2943 E REDWOOD Lane, Phoenix, AZ 85048, Phoenix, 85048 - 3 bed, 2 bath
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Phoenix, AZ 85048
This Well-Maintained Ahwatukee Residence is listed at $580,000—positioned well below the $591,065 Fair Market Value by 1%. This valuation gap secures $11,065 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the property features high-value system upgrades including a new roof (2021), exterior paint (2021), and a Lennox HVAC system. Located within walking distance to top-rated Kyrene schools, including a Rating 8 Elementary, and featuring a spacious covered patio, it offers a functional 3-bedroom plus den layout. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2943 E REDWOOD Lane Subject | $575,000* List Price | 3 | 2 | 2,197 | $264 | - |
A 15809 S 31ST Street Sold | $640,000 | 4 | 2 | 2,236 | $286 | 0.8 mi |
B 16404 S 29TH Street Sold | $620,000 | 4 | 3 | 2,029 | $306 | 0.4 mi |
C 2736 E BROOKWOOD Court Sold | $725,000 | 4 | 3 | 2,229 | $325 | 0.8 mi |
D 3530 E SALTSAGE Drive Sold | $590,000 | 3 | 3 | 2,331 | $253 | 0.8 mi |
E 3530 E SALTSAGE Drive Sold | $590,000 | 3 | 3 | 2,331 | $253 | 0.8 mi |
F 16834 S 25TH Place Sold | $660,000 | 4 | 2 | 2,195 | $301 | 0.6 mi |
G 2502 E GLENHAVEN Drive Pending | $699,000 List Price | 4 | 2 | 2,195 | $318 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1989 with a dated kitchen (oak cabinets and older countertops), the property is exceptionally well-maintained and move-in ready. It features high-value system upgrades including a new roof (2021), new exterior paint (2021), and a newer Lennox HVAC system, elevating it above the 'Fair' category.
The property features significant high-ticket upgrades including a new roof (2021), fresh exterior paint (2021), and a premium Lennox HVAC system, reducing immediate maintenance costs for the buyer.
Located within walking distance to top-rated schools, including Kyrene De La Estrella Elementary (Rating 8) and Desert Vista High, providing exceptional value for families.
The 2,197 sqft floor plan offers vaulted ceilings and a versatile den currently used as a 4th bedroom, providing a spacious and adaptable living environment in a sought-after community.
The property backs directly to the Loop 202, which may result in persistent traffic noise and could impact long-term resale value compared to interior lot homes.
While major systems are updated, the absence of mentioned kitchen or bathroom remodels suggests the 1989 interior finishes may require cosmetic modernization to meet current market trends.
NO NEIGHBORS BEHIND. Recent upgrades include a NEW ROOF (2021), exterior paint (2021), and Lennox HVAC SYSTEM 2021. Discover this beautifully cared for single-story home in Lakewood, Ahwatukee (Phoenix, AZ)--a rare opportunity in one of the area's most sought-after communities. This 3 bedroom + den home (currently used as a 4th bedroom) offers a functional, open layout with vaulted ceilings, formal living and dining areas, and custom built-ins. The spacious kitchen features a walk-in pantry and breakfast bar. Primary suite includes private rear sliding door access. Enjoy a low-maintenance backyard with TURF and covered patio areas. 2-car garage with storage. Located near top-rated schools, parks, shopping, and dining. 4th bedroom is technically a Den/currently used as Bedroom.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 2,197 | 2,196 | 50% |
| Lot Size | 7,732 | 7,014 | 61% |
| Price | $575.0K | $445.5K | 65% |
| Price per sq ft | $262 | $219 | 61% |
| Built year | 1989 | 1992 | 27% |
| HOA | $228 | $201 | 90% |
| Days on market | 40 | 1675 | 0% |
May 2, 2026
$575,000
$580,000
-1% Price Drop
Initial Listing
Apr 27, 2026
$580,000
Initial Listing