2721 E DRY WOOD Road, Phoenix, AZ 85024, Phoenix, 85024 - 3 bed, 2 bath
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Phoenix, AZ 85024
This Functional Modern Residence is a Prime Investment Opportunity, with a List Price of $515,000—positioned well below the $531,126 Fair Market Value by 3%. This valuation gap offers $16,126 in Instant Equity for a home in Good Condition. Built in 2008, the property features a functional 3-bedroom layout and immediate proximity to Desert Ridge Marketplace and major freeways. Zoned for the top-rated Boulder Creek Elementary, it balances lifestyle convenience with financial growth. This listing is perfectly suited for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2721 E DRY WOOD Road Subject | $515,000* List Price | 3 | 2 | 1,518 | $350 | - |
A 2934 E QUIET HOLLOW Lane Sold | $620,000 | 3 | 2 | 1,829 | $339 | 0.6 mi |
B 2631 E RIDGE CREEK Road Sold | $604,000 | 3 | 2 | 1,829 | $330 | 0.2 mi |
C 2631 E RIDGE CREEK Road Sold | $604,000 | 3 | 2 | 1,829 | $330 | 0.2 mi |
D 2934 E QUIET HOLLOW Lane Sold | $620,000 | 3 | 2 | 1,829 | $339 | 0.6 mi |
E 2934 E QUIET HOLLOW Lane Sold | $620,000 | 3 | 2 | 1,828 | $339 | 0.6 mi |
F 2934 E QUIET HOLLOW Lane Sold | $620,000 | 3 | 2 | 1,829 | $339 | 0.6 mi |
G 2246 E SOFT WIND Drive Active Under Contract | $519,000 List Price | 3 | 2 | 1,532 | $339 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property falls within the 10 to 20-year age range specified for a 'good' rating. The exterior image shows a well-maintained home with intact stucco, a clean garage door, and established desert landscaping. While interior photos were limited, the age and description suggest a move-in ready home with functional systems typical of mid-2000s construction in Phoenix.
The property boasts excellent accessibility to the Loop 101 and SR-51 freeways, providing residents with a convenient commute and proximity to the premier shopping and dining at Desert Ridge Marketplace.
Zoned for highly-rated schools including Boulder Creek Elementary (8/10) and Pinnacle High School (7/10), this home is positioned in a desirable area for families prioritizing education.
Built in 2008, the home offers more contemporary building standards and a functional 3-bedroom layout compared to older inventory in the Phoenix market, ensuring better energy efficiency and design.
At 5,094 square feet, the lot size is relatively modest for a single-family residence, which may limit outdoor entertainment options or privacy for some buyers.
The $190 association fee represents an additional monthly carrying cost that buyers must account for in their total housing budget compared to non-HOA neighborhoods.
This spacious and functional 3-bedroom, 2-bath home offers an ideal layout for comfortable living. Perfectly situated near the 101 and 51 freeways, you'll enjoy quick access to everything North Phoenix has to offer, including premier shopping, dining, and entertainment at Desert Ridge Marketplace.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 0.9 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,518 | 1,751.5 | 32% |
| Lot Size | 5,094 | 6,492 | 25% |
| Price | $515.0K | $437.4K | 61% |
| Price per sq ft | $339 | $271 | 80% |
| Built year | 2008 | 1997 | 90% |
| HOA | $190 | $66 | 94% |
| Days on market | 24 | 1731 | 0% |
Apr 1, 2026
$515,000
Initial Listing