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.
This almost new home has the clean contemporary look that everyone wants. Single story 3 bed/ 2 bath with a nice large Great Room off the Kitchen that has gorgeous countertops and Dining Area with views in to the yard. This is a great, starter, downsizer or even a second home. The opportunities are plenty for putting your unique look on this well kept home. Come take a look while the advantage is yours. You won't be disappointed. Welcome Home!
Year
Property tax
Land + Additions
Assessment*
2025
$2,186 (+15.6%)
2024
$1,891 (+2.1%)
2023
$1,852 (+3.8%)
2022
$1,784 (+11.5%)
$4,570 + $18,300
$22,870
2021
$1,600 (−0.2%)
$4,210 + $16,840
$21,050
2020
$1,604 (+3.3%)
$3,800 + $15,200
$19,000
2019
$1,552 (+1,105.1%)
$3,540 + $14,180
$17,720
2018
$129
$3,540 + $14,180
$17,720
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
4,050 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,517
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,517
Year built
2018
Style
Single Family Residential
County
Maricopa County
APN
50355466
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 26, 2026.
R-2
LOOP 303 SAP
Two-Family Residential District
The principal purpose of this zoning district is to provide for efficient use of land and facilities by single-family attached or detached dwellings and limited multiple-family residential projects taking into consideration sustainable development practices, and existing conditions, including present use of land, future land use needs and the availability of public utilities. The minimum lot required is 6,000 sq ft in area and the minimum lot area required for each dwelling unit is 4,000 sq ft. Principal uses permitted in this zoning district include single-family, twofamily, and limited multiple-family dwellings and other uses permitted in the single-family residential zoning district.
Zone overlays
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Public service
Educational/school
Library
Museum / gallery
Golf related
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 113° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Peoria, AZ • 85383
Average low and high temperatures (°F)
68
46
77
53
84
59
85
60
93
68
104
77
106
82
107
83
98
76
91
66
76
52
73
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
77/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 12218 W Rowel Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $385,000 and $470,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $385K to $470K.