
Phoenix, AZ 85037
This Spacious Cul-de-Sac Residence is a High-Potential Investment Opportunity, listed at $569,000—positioned well below the $823,903 Fair Market Value by 30%. This valuation gap offers $254,903 in Instant Equity. Maintaining a Condition Rating of 3, the 3,361 sqft interior includes five bedrooms, a covered patio, and a rare downstairs suite. Priced significantly lower per square foot than recent subdivision sales, this home balances lifestyle with massive equity. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors near Sheely Farms Elementary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2218 N 91ST Lane Subject | $549,999* List Price | 5 | 3 | 3,361 | $157 | - |
A 9024 W GRANADA Road Sold | $435,000 | 4 | 3 | 2,886 | $151 | 0.5 mi |
B 2314 N 92ND Drive Sold | $465,000 List Price | 4 | 3 | 3,361 | 0.1 mi | |
C 2305 N 94TH Avenue Sold | $420,000 | 4 | 3 | 2,461 | $171 | 0.3 mi |
D 8908 W SHERIDAN Street Sold | $405,000 | 5 | 3 | 2,197 | $184 | 0.3 mi |
E 8826 W ENCANTO Boulevard Sold | $415,000 | 5 | 3 | 2,443 | $170 | 0.4 mi |
F 2114 N 94th Avenue Sold | $549,000 | 5 | 3 | 3,674 | $149 | 0.4 mi |
G 9422 W PALM Lane Active | $450,000 List Price | 4 | 3 | 2,553 | $176 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property is within the 10-20 year age range and appears move-in ready. While the kitchen and bathrooms retain original builder-grade finishes—such as oak cabinetry, white appliances, and basic light fixtures—the home is well-maintained with no signs of deferred maintenance. The flooring and overall structure appear functional and in good condition, though stylistically dated.
The property is strategically priced below both current and historical sales per square foot within the Sheely Farms subdivision, offering significant equity potential.
With five spacious bedrooms, a large loft, and a rare downstairs bedroom with a full bathroom, the floor plan accommodates diverse living arrangements and home office needs.
Situated in a private cul-de-sac, the home benefits from reduced traffic, enhanced safety, and increased privacy compared to standard through-street lots.
The assigned public schools carry lower performance ratings (3/10 and 4/10), which may impact long-term resale appeal for education-focused families.
The 3,361 square foot home occupies a significant portion of the 6,081 square foot lot, resulting in a relatively compact backyard for a house of this scale.
This home features a private cul-de-sac location and an open floor plan including separate living and family rooms, a large dining area, and a downstairs bedroom with a full bathroom. The kitchen offers recessed lighting, ample cabinet storage, and a walk-in pantry. Upstairs includes four spacious bedrooms and a large loft suitable for an office or game room. The backyard features a covered patio with space for entertainment or a future pool. house is priced lower than both current and past sales per square foot within this subdivision. Given the market data for this specific area, this represents a significant value.
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 90% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 3,361 | 1,788.5 | 98% |
| Lot Size | 6,081 | 6,161 | 49% |
| Price | $550.0K | $355.0K | 98% |
| Price per sq ft | $164 | $197 | 35% |
| Built year | 2005 | 1998 | 69% |
| HOA | $180 | $48 | 84% |
| Days on market | 32 | 342 | 0% |
Apr 16, 2026
$549,999
$569,000
-3% Price Drop
Initial Listing
Mar 25, 2026
$569,000
Initial Listing