NOT LISTED FOR SALE

Estimated Value: $4,075,949

-- Bed
-- Bath
14,228 Sq Ft
$286/Sq Ft Est. Value

About This Home

This home is located at 16641 N 40th St, Phoenix, AZ 85032 and is currently estimated at $4,075,949, approximately $286 per square foot. 16641 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Cd Healthcare Infrastructure Az Mob I Ll
Bought by
Phx North 40 Mob Llc
Current Estimated Value
$4,075,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Outstanding Balance
$2,550,000
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$980,655

Purchase Details

Closed on
Jun 15, 2021
Sold by
Vrl Pv Holdings Llc
Bought by
Cd Healthcare Infrastructure Az Mob I Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2010
Sold by
M D Proeprty Developers Llc
Bought by
Vrl Pv Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,288,000
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 1998
Sold by
Caring For Women Pc
Bought by
M D Property Developers Llc

Purchase Details

Closed on
Oct 30, 1995
Sold by
Desert Valley Medical Plaza Partnership
Bought by
Caring For Women Pc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,200
Interest Rate
7.58%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Phx North 40 Mob Llc $4,000,000 None Listed On Document
Phx North 40 Mob Llc $4,000,000 None Listed On Document
Cd Healthcare Infrastructure Az Mob I Ll $3,000,000 Thomas Title & Escrow
Vrl Pv Holdings Llc $1,800,000 Magnus Title Agency
M D Property Developers Llc $440,000 --
Caring For Women Pc $346,500 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phx North 40 Mob Llc $2,550,000
Closed Phx North 40 Mob Llc $2,550,000
Previous Owner Cd Healthcare Infrastructure Az Mob I Ll $2,200,000
Previous Owner Vrl Pv Holdings Llc $1,000,000
Previous Owner Vrl Pv Holdings Llc $1,288,000
Previous Owner M D Property Developers Llc $2,051,567
Previous Owner M D Property Developers Llc $2,250,000
Previous Owner Caring For Women Pc $277,200
Source: Public Records

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 $39,702 $386,764 -- --
2024 $40,048 $379,857 -- --
2023 $40,048 $469,455 $155,601 $313,854
2022 $40,812 $441,683 $151,008 $290,675
2021 $42,102 $452,808 $155,322 $297,486
2020 $40,800 $416,808 $150,840 $265,968
2019 $40,853 $372,816 $143,658 $229,158
2018 $39,513 $361,782 $138,294 $223,488
2017 $37,876 $294,499 $120,102 $174,397
2016 $39,106 $294,499 $120,102 $174,397
2015 $38,283 $301,920 $119,658 $182,262
Source: Public Records

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