2340 W PONDEROSA Lane, Phoenix, AZ 85023, Phoenix, 85023 - 3 bed, 2 bath
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Phoenix, AZ 85023
This Single Family Residence is a Strong Value Opportunity, listed at $415,000—positioned well above the $385,592 Fair Market Value by 7%. While priced above the current estimate, the property features a Condition Rating of 3 with significant capital improvements, including a 2022 Roof and HVAC. The 8,067 sqft corner lot with an RV gate and no HOA provides exceptional utility. Located near Thunderbird High School (Rating 8), this home is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2340 W PONDEROSA Lane Subject | $415,000* List Price | 3 | 2 | 1,370 | $281 | - |
A 2353 W TIERRA BUENA Lane Sold | $473,000 | 4 | 2 | 1,752 | $270 | 0.1 mi |
B 1734 W BANFF Lane Sold | $528,500 | 3 | 2 | 1,754 | $301 | 0.8 mi |
C 2139 W TRACY Lane Sold | $443,000 | 3 | 2 | 1,546 | $287 | 0.3 mi |
D 2139 W TRACY Lane Sold | $443,000 | 3 | 2 | 1,546 | $287 | 0.3 mi |
E 2316 W PORT ROYALE Lane Active | $450,000 List Price | 3 | 2 | 1,496 | $301 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1973, the property is well-maintained with critical systems updated, including a new roof and HVAC in 2022. The interior features modern laminate flooring and a renovated walk-in shower, making it functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8067, living area = 1370.
The roof and HVAC system were both replaced in 2022, providing significant value and reducing the immediate need for high-cost capital expenditures in the harsh Phoenix climate.
The property features a large two-car garage, an RV gate, and an additional concrete slab, offering exceptional utility for homeowners with multiple vehicles, trailers, or recreational toys.
With only 1,370 square feet of living area, the home may feel compact for a three-bedroom layout, potentially limiting its appeal to larger families or those requiring expansive common areas.
While the high school is highly rated, the assigned elementary and middle schools have mid-range ratings of 5, which may be a drawback for families prioritizing top-tier primary education.
This house ISN'T boring! Conveniently located, 3 bedroom, 2 bathroom home near the Moon Valley area. The house sits on a corner lot, shaded with mature trees. Inside, the functional floorplan allows for multiple room layouts. Both the roof and AC were replaced in 2022. Ample charm and color throughout. Designated laundry room with added storage space. A machine lover's dream with a large 2 car garage and an RV gate with additional concrete slab for parking. An inviting grass area, covered patio, citrus trees and a storage shed create a balanced and practical backyard space. Ready for a new owner to make home!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,370 | - |
| Lot Size | 8,067 | - |
| Price | $415.0K | $495.4K |
| Price per sq ft | $303 | $290 |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 24 | 1260 |
Jun 29, 2026
$415,000
Initial Listing