RENTED MAY 15, 2026

17220 N 40th Place Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $536,000 - $633,000

4 Beds
2.5 Baths
1,848 Sq Ft
$314/Sq Ft Est. Value

Sale Details

Date Sold: March 21, 2018

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

Est. 82% increase in value since last sale

Current estimated payment $3,323 / mo

Highlights

  • Granite Countertops
  • Tile Flooring
  • Heating System Uses Natural Gas
  • Whispering Wind Academy Rated A-
  • Central Air

About This Home

As of May 2026

Available for move-in March 1, 2026. This beautifully updated 4-bedroom, 2.5-bath home in North Phoenix blends a clean, modern feel with everyday comfort. With easy access to the 51 freeway, you're minutes from Scottsdale, Desert Ridge, great dining, shopping, and everything the area has to offer, all within the Paradise Valley School District. Inside, the home feels bright and refreshed, with abundant natural light and a layout that offers both openness and defined living spaces. The fresh paint and thoughtful updates give it a crisp, modern look throughout. The home features brand-new appliances throughout, generous counter space, and a breakfast bar that makes daily living and entertaining easy. The spacious family room flows naturally to the backyard, where you'll find real grass, and a simple, low-maintenance setup that's easy to care for and enjoy. This home has been consistently maintained and is ready for its next chapter. Currently tenant-occupied; tenants will be moving out at the end of the month. Please do not disturb tenants.

Last Agent to Rent the Property

Allison Joy

Allison Joy Real Estate, LLC License #BR689653000 Listed on: 02/25/2026

Allison Joy Real Estate, LLC

Last Renter's Agent

Allison Joy

Allison Joy Real Estate, LLC License #BR689653000 Listed on: 02/25/2026

Allison Joy Real Estate, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 4,400

Parking

  • 2 Car Garage

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Whispering Wind Academy Elementary School
  • Sunrise Middle School
  • Paradise Valley High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Smoke Free Home
  • 4,400 Sq Ft Lot

Community Details

  • Property has a Home Owners Association
  • Lane At Bel Esprit Association
  • Lane At Bel Esprit Subdivision

Listing and Financial Details

  • Property Available on 3/18/26
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 215-17-740

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

4,400 Sq Ft Lot

Parking

2

Rental Info

  • Available Date: 2026-03-18

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1995
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: LANE AT BEL ESPRIT
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Disposal, Dishwasher, Refrigerator, Microwave, Electric Range, Electric Oven, Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Granite Counters, Non-laminate Counter
  • Living Area: 1848.0
  • Stories: 2

Exterior Features

  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: Two Levels

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Lane at Bel Esprit
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Whispering Wind Academy
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Sunrise Middle School

Lot Info

  • Lot Size Sq Ft: 4400.0
  • Parcel #: 215-17-740

Building Info

  • Builder Name: Unkown

Tax Info

  • Tax Book Number: 215.0
  • Tax Map Number: 17.0

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
$580,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,332
Avg. Annual Appreciation
7.65%
Original Mortgage
$286,200
Outstanding Balance
$241,576
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$338,656

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 List to Sale Price per Sq Ft Prior Sale
05/15/2026 05/15/26 Rented $2,650 0.0% --
04/29/2026 04/29/26 Under Contract -- -- --
04/15/2026 04/15/26 Price Changed $2,650 -1.9% $1 / Sq Ft
03/25/2026 03/25/26 Price Changed $2,700 -1.8% $1 / Sq Ft
03/14/2026 03/14/26 Price Changed $2,750 -4.3% $1 / Sq Ft
03/09/2026 03/09/26 Price Changed $2,875 -2.5% $2 / Sq Ft
02/25/2026 02/25/26 For Rent $2,950 +11.3% --
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 View Prior Sale
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 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,197 $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

    Landlord's Agent in 2026

    Allison Joy

    Allison Joy Real Estate, LLC

    (602) 230-7600

    5 in this area

    18 Total Sales

    Allison Joy
    Section Image

  • S

    Seller's Agent in 2023

    Saular Rahimian

    HomeSmart

    (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

    3 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

    15 in this area

    57 Total Sales

    Mehrzad Paimany
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6986838

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-17-740

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

17220 N 40th Place, Phoenix, AZ

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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