2424 W REDFIELD Road, Phoenix, AZ 85023, Phoenix, 85023 - 4 bed, 3 bath
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Phoenix, AZ 85023
This Spacious Multi-Level Residence is a Prime Investment Opportunity, listed at $539,900—positioned well below the $602,096 Fair Market Value by 10%. This valuation gap offers $62,196 in Instant Equity. Maintained in Good Condition, the property features a gated diving pool, large solar system, and a seller-paid 4.99% interest rate buydown. Located near 8-rated Thunderbird High School with No HOA, it balances financial logic with premium lifestyle benefits. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2424 W REDFIELD Road Subject | $530,000* List Price | 4 | 3 | 2,344 | $242 | - |
A 2339 W ACOMA Drive Sold | $430,000 | 4 | 2 | 2,054 | $209 | 0.3 mi |
B 2424 W DAILEY Street Sold | $399,000 List Price | 3 | 2 | 1,822 | 0.1 mi | |
C 14657 N 17TH Avenue Sold | $399,000 List Price | 4 | 2 | 1,982 | 1.0 mi | |
D 14815 N 24th Drive Sold | $405,000 | 4 | 2 | 1,687 | $240 | 0.5 mi |
E 2420 W MANDALAY Lane Active | $488,000 List Price | 4 | 3 | 2,327 | $210 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and demonstrates pride of ownership with several high-value updates, including a large solar system, artificial turf, and a mix of Saltillo tile and rich wood flooring. While the home was built in 1979 and retains some older architectural elements and bathroom tiling, the overall maintenance, clean interior paint, and functional upgrades to the exterior and major systems place it in the 'Good' category.
The property features a seller-paid interest rate buydown as low as 4.99%, significantly reducing the buyer's monthly mortgage payment and increasing overall affordability.
With no HOA fees and a large solar system designed to keep electricity bills low, this home offers exceptionally low monthly ownership expenses.
The multi-level split floor plan includes a lower-level bedroom ideal for multigenerational living or a home office, complemented by a backyard featuring a gated diving pool and artificial turf.
Built in 1979, the home may require more frequent maintenance or updates to its original systems and cosmetic finishes to meet modern standards.
The split-level design involves multiple sets of stairs, which can be a drawback for buyers with mobility concerns or those seeking a more open, single-story flow.
This home comes with a REDUCED RATE as low as 4.99% through List & Lock™. This is a seller paid rate-buydown that reduces the buyer's interest rate and monthly payment. Live life freely with NO HOA! This home features a multi-level split floor plan, one bedroom on the lower level provides ideal space for guests, a home office, or multigenerational living. A fireplace in the family room, Saltillo tile throughout the main level, & rich wood flooring upstairs. French doors add charm and natural light at the front entry, in the primary suite, & leading to the backyard. A large, gated diving pool & expansive artificial turf area in backyard, perfect for play when the water is too chilly for swimming. Big solar system keeps electricity bills low. Near A-rated schools. This one won't last long!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 2.1 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 2,344 | 1,844 | 77% |
| Lot Size | 8,599 | 7,820 | 65% |
| Price | $530.0K | $358.5K | 81% |
| Price per sq ft | $226 | $220 | 54% |
| Built year | 1979 | 1982 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 1824 | 0% |
Apr 16, 2026
$530,000
$539,900
-2% Price Drop
Initial Listing
Mar 26, 2026
$539,900
Initial Listing