42845 N 7th Avenue, New River, AZ 85087, New River, 85087 - 3 bed, 2 bath
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42845 N 7th Avenue
New River, AZ 85087
PENDING
CONDITION: EXCELLENT
3Beds
2Baths
1,144Sq Ft
59,372Lot Size
Property Price
LIST PRICE$425,000
EST. MARKET VALUE
$429,845
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $425,000—positioned well below the $429,845 Fair Market Value by 1%. This valuation gap offers $4,845 in Instant Equity for buyers. Featuring a Mint Condition Rating with comprehensive recent renovations, the home offers a modern, move-in-ready experience. The massive 59,372 sqft lot provides exceptional privacy and Distant Mountain Views, making it an ideal choice for Owner-Occupants or first-time buyers seeking a rural lifestyle without HOA restrictions.
Estimated Market Value
$429,845
Based on Realkey algorithm analyzing recent comparable sales in New River.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42845 N 7th Avenue Subject | $425,000* List Price | 3 | 2 | 1,144 | $376 | - |
A 42608 N 6TH Avenue Pending | $399,999 List Price | 3 | 2 | 1,040 | $385 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite being built in 1982, the property has undergone a comprehensive recent renovation (<5 years) featuring new flooring, paint, cabinetry, stainless steel appliances, and modern fixtures. The interior is in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 59372, living area = 1144.
- Extensive Recent Upgrades
The home features comprehensive interior renovations including new flooring, paint, fixtures, appliances, and cabinets, offering a modern, move-in-ready experience for buyers.
- Expansive Lot Size
Situated on a massive 59,372 sqft lot, the property provides significant outdoor space and privacy, ideal for those seeking a rural lifestyle or room for additional structures.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Limited Interior Square Footage
At 1,144 square feet for a three-bedroom layout, the interior living space may feel constrained for families or buyers accustomed to more spacious modern floor plans.
- Aging Core Infrastructure
While the interior is updated, the 1982 construction year implies that major structural components and systems may be nearing the end of their functional lifespan.
About 42845 N 7th Avenue
Great house in New River! Lots of natural light and open floor plan. Countless upgrades throughout. New fixtures, new paint, new flooring, new appliances, new ceiling fans, new cabinets, etc. Nice kitchen with island, glass top range, built in microwave, and lots of cupboards for storage. Great lot with lots of space.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 59,372 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,144 | 2,471.933 |
| Lot Size | 59,372 | 19,647.8 |
| Price | $425.0K | $584.8K |
| Price per sq ft | $372 | $255 |
| Built year | 1982 | 2010 |
| HOA | $0 | $310 |
| Days on market | 27 | 82 |
Pricing History
Listed for Sale
Aug 13, 2026
$425,000
Initial Listing