$520,000
SOLD FEB 27, 2023

18853 N 40th Place Unit 1 Phoenix, AZ 85050

Paradise Valley Neighborhood
4 Beds
2 Baths
1,860 Sq Ft
9,056 Sq Ft Lot

Recently Sold

$280 Per Sq Ft

13% Below List Price

20 Days on Market

Highlights

  • Private Pool
  • Solar Power System
  • 1 Fireplace
  • Quail Run Elementary School Rated A
  • Mountain View
  • No HOA

About This Home

As of February 2023

A rare 4 bedroom, 2 bathroom without an HOA on a big lot, diving pool in the Paradise Valley School District. Well maintained with recently added solar, roof, pool equipment, HVAC.

Last Agent to Sell the Property

Adrian Arnlund

HomeSmart Premier License #SA047504000 Listed on: 01/16/2023

HomeSmart Premier

Co-Listed By

Peggy Gascon

Realty ONE Group License #SA033122000

Last Buyer's Agent

Zahia Alshallal

My Home Group Real Estate License #SA685059000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,510

Year Built

  • Built in 1987

Lot Details

  • 9,056 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Private Pool
  • Covered patio or porch
  • Outdoor Storage

Schools

  • Paradise Valley High Middle School
  • Paradise Valley High School

Utilities

  • Central Air
  • Heating Available
  • Water Softener
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Pulte Homes
  • Paradise Valley Landings Unit 1 Lot 1 128 Subdivision

Listing and Financial Details

  • Tax Lot 120
  • Assessor Parcel Number 215-01-131

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,510

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 40th St / Union Hills
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Updated Floors: Full
  • Updated Kitchen: Full
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Tax Year: 2022
  • Directions: From Union Hills N on 40th St to Morrow East follow around to 40th Pl
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: reog08
  • Co List Office Phone: 602-953-4000
  • Subdivision Name: PARADISE VALLEY LANDINGS UNIT 1 LOT 1-128
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Soft Water Loop, Full Bth Master Bdrm
  • Living Area: 1860.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Desert Back, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Paradise Valley High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9056.0
  • Parcel #: 215-01-131

Building Info

  • Builder Name: Pulte Homes

Tax Info

  • Tax Annual Amount: 2510.0
  • Tax Book Number: 215.00
  • Tax Lot: 120
  • Tax Map Number: 1.00

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
$624,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,436
Avg. Annual Appreciation
7.82%

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $520,000 First American Title Insurance
Warranty Deed $216,000 Empire West Title Agency
Trustee Deed $154,000 Accommodation
Interfamily Deed Transfer -- Equity Title Agency Inc
Warranty Deed $339,000 Equity Title Agency Inc
Warranty Deed $310,000 Fidelity National Title
Warranty Deed $210,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- --
Warranty Deed $152,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $383,457 VA
Previous Owner $380,995 VA
Previous Owner $379,504 VA
Previous Owner $379,111 VA
Previous Owner $350,917 VA
Previous Owner $335,725 VA
Previous Owner $281,598 VA
Previous Owner $281,492 VA
Previous Owner $224,859 VA
Previous Owner $221,184 VA
Previous Owner $283,682 VA
Previous Owner $271,200 Purchase Money Mortgage
Previous Owner $271,200 Purchase Money Mortgage
Previous Owner $248,000 New Conventional
Previous Owner $147,000 Seller Take Back
Previous Owner $50,000 Credit Line Revolving
Previous Owner $136,800 Seller Take Back
Closed $21,000 No Value Available
Closed $62,000 No Value Available
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
Source: Arizona Regional Multiple Listing Service (ARMLS)

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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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6508108

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-01-131