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9422 W Donald Dr
Score
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Peoria, AZ

9422 W Donald Dr

814K
5 bd • 3 ba • 3,318 sf

This analysis was generated on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$814,300

Price/Sq.Ft

$245

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This 3,318 sqft property in Peoria, AZ offers excellent value at $245.42/sqft, which is approximately 15% below the average price of $288/sqft for similar homes in the area. With 5 bedrooms and 3 bathrooms, it provides ample space for larger families or those needing extra rooms for home offices. The property features a spacious driveway with pavers, enhancing curb appeal and providing additional parking. The desert-friendly landscaping with mature trees suggests lower water consumption and maintenance costs. The home's stucco exterior with stone accents is both aesthetically pleasing and practical for the Arizona climate, potentially reducing cooling costs. The two-car garage offers secure parking and additional storage space. Based on the median income of $125,200 in the area, this property is within reach for many local buyers, suggesting good potential for future appreciation.

The Bad

While the property offers many positives, there are some potential drawbacks. The exact year built is unknown, which could indicate an older home with potential maintenance issues. The lack of detailed information about utilities, systems, and room specifics makes it difficult to assess the overall condition and any recent upgrades. The price of $814,300, while competitive on a per-square-foot basis, is still 6.5 times the median income, which may limit the pool of potential buyers. The property appears to have minimal grass, which while water-efficient, may not appeal to buyers wanting traditional lawns. The home's orientation (if the front is west-facing) could lead to increased afternoon heat and higher cooling costs during summer months.

The Ugly

The most concerning aspects of this property relate to environmental factors specific to Peoria, AZ. The extreme heat in the area can lead to significantly high cooling costs, potentially reaching $300-$400 per month during peak summer months. Without information on the HVAC system's age and efficiency, this could represent a substantial ongoing expense or a major replacement cost ($5,000-$10,000) in the near future. The area's hard water can cause scale buildup in pipes and appliances, potentially leading to reduced efficiency and lifespan. Installation of a water softener system could cost $1,000-$2,500. Pest control, particularly for scorpions common in the area, could add an ongoing expense of $50-$100 per month. The property's proximity to Luke Air Force Base (if within the flight path) could subject residents to significant aircraft noise, potentially impacting quality of life and future resale value.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is best suited for larger families or multi-generational households who can utilize the 5 bedrooms and 3 bathrooms. With a spacious 3,318 sqft, it's ideal for those who work from home and need dedicated office space. The desert-friendly landscaping makes it perfect for environmentally conscious buyers or those wanting low-maintenance exteriors. Given the price point, it's most appropriate for upper-middle-class buyers with household incomes of $200,000+ (based on the general rule of home price being 3-4 times annual income). Investors could also find this property attractive, as the rental rate for a 4+ bedroom home in the area is $4,070, potentially yielding a gross annual income of $48,840.

Not For

This property is not suitable for first-time homebuyers or those with incomes below $150,000, given the high purchase price and potential maintenance costs. It's also not ideal for small families or couples who don't need 5 bedrooms, as they would be paying for unused space. Buyers sensitive to noise should be cautious due to potential aircraft noise from the nearby Air Force base. Those preferring modern, energy-efficient homes might find this property lacking, especially without information on recent upgrades or energy ratings. Lastly, it's not suitable for buyers wanting a large, grassy yard for outdoor activities.
Demographics
Area Median Income

$125,200

Property History

Price History
Ownership Timeline
$433,330Financed
Dec 10, 2014
Meritage Homes Of Arizona IncBobbye Gene Benson, Tiffani Jayne Benson
Special Warranty Deed
New Construction Residential Transactions

Sunlight Analysis

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Sunlight Analysis

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Financials

Monthly Costs
Market Rent (5 bed)

$2,020

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$814,300
Price/sqft
$245
Layout
5 bd3 ba
0

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$770,000

5.8%

Your price is 5.8% above average

Median Price

$800,000

1.8%

Based on 6 recent sales

Price per Sq.Ft

$241

1.8%

Your price is 1.8% above average $/sqft

Comparable Properties

9339 W CASHMAN Drive, Peoria, AZ 85383
Price: $1,000,000
Sq.Ft: 3,318
Beds/Baths: 4/3
$/Sq.Ft:
$30122.8%
Sale Date: 10/1/2024
22404 N 98th Avenue, Peoria, AZ 85383
Price: $800,000
Sq.Ft: 3,200
Beds/Baths: 4/3
$/Sq.Ft:
$2501.9%
Sale Date: 10/7/2024
9761 W Sands Drive, Peoria, AZ 85383
Price: $720,000
Sq.Ft: 3,286
Beds/Baths: 4/3
$/Sq.Ft:
$21910.7%
Sale Date: 8/29/2024
9440 W ALEX Avenue, Peoria, AZ 85382
Price: $605,000
Sq.Ft: 3,376
Beds/Baths: 6/3
$/Sq.Ft:
$17927.0%
Sale Date: 8/5/2024
22920 N 94TH Lane, Peoria, AZ 85383
Price: $920,000
Sq.Ft: 3,103
Beds/Baths: 4/3
$/Sq.Ft:
$29620.8%
Sale Date: 8/15/2024
9044 W ADAM Avenue, Peoria, AZ 85382
Price: $575,000
Sq.Ft: 2,858
Beds/Baths: 5/3
$/Sq.Ft:
$20118.0%
Sale Date: 8/14/2024

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