
Phoenix, AZ 85015
This Updated Mid-Century Residence is listed at $424,500, representing a stable entry point at its $424,500 Fair Market Value. The property offers unique financial advantages, including eligibility for $17,500 in available grant funds. Boasting a Condition Rating of 2, the home features a modernized kitchen and major 2022-2024 upgrades like a new HVAC system and vinyl windows. While served by Westwood Primary, R E Simpson, and Central High, the lifestyle appeal is defined by the 9,165 sqft lot and covered patio. This move-in-ready sanctuary is perfectly suited for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2232 W SAN MIGUEL Avenue Subject | $424,500* List Price | 3 | 2 | 1,500 | $283 | - |
A 6121 N 17TH Avenue Sold | $542,500 | 3 | 2 | 1,650 | $329 | 0.8 mi |
B 6121 N 17TH Avenue Sold | $542,500 | 3 | 2 | 1,620 | $335 | 0.8 mi |
C 6501 N 20TH Avenue Sold | $435,000 | 3 | 2 | 1,439 | $302 | 0.9 mi |
D 6501 N 20TH Avenue Sold | $435,000 | 3 | 2 | 1,439 | $302 | 0.9 mi |
E 6501 N 20TH Avenue Sold | $435,000 | 3 | 2 | 1,439 | $302 | 0.9 mi |
F 5616 N 22ND Drive Sold | $380,000 | 3 | 2 | 1,500 | $253 | 0.1 mi |
G 5702 N 22ND Drive Active | $424,000 List Price | 4 | 2 | 1,346 | $315 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1954, the property has undergone extensive renovations between 2022 and 2024, meeting the criteria for a home renovated within the last 5 years. Major system upgrades include a new HVAC, water heater, and vinyl windows. The interior features a fully updated kitchen with modern cabinetry and stainless steel appliances, refreshed bathrooms, and new luxury vinyl plank flooring throughout, presenting a move-in ready, high-quality living space.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9165, living area = 1500.
The property offers a significant $85,000 price reduction and eligibility for up to $17,500 in grant funds, making it a high-value opportunity with low-down-payment options for qualified buyers.
Major capital improvements completed between 2022-2024, including a new HVAC system, water heater, vinyl windows, and attic insulation, provide modern efficiency and peace of mind.
The assigned public schools have low ratings, specifically a 1/10 for the primary school and 3/10 for the middle and high schools, which may deter families prioritizing education.
Despite recent surface and system updates, the 1954 construction date implies that some underlying structural or utility components may still be original and require future attention.
UP TO $17,500 IN GRANT FUNDS AVAILABLE -- Buyers with household incomes below $164,000 who get under contract by the end of March may qualify for assistance toward down payment and closing costs, subject to program guidelines. . MAJOR $85,000 PRICE IMPROVEMENT - Now One of Central Phoenix's Best Values . $0 Down Payment Options Available for Qualified Buyers. . Recently reduced by $85,000, this updated mid-century home is now positioned as one of the strongest opportunities in Central Phoenix. Combining location, upgrades, lot size, and financing flexibility at this price point is increasingly rare. . . The home features exposed wood beams, an open and functional layout, luxury vinyl plank flooring, an updated kitchen, and refreshed bathrooms. Bright living spaces and thoughtful improvements create both comfort and long-term value. . Major upgrades completed between 2022-2024 include a new HVAC system, new water heater, vinyl windows, added attic insulation, backyard landscaping, covered patio addition, full pest sealing, etc... . Situated on a spacious lot with no HOA, the backyard offers flexibility for entertaining, expansion, or customization. . Located near parks, major commuter routes, and the Downtown Phoenix corridor, this property offers both lifestyle and long-term upside. . Qualified buyers may be eligible for down payment assistance or low-down financing programs, making homeownership more attainable than ever. . Homes with this combination of updates, location, and price do not last.
No exterior & parking available.
Grades K-3 • 0.9 mi
Grades 4-8 • 0.4 mi
Grades 9-12 • 2.3 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 | 1,500 | 1,474.5 | 52% |
| Lot Size | 9,165 | 7,693 | 78% |
| Price | $424.5K | $370.0K | 66% |
| Price per sq ft | $283 | $264 | 59% |
| Built year | 1954 | 1951 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 994 | 7% |
Jan 9, 2026
$424,500
Initial Listing