Active

40404 N NEW RIVER Road, Phoenix, AZ 85086, Phoenix AZ 85086

$499,700
1 bed · Built 1992 · 1.06 acres

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

40404 N NEW RIVER Road, Phoenix, AZ 8508640404 N NEW RIVER Road, Phoenix, AZ 8508640404 N NEW RIVER Road, Phoenix, AZ 8508640404 N NEW RIVER Road, Phoenix, AZ 8508640404 N NEW RIVER Road, Phoenix, AZ 8508640404 N NEW RIVER Road, Phoenix, AZ 85086

CloseDaily local analysis

Facts and context beyond the MLS description

The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.

Current market context

How this property compares in Phoenix

This property is grouped with the current 1-bedroom homes in Phoenix. Its asking price falls near the 90th percentile of that active group. The comparison uses 511 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.

The property has been tracked for 0 days, while the current cohort averages 26 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.

$3Cohort median $/sqft
511Comparable active listings
26 daysAverage market time

Nearby closed sales

Recent sold homes near this property

The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $722,500, and the median is $298 per square foot where square footage was reported.

Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.

AddressSoldHomeSold priceDistance
39809 N NEW RIVER Road, Phoenix, AZ 85086 Aug 14, 2026 4 bd · 2,089 sqft $439,000 0.4 mi
1121 E SADDLE MOUNTAIN Road, Phoenix, AZ 85086 Jul 8, 2026 6 bd · 4,095 sqft $1,160,000 0.4 mi
1016 E ARROYO Road, Phoenix, AZ 85086 Oct 2, 2026 4 bd · 1,888 sqft $710,000 0.4 mi
428 E HEMINGWAY Lane, Phoenix, AZ 85086 Jun 10, 2026 4 bd · 3,240 sqft $1,025,000 0.5 mi
40724 N CENTRAL Avenue, Phoenix, AZ 85086 Jul 28, 2026 4 bd · 2,628 sqft $735,000 0.7 mi
39624 N Central Avenue, Phoenix, AZ 85086 Jun 9, 2026 4 bd · 1,982 sqft $575,000 0.9 mi
248 E LINDA Lane, Phoenix, AZ 85086 Jun 30, 2026 3 bd · 1,664 sqft $508,500 1.0 mi
514 W MORSE Drive, Phoenix, AZ 85086 May 12, 2026 3 bd · 2,324 sqft $800,000 1.0 mi

MLS timeline

Price and status history

This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.

  1. $499,700 · Active
  2. $499,700 · Active

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