2241 N Richland Street, Phoenix, AZ 85006, Phoenix, 85006 - 5 bed, 3 bath
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Phoenix, AZ 85006
This Renovated Historic Estate with Casita is a Strong Value Opportunity, listed at $799,000—positioned well below the $843,364 Fair Market Value by 5%. This valuation gap offers $44,364 in Instant Equity. Boasting a Mint Condition Rating, the property features a designer chef's kitchen, spa-inspired baths, and a separately metered casita ideal for immediate rental income. Located in the Coronado Historic District near North High School and major medical hubs, it balances historic charm with modern infrastructure. This is an ideal acquisition for Owner-Occupants or House-Hacking Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2241 N Richland Street Subject | $799,000* List Price | 5 | 3 | 2,440 | $346 | - |
A 2518 N 10TH Street Sold | $805,500 | 3 | 2 | 2,076 | $388 | 0.2 mi |
B 2518 N 10th Street Sold | $805,500 | 3 | 2 | 2,076 | $388 | 0.2 mi |
C 2517 N 8TH Street Sold | $700,000 | 3 | 2 | 2,007 | $349 | 0.2 mi |
D 2517 N 8th Street Sold | $700,000 | 3 | 2 | 2,007 | $349 | 0.2 mi |
E 2517 N 8TH Street Sold | $700,000 | 3 | 2 | 2,007 | $349 | 0.2 mi |
F 2046 N DAYTON Street Sold | $695,000 List Price | 3 | 3 | 1,693 | 0.2 mi | |
G 1306 E WILLETTA Street Active | $725,000 List Price | 5 | 4 | 2,230 | $325 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1930s historic home has undergone a full high-end remodel within the last 5 years. It features a brand-new designer chef's kitchen with modern appliances, updated spa-like bathrooms with contemporary tiling and fixtures, new LVP flooring throughout, and a new HVAC system, placing it in mint, move-in-ready condition.
The property includes a separate casita with its own power and gas meters, providing a versatile space for rental income, a home office, or multi-generational living.
This 1930s historic home has been fully updated with a designer chef's kitchen, new HVAC, and spa-inspired baths, offering modern luxury within a charming historic framework.
Located in the sought-after Coronado Historic District, the home is minutes from major medical centers, the Roosevelt Row Arts District, and key commuter routes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2440, other record living area = 1570.
The local public schools carry lower performance ratings (3 and 4 out of 10), which may be a drawback for families focused on high-ranking educational districts.
At nearly $800,000, the property is priced at the higher end for the area, which may limit the pool of qualified buyers or impact appraisal comparisons.
Experience modern luxury with historic charm in the heart of Phoenix's highly sought-after Coronado Historic District. This FULLY REMODELED home features a BRIGHT & OPEN 3BD 2BA + CASITA (power & gas separately metered) totaling 2,440sf blending timeless architecture with desirable modern upgrades. Raised 9' Ceilings, BEAUTIFUL LVP flooring throughout, DESIGNERS CHEF's kitchen, expansive primary suite w/ SPA inspired bath, NEW HVAC & MORE! Prime Downtown Location with easy access to I-10 and major transit. Minutes from Banner-University Medical Center, St. Joseph's Hospital, & Phoenix Children's Hospital. URBAN infused lifestyle close to vibrant Roosevelt Row Arts District, Biltmore Fashion Park, boutique shops, and trendy eateries, coffee shops, breweries.
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 97% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 2,440 | 1,344 | 97% |
| Lot Size | 6,700 | 6,789 | 40% |
| Price | $799.0K | $415.3K | 94% |
| Price per sq ft | $327 | $327 | 50% |
| Built year | 1930 | 1942 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 1488 | 1% |
Apr 21, 2026
$799,000
Initial Listing