$545,231 - $616,000
RENTED APR 26, 2025

17220 N 40th Place Phoenix, AZ 85032

Paradise Valley Neighborhood
4 Beds
3 Baths
1,848 Sq Ft
$313 Price per Sq Ft

Last Sold March 21, 2018

Last sale price $318,000 $172 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,378/month

About This Home

As of March 2018

Welcome to this beautifully upgraded 4 bedroom, 2.5-bathroom home located just off the 51 freeway. It offers unbeatable access to everything Phoenix has to offer! Situated in the highly desirable Paradise Valley School District, this home is less than 20 minutes to the airport, close to the Phoenix Open, and just minutes from top-rated schools, shopping centers, grocery stores, state-of-the-art gyms, and a variety of delicious restaurants. Inside, you'll love the soaring ceilings and open, spacious layout. The kitchen features stainless steel appliances, a breakfast bar, and plenty of counter space, perfect for everyday living or entertaining. The large family room offers a warm, inviting space for relaxing or gathering with loved ones. The backyard is low-maintenance and ideal for enjoying the Arizona sunshine. You'll also find a 2-car garage with built-in cabinets and extra storage. The A/C unit was just serviced for the year and carpets cleaned giving you comfort and peace of mind. Pet-friendly! Both dogs and cats are welcome here, so bring your furry companions! This stunning home is available now don't miss your chance to rent in an ideal location with modern comforts and style.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
Mar 14, 2018
Sold by
Simon Venture Llc
Bought by
Bahrami Mobin
Seller's Agent
Mehrzad Paimany
DPR Realty LLC
Buyer's Agent
Kurtis Joiner
My Home Group Real Estate
Sold Price
$1,900
Current Estimated Value
$579,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,408
Avg. Annual Appreciation
8.62%
Original Mortgage
$286,200
Outstanding Balance
$247,004
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$332,304

Purchase Details

Closed on
Aug 28, 2008
Sold by
Caranda Llc
Bought by
Simon Venture Llc

Purchase Details

Closed on
Aug 13, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Caranda Llc

Purchase Details

Closed on
Jan 10, 2008
Sold by
Rau Curtis and Perla Lara
Bought by
Deutsche Bank National Trust Co and Soundview Home Loan Trust 2005-3

Purchase Details

Closed on
Apr 13, 2005
Sold by
Root Ralph and Root Michele
Bought by
Rau Curtis and Peria Lara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1998
Sold by
Otto Donald R and Otto Myrtle R
Bought by
Root Ralph and Root Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1998
Sold by
Sberna Terry Lynn and Diliddo Angela L
Bought by
Otto Donald R and Otto Myrtle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
9.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1995
Sold by
Beazer Homes Sales Arizona Inc
Bought by
Sberna Terry Lynn and Diliddo Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,550
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bahrami Mobin $318,000 Security Title Agency Inc
Simon Venture Llc -- None Available
Caranda Llc $200,000 First American Title Ins Co
Deutsche Bank National Trust Co $256,500 None Available
Rau Curtis $300,000 --
Root Ralph $128,000 Chicago Title Insurance Co
Otto Donald R $127,500 Lawyers Title Of Arizona Inc
Sberna Terry Lynn $113,248 Lawyers Title
Beazer Homes Sales Arizona Inc -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahrami Mobin $286,200
Previous Owner Rau Curtis $240,000
Previous Owner Root Ralph $121,600
Previous Owner Otto Donald R $102,000
Previous Owner Sberna Terry Lynn $90,550
Closed Rau Curtis $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2025 04/26/25 Rented $2,650 0.0% --
04/07/2025 04/07/25 Price Changed $2,650 -1.9% $1 / Sq Ft
03/29/2025 03/29/25 For Rent $2,700 0.0% --
01/15/2023 01/15/23 Rented $2,700 0.0% --
12/21/2022 12/21/22 Price Changed $2,700 -3.6% $1 / Sq Ft
11/18/2022 11/18/22 For Rent $2,800 +12.0% --
11/27/2020 11/27/20 Rented $2,500 +4.2% --
11/23/2020 11/23/20 Under Contract -- -- --
11/17/2020 11/17/20 For Rent $2,400 +14.3% --
04/01/2020 04/01/20 Rented $2,100 0.0% --
03/24/2020 03/24/20 Under Contract -- -- --
03/03/2020 03/03/20 Price Changed $2,100 -4.5% $1 / Sq Ft
02/12/2020 02/12/20 Price Changed $2,200 +4.8% $1 / Sq Ft
02/09/2020 02/09/20 For Rent $2,100 +10.5% --
04/01/2018 04/01/18 Rented $1,900 0.0% --
03/31/2018 03/31/18 Under Contract -- -- --
03/22/2018 03/22/18 For Rent $1,900 0.0% --
03/21/2018 03/21/18 Sold $318,000 -3.6% $172 / Sq Ft
02/09/2018 02/09/18 For Sale $330,000 0.0% $179 / Sq Ft
10/24/2014 10/24/14 Rented $1,450 -3.3% --
10/04/2014 10/04/14 Under Contract -- -- --
08/12/2014 08/12/14 For Rent $1,500 -- --

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 $1,814 $21,892 -- --
2024 $1,805 $20,850 -- --
2023 $1,805 $35,010 $7,000 $28,010
2022 $1,788 $26,630 $5,320 $21,310
2021 $1,818 $24,560 $4,910 $19,650
2020 $1,755 $23,360 $4,670 $18,690
2019 $1,763 $22,260 $4,450 $17,810
2018 $1,699 $20,650 $4,130 $16,520
2017 $1,906 $19,020 $3,800 $15,220
2016 $1,874 $16,760 $3,350 $13,410
2015 $1,735 $15,860 $3,170 $12,690
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Allison Joy

    Allison Joy Real Estate, LLC

    (602) 230-7600

    6 in this area

    22 Total Sales

    Allison Joy
    Section Image

  • S

    Seller's Agent in 2023

    Saular Rahimian

    Kenneth James Realty

    (480) 455-9003

    7 Total Sales

    Saular Rahimian
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Joshua Zuniga

    Kenneth James Realty

  • J

    Seller's Agent in 2020

    Jila Abokikhairi

    HomeSmart

    (480) 703-9908

    7 Total Sales

    Jila Abokikhairi
    Section Image

  • J

    Buyer's Agent in 2020

    Jila Aboki

    HomeSmart

  • Mehrzad Paimany

    Seller's Agent in 2018

    Mehrzad Paimany

    DPR Realty

    (480) 452-9949

    17 in this area

    68 Total Sales

    Mehrzad Paimany
    Section Image
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Map

Arizona Maricopa County Phoenix 85032 Paradise Valley

17220 N 40th Place, Phoenix, AZ

This home is located at 17220 N 40th Place, Phoenix, AZ 85032 and is currently estimated at $579,308, approximately $313 per square foot. 17220 N 40th Place 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.

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