40220 N PATRIOT Way N, Anthem, AZ 85086, Anthem, 85086 - 3 bed, 2 bath
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40220 N PATRIOT Way N
Anthem, AZ 85086
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,672Sq Ft
6,268Lot Size
Property Price
LIST PRICE$490,000
EST. MARKET VALUE
$476,497
SUMMARY
This Single Family Residence is a High-Potential Investment Opportunity, listed at $490,000—positioned well above the $476,498 Fair Market Value by 2%. While currently priced slightly above market, the property features a private swimming pool and low-maintenance artificial turf, offering significant lifestyle appeal. With a Condition Rating of 4, the home provides a solid foundation for cosmetic updates to modernize the interior. Located near top-rated schools like Diamond Canyon and Boulder Creek High, this is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Estimated Market Value
$476,497
Based on Realkey algorithm analyzing recent comparable sales in Anthem.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40220 N PATRIOT Way N Subject | $490,000* List Price | 3 | 2 | 1,672 | $285 | - |
A 40800 N APOLLO Way Sold | $430,000 | 3 | 2 | 1,567 | $274 | 0.5 mi |
B 40040 N Courage Way Sold | $460,000 | 3 | 2 | 1,672 | $275 | 0.1 mi |
C 40557 N TERRITORY Trail Sold | $428,000 | 3 | 2 | 1,567 | $273 | 0.4 mi |
D 40557 N TERRITORY Trail Sold | $428,000 | 3 | 2 | 1,567 | $273 | 0.4 mi |
E 3553 W Morse Court Sold | $405,000 | 3 | 2 | 1,264 | $320 | 0.1 mi |
F 3553 W MORSE Court Sold | $405,000 | 3 | 2 | 1,264 | $320 | 0.1 mi |
G 40808 N HEARST Drive Sold | $405,000 | 3 | 2 | 1,264 | $320 | 0.4 mi |
H 3512 W MORSE Court W Pending | $416,900 List Price | 3 | 2 | 1,567 | $266 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2000 (26 years old), the property appears to have original kitchen cabinetry, countertops, and bathroom fixtures. While functional and move-in ready with a well-maintained pool, the interior finishes—including the flooring and lime-green paint—are dated and exceed the 20-year threshold without significant renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Diamond Canyon Elementary School (10/10).
- Private Outdoor Oasis
The property features a private swimming pool and low-maintenance artificial turf, providing a perfect space for Arizona outdoor living without the burden of high upkeep.
- Exceptional School Proximity
Located within walking distance to top-rated institutions like Boulder Creek High and Anthem School, this home offers significant convenience and value for families.
CONSRISKS & DEFICIENCIES
- Aging Major Systems
Built in 2000, the home may soon require significant capital investment for updates to original systems such as the roof, HVAC, or pool equipment.
- Recurring Association Costs
The $310 association fee adds a consistent layer to the monthly carrying costs, which may be a deterrent for budget-conscious buyers compared to non-HOA areas.
About 40220 N PATRIOT Way N
Looking for a north valley 3 bedrooms 2 bath home with private pool? This home is close to freeways, schools, community recreation center and shopping. Almost 1700 sf of living space. Big lot with low maintenance artificial grass in the back. Ample spacing between houses here. Quick close available.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 6,268 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $310 / Month
Neighborhood Insights
Anthem Unified Schools
New River Elementary School
Grades PK-6 • 5.3 mi
5/10
Anthem School
Grades PK-8 • 0.6 mi
9/10
Gavilan Peak Elementary School
Grades PK-8 • 1.2 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,672 | 2,400 |
| Lot Size | 6,268 | 7,306.875 |
| Price | $490.0K | $595.0K |
| Price per sq ft | $293 | $266 |
| Built year | 2000 | 2004 |
| HOA | $310 | $310 |
| Days on market | 11 | 94 |
Pricing History
Listed for Sale
Aug 29, 2026
$490,000
Initial Listing