4644 N 22ND Street 2117, Phoenix, AZ 85016, Phoenix, 85016 - 2 bed, 3 bath
Loading property details...
Phoenix, AZ 85016
This Updated Biltmore Condominium is a High-Potential Investment Opportunity, listed at $320,000—positioned well below the $548,397 Fair Market Value by 41%. This significant valuation gap offers $228,397 in Instant Equity. The property boasts a Move-In Ready Condition Rating with fresh interior paint, new carpeting, and dual en-suite bedrooms. Located in the gated La Terraza community near top-rated Madison schools, the layout features a private garage and no neighbors above or below. This is an exceptional 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 |
|---|---|---|---|---|---|---|
★ 4644 N 22ND Street 2117 Subject | $320,000* List Price | 2 | 3 | 1,274 | $430 | - |
A 2025 E CAMPBELL Avenue 368 Sold | $302,000 | 2 | 2 | 1,076 | $281 | 0.2 mi |
B 2025 E CAMPBELL Avenue 368 Sold | $302,000 | 2 | 2 | 1,076 | $281 | 0.2 mi |
C 4236 N 27TH Street 27 Sold | $355,296 List Price | 3 | 4 | 1,592 | 0.7 mi | |
D 1701 E Colter Street 308 Sold | $272,000 | 2 | 2 | 971 | $280 | 0.9 mi |
E 4533 N 22ND Street 223 Active | $400,000 List Price | 2 | 2 | 1,247 | $321 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from several recent updates, including fresh interior paint, new carpeting, and new light fixtures and fans. The kitchen has been improved with a new range and dishwasher. Although the property was built in 1997 and retains some original features like the bathroom vanities and pedestal sinks, the overall maintenance and recent cosmetic refreshments elevate it above a 'fair' rating, as no immediate renovations are required for occupancy.
Situated in the highly desirable Camelback/Biltmore corridor, the property offers exceptional access to premier dining, luxury shopping, and major freeways.
The unique floor plan features no neighbors above or below and includes two private en-suite bedrooms, providing a quiet, townhome-style living experience.
Recent updates including fresh interior paint, new carpeting, and new kitchen appliances like the range and dishwasher ensure the home is ready for immediate occupancy.
The layout requires navigating multiple flights of stairs to reach the main living area and bedrooms, which may be a drawback for buyers with mobility preferences.
The requirement for conventional financing with a 20% down payment may limit the pool of eligible buyers by excluding those seeking FHA or VA loan options.
Most popular floor plan in gated La Terraza! 2 En-Suite Bedrooms + 1/2 bath & 1 car garage, No neighbors above or below. Interior freshly painted, new carpeting, fans & lights, range & dishwasher. Direct entry from garage. Up 1 flight of stairs to main living & dining areas, kitchen, 1/2 bath (great for guests), laundry room w/ full size washer/dryer incl. & relaxing private balcony looking out to foilage all on one level. Upstairs you will find the 2-master en-suites. Each with their own bath & walk-in closet. Amenities include resort style pool, gym, & billiard room. Community located in the heart of the Camelback/Biltmore corridor & offers easy access to dining, shopping, entertainment & freeways. The location and home couldn't be more perfect! Conv. financing avail w/20% down.
No exterior & parking available.
Grades PK-4 • 0.2 mi
Grades 5-8 • 0.8 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 1,274 | 1,189 | 62% |
| Lot Size | 596 | 995 | 18% |
| Price | $320.0K | $360.0K | 48% |
| Price per sq ft | $251 | $312 | 37% |
| Built year | 1997 | 1984 | 63% |
| HOA | $303 | $363 | 39% |
| Days on market | 45 | 1430 | 1% |
Mar 12, 2026
$320,000
Initial Listing