$290,000
SOLD FEB 21, 2020

20660 N 40th St Unit 1130 Phoenix, AZ 85050

Desert Ridge Neighborhood
2 Beds
2 Baths
1,376 Sq Ft
$276/mo HOA Fee

Recently Sold

$211 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Wood Flooring
  • Fireside Elementary School Rated A
  • Theater or Screening Room
  • Santa Barbara Architecture

About This Home

As of February 2020

Do you imagine yourself living in a low maintenance 2 bd/2bth ground floor condo, two car garage, and easy access to the 101 and 51? Then look no further! This well appointed southernly exposed condo will meet your needs. There is no shortage of natural light in the living area as well as in the two bedrooms. The open floorplan allows accommodation of guests with ease. Luxury resort living with low HOA fees, two pools, a club house with a movie theater, and beautiful grounds. You will soon call this comfortable condo and its prime location home.

Last Agent to Sell the Property

Danijela Quenzler

Compass License #SA634637000 Listed on: 01/08/2020

Compass

Last Buyer's Agent

Matt Huff

Russ Lyon Sotheby's International Realty License #SA642981000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 2008

Lot Details

  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

  • $276 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,376 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • Doors are 32 inches wide or more
  • No Interior Steps

Schools

  • Fireside Elementary School
  • Explorer Middle School
  • Pinnacle High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Unit is below another unit

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1130
  • Assessor Parcel Number 213-13-768

Community Details

Overview

  • Association fees include maintenance exterior
  • Associate Prop Mgmt Association, Phone Number (480) 941-1077
  • La Verne Condominiums Replat Subdivision

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,298

Year Built

Built in 2008

Lot Details

0

HOA Fees

$276 per month

Parking

2

Listing Details

  • Cross Street: 40th Street and Deer Valley
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 276.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2019
  • Directions: 101 - north on Tatum to Deer Valley. West (L) on Deer Valley to 40th Street. 40th Street South (L) to end of street. West (R) into community and immediate (L). Building 22.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: LA VERNE CONDOMINIUMS REPLAT
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 276.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Accessible Door 32in+ Wide
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 1376.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane, ENERGY STAR Qualified Windows
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Community Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Common Walls: Neighbor Above
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Unassigned, Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Community Media Room, Fitness Center
  • Association Fee: 276.0
  • Association Fee Frequency: Monthly
  • Association Name: Associate Prop Mgmt
  • Phone: 480-941-1077 ext 26
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Associate Prop Mgmt
  • Association Fees:HOA Telephone4: 480-941-1077x26
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 552.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes

Fee Information

  • Association Fee Includes: Maintenance Exterior

Schools

  • Elementary School: Fireside Elementary School
  • High School: Pinnacle High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Explorer Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1308.0
  • Parcel #: 213-13-768

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2298.0
  • Tax Book Number: 213.00
  • Tax Lot: 1130
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Feb 13, 2020
Sold by
Gazzerro Michael J and Gazzerro Ann Marie
Bought by
Gazzerro Michael J and Gazzerro Ann M
Seller's Agent
Danijela Quenzler
Compass
Buyer's Agent
Matt Huff
Russ Lyon Sotheby's International Realty
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Current Estimated Value
$424,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,656
Avg. Annual Appreciation
7.54%
Original Mortgage
$190,000
Outstanding Balance
$135,738
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$295,933

Purchase Details

Listed on
Jan 8, 2020
Closed on
Feb 6, 2020
Sold by
Sparacio Robin
Bought by
Gazzerro Michael J and Gazzerro Ann Marie
Seller's Agent
Danijela Quenzler
Compass
Buyer's Agent
Matt Huff
Russ Lyon Sotheby's International Realty
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$135,738
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$295,933

Purchase Details

Listed on
Jun 11, 2014
Closed on
Jul 31, 2014
Sold by
Koroskoski Gordana
Bought by
Sparacio Robin
Seller's Agent
Brian North
Compass
Buyer's Agent
Vicki Botkin
eXp Realty
List Price
$224,900
Sold Price
$214,500
Premium/Discount to List
-$10,400
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%

Purchase Details

Listed on
Feb 27, 2012
Closed on
Mar 2, 2012
Sold by
Thompson Brian
Bought by
Koroskoski Gordana
Seller's Agent
Jeff Mitchell
HomeSmart
Buyer's Agent
Benjamin J. Katz
Lake Pleasant Real Estate
List Price
$195,000
Sold Price
$198,000
Premium/Discount to List
$3,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$183,350
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Thompson Brian and Thompson Sharryll

Purchase Details

Closed on
Jul 28, 2005
Sold by
Pino Albert D
Bought by
Pino Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,975
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2005
Sold by
Coudsy Ted
Bought by
Pino Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,975
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2005
Sold by
La Verne Condominiums Llc
Bought by
Coudsy Ted

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,700
Interest Rate
6.5%
Mortgage Type
New Conventional
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
Interfamily Deed Transfer -- Accommodation
Warranty Deed $290,000 Arizona Premier Title Llc
Cash Sale Deed $214,500 Grand Canyon Title Agency In
Warranty Deed $195,000 Lawyers Title Of Arizona Inc
Cash Sale Deed $235,000 Servicelink
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Warranty Deed $363,500 Grand Canyon Title Agency In
Special Warranty Deed $295,894 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 New Conventional
Previous Owner $183,350 New Conventional
Previous Owner $308,975 Purchase Money Mortgage
Previous Owner $236,700 New Conventional
Closed $29,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $290,000 -1.7% $211 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $295,000 +37.5% $214 / Sq Ft
08/08/2014 08/08/14 Sold $214,500 -4.6% $156 / Sq Ft
06/11/2014 06/11/14 For Sale $224,900 +13.6% $163 / Sq Ft
04/24/2012 04/24/12 Sold $198,000 +1.5% $144 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $195,000 -- $142 / 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 $2,436 $24,475 -- --
2024 $2,385 $23,309 -- --
2023 $2,385 $32,030 $6,400 $25,630
2022 $2,361 $25,800 $5,160 $20,640
2021 $2,368 $23,860 $4,770 $19,090
2020 $2,295 $23,350 $4,670 $18,680
2019 $2,298 $21,370 $4,270 $17,100
2018 $2,223 $20,650 $4,130 $16,520
2017 $2,131 $19,980 $3,990 $15,990
2016 $2,095 $19,350 $3,870 $15,480
2015 $1,940 $17,570 $3,510 $14,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6020819

Arizona Regional Multiple Listing Service (ARMLS)

APN: 213-13-768