3820 N 22ND Street, Phoenix, AZ 85016, Phoenix, 85016 - 5 bed, 5 bath
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Phoenix, AZ 85016
This Modernized Dual-Living Estate is a High-Potential Investment Opportunity, listed at $1,050,000—positioned well below the $1,102,417 Fair Market Value by 4%. This valuation gap offers $52,417 in Instant Equity. Boasting a Condition Rating of 2, the property features a high-end remodel, a resort-style backyard with a PebbleTec pool, and a fully equipped 663 sq ft casita for rental income. Located in a central Phoenix corridor with no HOA, this versatile asset is ideal for Multi-Generational Families or House-Hacking Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3820 N 22ND Street Subject | $1,050,000* List Price | 5 | 5 | 2,895 | $381 | - |
A 4232 N 19TH Place Sold | $887,000 | 3 | 3 | 2,430 | $365 | 0.5 mi |
B 3331 N 24TH Place Sold | $1,175,000 | 4 | 3 | 3,180 | $369 | 0.5 mi |
C 2101 E WELDON Avenue Sold | $739,000 | 3 | 3 | 1,750 | $422 | 0.2 mi |
D 2548 E TURNEY Avenue Pending | $899,000 List Price | 3 | 3 | 2,623 | $343 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end remodel (likely within the last 5 years) featuring a modern open-concept kitchen with custom cabinetry, updated bathrooms with contemporary fixtures, and new flooring throughout. All visible systems, including HVAC mini-splits and electrical, appear modern and well-maintained, making it move-in ready with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11722, living area = 2895.
The property includes a fully equipped 663 sq ft casita with its own kitchen, bathroom, and laundry, providing excellent flexibility for multi-generational living or rental income.
The outdoor space is a standout feature, boasting a PebbleTec pool with a waterfall, a hot tub, and a sophisticated wet bar area equipped with a mini-split system for year-round entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2895, other record living area = 2625. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The assigned public schools have low ratings (2/10 and 3/10), which may be a significant deterrent for families prioritizing high-quality educational proximity.
While beautifully remodeled, the original 1955 construction may present challenges related to aging underlying systems like plumbing or electrical compared to newer builds in this price point.
This beautifully remodeled property features a 2,895 sq ft main home plus a fully equipped 663 sq ft casita, offering incredible flexibility for guests, extended family, or rental income. The casita includes a full kitchen, bathroom, and laundry for complete independence. The main home has been fully remodeled with high-end finishes throughout, including stainless steel appliances and custom cabinetry, blending modern functionality with timeless style. Step outside to a backyard designed for both relaxation and entertaining, featuring a PebbleTec pool with a waterfall, shaded pergola, and a spacious workshop. Enjoy the ultimate outdoor setup with a hot tub, BBQ, and wet bar area complete with a mini split system for year-round comfort. Additional highlights include an RV gate and no HOA shopping, sports, and entertainment. A standout opportunity combining versatility, comfort, and convenience!
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 2,895 | 1,886.5 | 84% |
| Lot Size | 11,722 | 8,294 | 85% |
| Price | $1.05M | $595.0K | 78% |
| Price per sq ft | $363 | $354 | 52% |
| Built year | 1955 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 1 | 1490 | 0% |
Apr 24, 2026
$1,050,000
Initial Listing