6242 W WOOD Street, Phoenix, AZ 85043, Phoenix, 85043 - 3 bed, 2 bath
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Phoenix, AZ 85043
This Move-In Ready Ranch-Style Home is a Prime Investment Opportunity, listed at $355,000—positioned well below the $362,910 Fair Market Value by 2%. This valuation gap secures $7,910 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the interior features luxury vinyl flooring, stainless steel appliances, and a private patio. Located in the Rio Del Rey neighborhood near Betty Fairfax High, it offers excellent Loop 202 accessibility. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey asset with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6242 W WOOD Street Subject | $355,000* List Price | 3 | 2 | 1,441 | $252 | - |
A 6246 W ILLINI Street Sold | $370,000 | 3 | 2 | 1,342 | $276 | 0.3 mi |
B 6246 W ILLINI Street Sold | $370,000 | 3 | 2 | 1,343 | $276 | 0.3 mi |
C 4110 S 62ND Lane Sold | $349,000 | 3 | 2 | 1,442 | $242 | 0.0 mi |
D 4110 S 62ND Lane Sold | $349,000 | 3 | 2 | 1,441 | $242 | 0.0 mi |
E 6205 W Encinas Lane Active | $375,000 List Price | 3 | 2 | 1,441 | $260 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2001 (23 years old), the property qualifies as 'Good' due to recent interior updates including luxury vinyl flooring throughout and stainless steel appliances. While the bathroom vanities and tub surrounds appear original, the home is well-maintained, functional, and move-in ready.
The home features modern luxury vinyl flooring throughout, stainless steel appliances, and a neutral color palette, making it highly attractive for buyers seeking a turnkey property.
Situated in the desirable Rio Del Rey neighborhood, the property offers excellent accessibility to the 202 Freeway, local shopping, and dining, ideal for commuters.
The primary bedroom is well-appointed with a bay window for added natural light, dual-sink vanities, and two sliding-door closets, providing a comfortable and private retreat.
The assigned public schools have relatively low performance ratings (ranging from 3 to 5), which may be a concern for families prioritizing education or long-term resale value.
At 5,253 square feet, the lot size is relatively modest for a single-family residence, which may limit options for significant outdoor expansions or large-scale landscaping.
Welcome home to this charming 3-bedroom, 2-bathroom ranch-style house in the desirable Rio Del Rey neighborhood! The inviting interior features a spacious open floor plan with a neutral color palette, French doors leading to the backyard, arched doorways, and luxury vinyl flooring throughout the entire home. The eat-in kitchen is equipped with SS appliances, generous counter space, plenty of wood cabinetry, and a pass-through window to the family room. The primary bedroom includes a bay window, two sliding-door closets, and a full bathroom with dual sinks. Step outside to the patio and enjoy the fully fenced backyard with lush grass. Easy access to the 202 Freeway, as well as nearby restaurants and shopping. It is move-in ready!
No exterior & parking available.
Grades PK-4 • 2.2 mi
Grades 5-8 • 0.4 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,441 | 1,685 | 25% |
| Lot Size | 5,253 | 6,025 | 34% |
| Price | $355.0K | $325.0K | 65% |
| Price per sq ft | $246 | $180 | 88% |
| Built year | 2001 | 2005 | 27% |
| HOA | $90 | $82 | 64% |
| Days on market | 4 | 1140 | 1% |
Apr 21, 2026
$355,000
Initial Listing