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Phoenix 85027 Adobe Gardens
22225 N 29TH Drive
Photo of 22225 N 29TH Drive
Sold on Jul 1, 2025

25

Map

Photo of 22225 N 29TH Drive
Photo of 22225 N 29TH Drive
$326,500
● House - Off Market

22225 N 29TH Drive

Phoenix, AZ 85027
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,308 Ft²
$1,865
Est. Monthly
$95
HOA / Fees
7.06%
Cap Rate

About This Property

Tucked away in a private cul-de-sac, this freshly painted, inside and out, 3-bedroom, 2-bath ranch-style home is truly move-in ready and full of charm! Boasting vaulted ceilings and a spacious great room that flows seamlessly into the kitchen, the layout is perfect for relaxing or entertaining. Enjoy Arizona evenings in the private backyard with a covered brick patio, ideal for outdoor living. The home also features a 2-car garage and is located near the Motorcycle Mechanics Institute, top schools, Lincoln Hospital, shopping, and with quick access to the 101 and I-17, this gem is perfect as a personal residence or investment opportunity!
Unit Size
1,308 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$260
Property Type
House
Property Taxes
$100
HOA Dues
$95
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (ARMLS #6864124)

Price History

Date / Event Date Event Price
Jul 1, 2025 Sold
Premium
Sold
Jun 3, 2025 In contract -
In contract
May 24, 2025 Relisted $340,000
Relisted
May 20, 2025 In contract -
In contract
May 9, 2025 Listed by My Home Group Real Estate $340,000
Listed by My Home Group Real Estate
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,800
  • Total Building Area: 1,308
  • Gross Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ADOBE GARDENS
  • Land Acres: 0000000064
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: ADOBE GARDENS MCR 525-47

Neighborhood

  • School District Name: Deer Valley Unified District
  • Census Tract: 614500

Zoning

  • Zoning: M-L

Geography

  • Assessors Map Reference: 52547
  • Parcel: 206-04-249
  • Lot: 63
  • Municipality: PHOENIX
  • Latitude: 33.6884
  • Longitude: -112.122

    Address

  • Full Address: 22225 N 29th Dr
  • Address - House Number: 22225
  • Street Direction: N
  • Address - Street Name: 29th
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C080
  • 4-Digit Zip Code: 1755
  • Zip Code: 85027

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $100,590
  • Tax Rate Code Area: 971300

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 377,547
  • High Value: 436,442
  • Low Value: 318,653

    Market Valuation

  • Market Total Value: $254,100
  • Market Land Value: $50,800
  • Market Improvement Value: $203,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,410
  • Assessed Land Value: $5,080
  • Assessed Improvements Value: $20,330

    Sales

  • Current Sale Contract Date: Jan 24, 2017
  • Current Sale Recording Date: Jan 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-0067262
  • Previous Sale Recording Date: Jul 03, 2002
  • Previous Sale Contract Date: Jun 20, 2002
  • Previous Sale Amount: $129,797
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Deer Valley

Stats & Trends

Median Asking:

$435,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1904 ft²

Average Home Age

33.5 years

Currently For Sale

513 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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ARMLS

Listed by: George Laughton, My Home Group Real Estate
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6864124
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 22225 North 29th Drive built and last sold?
The property at 22225 North 29th Drive was built in 2002 and last sold on Jan 24, 2017 for $162,000.
How much is this home worth?
The estimated value of the home located at 22225 North 29th Drive is $0.
What are some comparable homes to 22225 North 29th Drive?
There are currently no comparable homes to 22225 North 29th Drive.
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