NOT LISTED FOR SALE

12837 N 40th Way Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $548,439 - $579,000

3 Beds
2 Baths
1,857 Sq Ft
$306/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $430,000 $232 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,402/month

29 Days on Market

Highlights

  • Spanish Architecture
  • Double Pane Windows
  • Tile Flooring
  • Sunrise Middle School Rated A
  • Patio
  • Central Air

About This Home

As of January 2021

This Spanish-style RENOVATED home features all you need and designer touches throughout. Open concept kitchen/LR/dining with KITCHEN ISLAND, QUARTZ countertops, SLIDE IN stove, shaker style cabinetry, custom vent hood, brick backsplash, deep single bowl sink & built in for fridge. Master bathroom now includes HUGE walk in shower with RAINFALL showerhead, PRIVATE toilet room, dual sinks, large walk in closet and private exit to patio. Wood look tile flooring, dual pane windows, upgraded french doors to patios, laundry room with hookups and wash basin, generous 2 car garage and low maintenance backyard with community pool right outside your front door. Quiet, desirable enclave community near shopping, dining, freeways. There is so much to adore you'll be saying AMORE

Last Agent to Sell the Property

Thomas Mastromatto

Mountain Lake Realty License #BR104207000 Listed on: 12/03/2020

Last Buyer's Agent

Katie Baccus

Compass License #SA639631000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,742

Year Built

  • Built in 1981

Lot Details

  • 6,427 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $221 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 1,857 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Patio

Schools

  • Village Vista Elementary School
  • Sunrise Middle School
  • Paradise Valley High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include (see remarks)
  • Sweetwater Garden Association, Phone Number (602) 433-0331
  • Sweetwater Garden Homes Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 167-28-134

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,742

Year Built

Built in 1981

Lot Details

0

HOA Fees

$221 per month

Parking

2

Listing Details

  • 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: 221.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2020
  • Directions: 40th Street and Thunderbird Directions: South of T-bird east of 40th street,
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: SWEETWATER GARDEN HOMES
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 221.0
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: 3/4 Bath Master Bdrm, Full Bth Master Bdrm
  • Living Area: 1857.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • 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

  • Association Fee: 221.0
  • Association Fee Frequency: Monthly
  • Association Name: SWEETWATER GARDEN
  • Phone: 602-433-0331
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: SWEETWATER GARDEN
  • Association Fees:HOA Telephone4: 602-433-0331
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:PAD Fee2: 400.0
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Village Vista 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: 6427.0
  • Parcel #: 167-28-134

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 1742.0
  • Tax Book Number: 167.00
  • Tax Lot: 10
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 28, 2021
Sold by
Phoenix Rising Ventures Llc
Bought by
Hoffman Michael and Hoffman Carrie
Seller's Agent
Thomas Mastromatto
Mountain Lake Realty
Buyer's Agent
Katie Baccus
Compass
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Current Estimated Value
$568,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,860
Avg. Annual Appreciation
6.15%
Original Mortgage
$387,000
Outstanding Balance
$345,949
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$222,911

Purchase Details

Closed on
Jul 10, 2020
Sold by
Steinhart Lorne H
Bought by
Phoenix Rising Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.1%
Mortgage Type
Commercial
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
Hoffman Michael $430,000 Fidelity Natl Ttl Agcy Inc
Phoenix Rising Ventures Llc $290,000 American Title Svc Agcy Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Michael $387,000
Previous Owner Phoenix Rising Ventures Llc $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2021 01/28/21 Sold $430,000 0.0% $232 / Sq Ft
01/01/2021 01/01/21 Pending -- -- --
12/10/2020 12/10/20 Price Changed $430,000 -1.1% $232 / Sq Ft
12/03/2020 12/03/20 Price Changed $435,000 -3.3% $234 / Sq Ft
12/03/2020 12/03/20 For Sale $450,000 -- $242 / 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 $1,833 $21,730 -- --
2024 $1,792 $20,695 -- --
2023 $1,792 $39,870 $7,970 $31,900
2022 $1,775 $32,050 $6,410 $25,640
2021 $1,804 $28,700 $5,740 $22,960
2020 $1,742 $27,350 $5,470 $21,880
2019 $1,750 $25,450 $5,090 $20,360
2018 $1,687 $23,130 $4,620 $18,510
2017 $1,611 $22,050 $4,410 $17,640
2016 $1,585 $21,680 $4,330 $17,350
2015 $1,471 $19,720 $3,940 $15,780
Source: Public Records

Agents Affiliated with this Home

  • Thomas Mastromatto

    Seller's Agent in 2021

    Thomas Mastromatto

    Mountain Lake Realty

    (602) 888-7073

    22 in this area

    638 Total Sales

    Thomas Mastromatto
    Section Image
  • Katie Baccus

    Buyer's Agent in 2021

    Katie Baccus

    Compass

    (480) 206-4336

    21 in this area

    284 Total Sales

    Katie Baccus
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6167138

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-28-134

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

12837 N 40th Way, Phoenix, AZ

This home is located at 12837 N 40th Way, Phoenix, AZ 85032 since 03 December 2020 and is currently estimated at $568,860, approximately $306 per square foot. This property was built in 1981. 12837 N 40th Way 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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