NOT LISTED FOR SALE

15615 N 40th Place Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $804,000 - $890,000

4 Beds
3 Baths
2,412 Sq Ft
$347/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $725,100 $301 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,686/month

31 Days on Market

Highlights

  • Equestrian Center
  • Barn
  • RV Gated
  • Whispering Wind Academy Rated A-
  • Private Pool
  • City Lights View

About This Home

As of November 2022

BUSINESS, PLEASURE or BOTH? Unique North Phoenix HORSE property on over an acre of land with 5 stalls and a beautiful ranch home with epic ''grandfathered'' fireplace, spacious living / dining area, diving pool and additional 800 SF of entertainment area / guest quarters with private entrance off the back yard pool. Spacious bedrooms with large master suite. Lush landscape HUGE LOT can SPLIT to facilitate (3) single family homes if development is your aim. Located in the heart of this vibrant North Phoenix neighborhood with up-and-coming renovation to PV MALL and plenty of shopping, restaurants, hiking trails and highway access to all parts of the Valley. No HOA! Sought after school district! Don't let this unique opportunity get away! Phoenix taxes with Scottsdale just a few blocks away.

Last Agent to Sell the Property

Christopher Boardman

Home Listing Wizard Realty License #BR582855000 Listed on: 10/11/2022

Last Buyer's Agent

Daniel Popescu

eXp Realty License #SA514554000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1967

Lot Details

  • 1.05 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,412 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Laminate Countertops

Bedrooms and Bathrooms

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

Parking

  • 4 Open Parking Spaces
  • 2 Carport Spaces
  • Circular Driveway
  • RV Gated

Pool

  • Private Pool
  • Spa
  • Diving Board

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Whispering Wind Academy Elementary And Middle School
  • Paradise Valley High School

Farming

  • Barn

Horse Facilities and Amenities

  • Equestrian Center
  • Horses Allowed On Property
  • Horse Stalls
  • Corral

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 215-26-025

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Waltann Est Plat 1 Subdivision

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,942

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Cross Street: 40th Street and Paradise Lane
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1967
  • Spa Private: Yes
  • Tax Year: 2022
  • Directions: 40th Place is one block EAST of 40th Street, from Paradise Lane go SOUTH on 40th Place, property on EAST side of road.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.05
  • Subdivision Name: WALTANN EST PLAT 1
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Possible Use: Ranch, Farm, Res/Business Use Ok
  • Spa Features: Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Other, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Laminate Counters
  • Living Area: 2412.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Other Rooms:Separate Workshop: Yes
  • Community Features:Horse Facility: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Sport Court(s), Storage
  • Lot Features: Sprinklers In Rear, Alley, Desert Front, Gravel/Stone Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • View: City Lights
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Patio
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, Circular Driveway, RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Other7: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Window/Wall Unit
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Horse Facility
  • Amenities: None
  • 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: Whispering Wind Academy
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Whispering Wind Academy

Lot Info

  • Horse Amenities: Other, Barn, Corral(s), Stall
  • Land Lease: No
  • Lot Size Sq Ft: 45778.0
  • Parcel #: 215-26-025
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2942.0
  • Tax Book Number: 215.00
  • Tax Lot: 25
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Nov 29, 2022
Sold by
Janet Lucas Revocable Trust
Bought by
Cotan Eugenia Tabita
Seller's Agent
Christopher Boardman
Home Listing Wizard Realty
Buyer's Agent
Daniel Popescu
eXp Realty
List Price
$875,000
Sold Price
$725,100
Premium/Discount to List
-$149,900
-17.13%
Views
11
Current Estimated Value
$836,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,949
Avg. Annual Appreciation
5.14%
Original Mortgage
$580,000
Outstanding Balance
$563,006
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$273,043

Purchase Details

Closed on
Apr 6, 2006
Sold by
Lucas Janet L
Bought by
Lucas Janet L and The Janet L Lucas 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
$381,900
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2002
Sold by
Lucas Janet L
Bought by
Lucas Janet L
Source: Public Records

Range of Values:

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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
Cotan Eugenia Tabita $725,100 Lawyers Title
Lucas Janet L -- First American Title
Lucas Janet L -- First American Title Insuran
Lucas Janet L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotan Eugenia Tabita $580,000
Previous Owner Lucas Janet L $381,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2022 11/29/22 Sold $725,100 -12.1% $301 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $825,000 -5.7% $342 / Sq Ft
10/11/2022 10/11/22 For Sale $875,000 -- $363 / 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 $3,039 $36,020 -- --
2024 $2,970 $34,305 -- --
2023 $2,970 $51,780 $10,350 $41,430
2022 $2,942 $39,960 $7,990 $31,970
2021 $2,991 $34,970 $6,990 $27,980
2020 $2,888 $31,610 $6,320 $25,290
2019 $2,901 $31,080 $6,210 $24,870
2018 $2,796 $28,450 $5,690 $22,760
2017 $2,670 $28,180 $5,630 $22,550
2016 $2,628 $27,680 $5,530 $22,150
2015 $2,438 $27,060 $5,410 $21,650
Source: Public Records

Agents Affiliated with this Home

  • Christopher Boardman

    Seller's Agent in 2022

    Christopher Boardman

    Home Listing Wizard Realty

    (602) 832-4413

    2 in this area

    9 Total Sales

    Christopher Boardman
    Section Image
  • Daniel Popescu

    Buyer's Agent in 2022

    Daniel Popescu

    eXp Realty

    (480) 201-5255

    3 in this area

    140 Total Sales

    Daniel Popescu
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6475944

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-26-025

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

15615 N 40th Place, Phoenix, AZ

This home is located at 15615 N 40th Place, Phoenix, AZ 85032 since 11 October 2022 and is currently estimated at $836,049, approximately $346 per square foot. This property was built in 1967. 15615 N 40th Place is a home located in Maricopa County with nearby schools including Whispering Wind Academy, 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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