NOT LISTED FOR SALE

12022 N 40th Way Phoenix, AZ 85028

Paradise Valley Village Neighborhood

Estimated Value: $567,485 - $635,000

2 Beds
2 Baths
1,566 Sq Ft
$386/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $300,000 $192 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,552/month

1 Day on Market

Highlights

  • Golf Course Community
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Sequoya Elementary School Rated A
  • Community Pool
  • 2 Car Direct Access Garage

About This Home

As of September 2019

Immaculate 2 bdrm, 2 bath lock and leave home. Vaulted ceilings, open floor plan and clerestory windows create an inviting ambiance to this home. Kitchen is open to family room with bay window and sliding doors to outside. Great room has vaulted ceiling, fireplace (recently cleaned) and doors to covered patio and back yard. Master bdrm has clerestory window, vaulted ceiling and doors to outside. Master bath has separate tub and shower and double sinks. Dishwasher and refrigerator are newer. Microwave 1 yr old. Roof was completely redone with upgraded granular underlayment in approx 2013. Air ducts cleaned recently. Thermostatic fan in attic provides more energy efficiency. Great location close to shopping, restaurants, freeway access. Stone Creek golf course across the street.

Last Agent to Sell the Property

Linda Martin

HomeSmart License #SA024062000 Listed on: 08/19/2019

HomeSmart

Last Buyer's Agent

Eric Karlene

Realty ONE Group License #SA630328000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,819

Year Built

  • Built in 1990

Lot Details

  • 5,217 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $182 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace

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

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 167-46-677

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint
  • Brown Community Mgmt Association, Phone Number (480) 539-1396
  • Built by Saddleback Homes
  • Villa Martinique Lot 1 66 Tr A S Subdivision

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,819

Year Built

Built in 1990

Lot Details

0

HOA Fees

$182 per month

Parking

2

Listing Details

  • Cross Street: 40th St and Cactus
  • 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: 182.0
  • Basement: N
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1990
  • Tax Year: 2018
  • Directions: South on 40th St from Cactus to Paradise Dr, east to 40th Way, north to property
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: VILLA MARTINIQUE LOT 1-66 TR A-S
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 182.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1566.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Back, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Community Spa, Community Spa Htd, Community Pool, Near Bus Stop, Biking/Walking Path
  • Association Fee: 182.0
  • Association Fee Frequency: Monthly
  • Association Name: Villa Martinique
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Villa Martinique
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Community Mgmt
  • 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: Maintenance Grounds, 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: 5217.0
  • Parcel #: 167-46-677

Building Info

  • Builder Name: Saddleback Homes

Tax Info

  • Tax Annual Amount: 1819.0
  • Tax Book Number: 167.00
  • Tax Lot: 58
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Sep 5, 2019
Sold by
Cochran Dale E and Cochran Betty C
Bought by
Karlene Jacquelyn M and Karlene Family Trust
Seller's Agent
Linda Martin
HomeSmart
Buyer's Agent
Eric Karlene
Realty ONE Group
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$604,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,121
Avg. Annual Appreciation
12.31%

Purchase Details

Closed on
May 1, 2002
Sold by
Donovan Karla S and Donovan Karla Sue
Bought by
Cochran Dale E and Cochran Betty C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 1999
Sold by
Bickoff James Mark
Bought by
Donovan Karla Sue and Donovan Karla S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,875
Interest Rate
8.09%
Mortgage Type
New Conventional
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
Karlene Jacquelyn M $300,000 Equity Title Agency Inc
Cochran Dale E $182,000 Security Title Agency
Donovan Karla Sue $152,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cochran Dale E $145,600
Previous Owner Donovan Karla Sue $144,875
Closed Cochran Dale E $27,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $300,000 0.0% $192 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $300,000 -- $192 / 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 $2,012 $29,594 -- --
2024 $1,952 $28,185 -- --
2023 $1,952 $40,680 $8,130 $32,550
2022 $1,880 $30,230 $6,040 $24,190
2021 $1,976 $27,770 $5,550 $22,220
2020 $1,945 $26,670 $5,330 $21,340
2019 $1,879 $24,920 $4,980 $19,940
2018 $1,819 $23,360 $4,670 $18,690
2017 $1,726 $22,050 $4,410 $17,640
2016 $1,679 $20,860 $4,170 $16,690
2015 $1,544 $20,610 $4,120 $16,490
Source: Public Records

Agents Affiliated with this Home

  • Linda Martin

    Seller's Agent in 2019

    Linda Martin

    HomeSmart

    (480) 225-8884

    2 in this area

    29 Total Sales

    Linda Martin
    Section Image
  • Eric Karlene

    Buyer's Agent in 2019

    Eric Karlene

    Realty One Group

    (602) 492-2897

    20 in this area

    69 Total Sales

    Eric Karlene
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5967125

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-46-677

Arizona Maricopa County Phoenix 85028 Paradise Valley Village

12022 N 40th Way, Phoenix, AZ

This home is located at 12022 N 40th Way, Phoenix, AZ 85028 since 19 August 2019 and is currently estimated at $604,121, approximately $385 per square foot. This property was built in 1990. 12022 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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