NOT LISTED FOR SALE

1550 N 40th St Unit 2 Mesa, AZ 85205

Citrus Neighborhood

Estimated Value: $1,626,000 - $1,904,000

7 Beds
4.5 Baths
6,318 Sq Ft
$281/Sq Ft Est. Value

Last Sold October 10, 2018

Last sale price $965,000 $153 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $10,454/month

213 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • Wood Flooring
  • Bush Elementary School Rated A-
  • Gated Community
  • Santa Barbara Architecture

About This Home

As of October 2018

This exquisite custom home with a modern, neo-classic design has been recently updated with a high sense of quality and taste! It offers over 6000 sq. ft. with custom upgrades including, 24 in. travertine floor with wide baseboards and crown moulding throughout. The grand entry with it's stunning custom glass double-doors & grand columns lead to an oversized family room & wet bar. This 6 bedroom, 4.5 bath beauty also includes plantation shutters through-out and features a gourmet kitchen with stainless steel appliances, sub zero refrid/freezer & granite countertops with a walk-in pantry. Split floor plan with spacious master bedroom with a beautiful master-bath. Luxuries spa with jets, glass block walk-in shower. Backyard is an Entertainers Dream, Large Pool, Custom Wet bar, Heated Spa

Last Agent to Sell the Property

Kelly Farnsworth

AZ Key LLC License #BR517248000 Listed on: 09/12/2017

Co-Listed By

Courtney Doumit

AZ Key LLC License #SA629159000

Last Buyer's Agent

Abdulhadi AlSayyed

Karmi Realty License #BR637336000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,411

Year Built

  • Built in 1999

Lot Details

  • 0.68 Acre Lot
  • Block Wall Fence
  • Misting System
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage ceiling height seven feet or more
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Gated

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,318 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Security System Owned

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Accessible Hallway
  • Stepless Entry

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch
  • Gazebo
  • Outdoor Storage
  • Built-In Barbecue

Schools

  • Bush Elementary School
  • Stapley Junior High School
  • Mountain View High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 141-31-059

Community Details

Overview

  • Association fees include street maintenance
  • Snow Property Svcs Association, Phone Number (480) 635-1133
  • Built by CUSTOM
  • Citrus Manor Subdivision

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,411

Year Built

Built in 1999

Lot Details

0

HOA Fees

$265 per month

Parking

3

Listing Details

  • Cross Street: VAL VISTA & BROWN
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 264.5
  • Basement: N
  • Items Updated Floor Yr Updated: 2010
  • Items Updated Pool Yr Updated: 2007
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1999
  • Spa Private: Yes
  • Tax Year: 2016
  • Directions: EAST ON BROWN TO 40th STREET, NORTH OF 40th STREET TO EL PORTILLO **CITRUS MANOR**GATED COMMUNITY, GO THRU GATE AND TURN RIGHT TO HOME **NUMBER #2**
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.68
  • Co List Office Mls Id: azke001
  • Co List Office Phone: 602-769-7509
  • Subdivision Name: CITRUS MANOR
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 793.5
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Accessibility Features: Zero-Grade Entry, Accessible Hallway(s)
  • Possible Bedrooms: 9
  • Total Bedrooms: 7
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: 9+ Flat Ceilings, Central Vacuum, Soft Water Loop, Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 6318.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Other, Covered Patio(s), Gazebo/Ramada, Misting System, Patio, Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Misting System: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, RV Gate, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Tennis Court(s)
  • Amenities: Management
  • Association Fee: 793.5
  • Association Fee Frequency: Quarterly
  • Association Name: SNOW PROPERTY SVCS
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: SNOW PROPERTY SVCS
  • Association Fees:HOA Telephone4: 480-635-1133
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Street Maint

