2431 E TRACY Lane 1, Phoenix, AZ 85032, Phoenix, 85032 - 2 bed, 2 bath
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Phoenix, AZ 85032
This Modernized 2-Level Condominium in Phoenix is listed at $197,900, representing a stable and fair entry point at its $197,900 Fair Market Value. Boasting a Condition Rating of 3, the interior is fully move-in ready, featuring updated wood-look flooring, stainless-steel appliances, and stylish steel-blue cabinetry. The seller’s offer to contribute toward closing costs or interest rate buydowns provides a significant financial advantage for budget-conscious purchasers. Complete with a private covered patio, this property is an ideal match for first-time buyers or Owner-Occupants seeking an affordable, turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2431 E TRACY Lane 1 Subject | $197,900* List Price | 2 | 2 | 952 | $208 | - |
A 16225 N 30TH Street 11 Sold | $160,000 | 2 | 2 | 968 | $165 | 0.8 mi |
B 15402 N 28TH Street 226 Sold | $185,000 | 2 | 2 | 946 | $196 | 0.4 mi |
C 15402 N 28TH Street 226 Sold | $185,000 | 2 | 2 | 946 | $196 | 0.4 mi |
D 15601 N 27TH Street 33 Sold | $190,000 | 2 | 2 | 888 | $214 | 0.3 mi |
E 3001 E GRANDVIEW Road 2 Sold | $225,000 | 2 | 3 | 1,092 | $206 | 0.8 mi |
F 15402 N 28TH Street 133 Active | $184,900 List Price | 2 | 2 | 946 | $195 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several modern updates that enhance its overall quality. The kitchen has been refreshed with steel-blue painted cabinetry, white solid-surface countertops, and stainless-steel appliances. Additionally, the home features updated wood-look flooring and neutral paint throughout, making it well-maintained despite its 1984 build date.
The seller is offering to contribute toward closing costs or an interest rate buydown, providing significant financial flexibility and value for potential buyers.
The home features contemporary updates including wood-look flooring, stainless-steel appliances, and stylish steel-blue cabinetry, ensuring a move-in-ready experience.
Priced under $200,000 for a 2-bedroom, 2-bathroom configuration, this property represents a highly competitive entry point into the Phoenix real estate market.
With only 952 square feet distributed over two levels, the individual room sizes and storage options may feel restrictive for some residents.
The property relies on carport parking rather than a private enclosed garage, which may be a disadvantage for buyers seeking extra security or climate-controlled storage.
Charming 2-level condominium in the popular Spanish Hills is now on the market! Great location near dining and shopping with convenient carport parking. The home features spacious living areas with wood-look flooring, soft neutral paint, and easy outdoor access—perfect for entertaining. The kitchen offers a tray ceiling, steel-blue cabinetry, white solid-surface counters, and stainless-steel appliances, plus a guest powder room downstairs. The light-filled primary bedroom includes plush carpet, a closet, and an en-suite bath. Enjoy relaxing on the covered patio. Seller willing to contribute toward buyer's closing costs and/or interest rate buydown with acceptable offer. Don't miss this opportunity—act now!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 952 | 851 | 63% |
| Lot Size | 443 | 783 | 34% |
| Price | $197.9K | $220.0K | 44% |
| Price per sq ft | $208 | $247 | 44% |
| Built year | 1984 | 1984 | 50% |
| HOA | $240 | $252 | 46% |
| Days on market | 383 | 1397 | 36% |
Apr 8, 2025
$197,900
Initial Listing