
Phoenix, AZ 85017
This Renovated Phoenix Stock Cooperative offers a rare, affordable entry into the Phoenix market with a List Price of $69,500, positioned near its $64,850 Fair Market Value. The unit holds an exceptional Condition Rating of 2 following an extensive renovation that introduced white shaker cabinetry, stainless steel appliances, and modern tile work. The layout is uniquely enhanced by an enclosed patio that serves as a private bedroom. With a low $237 association fee and a cash-only requirement, this turnkey home is ideal for cash buyers or first-time buyers seeking a debt-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2551 W ROSE Lane 222 Subject | $69,500* List Price | 0 | 1 | 550 | $118 | - |
A 2635 W Rose Lane B-215 Active | $54,000 List Price | 0 | 1 | 550 | $98 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1963, this unit has undergone an extensive recent renovation that brings it up to modern standards. The kitchen features contemporary white shaker-style cabinetry, a modern mosaic tile backsplash, and updated stainless steel appliances. The bathroom has been similarly updated with large-format marble-style tiling and matching mosaic accents. The flooring and fixtures throughout appear new or virtually new, indicating no deferred maintenance and a high level of overall quality.
Priced at $69,500, this property offers a rare entry point into the Phoenix real estate market at a significantly lower price point than traditional condos or single-family homes.
While technically a studio, the unit features an enclosed patio that functions as a separate bedroom fitting a queen bed, providing the utility of a one-bedroom residence.
The absence of a mortgage payment after the cash purchase, combined with a reasonable $237 monthly association fee, ensures highly predictable and low ongoing living expenses.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 550, other record living area = 13995.
The sale is strictly cash-only with no lender or title agent involvement, which significantly limits the pool of potential buyers to those with immediate liquidity.
As a stock cooperative, the purchase is subject to a formal application and board approval process, which can be more rigorous and time-consuming than a standard real estate transaction.
BUY BUY BUY this AFFORDABLE unit where the price cannot compare to condos and other housing. This beautiful co-op provides lots of natural light into a great room that flows into a separate kitchen with tiled backsplash and plenty of cabinetry and room for you to make your favorite meals! Although it is technically listed as a studio unit, it has an enclosed small room that fits a queen bed. (Enclosed patio). Note the application and approval process in the semi-public remarks. In addition the sale is cash only; no lender or title agent is involved. One of the true benefits of a co-op is that after the sale, there is no mortgage payment. The Association requires a reasonable monthly fee. To the extent there are other owner paid Association fees, Buyer to confirm prior to closing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1963 | - | 0% |
| HOA | $237 | $0 | 0% |
| Days on market | - | - | 0% |
Sep 8, 2025
$69,500
Initial Listing