Home value estimate for

2243 W Mcrae Way

Phoenix, AZ, 85027

Generated Oct 26, 2026

Street View imagery may not reflect the home's current condition.

Home value estimate
Not an asking price

Estimated market value

$427,964

Estimated range $324,901–$480,995

Moderate confidence

Based on available public data

4 beds
2 baths
1,968 sqft
Built 1974
Single-family home
$1,715/yr property tax

This automated estimate is a starting point for evaluating the home. It is not an appraisal, offer, or confirmation that the property is currently for sale.

How this estimate was calculated
  • • 12 of 23 recent comparable sales selected
  • • Nearby sales receive more weight
  • • 15% assessor-data blend
  • • 7.2% annual local market adjustment
  • • 3 distressed sales excluded

Sales Status

Sale status not verified

This is a home value estimate, not a for-sale listing. HomeHub has not verified that this property is currently available.

Estimated monthly cost
Explore affordability using the value estimate and editable loan assumptions.

Estimated payment

$2,432/mo

Principal & interest

$2,164

Property tax

$143

Insurance

$125

HOA

Not included

20% · $85,593
%

30-year loan estimate. Taxes use property data when available; insurance and PMI are estimates. This is not a loan quote.

Open full mortgage calculator
Location and nearby sales
See this home's location, the recent sales behind the estimate, and available school data.
Subject
Comparable (12)
Comparable Sales
Recent nearby sales used to estimate this property's value. Highlighted rows were used in the valuation.
AddressSoldPrice$/sqftType
2226 W Mcrae Way
3 bd · 2 ba · 1,970 sqft
Dec 20, 2025$470,000$239Houses
2310 W Bluefield Ave
5 bd · 2 ba · 1,828 sqft
Apr 23, 2026$439,800$241Houses
2115 W Morrow Dr
3 bd · 2 ba · 1,428 sqft
Mar 11, 2026$399,990$280Houses
18815 N 22nd Ln
4 bd · 2 ba · 1,544 sqft
Aug 4, 2026$405,000$262Houses
2117 W Kimberly Way
4 bd · 2 ba · 1,808 sqft
Mar 4, 2026$449,000$248Houses
Area Insights
Phoenix-Mesa-Chandler, AZ MSA

Area Median Income

$64,886

HUD FMR 2BR

$1,710/mo

Property Tax
Based on 2027 assessment

Annual

$1,715

Monthly

$143

Effective Rate

0.40%

Sales History
DateSale Amount
Jul 24, 2023$414,500
Apr 21, 2023$260,000
Property Details
Lot Size7,713 sqft
Year Built1974
Rooms7
HOANo
PoolNo
GarageGarage (361 sqft)
A/CRefrigeration
HeatingYes
ConstructionConcrete Block
Flood Zone
FEMA flood zone designation for this property

Zone X

0.2 PCT ANNUAL CHANCE FLOOD HAZARD