21813 N 40TH Way, Phoenix, AZ 85050, Phoenix, 85050 - 4 bed, 3 bath
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Phoenix, AZ 85050
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $599,000—positioned well below the $671,960 Fair Market Value by 10%. This valuation gap offers $72,960 in Instant Equity. Featuring a Condition Rating of 2, the home includes a new HVAC, energy-efficient windows, and designer kitchen updates. Located in the prestigious Desert Ridge community near 10/10 rated schools, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21813 N 40TH Way Subject | $598,000* List Price | 4 | 3 | 2,177 | $286 | - |
A 4020 E MELINDA Lane Sold | $505,000 | 3 | 3 | 1,449 | $349 | 0.2 mi |
B 4020 E MELINDA Lane Sold | $505,000 | 3 | 3 | 1,449 | $349 | 0.2 mi |
C 4020 E MELINDA Lane Sold | $505,000 | 3 | 3 | 1,449 | $349 | 0.2 mi |
D 3964 E CAT BALUE Drive Sold | $500,000 | 3 | 3 | 1,444 | $346 | 0.2 mi |
E 4054 E ABRAHAM Lane Sold | $460,000 List Price | 3 | 3 | 1,506 | 0.1 mi | |
F 3941 E CAT BALUE Drive Sold | $510,000 | 3 | 3 | 1,444 | $353 | 0.3 mi |
G 3933 E CAT BALUE Drive Sold | $500,000 | 2 | 3 | 1,500 | $333 | 0.3 mi |
H 3965 E MELINDA Drive Active | $595,000 List Price | 3 | 3 | 1,874 | $318 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1999, the property has undergone a comprehensive recent renovation (likely <5 years) including a new HVAC, water heater, and energy-efficient windows. The kitchen and bathrooms feature modern designer updates, and the interior is in mint, move-in-ready condition with upgraded lighting and custom closets.
Elementary School: Desert Trails Elementary School (10/10).
Situated in the highly sought-after Desert Ridge community, the property offers proximity to top-rated schools—including a 10/10 rated elementary—and immediate access to Desert Ridge Marketplace and major freeways.
The home features significant high-value improvements including a new HVAC system, energy-efficient windows, and designer-remodeled kitchen and bathrooms, ensuring a turn-key experience with reduced immediate maintenance costs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 6.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2873, living area = 2177.
With a lot size of only 2,873 sqft for a 2,177 sqft home, the outdoor space is relatively small, which may limit buyers looking for a large private yard or extensive gardening opportunities.
Rare hidden gem in the sought-after Desert Ridge community! Upgraded 4-bed, 3-bath home with Loft/ bonus room shows true pride of ownership. Flexible layout with a bedroom and full bath downstairs--ideal for guests, or an office. Designer updates include kitchen with breakfast bar, spa-like bathrooms, NEW HVAC, energy-efficient windows, water heater, attic insulation, recessed lighting, custom closets throughout, freshly painted exterior and much more. The private oversized backyard offers low-maintenance turf, custom pavers and space to relax or entertain. Just down the street from Desert Ridge Marketplace, High Street, Mayo Hospital, top-rated PV schools, and close to the 101 & 51 freeways for easy access around the Valley.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 0.6 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,177 | - |
| Lot Size | 2,873 | - |
| Price | $598.0K | $495.4K |
| Price per sq ft | $275 | $290 |
| Built year | 1999 | 0 |
| HOA | $300 | $0 |
| Days on market | 44 | 1260 |
Jul 18, 2026
$598,000
$599,000
+0% Price Increase
Initial Listing
Jun 9, 2026
$599,000
Initial Listing