Schools

  • Elementary School: Bush Elementary
  • High School: Mountain View High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Stapley Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29615.0
  • Parcel #: 141-31-059
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 9411.0
  • Tax Book Number: 141.00
  • Tax Lot: 2
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Ahmad Khalil and Ahmad Eazaz
Bought by
Ahmad Khalil
Current Estimated Value
$1,775,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2017
Closed on
Oct 1, 2018
Sold by
Smith Jean Ann and The Jean Ann Smith Revocable T
Bought by
Ahmad Khalil and Ahmad Eazaz
Seller's Agent
Kelly Farnsworth
AZ Key LLC
Buyer's Agent
Abdulhadi AlSayyed
Karmi Realty
List Price
$1,300,000
Sold Price
$965,000
Premium/Discount to List
-$335,000
-25.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$453,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2014
Sold by
Field Robert N and Nunnelley Laura Field
Bought by
Field Robert N and Field Susan D

Purchase Details

Closed on
Aug 29, 2007
Sold by
Smith Jean Ann
Bought by
Smith Jean Ann and Jean Ann Smith Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 16, 1998
Sold by
Coates Gaylon L and Coates Jean
Bought by
Smith Jean Ann

Purchase Details

Closed on
Jun 18, 1998
Sold by
Mc40th Development Company Llc
Bought by
Coates Gaylon L and Coates Jean
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ahmad Khalil -- First American Title Ins Co
Ahmad Khalil $965,000 American Title Service Agenc
Field Robert N -- None Available
Smith Jean Ann -- None Available
Smith Jean Ann $135,000 First American Title
Coates Gaylon L $130,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khalil Ahmad $370,240
Closed Ahmad Khalil $457,000
Closed Ahmad Khalil $245,500
Closed Ahmad Khalil $461,450
Closed Ahmad Khalil $453,100
Previous Owner Smith Jean Ann $6,223,000
Previous Owner Smith Jean Ann $623,000
Previous Owner Smith Jeanie $875,000
Previous Owner Smith Jeanie Ann $500,000
Previous Owner Smith Jean Ann $444,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2018 10/10/18 Sold $965,000 -3.5% $153 / Sq Ft
10/06/2018 10/06/18 Price Changed $1,000,000 0.0% $158 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
04/10/2018 04/10/18 Pending -- -- --
03/13/2018 03/13/18 Price Changed $1,000,000 +5.3% $158 / Sq Ft
02/02/2018 02/02/18 Price Changed $950,000 -26.9% $150 / Sq Ft
12/12/2017 12/12/17 For Sale $1,300,000 +34.7% $206 / Sq Ft
12/12/2017 12/12/17 Off Market $965,000 -- --
09/12/2017 09/12/17 For Sale $1,300,000 -- $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 $9,775 $104,311 -- --
2024 $9,859 $99,343 -- --
2023 $9,859 $108,880 $21,770 $87,110
2022 $9,645 $93,400 $18,680 $74,720
2021 $9,746 $93,800 $18,760 $75,040
2020 $10,970 $92,750 $18,550 $74,200
2019 $10,359 $91,920 $18,380 $73,540
2018 $9,913 $101,550 $20,310 $81,240
2017 $9,602 $108,910 $21,780 $87,130
2016 $9,411 $107,250 $21,450 $85,800
2015 $8,802 $98,730 $19,740 $78,990
Source: Public Records

Agents Affiliated with this Home

  • Kelly Farnsworth

    Seller's Agent in 2018

    Kelly Farnsworth

    AZ Key LLC

    (602) 769-7509

    61 Total Sales

    Kelly Farnsworth
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Courtney Doumit

    AZ Key LLC

    (214) 924-6688

    3 Total Sales

    Courtney Doumit
    Section Image
  • Abdulhadi AlSayyed

    Buyer's Agent in 2018

    Abdulhadi AlSayyed

    Karmi Realty

    (602) 332-6073

    13 Total Sales

    Abdulhadi AlSayyed
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5659016

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-31-059

Arizona Maricopa County Mesa 85205 Citrus

1550 N 40th St Unit 2, Mesa, AZ

This home is located at 1550 N 40th St Unit 2, Mesa, AZ 85205 since 12 September 2017 and is currently estimated at $1,775,141, approximately $280 per square foot. This property was built in 1999. 1550 N 40th St Unit 2 is a home located in Maricopa County with nearby schools including Bush Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary 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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