NOT LISTED FOR SALE

15615 N 40th Place Phoenix, AZ 85032

Paradise Valley Neighborhood

Estimated Value: $615,000 - $877,171

4 Beds

3 Baths

2,412 Sq Ft

$328/Sq Ft Est. Value

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

Est. 9% increase in value since last sale

Current estimated payment $4,659/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

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

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
Cooling:Central Air: 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

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

Nov 2022 - Present Cotan Eugenia Tabita 2 Years and 7 Months

Private Individual

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

Current Estimated Value

$790,793

Estimated Appreciation

$65,693

Avg. Annual Appreciation

6.23%

Original Mortgage

$580,000

Interest Rate

7.08%

Mortgage Type

New Conventional

Apr 2006 - Nov 2022 Lucas Janet L and The Janet L Lucas Revocable Trust 16 Years and 7 Months

Private Individual

Purchase Details

Closed on

Apr 6, 2006

Sold by

Lucas Janet L

Bought by

Lucas Janet L and The Janet L Lucas Revocable Trust

Original Mortgage

$381,900

Interest Rate

6.32%

Mortgage Type

FHA

Jul 2002 - Apr 2006 Lucas Janet L 3 Years and 9 Months

Private Individual

Purchase Details

Closed on

Jul 2, 2002

Sold by

Lucas Janet L

Bought by

Lucas Janet L

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

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

Status	Borrower	Loan Amount
Open	Cotan Eugenia Tabita	$119,000
Open	Cotan Eugenia Tabita	$704,000
Closed	Cotan Eugenia Tabita	$680,000
Closed	Cotan Eugenia Tabita	$100,000
Closed	Cotan Eugenia Tabita	$580,000
Previous Owner	Lucas Janet L	$381,900

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
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

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

Seller's Agent in 2022

Christopher Boardman

Home Listing Wizard Realty

(602) 832-4413

2 in this area

8 Total Sales

Christopher Boardman
Buyer's Agent in 2022

Daniel Popescu

eXp Realty

(480) 201-5255

3 in this area

138 Total Sales

Daniel Popescu

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6475944

APN: 215-26-025

Arizona Maricopa County Phoenix 85032 Paradise Valley

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.

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

Nearby Homes

15615 N 40th Place Phoenix, AZ 85032

Last Sold November 29, 2022

Highlights

About This Home

Home Details

Community Details

Home Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Purchase Details

Similar Homes in the area

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map