40404 N NEW RIVER Road, Phoenix, AZ, 85086
About This Home
Updated and move-in ready 1 bedroom, 2 bath property with room to grow! This charming home has been freshly painted inside and out and features new flooring throughout, including tile, carpet, and wood finishes. The updated kitchen offers beautiful quartz countertops, new appliances, and plenty of functionality. Outside, you'll find a separate workshop that could easily be converted into a guesthouse, studio, or additional living space. The property has been improved with extensive new fencing and is fully fenced and gated for added privacy and security. Additional upgrades include a re-coated roof, a brand-new septic system to be installed, and a new water storage tank in addition to the shared well. A great opportunity with thoughtful updates and versatile potential!
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1992
Materials
- Roof: Composition
- Construction materials: Stucco,Wood Frame,Painted
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Built-in Microwave,Gas Range,Gas Oven
- Laundry features: In Garage
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Features
- Eat-in Kitchen,Breakfast Bar,Full Bth Master Bdrm
- Flooring: Carpet,Linoleum
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 1,196
- Total interior livable area: 1,196 sqft
Property
Details
- Parcel number: 21171026T
Features
- Stories: 2
- Patio & porch: Covered,Patio
- Exterior features: Balcony
- Spa features: None
- Fencing: Wrought Iron
- Horses can be raised: Yes
Lot
- Lot size: 1.06 Acres
- Features: Natural Desert Back,Natural Desert Front
Parking
- Total spaces: 6
- Parking features: RV Access/Parking,Direct Access,Circular Driveway
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
- Wildfire
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,678 | $32,136 |
| Home Insurance | $122 | $1,464 |
| Property Taxes | $194 | $2,328 |
| Electricity | $216 | $2,603 |
| Total | $3,210 | $38,520 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-12 | Price change | $514,900 |
| 2026-08-10 | Price change | $529,500 |
| 2026-08-04 | Price change | $529,600 |
| 2026-07-23 | Price change | $529,700 |
| 2026-07-12 | Price change | $549,700 |
| 2026-07-10 | Listed for sale | $549,800 |
| 2026-06-02 | Listing removed | $549,800 |
| 2026-05-28 | Price change | $549,800 |
| 2026-05-15 | Listed for sale | $549,900 |
| 2026-02-09 | Sold | $323,950 |
| 2025-11-10 | Sold | $312,478 |
| 2025-10-24 | Price change | $350,000 |
| 2025-09-19 | Price change | $370,000 |
| 2025-08-21 | Price change | $375,000 |
| 2025-07-26 | Price change | $399,000 |
| 2025-07-19 | Listed for sale | $450,000 |
| 1998-08-21 | Sold | $125,000 |
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