29212 N 22ND Lane, Phoenix, AZ 85085, Phoenix, 85085 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85085
This Move-In Ready Single-Level Home is a Strong Value Opportunity, listed at $460,000—positioned well below the $466,501 Fair Market Value by 1%. This valuation gap offers $6,501 in Instant Equity for the buyer. Featuring a 3-bedroom, 2-bath layout with vaulted ceilings and a covered patio, the property maintains a Condition Rating of 3. Located near the TSMC plant and Norterra, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, well-maintained residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29212 N 22ND Lane Subject | $450,000* List Price | 3 | 2 | 1,504 | $290 | - |
A 2408 W OBERLIN Way Sold | $324,900 List Price | 3 | 2 | 1,504 | 1.0 mi | |
B 2537 W RED FOX Road Sold | $447,000 | 3 | 2 | 1,522 | $294 | 0.9 mi |
C 28705 N 26TH Drive Sold | $522,000 List Price | 3 | 2 | 1,860 | 0.6 mi | |
D 2420 W BLUE SKY Drive Sold | $499,500 | 4 | 2 | 1,782 | $280 | 0.9 mi |
E 2224 W MADRE DEL ORO Drive Sold | $479,000 List Price | 4 | 3 | 2,045 | 0.4 mi | |
F 28619 N NOBEL Road Active | $540,000 List Price | 3 | 2 | 1,782 | $303 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (21 years old), the property is exceptionally well-maintained and move-in ready. While technically just over the 20-year threshold for 'Fair,' the interior features updated wood-look flooring, modern light fixtures, and a kitchen with stainless steel appliances. The primary bath is functional with dual sinks and a separate tub/shower. The overall condition suggests it has been updated within the 5-15 year window, avoiding the 'dated' feel of the Fair category.
The property is ideally situated near the TSMC plant and major transit corridors like I-17 and Loop 101, offering high potential for appreciation and strong rental demand.
Featuring vaulted ceilings and an open great room, the floor plan maximizes the 1,504 square feet, providing a spacious feel that appeals to first-time buyers and downsizers alike.
The home is beautifully maintained with stainless steel appliances, built-in garage cabinets, and a low-maintenance backyard, reducing immediate post-purchase costs for the buyer.
While the nearby K-8 school is highly rated, the assigned middle and high schools have lower ratings, which may be a deterrent for families prioritizing education.
The 5,039 square foot lot is relatively compact, offering limited outdoor space for buyers seeking a large yard or the ability to add a private pool.
Beautifully maintained single-level home in North Phoenix's desirable Dynamite Mountain Ranch! Near I-17 & Loop 101, enjoy quick access to Norterra dining/shopping & TSMC. Inside features a bright, open great room with vaulted ceilings. Kitchen boasts stainless steel appliances & ample cabinets. The primary suite offers dual sinks, separate tub/shower, walk-in closet & backyard access. Enjoy AZ living with a low-maintenance backyard, covered patio & storage shed. 2-car garage includes built-in cabinets. Perfect for first-time buyers, downsizers, or investors.
No exterior & parking available.
Grades K-5 • 19.8 mi
Grades PK-8 • 1.4 mi
Grades 7-8 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,504 | - |
| Lot Size | 5,039 | - |
| Price | $450.0K | $495.4K |
| Price per sq ft | $299 | $290 |
| Built year | 2005 | 0 |
| HOA | $206 | $0 |
| Days on market | 40 | 1260 |
Jul 6, 2026
$450,000
$460,000
-2% Price Drop
Initial Listing
Jun 12, 2026
$460,000
Initial Listing