NOT LISTED FOR SALE

1550 N 40th St Unit 7 Mesa, AZ 85205

Citrus Neighborhood

Estimated Value: $2,523,854

10 Beds
10 Baths
11,006 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $750,000 $68 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $15,591/month

33 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Gated Community
  • Tennis Courts
  • Bush Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Covered patio or porch

About This Home

As of November 2013

LENDER OWNED-THIS ESTATE IS LOCATED W/IN THE GORGEOUS COMMUNITY GATES OF EL PORTILLO. WITH LOTS OF SPACE, FLEXIBLE FLOORPLAN, 10 BEDROOMS, GUEST WING AND MORE- ITS PERFECT FOR ENTERTAINING AND LARGE FAMILIES. HOME IS INCOMPLETE AND LIST PRICE REFLECTS -''AS-IS.'' THE SELLER WILL MAKE NO REPAIRS OR IMPROVEMENTS AND BUYER WILL NEED TO VERIFY ALL FACTS AND FIGURES. HOME HAS CERT OF OCC BUT IS APPROX 60% COMPLETE- SEE DOCS TAB FOR IMFORMATION REGARDING ITEMS NEEDED TO COMPLETE THE HOME.

Last Listed By

Julie Hollanti

HomeSmart License #SA623765000 Listed on: 10/01/2013

HomeSmart

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007 | Under Construction

Lot Details

  • 0.77 Acre Lot
  • Partially Fenced Property

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 6 Car Garage

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 11,006 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Two Way Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Laundry in unit
  • Unfinished Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 10 Bathrooms
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 141-31-064

Community Details

Overview

  • El Portillo HOA
  • Built by DYNASTY HOMES
  • Citrus Manor Subdivision

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2007 | Under Construction

Lot Details

0

HOA Fees

$175 per month

Parking

6

Listing Details

  • Cross Street: Brown & Val Vista
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 175.33
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Tax Year: 2013
  • Directions: FROM BROWN AND VAL VISTA GO EAST TO 40TH ST. THEN NORTH TO SUBDIVISION ON WEST SIDE- EL PORTILLO/CIRUS MANOR. ONCE THRU GATES, GO RIGHT AND FOLLOW AROUND TO HOME ON WEST SIDE OF STREET.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.77
  • Subdivision Name: Citrus Manor
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 526.0
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Spa Features: None
  • Possible Bedrooms: 12
  • Total Bedrooms: 10
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Upstairs, Walk-In Closet(s), 9+ Flat Ceilings, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 11006.0
  • Stories: 3
  • Community Features:Gated Community2: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Other Rooms:BonusGame Room: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Fireplace:Two Way Fireplace: Yes
  • Kitchen Features:None42: Yes
  • Basement Description:Unfinished2: Yes

Exterior Features

  • Fencing: Partial
  • Exterior Features: Balcony, Covered Patio(s)
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Under Construction, Fixer
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Garage Spaces: 6.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Tennis Court(s)
  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: El Portillo HOA
  • Phone: 000-0000
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: El Portillo HOA
  • Association Fees:HOA Telephone4: 000-0000
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Bush Elementary
  • High School: Mountain View - Waddell
  • Middle Or Junior School: Stapley Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33502.0
  • Parcel #: 141-31-064
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: DYNASTY HOMES

Tax Info

  • Tax Annual Amount: 20596.0
  • Tax Book Number: 141.00
  • Tax Lot: 7
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2023
Sold by
Moving Forward Ventures Llc
Bought by
Lone Cypress Living Trust and Morby
Total Days on Market
33
Current Estimated Value
$2,523,854

Purchase Details

Closed on
May 18, 2021
Sold by
Norton Ann Marie and Norton Jarod L
Bought by
Moving Forward 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
$1,288,550
Interest Rate
3.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 20, 2020
Sold by
Norton Amy Elizabeth and Norton Robert Edwin
Bought by
Norton Ann Marie and Norton Jarod L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2014
Sold by
Rock Homes Llc
Bought by
Norton Amy Elizabeth and Norton Robert Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 1, 2013
Closed on
Nov 21, 2013
Sold by
Bmo Harris Bank N A
Bought by
Rock Homes Llc
Seller's Agent
Julie Hollanti
HomeSmart
Buyer's Agent
Julian Tatka
Rockstar Realty AZ, LLC
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
Original Mortgage
$600,000
Interest Rate
4.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 7, 2010
Sold by
Thruston Morgen T
Bought by
M&I Bank Fsb

Purchase Details

Closed on
Mar 3, 2006
Sold by
Saba Stephanie
Bought by
Roma Property Investment Llc

Purchase Details

Closed on
Oct 23, 2003
Sold by
Bolden Timothy
Bought by
Bolden Timothy

Purchase Details

Closed on
Oct 21, 1997
Sold by
Thruston Howard
Bought by
Thruston Morgen T

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
Lone Cypress Living Trust -- None Listed On Document
Moving Forward Ventures Llc $2,000,000 Title Alliance Of Phoenix Ag
Norton Ann Marie $1,700,000 Premier Title Agency
Norton Amy Elizabeth -- Metropolitan Title Agency
Rock Homes Llc $750,000 Fidelity National Title Agen
M&I Bank Fsb $1,231,093 Security Title Agency
Roma Property Investment Llc -- None Available
Bolden Timothy -- Old Republic Title Agency
Thruston Morgen T -- First American Title
Thruston Morgen T $132,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moving Forward Ventures Llc $153,000
Previous Owner Moving Forward Ventures Llc $100,000
Previous Owner Moving Forward Ventures Llc $1,288,550
Previous Owner Morby Pace $1,000,000
Previous Owner Norton Ann Marie $1,300,000
Previous Owner Norton Amy Elizabeth $1,258,000
Previous Owner Norton Amy Elizabeth $1,260,000
Previous Owner Rock Homes Llc $600,000
Previous Owner Thruston Morgen T $1,995,000
Previous Owner Thruston Morgen T $1,000,000
Previous Owner Thruston Morgen $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2013 11/27/13 Sold $750,000 -6.1% $68 / Sq Ft
10/01/2013 10/01/13 For Sale $799,000 -- $73 / 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 $17,088 $178,633 -- --
2024 $17,832 $170,127 -- --
2023 $17,832 $200,600 $40,120 $160,480
2022 $17,466 $154,310 $30,860 $123,450
2021 $19,568 $163,030 $32,600 $130,430
2020 $21,146 $170,130 $34,020 $136,110
2019 $21,614 $177,280 $35,450 $141,830
2018 $23,382 $195,320 $39,060 $156,260
2017 $22,688 $193,160 $38,630 $154,530
2016 $22,265 $195,610 $39,120 $156,490
2015 $20,919 $186,380 $37,270 $149,110
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Julie Hollanti

    HomeSmart

    (602) 821-3400

    12 Total Sales

    Julie Hollanti
    Section Image

  • J

    Buyer's Agent in 2013

    Julian Tatka

    Rockstar Realty AZ, LLC

    (480) 355-4055

    118 Total Sales

    Julian Tatka
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5007201

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-31-064

Arizona Maricopa County Mesa 85205 Citrus

1550 N 40th St Unit 7, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 1550 N 40th St Unit 7, Mesa, AZ 85205 since 01 October 2013 and is currently priced at $2,523,854, approximately $229 per square foot. This property was built in 2007. 1550 N 40th St Unit 7 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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