NOT LISTED FOR SALE

18862 N 40th Place Phoenix, AZ 85050

Paradise Valley Village Neighborhood

Estimated Value: $505,000 - $577,000

3 Beds
2 Baths
1,604 Sq Ft
$336/Sq Ft Est. Value

Last Sold May 04, 2012

Last sale price $183,000 $114 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $3,029/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Vaulted Ceiling
  • Granite Countertops
  • Quail Run Elementary School Rated A
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of May 2012

Beautifully remodeled home in North Phoenix close to schools, shopping,entertainment and freeways. This 3/2 home features an split floor plan with vaulted ceilings and a large living room. Newly finished fireplace in the family room. Freshly painted. Tile in all the walk spaces and new carpet in all of the bedrooms. Kitchen features granite countertops, stainless steel appliances,new cabinetry and hardware. Bathrooms feature granite slab counter tops, new cabinetry and hardward and newly tiled shower surrounds.Backyard features a spacious grassy area with freshy laid sod and an an oversized covered patio perfect for entertaining. Bring your buyer today! At this price, this one is going to go fast ! All work performed by a licensed general contractor.

Last Agent to Sell the Property

Amy Mirata

HomeSmart License #SA569842000 Listed on: 03/22/2012

HomeSmart

Last Buyer's Agent

Kristine Devine

Realty ONE Group License #SA102512000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,115

Year Built

  • Built in 1987

Lot Details

  • Block Wall Fence
  • Corner Lot

Home Design

  • Wood Frame Construction
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 1,604 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • RV Access or Parking

Schools

  • Quail Run Elementary School
  • Vista Verde Middle School
  • Paradise Valley High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

  • $1,540 per year Dock Fee
  • Association fees include no fees

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,115

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Cross Street: 40th Street and Union Hills
  • Legal Info Lot Number: 108
  • Property Type: A
  • Assessor Parcel Number: 119.00
  • Legal Description Abbrev: Paradise Valley Landings Unit 01 Lt 01-128
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst
  • Assessor Parcel Number: 215-01-119
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 32FRX2G
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2012
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2012
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2012
  • Map Code Grid: K36
  • Primary Bathroom Type: 3/4 Bath Master Bdrm, Double Sinks
  • Miscellaneous: Home Warranty
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Price per Sq Ft: 114.08
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1987
  • Tax Year: 2011
  • Directions: From HWY 51, Go East on Union Hills to 40th St. North on 40th to Wescott. East on Wescott to Property. Property is on Corner of 40th place and Westcott
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: No Interior Steps, Vaulted Ceiling(s)
  • Bedrooms: 3
  • Bedrooms Plus: 3.00
  • Other Rooms: Family Room
  • Bathrooms: 2.00
  • Laundry: Inside, Wshr/Dry HookUp Only
  • Flooring: Carpet, Tile
  • Fireplace: 1 Fireplace
  • Master Bedroom Type: Split
  • Dining Area: Eat-in Kitchen
  • Estimated Lot Sq Ft: 9059.00
  • Estimated Sq Ft: 1604.00
  • Kitchen Features: Built-in Microwave, Dishwasher, Disposal, Granite Countertops, Pantry, Range/Oven Elec
  • Source Of Sq Ft: Owner

Exterior Features

  • Exterior Stories: 1
  • Landscaping: Grass Back, Gravel/Stone Front, Yrd Wtring Sys Back
  • Roofing: Comp Shingle
  • Fencing: Block
  • Construction: Frame - Wood
  • Exterior Features: Covered Patio(s), Patio
  • Pool Private: No Pool

Garage/Parking

  • Parking Features: RV Gate, RV Parking

Utilities

  • Water: City Water
  • Utilities: APS
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Services: City Services
  • Fee Include: No Fees

Schools

  • Elementary School: Quail Run Elementary School
  • Middle School: Vista Verde Middle School
  • High School: Paradise Valley High School
  • Elementary School: Quail Run Elementary School
  • High School: Paradise Valley High School
  • Jr High School: Vista Verde Middle School

Lot Info

  • Property Description: Corner Lot

Building Info

  • Builder Name: Unknown

Tax Info

  • Taxes: 1540.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2012
Closed on
Apr 17, 2012
Sold by
Arizona Communities Ventures Llc
Bought by
Vernon Tom
Seller's Agent
Amy Mirata
HomeSmart
Buyer's Agent
Kristine Devine
Realty ONE Group
List Price
$179,900
Sold Price
$183,000
Premium/Discount to List
$3,100
1.72%
Current Estimated Value
$538,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,218
Avg. Annual Appreciation
8.35%
Original Mortgage
$146,400
Outstanding Balance
$101,786
Interest Rate
4.05%
Mortgage Type
FHA
Estimated Equity
$436,433

Purchase Details

Listed on
Oct 13, 2011
Closed on
Feb 7, 2012
Sold by
Jaurez Ralph
Bought by
Arizona Community Ventures Llc
Seller's Agent
Scott Mertens
Geneva Real Estate and Investments
Buyer's Agent
Michele Williamson
Compass
Sold Price
$93,000

Purchase Details

Closed on
Aug 27, 2001
Sold by
Juarez Ralph
Bought by
Ahg Equities Ltd Partnership
Source: Public Records

Range of Values:

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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
Vernon Tom $183,000 Fidelity National Title Agen
Arizona Community Ventures Llc $92,000 Fidelity Natl Title Ins Co
Ahg Equities Ltd Partnership $33,025 First Financial Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vernon Tom $146,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2012 05/04/12 Sold $183,000 0.0% $114 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
03/26/2012 03/26/12 Price Changed $183,000 +1.7% $114 / Sq Ft
03/22/2012 03/22/12 For Sale $179,900 +93.4% $112 / Sq Ft
02/17/2012 02/17/12 Sold $93,000 -- $62 / Sq Ft View Prior Sale
10/17/2011 10/17/11 Pending -- -- --
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 $2,115 $25,074 -- --
2024 $2,067 $23,880 -- --
2023 $2,067 $35,530 $7,100 $28,430
2022 $2,048 $27,310 $5,460 $21,850
2021 $2,082 $25,360 $5,070 $20,290
2020 $2,010 $23,470 $4,690 $18,780
2019 $2,019 $21,720 $4,340 $17,380
2018 $1,946 $20,300 $4,060 $16,240
2017 $1,859 $19,320 $3,860 $15,460
2016 $1,829 $18,910 $3,780 $15,130
2015 $1,697 $18,010 $3,600 $14,410
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Amy Mirata

    HomeSmart

    (602) 828-2828

    20 Total Sales

    Amy Mirata
    Section Image

  • S

    Seller's Agent in 2012

    Scott Mertens

    Geneva Real Estate and Investments

  • Kristine Devine

    Buyer's Agent in 2012

    Kristine Devine

    Realty One Group

    (602) 920-7653

    51 Total Sales

    Kristine Devine
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4733771

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-01-119

Arizona Maricopa County Phoenix 85050 Paradise Valley Village

18862 N 40th Place, Phoenix, AZ

This home is located at 18862 N 40th Place, Phoenix, AZ 85050 since 22 March 2012 and is currently estimated at $538,218, approximately $335 per square foot. This property was built in 1987. 18862 N 40th Place is a home located in Maricopa County with nearby schools including Quail Run Elementary School, Vista Verde 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.

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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