3347 E ROCKWOOD Drive, Phoenix, AZ 85050, Phoenix, 85050 - 3 bed, 3 bath
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Phoenix, AZ 85050
This Spacious Modernized Residence is a Strong Value Opportunity, listed at $625,000—positioned well below the $682,674 Fair Market Value by 8%. This valuation gap provides $57,674 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the 2,367 sqft interior features a Granite Kitchen, wood-look flooring, and a versatile loft. Located in the Paradise Valley School District with No HOA, the property includes a private patio and a backyard ready for customization. This is an ideal match for Owner-Occupants building wealth or Buy-and-Hold Investors seeking a stable, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3347 E ROCKWOOD Drive Subject | $625,000* List Price | 3 | 3 | 2,367 | $288 | - |
A 18820 N 35th Way Sold | $589,500 | 4 | 3 | 1,972 | $299 | 0.2 mi |
B 3736 E MORROW Drive Sold | $590,000 | 4 | 2 | 1,817 | $325 | 0.5 mi |
C 18820 N 35TH Way Sold | $589,500 | 4 | 3 | 1,972 | $299 | 0.2 mi |
D 3356 E ROSEMONTE Drive Sold | $505,000 | 4 | 2 | 1,850 | $273 | 0.1 mi |
E 18820 N 35TH Way Sold | $589,500 | 4 | 3 | 1,972 | $299 | 0.2 mi |
F 3644 E ROSEMONTE Drive Sold | $499,900 List Price | 3 | 3 | 1,625 | 0.4 mi | |
G 3905 E RENEE Drive Active Under Contract | $550,000 List Price | 3 | 3 | 1,924 | $286 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant interior updates since its 1993 construction. The kitchen is well-appointed with granite countertops, stainless steel appliances (including a double oven), and updated cabinetry. The home features modern wood-look flooring, recessed lighting, and plantation shutters throughout. While the backyard is described as a 'blank canvas' requiring landscaping, the interior systems and finishes are well-maintained and updated, meeting the criteria for a 'good' condition score.
The floor plan features three distinct indoor gathering areas plus a dedicated loft, providing exceptional flexibility for multi-generational living, home offices, or separate entertainment zones.
With no association fees, this property offers significant monthly savings and greater freedom for homeowners to customize their property without the oversight of a homeowners association.
At 2,367 square feet for a three-bedroom home, the property offers larger-than-average room dimensions and a sense of openness that enhances the overall value and comfort.
The backyard is currently a blank canvas, which necessitates an immediate post-purchase investment of time and capital to install landscaping, hardscaping, or a pool.
Built in 1993, the home may require cosmetic updates or system modernizations to meet the aesthetic and efficiency standards of contemporary buyers in the Phoenix market.
Ideally situated only minutes from Desert Ridge Marketplace and Kierland Commons, this home places you at the center of upscale shopping, dining, and entertainment. Surrounded by premier golf courses and offering quick access to Sky Harbor Airport, it delivers both luxury and convenience. Discover a home designed for connection, creativity, and comfort. The backyard is a blank canvas--ready for the next owner to transform it into their personal paradise, whether that means lush gardens, a sparkling pool, or an entertainer's dream retreat. With three distinct indoor gathering areas, this home offers space for everyone to enjoy. A dedicated loft provides the perfect hangout for young adults and kids to dive into video games or unwind with friends. The inviting family room is ideal for cheering on your favorite sports, while the elegant living room sets the stage for quiet conversations and relaxed evenings. This is more than a house--it's a place where memories are made and lifestyles are shaped.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,367 | 1,962 | 71% |
| Lot Size | 7,873 | 6,106 | 78% |
| Price | $625.0K | $500.0K | 75% |
| Price per sq ft | $264 | $297 | 41% |
| Built year | 1993 | 1998 | 18% |
| HOA | $0 | $132 | 15% |
| Days on market | 16 | 1589 | 0% |
Apr 6, 2026
$625,000
Initial Listing