42122 N 46TH Drive, Phoenix, AZ 85086, Phoenix, 85086 - 3 bed, 2 bath
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Phoenix, AZ 85086
This Anthem Parkside Single Family Residence is a Strong Value Opportunity, listed at $507,000—positioned well below the $531,385 Fair Market Value by 4%. This valuation gap offers $24,385 in Instant Equity. With a Condition Rating of 3, the home features recent mechanical upgrades and a functional layout. Located near top-rated schools like Diamond Canyon Elementary, this property is an ideal acquisition for Owner-Occupants seeking lifestyle amenities or first-time buyers prioritizing long-term appreciation in a high-growth corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42122 N 46TH Drive Subject | $507,000* List Price | 3 | 2 | 2,368 | $224 | - |
A 4638 W Venture Court Sold | $530,000 | 3 | 2 | 2,131 | $249 | 0.1 mi |
B 42044 N 44TH Drive Sold | $544,900 | 4 | 2 | 2,369 | $230 | 0.2 mi |
C 4516 W FORTUNE Drive Sold | $480,000 | 4 | 3 | 2,162 | $222 | 0.2 mi |
D 4537 W RAVINA Lane Sold | $499,000 | 3 | 2 | 2,151 | $232 | 0.0 mi |
E 4614 W COTTONTAIL Road Sold | $414,000 | 4 | 2 | 1,757 | $236 | 0.1 mi |
F 42414 N 46TH Lane Pending | $475,000 List Price | 4 | 2 | 1,803 | $263 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (20 years old), this property is well-maintained and move-in ready. It features significant recent updates including luxury vinyl plank flooring and newer HVAC and water heater systems. While the kitchen and bathrooms retain original oak cabinetry and gold-trimmed fixtures, the overall condition is functional and clean, meeting the criteria for a well-maintained 20-year-old home.
Middle School: Diamond Canyon Elementary School (10/10).
Located in the award-winning Anthem Parkside, the property offers access to a world-class community center, pools, pickleball, and extensive trails, significantly enhancing lifestyle appeal.
The home features a newer A/C system and water heater, providing essential peace of mind and immediate cost savings on major maintenance items in the Arizona climate.
The large backyard is currently a blank canvas, requiring additional capital investment from the buyer to transform it into a finished outdoor living space or 'oasis'.
At 2,368 square feet, a three-bedroom configuration may be perceived as less competitive for larger families who typically expect four bedrooms in a home of this size.
Beautifully updated Anthem Parkside home featuring luxury vinyl plank flooring, elegant archways, abundant natural light, and custom window blinds. Spacious kitchen with rich oak cabinetry, built-in appliances, oversized island, and breakfast bar overlooking the main living areas. Newer A/C & water heater for added comfort and peace of mind. Private primary suite with sitting area, outdoor access, dual vanities, and walk-in closet. Versatile bonus room ideal for office, gym, or den. RV gate, covered patio, and large backyard ready for your dream outdoor oasis. Enjoy Anthem's award-winning Community Center with pools, pickleball, fitness center, parks, trails, and more. Near I-17, shopping, dining, and booming TSMC employment corridor. Move-in ready. Don't miss this incredible opportunity!
No exterior & parking available.
Grades PK-6 • 4.2 mi
Grades PK-8 • 0.5 mi
Grades PK-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,368 | - |
| Lot Size | 9,208 | - |
| Price | $507.0K | $495.4K |
| Price per sq ft | $214 | $290 |
| Built year | 2006 | 0 |
| HOA | $100 | $0 |
| Days on market | 13 | 1260 |
Jul 9, 2026
$507,000
Initial Listing