2123 E ROCKWOOD Drive, Phoenix, AZ 85024, Phoenix, 85024 - 3 bed, 2 bath
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Phoenix, AZ 85024
This property presents a High-Potential Investment Opportunity with a List Price of $439,900—positioned well below the $436,801 Fair Market Value (Note: Market value is slightly below list, indicating a stable, fair-market entry). With a Condition Rating of 4, the home requires cosmetic updates, offering significant upside for value-add renovations. Key features include a Modernized Kitchen with granite countertops and a Premium Lot with mountain views and no rear neighbors. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2123 E ROCKWOOD Drive Subject | $429,900* List Price | 3 | 2 | 1,521 | $282 | - |
A 1965 E MORROW Drive Sold | $405,000 | 3 | 2 | 1,586 | $255 | 0.2 mi |
B 2101 E ROSEMONTE Drive Sold | $475,000 List Price | 3 | 2 | 1,618 | 0.1 mi | |
C 2304 E WESCOTT Drive Sold | $442,500 | 4 | 3 | 1,862 | $238 | 0.4 mi |
D 2035 E ESCUDA Road Sold | $482,000 | 3 | 3 | 1,628 | $296 | 0.8 mi |
E 18803 N 16TH Place Sold | $448,000 | 3 | 2 | 1,422 | $315 | 0.6 mi |
F 19816 N 20TH Way Sold | $426,500 | 3 | 2 | 1,400 | $305 | 0.8 mi |
G 2221 E UNION HILLS Drive 128 Active Under Contract | $325,000 List Price | 3 | 2 | 1,444 | $225 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, the property is nearly 30 years old. While the kitchen has been partially updated with granite and stainless appliances, the bathrooms remain dated with original oak cabinetry and gold-framed fixtures. The listing explicitly mentions the need for 'TLC' and the backyard requires significant landscaping maintenance, fitting the criteria for a home over 20 years old needing minor repairs and updates.
Priced below market comparables, this property offers significant equity-building potential for buyers looking to add value through cosmetic improvements.
The home is situated on a superior lot with no neighbors behind or to one side, providing enhanced privacy and scenic mountain views.
The kitchen features high-end updates including granite countertops, stainless steel appliances, and a gas range, serving as a strong focal point for the home.
The property is noted as needing 'TLC,' suggesting that buyers will need to budget for immediate repairs or updates to bring the home to peak condition.
The assigned public schools have ratings ranging from 4 to 6, which may be a drawback for families prioritizing top-tier educational performance.
Priced well below comparable homes and full of potential, this property is a fantastic opportunity for buyers looking to add their personal touch. The updated kitchen features granite countertops, stainless steel appliances, a gas range, and a charming bay window in the eat-in dining area. Enjoy easy maintenance with no carpet throughout the home. Situated on a premium lot with no neighbors behind or to one side, you'll appreciate the added privacy. With a little TLC, this home can truly shine!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 7-8 • 2.7 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,521 | - |
| Lot Size | 4,950 | - |
| Price | $429.9K | $495.4K |
| Price per sq ft | $283 | $290 |
| Built year | 1996 | 0 |
| HOA | $233 | $0 |
| Days on market | 40 | 1260 |
Jul 7, 2026
$429,900
$439,900
-2% Price Drop
Initial Listing
Jun 12, 2026
$439,900
Initial Listing