2207 W CACTUS WREN Drive, Phoenix, AZ 85021, Phoenix, 85021 - 3 bed, 2 bath
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Phoenix, AZ 85021
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $299,000—positioned below the $303,822 Fair Market Value by 1%. This valuation gap offers $4,822 in Instant Equity for buyers prepared for a full-scale modernization. The property carries a Condition Score of 5 but sits on a substantial 7,302-square-foot lot with No HOA fees. Located 0.13 miles from Washington High School (Rating 7), it is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2207 W CACTUS WREN Drive Subject | $280,000* List Price | 3 | 2 | 1,144 | $257 | - |
A 7231 N 23RD Avenue Sold | $332,100 | 3 | 2 | 1,210 | $274 | 0.3 mi |
B 2032 W STATE Avenue Active | $280,000 List Price | 3 | 2 | 1,401 | $200 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956, this property is sold AS-IS and requires substantial rehabilitation to be modernized. Interior images show significant wear and tear, including scuffed and marked walls, dated ceiling fans, and old single-pane windows. The listing description's emphasis on 'TLC' and HUD program restrictions suggests deferred maintenance and that major systems likely require repair or replacement to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7302, living area = 1144.
Priced competitively under $300,000 with 'good bones,' this property offers significant equity-building potential for investors or renovation-minded buyers in the Phoenix market.
The home is situated just 0.13 miles from Washington High School, which holds a strong 7/10 rating, providing exceptional convenience for families with students.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7302, other record lot size in square feet = 6826.
The property requires 'TLC' and is being sold in its current state, meaning buyers must budget for immediate repairs and modernization costs.
Due to HUD Program restrictions, the seller is unable to provide any repairs or concessions, which may limit financing options and requires a buyer with ready capital.
Excellent opportunity to purchase a home that has good bones but needs some TLC to realize its full potential. The home is being sold AS-IS. The seller is unable to make repairs or provide concessions due to HUD Program restrictions.
No exterior & parking available.
Grades K-8 • 0.6 mi
Grades 9-12 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,144 | 2,068 | 6% |
| Lot Size | 7,302 | 10,372 | 22% |
| Price | $280.0K | $373.0K | 37% |
| Price per sq ft | $245 | $269 | 46% |
| Built year | 1956 | 1959 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 1404 | 1% |
Apr 25, 2026
$280,000
$285,000
-2% Price Drop
Initial Listing
Apr 15, 2026
$285,000
$290,000
-2% Price Drop
Initial Listing
Apr 10, 2026
$290,000
$299,000
-3% Price Drop
Initial Listing
Mar 2, 2026
$299,000
Initial Listing
Feb 3, 1993
$47,000
Public Record