Prime Investment Opportunity is listed at a List Price of $350,000, positioned well below the $358,144 Fair Market Value by 2%. This valuation gap offers $8,144 in Instant Equity. Featuring a Condition Rating of 3, the home includes significant upgrades like new PVC plumbing and AC. With a large lot and no HOA, it provides functional, move-in ready space. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, updated property with long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2114 W RANCHO Drive Subject | $350,000* List Price | 4 | 2 | 1,334 | $268 | - |
A 2033 W PALO VERDE Drive Sold | $375,000 | 4 | 2 | 1,413 | $265 | 0.1 mi |
B 2316 W TUCKEY Lane Sold | $335,000 | 3 | 2 | 1,272 | $263 | 0.8 mi |
C 1927 W LAWRENCE Road Sold | $310,000 | 2 | 1 | 1,326 | $234 | 1.0 mi |
D 6501 N 20TH Avenue Sold | $435,000 | 3 | 2 | 1,439 | $302 | 0.7 mi |
E 6501 N 20TH Avenue Sold | $435,000 | 3 | 2 | 1,439 | $302 | 0.7 mi |
F 6501 N 20TH Avenue Sold | $435,000 | 3 | 2 | 1,439 | $302 | 0.7 mi |
G 1930 W MISSOURI Avenue Sold | $454,500 | 4 | 3 | 1,606 | $283 | 0.4 mi |
H 1642 W TUCKEY Lane Sold | $400,000 List Price | 3 | 2 | 1,411 | 1.0 mi | |
I 5702 N 22ND Drive Active | $417,900 List Price | 4 | 2 | 1,346 | $310 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1953, the property features significant recent updates to major systems including brand new PVC plumbing and a new AC unit. With new flooring, windows, and baseboards, the home is well-maintained and move-in ready, though the kitchen and baths are described as functional rather than fully modernized.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7671, living area = 1334.
The property features significant recent improvements, including brand new PVC plumbing and a new AC unit, which are critical high-ticket items that provide immediate value and peace of mind.
Situated on a generous 7,671 sq ft lot with no HOA restrictions, this home offers owners maximum flexibility for property use and eliminates monthly association fees.
The assigned public schools have low ratings (ranging from 1 to 3), which may deter families prioritizing education and could impact long-term appreciation.
At 1,334 square feet for a 4-bedroom configuration, the individual room sizes and living areas may feel constrained compared to more modern, spacious floor plans.
A practical opportunity to own a single-level Phoenix home with space, function, and room to make it your own. This 4-bedroom, 2-bath home offers 1,334 SF of living space with a cozy, light-filled family room, functional kitchen, indoor storage, covered parking, and large front and back yard spaces. Recent improvements include brand new PVC plumbing & AC unit + new flooring, baseboards, windows & patio doors, giving buyers a strong head start on key systems & finishes. Set on a 7,671 sq ft lot with NO HOA, the home offers a solid layout and everyday conveniences. Enjoy shopping, dining, medical services, and major routes close by. This is a great fit for any buyer looking for an attainable home with usable space, updates & future potential.
No exterior & parking available.
Grades K-3 • 1.1 mi
Grades 4-8 • 0.6 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,334 | - |
| Lot Size | 7,671 | - |
| Price | $350.0K | $495.4K |
| Price per sq ft | $262 | $290 |
| Built year | 1953 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 1260 |
Jun 25, 2026
$350,000
Initial Listing