NOT LISTED FOR SALE

12021 N 40th Way Phoenix, AZ 85028

Paradise Valley Village Neighborhood

Estimated Value: $593,458 - $669,000

2 Beds
2 Baths
1,566 Sq Ft
$411/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $280,000 $179 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,752/month

82 Days on Market

Highlights

  • On Golf Course
  • Heated Spa
  • Spanish Architecture
  • Sequoya Elementary School Rated A
  • Vaulted Ceiling
  • 1 Fireplace

About This Home

As of May 2014

Motivated Seller offering a fabulous home with large backyard facing #7 Fairway at Stonecreek Golf Course. Split 2 Bedroom, 2 Bath with eat-in kitchen, corian counters, convection microwave and oven, Sub Zero fridge, formal dining room, wet bar, wood burning fireplace, vaulted ceilings, new Low E tinted windows and patio doors, Plantation Shutters throughout. 2 covered patios, 1 facing N and 1 facing E with mountain and golf course views and Hot Tub Spa. Close to AZ 51, great hiking trails, shopping and dining. A must see to appreciate property.

Last Agent to Sell the Property

James Aarhus

Arizona Elite Properties License #SA025023000 Listed on: 01/22/2014

Arizona Elite Properties

Last Buyer's Agent

Nicole Hedges

Russ Lyon Sotheby's International Realty License #SA577133000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,484

Year Built

  • Built in 1988

Lot Details

  • 5,705 Sq Ft Lot
  • On Golf Course
  • Private Streets
  • Desert faces the back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $164 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Low Emissivity Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps

Outdoor Features

  • Heated Spa
  • Covered Patio or Porch

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 167-46-669

Community Details

Overview

  • Association fees include street maintenance, front yard maint
  • Brown Mangement Association, Phone Number (480) 539-4396
  • Built by Saddleback Homes
  • Villa Martinique Lot 1 66 Tr A S Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,484

Year Built

Built in 1988

Lot Details

0

HOA Fees

$164 per month

Parking

2

Listing Details

  • Cross Street: Cactus & 40th. Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 164.0
  • Basement: N
  • Items Updated Floor Yr Updated: 2006
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Tax Year: 2013
  • Directions: South on 40th Street. Left (East) on Paradise Drive. Left (North) on 40th Way to the property on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: VILLA MARTINIQUE LOT 1-66 TR A-S
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 164.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated
  • Accessibility Features: Accessible Hallway(s)
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1566.0
  • Stories: 1
  • Window Features: Low-E
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Private Yard
  • Lot Features: Desert Back, On Golf Course, Grass Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 164.0
  • Association Fee Frequency: Monthly
  • Association Name: Brown Mangement
  • Phone: 480-539-4396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Brown Mangement
  • Association Fees:HOA Telephone4: 480-539-4396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Street Maint, Front Yard Maint

Schools

  • Elementary School: Sequoya Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5705.0
  • Parcel #: 167-46-669
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Saddleback Homes

Tax Info

  • Tax Annual Amount: 1484.26
  • Tax Book Number: 167.00
  • Tax Lot: 50
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2014
Closed on
May 9, 2014
Sold by
Lindquist Garry O and Lindquist Elayne M
Bought by
Fisher Betty Charlene
Seller's Agent
James Aarhus
Arizona Elite Properties
Buyer's Agent
Nicole Hedges
Russ Lyon Sotheby's International Realty
List Price
$295,900
Sold Price
$280,000
Premium/Discount to List
-$15,900
-5.37%
Current Estimated Value
$643,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,365
Avg. Annual Appreciation
7.58%
Original Mortgage
$224,000
Outstanding Balance
$172,017
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$471,348

Purchase Details

Closed on
Mar 8, 1999
Sold by
Sheppard Ann P
Bought by
Lindquist Garry O and Lindquist Elayne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 1996
Sold by
Miller Fred R and Miller Arlene M
Bought by
Sheppard Ann P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 1994
Sold by
Miller Fred R and Miller Arlene M
Bought by
Miller Fred R and Miller Arlene M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fisher Betty Charlene $280,000 Greystone Title Agency Llc
Lindquist Garry O $184,900 Chicago Title Insurance Co
Sheppard Ann P $170,000 Lawyers Title Of Arizona Inc
Miller Fred R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Betty Charlene $224,000
Previous Owner Lindquist Garry O $147,900
Previous Owner Sheppard Ann P $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $280,000 -4.7% $179 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
03/28/2014 03/28/14 Price Changed $293,900 -0.7% $188 / Sq Ft
03/17/2014 03/17/14 For Sale $295,900 0.0% $189 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
02/28/2014 02/28/14 Price Changed $295,900 -3.3% $189 / Sq Ft
02/04/2014 02/04/14 Price Changed $305,900 -2.2% $195 / Sq Ft
01/22/2014 01/22/14 For Sale $312,900 -- $200 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,127 $31,287 -- --
2024 $2,063 $29,798 -- --
2023 $2,063 $45,360 $9,070 $36,290
2022 $1,988 $33,670 $6,730 $26,940
2021 $2,089 $30,810 $6,160 $24,650
2020 $2,056 $29,480 $5,890 $23,590
2019 $1,986 $27,710 $5,540 $22,170
2018 $1,923 $26,080 $5,210 $20,870
2017 $1,825 $24,710 $4,940 $19,770
2016 $1,775 $24,560 $4,910 $19,650
2015 $1,632 $22,430 $4,480 $17,950
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    James Aarhus

    Arizona Elite Properties

    (480) 229-2353

    1 in this area

    13 Total Sales

    James Aarhus
    Section Image
  • Nicole Hedges

    Buyer's Agent in 2014

    Nicole Hedges

    Russ Lyon Sotheby's International Realty

    (480) 208-2342

    7 in this area

    53 Total Sales

    Nicole Hedges
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5058057

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-46-669

Arizona Maricopa County Phoenix 85028 Paradise Valley Village

12021 N 40th Way, Phoenix, AZ

This home is located at 12021 N 40th Way, Phoenix, AZ 85028 since 22 January 2014 and is currently estimated at $643,365, approximately $410 per square foot. This property was built in 1988. 12021 N 40th Way is a home located in Maricopa County with nearby schools including Sequoya Elementary School, Cocopah Middle School, and Chaparral High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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