40213 N MICHNER Way, Anthem, AZ 85086, Anthem, 85086 - 3 bed, 2 bath
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Anthem, AZ 85086
This Versatile Anthem Residence is a High-Potential Investment Opportunity, listed at $499,000—positioned well below the $515,919 Fair Market Value by 3%. This valuation gap secures $16,919 in Instant Equity for the incoming buyer. Currently maintaining a Fair Condition Rating, the home offers exceptional utility with a 3-car garage, RV gate, and granite kitchen. Boasting mountain views and proximity to the 10/10 Diamond Canyon Elementary, it perfectly balances financial upside with elite lifestyle amenities. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40213 N MICHNER Way Subject | $499,000* List Price | 3 | 2 | 1,852 | $279 | - |
A 40022 N CURIE Court Sold | $425,000 List Price | 4 | 2 | 1,890 | 0.1 mi | |
B 2631 W Patagonia Way Sold | $569,000 | 3 | 2 | 1,710 | $333 | 0.7 mi |
C 40701 N UNION Trail Sold | $565,000 | 3 | 2 | 2,303 | $245 | 0.3 mi |
D 3209 W WALDEN Court Sold | $490,000 | 3 | 2 | 1,672 | $293 | 0.2 mi |
E 3209 W WALDEN Court Sold | $490,000 | 3 | 2 | 1,672 | $293 | 0.2 mi |
F 40840 N APOLLO Way Sold | $450,000 List Price | 4 | 3 | 2,140 | 0.3 mi | |
G 40214 N FAITH Lane Active | $540,000 List Price | 3 | 2 | 1,812 | $298 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2000, making it 24 years old, which aligns with the 'Fair' condition criteria for homes built over 20 years ago. While the home is well-maintained and move-in ready with updates like granite countertops and clean tile flooring, the overall style and fixtures appear to be from the original construction period without a full recent renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8050, living area = 1852.
Middle School: Diamond Canyon Elementary School (10/10).
The property is ideally situated backing a common area with walking and biking paths, offering enhanced privacy and scenic mountain views without rear neighbors.
Constructed in 2000, the property may require upcoming capital expenditures for original systems such as the roof or HVAC if they have not been recently modernized.
The $310 association fee is a substantial recurring expense that may impact the debt-to-income ratio and overall monthly affordability for budget-conscious buyers.
Must see this 3 Bedroom, 2 Bathroom plus Bonus Room and 3 Car Garage. RV Gate. Community Pool. Close to Shopping and Dining. Open Floor Plan. Granite Counter Tops. Gas Fireplace in Master Bedroom and 2nd Gas Fireplace in Bonus Room. Master Bedroom has separate exit to the Beautiful Backyard. Just 3 lots down you have access to a park. House backs common area with walking and biking path.
No exterior & parking available.
Grades PK-6 • 5.3 mi
Grades PK-8 • 0.5 mi
Grades PK-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,852 | 2,199 | 29% |
| Lot Size | 8,050 | 7,800 | 52% |
| Price | $499.0K | $460.0K | 55% |
| Price per sq ft | $269 | $239 | 65% |
| Built year | 2000 | 2003 | 25% |
| HOA | $310 | $288 | 63% |
| Days on market | 15 | 1741 | 0% |
Apr 7, 2026
$499,000
Initial Listing