4416 N 22ND Drive, Phoenix, AZ 85015, Phoenix, 85015 - 4 bed, 3 bath
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Phoenix, AZ 85015
This Turn-Key Single Family Residence is a Strong Value Opportunity, listed at $475,000—positioned well below the $508,743 Fair Market Value by 6%. This valuation gap offers $33,743 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a designer kitchen, new HVAC, and a private attached casita, the property provides immediate rental income potential. This is an ideal acquisition for Buy-and-Hold Investors seeking cash flow or Owner-Occupants looking for a move-in ready home with flexible living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4416 N 22ND Drive Subject | $469,999* List Price | 4 | 3 | 2,191 | $228 | - |
A 2010 W HAZELWOOD Street Sold | $475,000 List Price | 4 | 3 | 2,360 | 0.4 mi | |
B 2040 W HAZELWOOD Street Sold | $480,000 | 3 | 2 | 1,924 | $249 | 0.3 mi |
C 2040 W HAZELWOOD Street Sold | $480,000 | 3 | 2 | 1,924 | $249 | 0.3 mi |
D 1702 W INDIAN SCHOOL Road Sold | $413,000 | 4 | 2 | 1,591 | $260 | 0.8 mi |
E 4536 N 18TH Drive Pending | $599,900 List Price | 4 | 4 | 2,715 | $221 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete high-end renovation within the last 5 years. It features a brand-new designer kitchen with quartz countertops, modern bathrooms, and total replacement of major systems including HVAC, electrical, plumbing, and the roof, placing it in mint, move-in ready condition.
The property features extensive recent capital improvements including a new roof, plumbing, electrical, and dual AC units, providing peace of mind and reducing immediate maintenance costs for the buyer.
The inclusion of a private attached casita with its own dedicated cooling system offers exceptional flexibility for multi-generational living or potential rental income in a high-demand central location.
A full designer renovation featuring quartz countertops, stainless steel appliances, and luxury vinyl plank flooring ensures the home is move-in ready with contemporary appeal.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2191, other record living area = 1641.
Originally constructed in 1947, the property may still possess some inherent structural or layout characteristics typical of older homes that may not perfectly align with modern open-concept preferences.
Given the substantial 2,191 square foot interior on a 7,180 square foot lot, the remaining yard space may feel constrained for buyers prioritizing expansive outdoor living or privacy.
SELLER CREDIT AVAILABLE with an acceptable offer! Fully renovated and move-in ready, this 4-bedroom, 3-bath home offers exceptional value and flexibility in a central Phoenix location with easy access to Downtown, Midtown, GCU, major freeways, shopping, dining, and entertainment. NEW washer and dryer included! The open-concept floor plan features a designer kitchen with quartz countertops, an oversized island, sleek cabinetry, stainless steel appliances, and updated bathrooms with modern finishes throughout. Major improvements include updated electrical and plumbing, new HVAC and water heater. A private attached casita with its own entrance, new HVAC, and full bathroom provides the perfect setup for guests, multigenerational living, a home office, or potential rental income. Situated on a generously sized lot with low-maintenance landscaping and ample parking. Seller may assist with closing costs and/or an interest rate buydown with an acceptable offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,191 | - |
| Lot Size | 7,180 | - |
| Price | $470.0K | $495.4K |
| Price per sq ft | $215 | $290 |
| Built year | 1947 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 1260 |
Jul 16, 2026
$469,999
$475,000
-1% Price Drop
Initial Listing
Jun 19, 2026
$475,000
Initial Listing