23401 N 22ND Way, Phoenix, AZ 85024, Phoenix, 85024 - 4 bed, 3 bath
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Phoenix, AZ 85024
This Single Family Residence presents a Strong Value Opportunity, listed at $550,000—positioned well above the $523,125 Fair Market Value by 5%. While the property requires cosmetic updates, its Condition Rating of 4 and 2018 HVAC upgrade provide a solid foundation. Featuring Scenic Mountain Views and proximity to Top-Rated Schools like Boulder Creek Elementary, the home offers significant lifestyle appeal. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through light renovation in a prime Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23401 N 22ND Way Subject | $550,000* List Price | 4 | 3 | 2,165 | $242 | - |
A 22424 N 19TH Way Sold | $595,000 | 3 | 3 | 2,057 | $289 | 0.7 mi |
B 23218 N 22ND Place Sold | $642,500 | 4 | 3 | 2,490 | $258 | 0.1 mi |
C 23211 N 22ND Place Sold | $635,000 | 4 | 3 | 2,490 | $255 | 0.1 mi |
D 2242 E SOFT WIND Drive Sold | $650,000 | 4 | 3 | 2,222 | $293 | 0.4 mi |
E 2242 E SOFT WIND Drive Sold | $650,000 | 4 | 3 | 2,165 | $300 | 0.4 mi |
F 22424 N 19TH Way Sold | $595,000 | 3 | 3 | 2,057 | $289 | 0.7 mi |
G 23222 N 22ND Place Active | $579,999 List Price | 4 | 3 | 2,144 | $271 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1999 (25+ years old) and features mostly original, dated finishes in the kitchen and bathrooms, such as oak-style cabinetry and Corian countertops. While the HVAC system is relatively new (2018), the listing explicitly mentions the need for minor structural and cosmetic improvements and is being sold as-is, fitting the criteria for a dated home requiring updates.
Situated in the desirable Mountaingate North 2 community, the home is within walking distance of highly-rated schools like Boulder Creek Elementary and offers easy access to shopping, dining, and freeways.
The A/C unit was replaced in 2018 and is in good working order, providing peace of mind and immediate value for a property in the Phoenix climate.
The property boasts beautiful mountain views, enhancing the overall ambiance and providing a premium aesthetic that appeals to both homeowners and investors.
The property is being sold in as-is condition and requires light cosmetic and minor structural improvements, which may necessitate immediate post-purchase capital.
While currently functional, the roof is original to the 1999 build and requires minor repairs, suggesting it may be approaching the end of its typical service life.
Located in desirable Phoenix, this spacious home offers a fantastic opportunity for homeowners and investors looking for value in a prime location. Featuring tile flooring in the kitchen, Corian countertops in all bathrooms, and a functional layout with great natural flow, this property has strong potential with only light cosmetic and minor structural improvements needed. The A/C unit was installed in 2018 and is working properly, while the original roof remains in good condition with only minor repairs needed. Exterior features include a generous outdoor space and a patio area with room for enhancement. Conveniently situated near shopping, dining, top-rated schools, parks, and easy freeway access. Property is being sold as-is, presenting an excellent opportunity in North Phoenix.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.3 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,165 | - |
| Lot Size | 5,000 | - |
| Price | $550.0K | $495.4K |
| Price per sq ft | $254 | $290 |
| Built year | 1999 | 0 |
| HOA | $34 | $0 |
| Days on market | 71 | 1260 |
May 12, 2026
$550,000
Initial Listing