$2,120,000
SOLD JUL 25, 2024

1550 N 40th St Unit 6 Mesa, AZ 85205

Citrus Neighborhood
6 Beds
7 Baths
6,994 Sq Ft
0.9 Acres

Recently Sold

$303 Per Sq Ft

6% Below List Price

24 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Vaulted Ceiling
  • Bush Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of July 2024

Experience the epitome of elegance as you enter this spectacular gated community in the highly sought-after Citrus Manor. Immediately, soaring ceilings and a grand staircase captivate you, serving as the focal point of the home. The kitchen features ample storage and stainless steel appliances for all your cooking desires. Escape to the primary suite and enjoy a built-in fireplace and a seating area. The five additional bedrooms offer natural light and plenty of space for comfort. You can also indulge in movie night in front of the home theater, eliminating the need to go out to the movies. Step outside to paradise where gorgeous landscaping, a stunning pool, and an outdoor entertaining space are sure to impress your guests. No detail was overlooked. Make this incredible home yours today!

Last Agent to Sell the Property

David Arustamian

Russ Lyon Sotheby's International Realty License #BR662152000 Listed on: 01/23/2024

Russ Lyon Sotheby's International Realty

Co-Listed By

Frank Aazami

Russ Lyon Sotheby's International Realty License #SA581280000

Last Buyer's Agent

Jennifer Patnode

Desert Dream Realty License #BR516334000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,041

Year Built

  • Built in 2000

Lot Details

  • 0.9 Acre Lot
  • Desert faces the front of the property
  • Private Streets
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $264 Monthly HOA Fees

Parking

  • 5 Car Direct Access Garage
  • 10 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Side or Rear Entrance to Parking
  • Tandem Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 6,994 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Security System Owned
  • Finished Basement

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 7 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit
  • Gazebo
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 141-31-063

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,041

Year Built

Built in 2000

Lot Details

0

HOA Fees

$264 per month

Parking

5

Listing Details

  • Cross Street: E Brown Rd & N Val Vista Dr
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 264.33
  • Basement: Y
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2019
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2019
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2019
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2019
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2019
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 10.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2000
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: From Brown, turn (N) onto 40th St, then turn left onto Citrus Manor/El Portillo community. Gate code is required.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.9
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: CITRUS MANOR
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 793.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Possible Use: None
  • Spa Features: Private
  • Possible Bedrooms: 10
  • Total Bedrooms: 6
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Fire Pit, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 6994.0
  • Stories: 2
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Appraiser
  • 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
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Separate Workshop: Yes
  • Other Rooms:Media Room: Yes
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Circular Drive, Covered Patio(s), Gazebo/Ramada, Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Gravel/Stone Front, Grass Front, Grass Back, Synthetic Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Built-Up, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Rear Vehicle Entry, Tandem
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Open Parking Spaces: 10.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Tandem Garage: 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), Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 793.0
  • Association Fee Frequency: Quarterly
  • Association Name: El Portillo
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: El Portillo
  • Association Fees:HOA Telephone4: 480-635-1133
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Snow Property Svcs
  • Association Fees:HOA Management Phone: 480-635-1133
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, 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: 39329.0
  • Parcel #: 141-31-063
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 12041.0
  • Tax Book Number: 141.00
  • Tax Lot: 6
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Jul 25, 2024
Sold by
Naf Cash Llc
Bought by
Possehl Jeffrey T and Possehl Melinda J
Seller's Agent
David Arustamian
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jennifer Patnode
Desert Dream Realty
List Price
$2,250,000
Sold Price
$2,120,000
Premium/Discount to List
-$130,000
-5.78%
Total Days on Market
24
Views
97
Current Estimated Value
$2,171,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,462
Avg. Annual Appreciation
2.70%

