22608 N 55th Street, Phoenix, AZ 85054, Phoenix, 85054 - 4 bed, 4 bath
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Phoenix, AZ 85054
This Gated Golf Course Residence is a Strong Value Opportunity, listed at $1,450,000—positioned well below the $1,540,192 Fair Market Value by 5%. This valuation gap offers $90,192 in Instant Equity for savvy buyers. While the property holds a Fair Condition Rating due to its original 2000s-era interior finishes, it boasts critical infrastructure updates including a New Roof (2019) and Tankless Water Heater (2023). Nestled on the Wildfire Golf Course in Desert Ridge, this home balances immediate livability with immense modernization potential. It is perfectly suited for Owner-Occupants looking to build wealth or Buy-and-Hold Investors seeking a premium asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22608 N 55th Street Subject | $1,350,000* List Price | 4 | 4 | 3,399 | $355 | - |
A 5362 E HERRERA Drive Sold | $1,410,000 | 4 | 4 | 3,604 | $391 | 0.2 mi |
B 22847 N 55TH Street Sold | $1,275,000 List Price | 4 | 3 | 3,316 | 0.2 mi | |
C 5232 E HASHKNIFE Road Sold | $1,355,000 | 3 | 3 | 2,897 | $468 | 0.4 mi |
D 22060 N 55TH Street Sold | $1,231,250 | 5 | 3 | 3,955 | $311 | 0.4 mi |
E 22231 N 55TH Street Sold | $1,020,000 | 3 | 2 | 2,449 | $416 | 0.3 mi |
F 22231 N 55TH Street Sold | $1,020,000 | 3 | 2 | 2,449 | $416 | 0.3 mi |
G 22626 N 54TH Way Pending | $1,400,000 List Price | 4 | 3 | 3,529 | $397 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this property is 24 years old and maintains its original architectural style and interior finishes. While the home is meticulously maintained and features significant system updates—including a new roof (2019), tankless water heater (2023), and HVAC units (2014)—the kitchen, bathrooms, flooring, and fixtures (such as brass ceiling fans) appear original to the construction and are stylistically outdated. It fits the 'fair' criteria as a well-kept, move-in ready home that lacks recent cosmetic or functional renovations to meet modern design standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15479, living area = 3399.
Situated in the prestigious gated community of Ironwood Greens, this property offers premium frontage on the Wildfire Golf Course with tranquil views and stunning sunset vistas.
The home features a new roof installed in 2019 and a new tankless water heater from 2023, providing peace of mind and reducing immediate capital expenditure for the buyer.
While the two HVAC units were replaced in 2014, they are now over a decade old and may be approaching the end of their optimal lifespan in the demanding Arizona climate.
The association fee of $740 represents a significant recurring carrying cost that may impact the overall monthly budget for some prospective homeowners.
$100,000 Price Reduction!! Welcome home to this beautiful GATED GOLF COURSE home with 4-Bedrooms Plus Office and 3-Car Garage in highly desirable Desert Ridge. Nestled in the prestigious gated community of Ironwood Greens, and perfectly situated on the Wildfire Golf Course. The yard is inviting and tranquil, featuring two large covered patios, mature shade trees, and a peaceful view of the golf course. Perfect for enjoying Arizona's stunning sunsets. This remarkable home features spacious kitchen and living spaces, a primary suite with a large ensuite bathroom and walk-in closet, second ensuite for guests, and two additional bedrooms. It is available fully furnished and move-in ready. New Tankless Water Heater in 2023, New Roof in 2019, and 2 New Lenox HVAC units in 2014
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 79% |
| Square foot | 3,399 | 2,414 | 79% |
| Lot Size | 15,479 | 6,924 | 98% |
| Price | $1.35M | $798.0K | 86% |
| Price per sq ft | $397 | $383 | 56% |
| Built year | 2000 | 2001 | 49% |
| HOA | $740 | $186 | 96% |
| Days on market | 22 | 1001 | 2% |
Apr 19, 2026
$1,350,000
$1,450,000
-7% Price Drop
Initial Listing
Mar 31, 2026
$1,450,000
Initial Listing