12052 N 40th Way Phoenix, AZ 85028
Paradise Valley NeighborhoodEstimated Value: $373,000 - $573,000
2
Beds
2
Baths
1,236
Sq Ft
$408/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Spanish Architecture
- Community Pool
- Sequoya Elementary School Rated A
- Private Yard
- Covered patio or porch
About This Home
As of August 2022Beautifully updated single level home located in the highly desirable subdivision of Villa Martinique. Nestled on one of the largest cul-de-sac lots in the community, this pristine home offers spacious living spaces and luxurious features throughout. Gourmet kitchen features high-end soft close custom cabinets with pull-out drawers, beautiful quartz countertops, designer tiled backsplash, premium stainless steel appliances, double pantries, breakfast bar and remote under cabinet lighting. Spacious great room offers an abundance of natural light, vaulted ceilings and garden French doors leading to the charming private backyard. Oversized backyard includes an extended paver patio, mature citrus trees and Wifi programmable drip system. Master suite includes large walk-in closet with custom built-ins, gorgeous quartz countertops, dual sinks, soft close cabinets with undermount lighting and a separate toilet/shower room. Split secondary bedroom overlooks large grassy area and oversized trees maintained by the HOA. Guest bathroom includes new vanity with glass countertop and vessel sink. Additional upgrades include wood plank tile throughout home, plantation shutters, new baseboards, custom lighting, ceiling fans, Honeywell Wifi programmable thermostat and Simplisafe Alarm system. Conveniently located close Stonecreek Golf Course, shopping, dining, schools, freeways and much more. This lovely home is a must see!
Last Agent to Sell the Property
My Home Group Real Estate License #SA655792000 Listed on: 06/14/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,554
Year Built
- Built in 1994
Lot Details
- 6,310 Sq Ft Lot
- Cul-De-Sac
- Desert faces the front and back of the property
- Block Wall Fence
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
HOA Fees
- $200 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Spanish Architecture
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 1,236 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Double Pane Windows
- Solar Screens
- Tile Flooring
- Security System Owned
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Schools
- Sequoya Elementary School
- Cocopah Middle School
- Chaparral High School
Utilities
- Refrigerated Cooling System
- 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 52
- Assessor Parcel Number 167-46-671
Community Details
Overview
- Association fees include ground maintenance, street maintenance, front yard maint
- Brown Community Mgmt Association, Phone Number (480) 339-8801
- Built by Saddleback Homes
- Villa Martinique Lot 1 66 Tr A S Subdivision
Recreation
- Community Pool
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2022
Closed on
Jul 8, 2022
Sold by
Robert And Sharon Park Living Trust
Bought by
Olk Family Revocable Living Trust
Seller's Agent
Nicole Klassen
My Home Group Real Estate
Buyer's Agent
Scott Feller
My Home Group Real Estate
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Total Days on Market
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,743
Avg. Annual Appreciation
-0.73%
Original Mortgage
$325,000
Outstanding Balance
$313,027
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$191,230
Purchase Details
Closed on
Nov 3, 2021
Sold by
Park Sharon and Park Robert
Bought by
Park Robert A and Park Sharon M
Purchase Details
Listed on
Sep 7, 2016
Closed on
Oct 4, 2016
Sold by
Pastore Rita
Bought by
Park Sharon and Park Robert
Seller's Agent
Barbara Davis
Russ Lyon Sotheby's International Realty
Buyer's Agent
Nicole Klassen
My Home Group Real Estate
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$245,471
Interest Rate
3.5%
Mortgage Type
FHA
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olk Family Revocable Living Trust | $515,000 | Lawyers Title | |
| Park Robert A | -- | None Available | |
| Park Sharon | $250,000 | Old Republic Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Olk Family Revocable Living Trust | $325,000 | |
| Previous Owner | Park Sharon | $245,471 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2022 08/03/22 | Sold | $515,000 | -1.9% | $417 / Sq Ft |
| 07/03/2022 07/03/22 | Pending | -- | -- | -- |
| 06/14/2022 06/14/22 | For Sale | $525,000 | +110.0% | $425 / Sq Ft |
| 10/18/2016 10/18/16 | Sold | $250,000 | -2.0% | $202 / Sq Ft |
| 09/07/2016 09/07/16 | For Sale | $255,000 | -- | $206 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,582 | $23,273 | -- | -- |
| 2024 | $1,535 | $22,164 | -- | -- |
| 2023 | $1,535 | $33,580 | $6,710 | $26,870 |
| 2022 | $1,479 | $25,100 | $5,020 | $20,080 |
| 2021 | $1,554 | $22,800 | $4,560 | $18,240 |
| 2020 | $1,529 | $21,770 | $4,350 | $17,420 |
| 2019 | $1,478 | $20,160 | $4,030 | $16,130 |
| 2018 | $1,431 | $18,710 | $3,740 | $14,970 |
| 2017 | $1,357 | $17,850 | $3,570 | $14,280 |
| 2016 | $867 | $11,900 | $2,380 | $9,520 |
| 2015 | $824 | $11,900 | $2,380 | $9,520 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Klassen
Seller's Agent in 2022
Nicole Klassen
My Home Group
(602) 399-3499
3 in this area
41 Total Sales
-
Scott Feller
Buyer's Agent in 2022
Scott Feller
My Home Group Real Estate
(480) 518-5487
2 in this area
6 Total Sales
-
Jennifer Wehner
Buyer Co-Listing Agent in 2022
Jennifer Wehner
eXp Realty
(602) 694-0011
51 in this area
768 Total Sales
-
Barbara Davis
Seller's Agent in 2016
Barbara Davis
Russ Lyon Sotheby's International Realty
(602) 418-2019
11 Total Sales
-
Caren Cowie-Redivo
Seller Co-Listing Agent in 2016
Caren Cowie-Redivo
HomeSmart
(602) 228-9030
2 in this area
7 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6416947
APN: 167-46-671
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.
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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