5740 N 42nd Avenue, Phoenix, AZ 85019, Phoenix, 85019 - 4 bed, 3 bath
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Phoenix, AZ 85019
This Spacious Tri-Level Residence is a Strong Value Opportunity, listed at $399,900—positioned well below the $417,279 Fair Market Value by 4%. This valuation gap offers $17,379 in Instant Equity for the buyer. The property maintains a Good Condition Rating with modern interior updates and a Private Swimming Pool, offering immediate lifestyle appeal. While school ratings in the immediate vicinity are modest, the home’s competitive price-per-square-foot makes it an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, well-located Phoenix home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5740 N 42nd Avenue Subject | $399,900* List Price | 4 | 3 | 2,320 | $180 | - |
A 5616 N 42ND Lane Sold | $419,000 | 4 | 4 | 2,384 | $176 | 0.2 mi |
B 3631 W COLTER Street Sold | $415,000 | 4 | 3 | 2,252 | $184 | 0.9 mi |
C 5524 N 39TH Avenue Sold | $380,000 | 4 | 3 | 2,327 | $163 | 0.4 mi |
D 3947 W RANCHO Drive Sold | $395,000 | 4 | 2 | 2,149 | $184 | 0.2 mi |
E 5616 N 42nd Lane Sold | $419,000 | 4 | 4 | 2,384 | $176 | 0.2 mi |
F 5617 N 38TH Drive Sold | $335,000 | 4 | 2 | 1,742 | $192 | 0.5 mi |
G 4117 W SAN JUAN Avenue Active | $485,000 List Price | 4 | 4 | 2,320 | $209 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1966, the property has undergone a significant renovation within the last 5-15 years. The kitchen features updated solid-surface countertops, stainless steel appliances, and refreshed cabinetry. Modern wood-look tile flooring and fresh interior paint throughout indicate a well-maintained, move-in ready condition consistent with the 'Good' rating.
At 2,320 square feet for under $400,000, this property offers a highly competitive price-per-square-foot for a four-bedroom home in the Phoenix market.
The inclusion of a private swimming pool in the backyard is a premium feature for the Arizona climate, significantly enhancing the home's entertainment value and buyer appeal.
The home is move-in ready with thoughtful upgrades and stylish finishes throughout, providing a contemporary aesthetic that eliminates the need for immediate renovation costs.
The assigned elementary and middle schools have low performance ratings (ranging from 2 to 4), which may be a deterrent for families prioritizing high-ranking educational districts.
Despite the aesthetic updates, the 1966 build date implies that underlying structural components and utility systems may require more frequent maintenance compared to newer constructions.
Exceptional value in this stunning updated tri-level residence offering 4 bedrooms, generous living spaces, and a versatile layout ideal for modern living. Thoughtfully upgraded throughout, this move-in ready home features bright open spaces, stylish finishes, and room to gather or unwind. The backyard is your personal oasis with a refreshing pool perfect for entertaining or enjoying sunny Arizona days. Ideally situated near top shopping, dining, schools, and commuter routes, this home delivers comfort, convenience, and lifestyle.
No exterior & parking available.
Grades K-3 • 0.6 mi
Grades K-3 • 1.0 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 2,320 | 1,421 | 94% |
| Lot Size | 7,200 | 6,830 | 58% |
| Price | $399.9K | $325.0K | 83% |
| Price per sq ft | $172 | $195 | 35% |
| Built year | 1966 | 1959 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 1348 | 1% |
May 26, 2026
$399,900
Initial Listing