NOT LISTED FOR SALE

18853 N 40th Place Unit 1 Phoenix, AZ 85050

Paradise Valley Neighborhood

Estimated Value: $597,000 - $651,244

4 Beds
2 Baths
1,860 Sq Ft
$340/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $520,000 $280 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,827/month

About This Home

As of February 2023

Wow! Welcome to this gorgeous rental home w/4 beds & 2 baths! Lovely facade offers a 2-car garage & stone accents. As you enter, you'll notice trending wood-look tile flooring, high vaulted ceilings, archways, & a generous-sized living & dining room w/a cozy fireplace that will keep you warm in the cooler months. Large family room has French doors leading to the back patio. Spotless kitchen displays SS appliances, granite counters, recessed & pendant lighting, white cabinets w/crown moulding, a pantry, a breakfast bar, & a breakfast nook. You'll love the main retreat boasting double doors, mirrored door closets, & an ensuite w/dual sinks. The delightful backyard includes a full-length covered patio, pavers, storage shed, & a shimmering pool. Don't forget about the solar panels! MUST-SE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Feb 27, 2023
Sold by
Hood Arlyn and Hood Charles
Bought by
Yassin Haidar T and Alshallal Zahia S
Seller's Agent
Adrian Arnlund
HomeSmart Premier
Buyer's Agent
Zahia Alshallal
My Home Group Real Estate
List Price
$599,000
Sold Price
$520,000
Premium/Discount to List
-$79,000
-13.19%
Views
25
Current Estimated Value
$632,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,561
Avg. Annual Appreciation
8.97%

Purchase Details

Closed on
Jul 7, 2011
Sold by
Blackhawk 33 Llc
Bought by
Hood Arlyn and Hood Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,184
Interest Rate
4.54%
Mortgage Type
VA

Purchase Details

Closed on
May 23, 2011
Sold by
Pope Laurie A
Bought by
Blackhawk 33 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,184
Interest Rate
4.54%
Mortgage Type
VA

Purchase Details

Closed on
Dec 8, 2006
Sold by
Pope Robert J
Bought by
Pope Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2006
Sold by
Samaniego J Henry
Bought by
Pope Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2005
Sold by
Settles Richard J
Bought by
Samaniego J Henry and Samaniego Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2004
Sold by
Markey Vicky L
Bought by
Dr Richard J Settles Do Pc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
5.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 16, 2002
Sold by
Markey Vicky L
Bought by
The Vicky Lynn Markey Revocable Living T

Purchase Details

Closed on
Aug 19, 1999
Sold by
Boyd Jack W
Bought by
Markey Vicky L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
8.95%
Mortgage Type
Seller Take Back
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
Yassin Haidar T $520,000 First American Title Insurance
Hood Arlyn $216,000 Empire West Title Agency
Blackhawk 33 Llc $154,000 Accommodation
Pope Laurie A -- Equity Title Agency Inc
Pope Laurie A $339,000 Equity Title Agency Inc
Samaniego J Henry $310,000 Fidelity National Title
Dr Richard J Settles Do Pc $210,000 Chicago Title Insurance Co
The Vicky Lynn Markey Revocable Living T -- --
Markey Vicky L $152,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hood Charles $383,457
Previous Owner Hood Charles $380,995
Previous Owner Hood Arlyn $379,504
Previous Owner Hood Arlyn $379,111
Previous Owner Hood Charles $350,917
Previous Owner Hood Charles $335,725
Previous Owner Hood Arlyn $281,598
Previous Owner Hood Charles $281,492
Previous Owner Hood Charles $224,859
Previous Owner Hood Arlyn $221,184
Previous Owner Hood Arlyn $283,682
Previous Owner Pope Laurie A $271,200
Previous Owner Pope Laurie A $271,200
Previous Owner Samaniego J Henry $248,000
Previous Owner Dr Richard J Settles Do Pc $147,000
Previous Owner Markey Vicky L $50,000
Previous Owner Markey Vicky L $136,800
Closed Dr Richard J Settles Do Pc $21,000
Closed Samaniego J Henry $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Rented $3,250 0.0% --
05/01/2023 05/01/23 Under Contract -- -- --
04/18/2023 04/18/23 Price Changed $3,250 0.0% $2 / Sq Ft
04/18/2023 04/18/23 For Rent $3,250 -7.1% --
04/18/2023 04/18/23 Off Market $3,500 -- --
04/14/2023 04/14/23 For Rent $3,500 0.0% --
02/27/2023 02/27/23 Sold $520,000 -4.6% $280 / Sq Ft
02/05/2023 02/05/23 Price Changed $545,000 -0.7% $293 / Sq Ft
01/23/2023 01/23/23 Price Changed $549,000 -8.3% $295 / Sq Ft
01/16/2023 01/16/23 For Sale $599,000 -- $322 / Sq Ft

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 $3,521 $30,735 -- --
2024 $2,534 $29,271 -- --
2023 $2,534 $43,810 $8,760 $35,050
2022 $2,510 $33,380 $6,670 $26,710
2021 $2,552 $30,970 $6,190 $24,780
2020 $2,464 $28,500 $5,700 $22,800
2019 $2,476 $26,520 $5,300 $21,220
2018 $2,385 $24,830 $4,960 $19,870
2017 $2,278 $23,760 $4,750 $19,010
2016 $2,242 $23,130 $4,620 $18,510
2015 $2,080 $22,020 $4,400 $17,620
Source: Public Records

Agents Affiliated with this Home

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