2566 E VILLA RITA Drive, Phoenix, AZ 85032, Phoenix, 85032 - 3 bed, 2 bath
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Phoenix, AZ 85032
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $395,000—positioned well below the $401,918 Fair Market Value by 1.7%. This valuation gap offers $6,918 in Instant Equity. Featuring a Condition Rating of 3, the home includes a brand-new AC system, updated bathrooms, and a granite kitchen. The expansive 9,567 sqft corner lot provides rare versatility for an ADU or pool. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a stable, well-maintained home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2566 E VILLA RITA Drive Subject | $395,000* List Price | 3 | 2 | 1,269 | $317 | - |
A 2626 E LIBBY Street Sold | $389,000 | 3 | 2 | 1,344 | $289 | 0.1 mi |
B 2732 E JOHN CABOT Road Sold | $450,000 | 3 | 2 | 1,466 | $307 | 0.2 mi |
C 2732 E VILLA RITA Drive Sold | $430,000 | 4 | 2 | 1,372 | $313 | 0.1 mi |
D 2732 E VILLA RITA Drive Sold | $430,000 | 3 | 2 | 1,570 | $274 | 0.1 mi |
E 2902 E VILLA THERESA Drive Sold | $342,500 | 2 | 1 | 912 | $376 | 0.4 mi |
F 17833 N 26TH Street Active | $395,000 List Price | 4 | 2 | 1,220 | $324 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1982, it has undergone significant recent renovations including a brand-new AC system and updated bathrooms. The kitchen features modern granite countertops, stainless steel appliances, and a subway tile backsplash, placing the renovation age within the 5-15 year range for a move-in ready, well-maintained status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9567, living area = 1269.
The property features a brand-new AC system and updated bathrooms, providing immediate value and peace of mind regarding high-ticket maintenance items in the Phoenix climate.
The oversized 9,567 sqft lot includes an RV gate and ample space for a pool, ADU, or casita, offering rare versatility and future expansion potential.
With only 1,269 square feet for a three-bedroom layout, the interior living spaces may feel compact compared to other detached residences in the area.
Built in 1982, the property may require further updates to original systems or cosmetic elements not covered by the recent bathroom and AC renovations.
3 Bedroom, 2 Bathroom Home for Sale in Phoenix, AZ Near Paradise Valley Mall. Located at 2566 E Villa Rita Dr, this corner-lot property features an RV gate, a massive backyard with room for a pool, ADU, or casita, a brand-new AC system, and updated bathrooms. A designated office space off the garage offers flexible use easily converted into a 4th bedroom. Move-in ready with major upgrades already done. Prime PV Mall-area location offers easy access to shopping, dining, and freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,269 | - |
| Lot Size | 9,567 | - |
| Price | $395.0K | $495.4K |
| Price per sq ft | $311 | $290 |
| Built year | 1982 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 1260 |
Jul 16, 2026
$395,000
Initial Listing