2221 E UNION HILLS Drive 128, Phoenix, AZ 85024, Phoenix, 85024 - 3 bed, 2 bath
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Phoenix, AZ 85024
This Value-Add Single-Family Residence is a Prime Investment Opportunity, with a List Price of $325,000—positioned well below the $340,430 Fair Market Value by 4%. This valuation provides $15,430 in Instant Equity for buyers ready to modernize the interior. Featuring a Condition Rating of 4, the home offers a versatile 3-bedroom plus office layout and a private patio within a secure gated community. With an exceptionally low $88 HOA fee, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking forced appreciation through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2221 E UNION HILLS Drive 128 Subject | $325,000* List Price | 3 | 2 | 1,444 | $236 | - |
A 18611 N 22ND Street 30 Sold | $245,000 List Price | 3 | 2 | 1,382 | 0.3 mi | |
B 1531 E ROSEMONTE Drive Pending | $360,000 List Price | 3 | 2 | 1,322 | $272 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000 (24 years old), the property exceeds the 20-year threshold for 'Good' condition without a recent renovation. The listing description explicitly states the home needs 'love and updating.' Visuals confirm dated carpeting, original cabinetry, and an unfinished backyard, though the structure and HVAC appear functional.
The property is situated in a secure, well-maintained gated community with an exceptionally low monthly HOA fee of $88, offering significant value compared to similar Phoenix neighborhoods.
The layout features a private primary suite separated from the other bedrooms and includes a flexible office space that can easily serve as a fourth bedroom, maximizing the home's functional square footage.
The two-car garage is equipped with an extensive array of built-in cabinetry, providing exceptional organizational space and utility that is rare for homes of this size.
The home is explicitly noted to need 'love and updating,' suggesting that a buyer will need to invest additional capital immediately to modernize the interior finishes.
The assigned public schools for this location currently hold low performance ratings (ranging from 2 to 4), which may be a deterrent for families and could impact future resale velocity.
You will fall in love with this charming and secured gated community of well taken care of homes in paradise valley villas. This small community features beautifully well maintained grass areas and picnic tables and an HOA that is a low cost compared to most. This amazing home has 3 bedrooms plus a office or 4th bedroom and 2 bathrooms. A split floor plan primary bedroom, with separate toilet room and a walk-in closet will be sure to delight you. Ceiling fans, a fireplace and beautiful shutters throughout the home. The two-car garage features a plethora of cabinets so you will have plenty of space for everything that you need to bring with you. This home could use a little bit of love and updating therefore it is priced appropriately for that. Come on out to see all this home has to offer
No exterior & parking available.
Grades 2-6 • 0.5 mi
Grades PK-3 • 0.5 mi
Grades 7-8 • 0.8 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 | 1,444 | 1,780 | 29% |
| Lot Size | 3,703 | 6,477 | 1% |
| Price | $325.0K | $435.0K | 32% |
| Price per sq ft | $225 | $267 | 35% |
| Built year | 2000 | 1997 | 71% |
| HOA | $88 | $67 | 59% |
| Days on market | 17 | 1765 | 0% |
Apr 28, 2026
$325,000
Initial Listing