$660,000
OPEN SAT 11AM - 2PM

12048 N 40th Way Phoenix, AZ 85028

Paradise Valley Village Neighborhood

Estimated payment $3,859/month

Total Views 194
3 Beds
2.5 Baths
1,846 Sq Ft
$358 Price per Sq Ft

Highlights

  • Golf Course Community
  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Sequoya Elementary School Rated A
  • Vaulted Ceiling
  • 1 Fireplace

About This Home

3-bed, 2.5-bath home in one of Phoenix's most convenient locations near the 51, Paradise Valley, PV Village, and top-rated schools. Bright and open with soaring ceilings, wood-look tile flooring, updated lighting, and fresh interior & exterior paint. The kitchen features quartz counters, refinished cabinets, and a spacious peninsula with patio access. The primary suite offers an updated bath with a walk-in shower and a generous closet. Low-maintenance living close to shopping, dining, hiking, and everything North Phoenix and Scottsdale have to offer.

Listing Agent

Rachael Bell

Good Oak Real Estate License #SA691790000 Listed on: 11/10/2025

Good Oak Real Estate

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,769

Year Built

  • Built in 1991

Lot Details

  • 4,275 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,846 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Floors Updated in 2025
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom Updated in 2025
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 167-46-672

Community Details

Overview

  • Association fees include ground maintenance
  • Gud Community Mgmt Association, Phone Number (480) 635-1133
  • Villa Martinique Lot 1 66 Tr A S Subdivision

Recreation

  • Golf Course Community
  • Fenced Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,769

Year Built

Built in 1991

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Cross Street: Cactus & 40th St
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 240.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2025
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2025
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1991
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: VILLA MARTINIQUE LOT 1-66 TR A-S
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 240.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: OpenHouse

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Master Downstairs, Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 1846.0
  • Stories: 2
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Grass Front
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf
  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association Name: Villa Martinique
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Villa Martinique
  • Association Fees:Special Assessment HOA: Yes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 480.0
  • Association Fees:Disclosure Fees HOA: 277.0
  • Association Fees:Other Fees HOA: 23.0
  • Association Fees:Other Fees Description: Demand Fee; Special assessment total $3,525
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: GUD Community Mgmt
  • Association Fees:Special Assessment Amount Owed: 69.0
  • Association Fees:Special Assessment Frequency: Monthly
  • Association Fees:Payment Start Date: 2025-12-01
  • Association Fees:Payment End Date: 2030-12-01

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 4275.0
  • Parcel #: 167-46-672

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1769.0
  • Tax Book Number: 167.00
  • Tax Lot: 53
  • Tax Map Number: 46.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $2,185 $30,723 -- --
2024 $1,708 $29,260 -- --
2023 $1,708 $41,420 $8,280 $33,140
2022 $880 $16,150 $3,230 $12,920
2021 $977 $28,630 $5,720 $22,910
2020 $1,015 $27,510 $5,500 $22,010
2019 $996 $25,860 $5,170 $20,690
2018 $889 $16,150 $3,230 $12,920
2017 $882 $16,150 $3,230 $12,920
2016 $901 $16,150 $3,230 $12,920
2015 $950 $16,150 $3,230 $12,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 For Sale $660,000 -- $358 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $75,500 None Listed On Document
Sheriffs Deed $75,500 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6945473

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-46-672

Arizona Maricopa County Phoenix 85028 Paradise Valley Village

12048 N 40th Way, Phoenix, AZ

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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Listing Agent
Rachael Bell
Section Image
Good Oak Real Estate
(623) 663-1961