NOT LISTED FOR SALE

18037 N 40th St Unit 1 Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $197,000 - $826,000

2 Beds
2.5 Baths
1,245 Sq Ft
9,148 Sq Ft Lot

Highlights

  • Two Primary Bathrooms
  • Santa Fe Architecture
  • Covered Patio or Porch
  • Whispering Wind Academy Rated A-
  • No HOA
  • 5-minute walk to Paradise Valley Park

About This Home

As of February 2023

Don't Miss This! Upgraded, Newly Renovated. Fresh Paint & New Flooring. Large townhouse with two bedrooms with en suites plus a half bath downstairs. Private laundry room, covered patio and exterior storage room. Large paved parking lot with plenty of space for tenants and guests. $45 credit check fee per adult 18+. Proof of income, credit, criminal and background check conducted. City privilege tax of 2.3% added to lease amount. $275 nonrefundable admin fee if tenant's application is accepted and enters lease agreement. Hurry Won't Last Long!

Last Agent to Rent the Property

Robert Schissel

Top Producers Realty License #SA642891000 Listed on: 12/05/2022

Last Renter's Agent

Robert Schissel

Top Producers Realty License #SA642891000 Listed on: 12/05/2022

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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • 1 Common Wall
  • Block Wall Fence

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,245 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms
  • 2.5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Common or Shared Parking

Schools

  • Foothills Elementary School - Phoenix
  • Explorer Middle School
  • Paradise Valley High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Covered Patio or Porch
  • Property is near bus stop

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 12/22/22
  • $275 Move-In Fee
  • Rent includes gas, water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 215-16-084

Condo Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

9,148 Sq Ft Lot

Rental Info

  • Rent Includes: Gas, Water, Sewer, Garbage Collection
  • Available Date: 2022-12-22

Listing Details

  • Cross Street: 40th St & Union Hills
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Initial Move In Costs Admin Fee: 275.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: None
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: Yes
  • Dining Area:Breakfast Bar: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Upstairs, Breakfast Bar, 2 Master Baths
  • Living Area: 1245.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Back
  • Disclosures: Agency Discl Req
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Built-Up
  • Exterior Features:Covered Patio(s): Yes
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: No

Garage/Parking

  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features:Common: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Foothills Elementary School - Phoenix
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Explorer Middle School

Lot Info

  • Lot Size Sq Ft: 9235.0
  • Parcel #: 215-16-084

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 215.00
  • Tax Lot: N/A
  • Tax Map Number: 16.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2020
Sold by
Colen Teran
Bought by
Current Estimated Value
$603,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$294,718
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$309,022

Purchase Details

Closed on
Oct 16, 2018
Sold by
Lld Rentals 40Th St Llc
Bought by
Colen Teran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2018
Sold by
Teran Colen Claudia and Teran Colen
Bought by
Colen Teran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2018
Sold by
Deibert Linda L
Bought by
Lld Rentals 40Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Paradise Valley Village, AZ

  • Michele Baker Real Estate Agent - Coldwell Banker Realty

    Michele Baker

    Coldwell Banker Realty

    (623) 469-4512

    29 Total Sales

    1 in Paradise Valley Village

    $1,195,000 Price

    Michele Baker
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  • Laura Moore Real Estate Agent - Embarc Realty

    Laura Moore

    Embarc Realty

    (623) 299-7344

    38 Total Sales

    2 in Paradise Valley Village

    $430K - $568K Price Range

    Laura Moore
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  • Nathan Martinez Real Estate Agent - RE/MAX Fine Properties

    Nathan Martinez

    RE/MAX Fine Properties

    (623) 263-9254

    275 Total Sales

    3 in Paradise Valley Village

    $300K - $1.5M Price Range

    Nathan Martinez
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  • Christopher Hendrick Real Estate Agent - Property For You Realty

    Christopher Hendrick

    Responds Quickly

    Property For You Realty

    (623) 295-2577

    100 Total Sales

    1 in Paradise Valley Village

    $1,115,000 Price

    Christopher Hendrick
     Section Image
  • Mariana Hoyt Real Estate Agent - My Home Group Real Estate

    Mariana Hoyt

    My Home Group Real Estate

    (650) 681-8354

    46 Total Sales

    5 in Paradise Valley Village

    $517K - $1.7M Price Range

    Mariana Hoyt
     Section Image
  • Alexandra Komichak Real Estate Agent - eXp Realty

    Alexandra Komichak

    Responds Quickly

    eXp Realty

    (412) 912-4506

    67 Total Sales

    6 in Paradise Valley Village

    $550K - $1.1M Price Range

    Alexandra Komichak
     Section Image
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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
$450,000 Equitable Title Agency Inc
Colen Teran $325,000 First American Title Insuran
Colen Teran -- First American Title Insuran
Lld Rentals 40Th St Llc -- Accommodation
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 $337,500
Previous Owner Colen Teran $243,750
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Rented $1,570 0.0% --
02/01/2023 02/01/23 Under Contract -- -- --
01/24/2023 01/24/23 Price Changed $1,570 -0.3% $1 / Sq Ft
01/15/2023 01/15/23 Price Changed $1,575 -1.3% $1 / Sq Ft
12/16/2022 12/16/22 Price Changed $1,595 -4.8% $1 / Sq Ft
11/23/2022 11/23/22 For Rent $1,675 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax 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.

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 $1,503 $14,705
2024 $1,433 $14,004
2023 $1,433 $48,550 $9,710 $38,840
2022 $1,419 $38,130 $7,620 $30,510
2021 $1,423 $36,680 $7,330 $29,350
2020 $1,379 $35,930 $7,180 $28,750
2019 $1,381 $28,500 $5,700 $22,800
2018 $1,335 $24,480 $4,890 $19,590
2017 $1,280 $22,200 $4,440 $17,760
2016 $1,259 $18,470 $3,690 $14,780
2015 $1,166 $23,230 $4,640 $18,590
Source: Public Records

Agents Affiliated with this Home

  • RS

    Landlord's Agent in 2023

    Robert Schissel

    Top Producers Realty

    (480) 788-4761

    9 Total Sales

    Robert Schissel
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6492578

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-16-084

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

18037 N 40th St Unit 1, 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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