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 23, 2021
Sold by
Gooch Robert B and Gooch Sitha C
Bought by
The Mjj6711 Trust
Seller's Agent
Curtis Bluth
eXp Realty
Buyer's Agent
Robert Nathan
Engel & Voelkers Scottsdale
List Price
$2,130,550
Sold Price
$2,100,000
Premium/Discount to List
-$30,550
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.33%
Original Mortgage
$1,470,000
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2021
Sold by
Gooch Robert B and Gooch Sitha
Bought by
Gooch Robert B and Gooch Sitha C

Purchase Details

Listed on
Feb 22, 2020
Closed on
Mar 13, 2020
Sold by
Lewis Deborah A and Lewis Samuel
Bought by
Gooch Robert B and Gooch Sitha
Seller's Agent
Mark Gunning
West USA Realty
Buyer's Agent
Walter Sic
My Home Group Real Estate
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$1,000,000
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 23, 2014
Sold by
Turetzky Jill E and Mortgage Electronic Registrati
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
May 16, 2007
Sold by
Lewis Samuel D and Lewis Deborah A
Bought by
Lewis Samuel D and Lewis Deborah A

Purchase Details

Closed on
Dec 20, 2003
Sold by
Curtis E Eugene and Curtis Joyce A
Bought by
Lewis Samuel D and Lewis Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2001
Sold by
Bohn Karina F and Forbes Karina
Bought by
Bohn Bradley J and Bohn Karina F

Purchase Details

Closed on
Dec 12, 2000
Sold by
Meo Vincent C and Meo Annette D
Bought by
Curtis C Eugene and Curtis Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,950
Interest Rate
7.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 11, 1999
Sold by
Meo Vincent Charles and Meo Annette Desiree
Bought by
Meo Vincent C and Meo Annette D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
7.86%
Mortgage Type
Construction

Purchase Details

Closed on
May 25, 1999
Sold by
Mc40th Development Company Llc
Bought by
Meo Vincent Charles and Meo Annette Desiree

Purchase Details

Closed on
Apr 13, 1995
Sold by
Arizona R C I A Lands Inc
Bought by
Williams C Scott
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,151,800 First American Title Insurance
Warranty Deed $2,120,000 First American Title Insurance
Warranty Deed $2,100,000 Chicago Title Agency Inc
Interfamily Deed Transfer -- None Available
Warranty Deed $1,300,000 Security Title Agency Inc
Trustee Deed $193,665 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $1,400,000 Transnation Title Ins Co
Interfamily Deed Transfer -- --
Warranty Deed $849,900 Transnation Title Insurance
Warranty Deed -- First American Title
Cash Sale Deed $145,000 First American Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,470,000 Commercial
Previous Owner $115,000 Credit Line Revolving
Previous Owner $1,000,000 Future Advance Clause Open End Mortgage
Previous Owner $90,000 Purchase Money Mortgage
Previous Owner $19,800 Credit Line Revolving
Previous Owner $649,950 Seller Take Back
Previous Owner $688,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $2,120,000 -5.8% $303 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $2,250,000 +6.1% $322 / Sq Ft
02/21/2024 02/21/24 Off Market $2,120,000 -- --
08/27/2021 08/27/21 Sold $2,100,000 -1.4% $296 / Sq Ft
07/08/2021 07/08/21 For Sale $2,130,550 +63.9% $300 / Sq Ft
03/26/2020 03/26/20 Sold $1,300,000 -6.8% $183 / Sq Ft
02/22/2020 02/22/20 For Sale $1,395,000 -- $196 / 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 $11,939 $125,915 -- --
2024 $12,041 $119,919 -- --
2023 $12,041 $136,550 $27,310 $109,240
2022 $11,783 $108,770 $21,750 $87,020
2021 $12,495 $111,100 $22,220 $88,880
2020 $13,453 $112,560 $22,510 $90,050
2019 $13,413 $114,410 $22,880 $91,530
2018 $14,110 $128,460 $25,690 $102,770
2017 $13,675 $132,970 $26,590 $106,380
2016 $13,408 $134,270 $26,850 $107,420
2015 $12,557 $124,750 $24,950 $99,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6654361

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-31-063