22508 N 37TH Terrace, Phoenix, AZ 85050, Phoenix, 85050 - 3 bed, 3 bath
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Phoenix, AZ 85050
This Spacious Aviano Residence is a Strong Value Opportunity, listed at $975,000—positioned well below the $1,034,332 Fair Market Value by 5%. This valuation gap provides $59,332 in Instant Equity for the buyer. Maintaining a Good Condition Rating, the home features a gourmet kitchen, owned solar panels, and a resort-style backyard with a spool. Zoned for the 10/10 rated Desert Trails Elementary, this property balances lifestyle luxury with significant financial upside. It is a premier choice for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22508 N 37TH Terrace Subject | $975,000* List Price | 3 | 3 | 3,578 | $289 | - |
A 3988 E ROBIN Lane Sold | $785,000 List Price | 4 | 3 | 3,339 | 0.8 mi | |
B 22608 N 39th Terrace Sold | $834,999 List Price | 3 | 3 | 3,364 | 0.7 mi | |
C 3955 E CREST Lane Sold | $950,000 List Price | 5 | 4 | 3,786 | 0.5 mi | |
D 3923 E ROCKINGHAM Road Sold | $1,048,000 | 4 | 4 | 3,812 | $275 | 0.7 mi |
E 3843 E MELINDA Drive Sold | $895,000 List Price | 5 | 5 | 3,566 | 0.5 mi | |
F 3829 E ROCKINGHAM Road Sold | $1,150,000 | 4 | 4 | 3,812 | $302 | 0.7 mi |
G 3821 E Patrick Lane Active | $1,085,000 List Price | 4 | 3 | 3,641 | $298 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 2006, placing it within the 10 to 20-year range for a 'good' condition score. It is move-in ready with a well-maintained gourmet kitchen featuring granite countertops, a 6-burner gas range, and a built-in refrigerator. The home shows minimal wear and tear, and significant value-add systems like owned solar panels and a resort-style backyard with an outdoor kitchen and spool indicate excellent upkeep. While the interior styling (dark cabinetry and tile inlays) is consistent with its original build era, the property requires no immediate renovations.
Elementary School: Desert Trails Elementary School (10/10).
Located in the award-winning Aviano at Desert Ridge, the property offers access to a luxury clubhouse, fitness center, heated pools, and extensive sports facilities including tennis and pickleball courts.
The inclusion of owned solar panels provides a significant value add, offering substantial utility savings and eco-friendly living in the Arizona heat.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3578, other record living area = 3364.
For a home exceeding 3,500 square feet, having only three dedicated bedrooms may be a drawback for larger families or buyers expecting more private sleeping quarters at this price point.
The 6,802 square foot lot is relatively small given the large footprint of the home, which may result in a lack of traditional yard space or privacy between neighboring properties.
Stop scrolling--your dream home in the award-winning Avaino at Desert Ridge is here! This light-filled North Phoenix home offers 3 bedrooms, 2.5 baths, plus a den, loft, and office--over 3,578 sqft of flexible living space. The open-concept layout features a gourmet kitchen with granite countertops, 6-burner gas range, built-in refrigerator, and abundant pantry storage and prep space flows into oversized living/media room. Expansive windows fill the home with natural light. Step outside to your private resort-style backyard with a spool (spa + pool), outdoor kitchen, & multiple seating areas-perfect for entertaining or relaxing under the Arizona sky. Owned solar panels provide energy savings, lower utility bills, and eco-friendly living. Enjoy Avaino's resort-style amenities including a clubhouse, fitness center, heated pools, spa, tennis & pickleball courts, basketball courts, rock climbing, 19 parks, and scenic trails. Close to Desert Ridge Marketplace, High Street, top dining, and major freeways (101, 51, I-17). A rare opportunity to own in one of Phoenix's most coveted communities!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades K-6 • 0.7 mi
Grades PK-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,578 | 1,962 | 93% |
| Lot Size | 6,802 | 6,106 | 59% |
| Price | $975.0K | $500.0K | 86% |
| Price per sq ft | $272 | $297 | 41% |
| Built year | 2006 | 1998 | 69% |
| HOA | $230 | $132 | 86% |
| Days on market | 19 | 1589 | 0% |
Apr 3, 2026
$975,000
Initial Listing