NOT LISTED FOR SALE

12732 N 40th Place Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $434,000 - $557,000

4 Beds
2 Baths
2,004 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $258,000 $129 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,816/month

15 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Refrigerated and Evaporative Cooling System
  • Sunrise Middle School Rated A
  • Eat-In Kitchen
  • Security System Owned

About This Home

As of July 2020

It is not very often, that an opportunity like this, presents itself in 85032! This true 4 bedroom, 2 bath has converted room for additional living space, with plumbing, totaling 2004 square feet! Large pool sized lot, with amenities close by like hiking, Paradise Valley Mall, tons of restaurants and PV schools. Ideal location minutes from the 51. No HOA means options are limitless, so perfect for home office or generational living.

Last Agent to Sell the Property

Janice Savage

HomeSmart License #SA585970000 Listed on: 05/26/2020

HomeSmart

Last Buyer's Agent

Molly Rodham

Compass License #SA657835000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 1978

Lot Details

  • 8,207 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Open Parking Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,004 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Indian Bend Elementary School
  • Sunrise Middle School
  • Paradise Valley High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 167-28-007

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Paradise Valley Village Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,420

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: 40th Street & Cactus
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1978
  • Tax Year: 2019
  • Directions: From the 51 travel East on Cactus to 40th Street, turn left on 40th street over bridge to Louise. Turn right on Louise, then left on 40th place. 12732 is located second house on left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: PARADISE VALLEY VILLAGE
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Master Downstairs, Eat-in Kitchen, No Interior Steps, 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 2004.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Screened in Patio(s), Storage
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Both Refrig & Evap, Ceiling Fan(s), Programmable Thmstat, Window/Wall Unit
  • 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: Near Bus Stop, Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Indian Bend Elementary School
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Sunrise Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8207.0
  • Parcel #: 167-28-007

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1420.0
  • Tax Book Number: 167.00
  • Tax Lot: 2
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jun 26, 2020
Sold by
Jones Norman C P
Bought by
Ackerlund Christopher Kyle
Seller's Agent
Janice Savage
HomeSmart
Buyer's Agent
Molly Rodham
Compass
List Price
$279,000
Sold Price
$258,000
Premium/Discount to List
-$21,000
-7.53%
Current Estimated Value
$505,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,807
Avg. Annual Appreciation
13.63%
Original Mortgage
$232,200
Outstanding Balance
$206,282
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$299,525

Purchase Details

Closed on
May 8, 2000
Sold by
Pearson Brenda A
Bought by
Jones Norman C P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,348
Interest Rate
8.22%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 1998
Sold by
Pearson Craig E
Bought by
Pearson Brenda A

Purchase Details

Closed on
Feb 26, 1998
Sold by
Won Youngho and Won Sohyun
Bought by
Pearson Craig E and Pearson Brenda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
6.9%
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
Ackerlund Christopher Kyle $258,000 American Title Svc Agcy Llc
Jones Norman C P $128,200 Old Republic Title Agency
Pearson Brenda A -- --
Pearson Craig E $81,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ackerlund Christopher Kyle $232,200
Previous Owner Jones Norman C P $127,348
Previous Owner Pearson Craig E $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $258,000 -0.8% $129 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/08/2020 06/08/20 Price Changed $260,000 -6.8% $130 / Sq Ft
05/26/2020 05/26/20 For Sale $279,000 -- $139 / 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 $1,487 $17,629 -- --
2024 $1,453 $16,789 -- --
2023 $1,453 $34,530 $6,900 $27,630
2022 $1,440 $26,870 $5,370 $21,500
2021 $1,464 $24,610 $4,920 $19,690
2020 $1,413 $23,360 $4,670 $18,690
2019 $1,420 $20,100 $4,020 $16,080
2018 $1,368 $17,160 $3,430 $13,730
2017 $1,307 $16,330 $3,260 $13,070
2016 $1,286 $16,000 $3,200 $12,800
2015 $1,193 $14,560 $2,910 $11,650
Source: Public Records

Agents Affiliated with this Home

  • Janice Savage

    Seller's Agent in 2020

    Janice Savage

    HomeSmart

    (480) 242-9775

    3 in this area

    49 Total Sales

    Janice Savage
    Section Image
  • Molly Rodham

    Buyer's Agent in 2020

    Molly Rodham

    Compass

    (602) 748-7289

    12 in this area

    157 Total Sales

    Molly Rodham
    Section Image

  • M

    Buyer's Agent in 2020

    Molly Rundle

    Keller Williams Arizona Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6083241

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-28-007

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

12732 N 40th Place, Phoenix, AZ

This home is located at 12732 N 40th Place, Phoenix, AZ 85032 since 26 May 2020 and is currently estimated at $505,807, approximately $252 per square foot. This property was built in 1978. 12732 N 40th Place is a home located in Maricopa County with nearby schools including Indian Bend Elementary School, Sunrise Middle School, and Paradise Valley 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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