12218 W ROWEL Road, Peoria, AZ 85383, Peoria AZ 85383
ATTENTION INVESTORS! Tenant-occupied single-level home with an existing lease in place, providing rental income from day one. Built in 2018, this well-designed 3-bedroom, 2-bath residence offers approximately 1,517 sq ft, a split-bedroom floor plan, and a 2-car garage. The open great room connects to a spacious kitchen with an island, gas cooktop, wall oven and dining area. Enjoy a private primary suite, covered patio, and low-maintenance desert landscaping, located in gated Coldwater Ranch near Loop 303, Happy Valley, Lake Pleasant, shopping, and dining. Buyer to honor the existing lease.
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Peoria
This property is offered at $280 per square foot, compared with a $249 median for active 3-bedroom homes in Peoria. Its asking price falls near the 53rd percentile of that active group. The comparison uses 487 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $415,000, and the median is $264 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 12228 W DESERT SUN Lane, Peoria, AZ 85383 | Jun 1, 2026 | 4 bd · 2,176 sqft | $495,000 | 0.0 mi |
| 12245 W Rowel Road, Peoria, AZ 85383 | Jul 24, 2026 | 3 bd · 1,517 sqft | $420,000 | 0.0 mi |
| 26315 N 122ND Drive, Peoria, AZ 85383 | Jun 12, 2026 | 3 bd · 1,517 sqft | $410,000 | 0.1 mi |
| 12270 W DESERT SUN Lane, Peoria, AZ 85383 | Jun 11, 2026 | 4 bd · 2,183 sqft | $495,000 | 0.1 mi |
| 26516 N 122ND Lane, Peoria, AZ 85383 | Apr 20, 2026 | 3 bd · 1,517 sqft | $410,000 | 0.1 mi |
| 26524 N 122ND Lane, Peoria, AZ 85383 | Jun 30, 2026 | 3 bd · 1,517 sqft | $395,000 | 0.1 mi |
| 26508 N 122ND Lane, Peoria, AZ 85383 | Jun 30, 2026 | 3 bd · 1,517 sqft | $406,000 | 0.1 mi |
| 12055 W Tether Trl Trail, Peoria, AZ 85383 | Apr 24, 2026 | 4 bd · 2,117 sqft | $460,000 | 0.2 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $425,000 · Active
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