Investor opportunity with strong upside potential. This 3-bedroom, 2-bath home offers a functional layout with interior laundry and sits on an expansive lot, providing ample room for improvement, expansion, or customization. Ideal for investors or buyers looking to add value, the property presents a solid foundation with the space and flexibility to bring your vision to life. Excellent potential for renovation and long-term return.
For sale
$315,000
2038 E CHEERY LYNN Road, Phoenix, AZ 85016
3beds
1,236sqft
Est.:
Single Family Residence
Built in 1956
8,019 Square Feet Lot
$307,700 Zestimate®
$255/sqft
$-- HOA
What's special
- 3 days |
- 563 |
- 19 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: 22 hours ago
Listed by:
Beth Jo Zeitzer 602-319-1326,
R.O.I. Properties,
Dana Schmidt 602-480-5080,
R.O.I. Properties
Source: ARMLS,MLS#: 7003580

Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher
- Laundry: Inside
Features
- Eat-in Kitchen, 3/4 Bath Master Bdrm
- Flooring: Laminate, Tile, Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,236
- Total interior livable area: 1,236 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Open
- Carport spaces: 1
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Patio
- Spa features: None
- Fencing: Block,Chain Link
Lot
- Size: 8,019 Square Feet
- Features: Dirt Front, Dirt Back, Grass Front, Grass Back
Details
- Parcel number: 11923145
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Painted, Block
- Roof: Composition
Condition
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Subdivision: OSBORN PARKWAY 3
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $386,100
- Annual tax amount: $1,670
- Date on market: 3/24/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
$307,700
$292,000 - $323,000
$2,227/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Listed for sale | $315,000+250%$255/sqft |
Source: | ||
| 9/14/1998 | Sold | $90,000+32.5%$73/sqft |
Source: Public Record Report a problem | ||
| 8/11/1995 | Sold | $67,900$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,670 +4% | $38,610 -5.2% |
| 2024 | $1,605 +1.2% | $40,720 +221.2% |
| 2023 | $1,587 +4.5% | $12,679 -48.6% |
| 2022 | $1,519 -1% | $24,660 +8.6% |
| 2021 | $1,535 +0.6% | $22,710 +5.4% |
| 2020 | $1,526 +2.2% | $21,550 +12.2% |
| 2019 | $1,493 | $19,200 +8.8% |
| 2018 | $1,493 +4.3% | $17,650 +12.6% |
| 2017 | $1,432 +11.8% | $15,670 +20.1% |
| 2016 | $1,280 +18.6% | $13,050 +7.1% |
| 2015 | $1,080 | $12,180 +29.2% |
| 2014 | -- | $9,430 +26.9% |
| 2013 | -- | $7,430 -8.4% |
| 2012 | -- | $8,110 -3.2% |
| 2011 | -- | $8,380 -30.3% |
| 2010 | -- | $12,020 -34.4% |
| 2009 | -- | $18,330 -4.8% |
| 2008 | -- | $19,250 +19.6% |
| 2007 | -- | $16,100 +41.9% |
| 2006 | -- | $11,350 |
| 2005 | -- | $11,350 +23.4% |
| 2004 | -- | $9,200 |
| 2003 | -- | $9,200 +34.3% |
| 2002 | -- | $6,850 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,691/mo
Principal & interest
$1583
Property taxes
$108
More affordability tools
Climate risks
Neighborhood: Camelback East
Nearby schools
GreatSchools rating
- 3/10Loma Linda Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 3/10Camelback High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Loma Linda Elementary School
- Middle: Loma Linda Elementary School
- High: Camelback High School
- District: Creighton Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 85016
- Arizona
- Maricopa County
- Phoenix
- 85016
- Camelback East
- 2038 E CHEERY LYNN Road







