26435 N 42ND Place, Phoenix, AZ 85050, Phoenix, 85050 - 4 bed, 3 bath
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Phoenix, AZ 85050
This Spacious Updated Residence is a Prime Investment Opportunity, listed at $725,000—positioned well below the $909,874 Fair Market Value by 20%. This significant valuation gap provides $184,874 in Instant Equity. The home maintains a Good Condition Rating following extensive 2026 updates, including Luxury Vinyl Plank flooring, Quartz countertops, and a fully paid-off solar system for maximum energy efficiency. Located in the desirable Tatum Highlands, this property balances turnkey lifestyle perks with massive financial upside. It is an ideal acquisition for Owner-Occupants seeking a modern sanctuary or Buy-and-Hold Investors targeting high-equity assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26435 N 42ND Place Subject | $725,000* List Price | 4 | 3 | 2,359 | $386 | - |
A 26269 N 45TH Place Sold | $675,000 List Price | 4 | 3 | 2,131 | 0.5 mi | |
B 25807 N 41ST Way Sold | $795,000 List Price | 4 | 4 | 2,734 | 0.4 mi | |
C 26214 N 43RD Place Sold | $759,000 | 3 | 2 | 2,151 | $353 | 0.3 mi |
D 26214 N 43RD Place Sold | $759,000 | 3 | 2 | 2,151 | $353 | 0.3 mi |
E 25819 N 43RD Place Sold | $849,000 | 4 | 2 | 2,151 | $395 | 0.3 mi |
F 25819 N 43RD Place N Sold | $849,000 | 4 | 2 | 2,151 | $395 | 0.3 mi |
G 4630 E PRICKLY PEAR Trail Active Under Contract | $615,000 List Price | 4 | 3 | 2,465 | $249 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition following significant 2026 updates, including new luxury vinyl plank flooring, fresh interior paint, new carpeting, and quartz countertops in the kitchen. While the home was built in 1996, the recent cosmetic refresh combined with high-value functional upgrades like a fully paid-off solar system and a new tankless water heater meet the criteria for 'good.' It falls short of 'excellent' due to some dated elements, such as white appliances and original master bathroom finishes.
The property features a fully paid-off solar system, dual-pane windows with energy star screens, and a new Navien tankless water heater, ensuring exceptionally low utility costs.
The home has been recently refreshed with luxury vinyl plank flooring, new carpet, fresh interior paint, and quartz countertops, offering a modern and move-in-ready aesthetic.
The floor plan includes a massive oversized master bedroom and walk-in closet, providing a level of comfort and storage rarely found in homes of this vintage.
While many interior finishes are new, the 1996 construction date suggests that original structural elements like the roof or HVAC may be nearing the end of their typical functional lifespan.
The 2026 updates specifically mention remodeling the two guest bathrooms, potentially leaving the master bathroom feeling dated in comparison to the rest of the refreshed interior.
This lovely desert home is situated within the coveted Tatum Highland's Subdivision. The home features a FULLY PAID off SOLAR SYSTEM, for a low cost/energy efficient home! It has 2359 sq.ft. and a welcoming light & neutral paint palette. The 4 BR/2.5 BA features a Family Room, Dining Room, and Living Room, Beautifully Refinished Kitchen with X-tra Cabinets and Quartz Countertops. Refrigerator, Washer, and Dryer convey. Dual pane Windows and solar energy star screens. New Navien H20 Tankless Water Heater! Huge oversized MA BR, MA BA, and MA Walk-in Closet. NEW 2026: Luxury Vinyl Plank, Carpet, 2 Guest Baths Remodeled (vanity and sinks), Fresh Interior Paint Throughout, Kitchen Quartz Countertops, Kitchen Cabinets Refinished, 6 Windows.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,359 | 1,962 | 70% |
| Lot Size | 8,503 | 6,106 | 86% |
| Price | $725.0K | $500.0K | 78% |
| Price per sq ft | $307 | $299 | 54% |
| Built year | 1996 | 1998 | 43% |
| HOA | $142 | $132 | 51% |
| Days on market | 63 | 1589 | 1% |
Feb 18, 2026
$725,000
Initial Listing