NOT LISTED FOR SALE

12052 N 40th Way Phoenix, AZ 85028

Paradise Valley Village Neighborhood

Estimated Value: $519,382 - $591,000

2 Beds
2 Baths
1,236 Sq Ft
$450/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $515,000 $417 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,281/month

19 Days on Market

Highlights

  • Vaulted Ceiling
  • Spanish Architecture
  • Community Pool
  • Sequoya Elementary School Rated A
  • Private Yard
  • Covered Patio or Porch

About This Home

As of August 2022

Beautifully 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

Nicole Klassen

My Home Group Real Estate License #SA655792000 Listed on: 06/14/2022

My Home Group Real Estate

Last Buyer's Agent

Scott Feller

My Home Group Real Estate License #SA674953000

My Home Group Real Estate

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

  • 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 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,554

Year Built

Built in 1994

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Cross Street: 40th St & Cactus Rd
  • 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: 200.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2018
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2018
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2021
  • Directions: South on 40th St from Cactus Rd, Left on Paradise Dr, Left on 40th Way, Property located in Cul-de-sac at end of 40th Way.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: VILLA MARTINIQUE LOT 1-66 TR A-S
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 200.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Pantry
  • Living Area: 1236.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • 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
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac, Gravel/Stone Back, Grass Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • 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
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): 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), Programmable Thmstat
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop, Biking/Walking Path
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Name: Villa Martinique
  • Phone: 480-339-8801
  • 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: Villa Martinique
  • Association Fees:HOA Telephone4: 480-339-8801
  • 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 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: 6310.0
  • Parcel #: 167-46-671

Building Info

  • Builder Name: Saddleback Homes

Tax Info

  • Tax Annual Amount: 1554.0
  • Tax Book Number: 167.00
  • Tax Lot: 52
  • Tax Map Number: 46.00

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%
Current Estimated Value
$556,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,096
Avg. Annual Appreciation
2.46%
Original Mortgage
$325,000
Outstanding Balance
$311,841
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$244,255

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
9.34%
Original Mortgage
$245,471
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
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

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 $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

    40 Total Sales

    Nicole Klassen
    Section Image
  • Scott Feller

    Buyer's Agent in 2022

    Scott Feller

    My Home Group Real Estate

    (480) 518-5487

    2 in this area

    6 Total Sales

    Scott Feller
    Section Image
  • Jennifer Wehner

    Buyer Co-Listing Agent in 2022

    Jennifer Wehner

    eXp Realty

    (602) 694-0011

    47 in this area

    726 Total Sales

    Jennifer Wehner
    Section Image
  • Barbara Davis

    Seller's Agent in 2016

    Barbara Davis

    Russ Lyon Sotheby's International Realty

    (602) 418-2019

    11 Total Sales

    Barbara Davis
    Section Image
  • Caren Cowie-Redivo

    Seller Co-Listing Agent in 2016

    Caren Cowie-Redivo

    HomeSmart

    (602) 228-9030

    1 in this area

    6 Total Sales

    Caren Cowie-Redivo
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6416947

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-46-671

Arizona Maricopa County Phoenix 85028 Paradise Valley Village

12052 N 40th Way, Phoenix, AZ

This home is located at 12052 N 40th Way, Phoenix, AZ 85028 since 14 June 2022 and is currently estimated at $556,096, approximately $449 per square foot. This property was built in 1994. 12052 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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