NOT LISTED FOR SALE

16435 N 40th St Phoenix, AZ 85032

Paradise Valley Neighborhood

Estimated Value: $826,000 - $1,076,201

5 Beds
2.5 Baths
3,600 Sq Ft
$257/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $480,000 $133 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,168/month

149 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • 0.98 Acre Lot
  • Whispering Wind Academy Rated A-
  • RV Access or Parking
  • 3 Fireplaces

About This Home

As of November 2019

Wonderful home in a terrific location! This home sits on almost an acre and boasts over 3,200 square feet in the main house, spacious bedrooms, guest house (over 500 square feet), three fireplaces AND a basement! Kick back on the covered patio in the enormous backyard overlooking a sparkling pool. If you like and need space, have toys you need to store, then this home is for you! Parking is not an issue here with double carport, single carport at guest house, and 3 spots in back yard. Main house has 2.5 bathrooms, guest house has a 3/4 bathroom (no separate bathtub) and a half bathroom by the pool!

Don't miss the workshop that is around 1,000 square feet! WOW!

New water heater in 2017. New pool cleaner in 2018. New pool pump, microwave, dishwasher and disposal in 2019.

Last Agent to Sell the Property

Del Rounds

RE/MAX Fine Properties License #SA104553000 Listed on: 06/03/2019

Last Buyer's Agent

Delbert Rounds

Coldwell Banker Brothers Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,808

Year Built

  • Built in 1978

Lot Details

  • 0.98 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers

Home Design

  • Composition Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 3,600 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Parking

  • 3 Carport Spaces
  • RV Access or Parking

Schools

  • Arrowhead Elementary School - Phoenix
  • Paradise Valley High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Private Pool
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Paradise Ranchitos Plat 3 Subdivision

Listing and Financial Details

  • Tax Lot 1/-/-
  • Assessor Parcel Number 215-22-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,808

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: 40th Street & Bell
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2018
  • Directions: From Bell, south on 40th Street to home.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.98
  • Subdivision Name: Paradise Ranchitos Plat 3
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Basement YN: Yes
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3600.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Dirt Front
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Slump Block
  • Roof: Composition, Built-Up
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, RV Gate
  • Attached Garage: No
  • Carport Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Arrowhead Elementary School - Phoenix
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 42482.0
  • Parcel #: 215-22-001

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2808.0
  • Tax Book Number: 215.00
  • Tax Lot: 1/-/-
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Nov 7, 2019
Sold by
Neil Catherine E and Neil Family Trust
Bought by
Hill Scott Robin and Hill Alexis Ann
Seller's Agent
Del Rounds
RE/MAX Fine Properties
Buyer's Agent
Del Rounds
RE/MAX Fine Properties
List Price
$750,000
Sold Price
$480,000
Premium/Discount to List
-$270,000
-36%
Current Estimated Value
$901,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,764
Avg. Annual Appreciation
12.19%
Original Mortgage
$384,000
Outstanding Balance
$340,817
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$586,875

Purchase Details

Closed on
Jan 13, 1997
Sold by
Neil Alexander M and Neil Catherine E
Bought by
Neil Alexander M and Neil Catherine E

Purchase Details

Closed on
Mar 28, 1995
Sold by
Neil Alexander M and Neil Catherine E
Bought by
Neil Alexander M and Neil Catherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
8.77%
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
Hill Scott Robin $480,000 Clear Ttl Agcy Of Flagstaff
Neil Alexander M -- --
Neil Alexander M -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Scott Robin $384,000
Previous Owner Neil Alexander M $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $480,000 -12.7% $133 / Sq Ft
10/14/2019 10/14/19 Price Changed $550,000 -6.5% $153 / Sq Ft
09/19/2019 09/19/19 Price Changed $588,000 -8.1% $163 / Sq Ft
07/05/2019 07/05/19 Price Changed $640,000 -14.7% $178 / Sq Ft
06/03/2019 06/03/19 For Sale $750,000 -- $208 / 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 $3,052 $36,174 -- --
2024 $2,982 $34,451 -- --
2023 $2,982 $56,430 $11,280 $45,150
2022 $2,955 $44,350 $8,870 $35,480
2021 $3,003 $38,180 $7,630 $30,550
2020 $2,901 $36,080 $7,210 $28,870
2019 $2,914 $35,650 $7,130 $28,520
2018 $2,808 $30,730 $6,140 $24,590
2017 $2,681 $30,530 $6,100 $24,430
2016 $2,639 $27,610 $5,520 $22,090
2015 $2,448 $26,170 $5,230 $20,940
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Del Rounds

    RE/MAX

    Section Image

  • D

    Buyer's Agent in 2019

    Delbert Rounds

    Coldwell Banker Brothers Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5934588

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-22-001

Arizona Maricopa County Phoenix 85032 Paradise Valley

16435 N 40th St, Phoenix, AZ

This home is located at 16435 N 40th St, Phoenix, AZ 85032 since 03 June 2019 and is currently estimated at $924,800, approximately $256 per square foot. This property was built in 1978. 16435 N 40th St 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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