16436 N 40th Place Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated payment $2,484/month
Highlights
- Horses Allowed On Property
- RV Access or Parking
- No HOA
- Whispering Wind Academy Rated A-
- 0.72 Acre Lot
- Mini Split Air Conditioners
About This Home
Welcome to Paradise Ranchitos the best kept secret in North Phoenix, just minutes from the 51 and 101 freeways, close to the newly designed Paradise Valley Mall area, and just minutes from Scottsdale with amazing shopping, dining, and entertainment alike. This incredible community features sprawling lots, custom new builds, renovated ranches, and amazing opportunity. Complete with horse privileges and NO HOA. This never before listed home sits on over a 31,000 sf lot and is ready for someone to re-build, redesign, and reimagine. The possibilities are endless for this rare opportunity in such a dream location. This home is being sold ''AS IS'. It is in need of a major renovation or complete new build. This home must be sold cash or with unconventional financing options. The septic system for the main home has been inspected and is in good working order with no repairs needed. There are multiple out buildings with old septic systems that do not meet current code. Those systems will need abandoned along with demolishment of the old detached buildings at the rear of the property. Outbuilding septic systems abandonments quote attached to sellers disclosures along with all adeq septic system reports for the property. There is no working HVAC on the main home, the pool is empty in non-working order and is also in need of complete rebuild or demolishment. This home is being sold in AS IS condition. Traditional financing is not likely due to the property condition. The personal representative has never occupied the premises and is acting on behalf of the estate.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,473
Year Built
- Built in 1971
Lot Details
- 0.72 Acre Lot
- East or West Exposure
- Wrought Iron Fence
- Partially Fenced Property
- Block Wall Fence
- Chain Link Fence
Home Design
- Fixer Upper
- Wood Frame Construction
- Composition Roof
- Block Exterior
Interior Spaces
- 1,844 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Built-In Electric Oven
Flooring
- Carpet
- Linoleum
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- 2 Carport Spaces
- RV Access or Parking
Schools
- Whispering Wind Academy Elementary School
- Sunrise Middle School
- Paradise Valley High School
Utilities
- Mini Split Air Conditioners
- Heating Available
- Septic Tank
Additional Features
- Patio
- 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 18
- Assessor Parcel Number 215-22-018
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,473 | $17,010 | -- | -- |
| 2024 | $1,473 | -- | -- | -- |
| 2023 | $1,473 | $16,200 | $3,240 | $12,960 |
| 2022 | $1,532 | $16,200 | $3,240 | $12,960 |
| 2021 | $1,635 | $32,670 | $6,530 | $26,140 |
| 2020 | $1,658 | $29,770 | $5,950 | $23,820 |
| 2019 | $1,665 | $29,330 | $5,860 | $23,470 |
| 2018 | $1,415 | $16,200 | $3,240 | $12,960 |
| 2017 | $1,412 | $16,200 | $3,240 | $12,960 |
| 2016 | $1,400 | $16,200 | $3,240 | $12,960 |
| 2015 | $1,283 | $16,200 | $3,240 | $12,960 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | Pending | -- | -- | -- |
| 12/02/2025 12/02/25 | For Sale | $450,000 | -- | $244 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | North American Title Agency | |
| Interfamily Deed Transfer | -- | North American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $202,500 | Purchase Money Mortgage | |
| Closed | $180,000 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6953187
APN: 215-22-018
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
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