16641 N 40th St Phoenix, AZ 85032
Paradise Valley NeighborhoodEstimated 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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
Map
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