$198,000
SOLD APR 24, 2012

20660 N 40th St Unit 1130 Phoenix, AZ 85050

Desert Ridge Neighborhood
2 Beds
2 Baths
1,376 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$144 Per Sq Ft

2% Above List Price

3 Days on Market

About This Home

As of February 2020

Luxury Living at its Finest.Highly desireable lower level w/ southern exposure. It's Sensational kitchen boasts SS App, Grantite Ctrs w/glass bksplash,Maple Cabs with Cherry stain, pendant lighting, breakfast bar and Wine rack/buffet. Light filled great room overlooking private tree lined bkyard is a serene place to enjoy a quiet evening with friends and loved ones.The sleeping quarters with granite ctrs in baths is a welcome sight at the end of a day. The enormous double car garage awaits your imagination, with a wall of built in cabinets for storage.Wash/Dryer and TV's excluded from sale.

Last Agent to Sell the Property

Jeff Mitchell

HomeSmart License #SA635652000 Listed on: 02/27/2012

HomeSmart

Co-Listed By

Judy Mitchell

HomeSmart License #SA630019000

Last Buyer's Agent

Benjamin J. Katz

Lake Pleasant Real Estate License #BR579644000

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,436

Year Built

2005

Lot Details

0

Listing Details

  • Tax Municipality: Maricopa - COUNTY
  • Cross Street: 40TH ST/DEER VALLEY
  • Legal Info Lot Number: 1130
  • Legal Info Range: 3E
  • Legal Info Section: 24
  • Legal Info Township: 4N
  • Property Type: A
  • Unit Style: All on One Level, Ground Level, Neighbor Above
  • Assessor Parcel Number: 507.00
  • Hundred Block: 2060
  • Marketing Name: La Verne Condominums
  • Type: ER
  • Ownership: Fee Simple
  • Architecture: Contemporary
  • Assessor Parcel Number: 213-13-507
  • HOA Association Fee: 192.50
  • HOA Paid Frequency: Monthly
  • HOA Property Manager Company Name: Scottsdale Condomini
  • HOA Property Management Company Phone: 602-952-8152
  • HOA Fees: Y
  • Recreation Center Fee: Y
  • Total Monthly Fee Equivalent: 192.50
  • Association Rules: Clubhouse/Rec Center, NoVsble TrkTrlrRvBt
  • Construction Finish: Stucco
  • Dwelling Type: Apartment Style/Flat
  • Encoded Features: 22RO2G
  • Map Code Grid: K36
  • Primary Bathroom Type: Full Bth Master Bdrm
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Planned Comm Name: La Verne Condominums
  • Price per Sq Ft: 143.89
  • Property Group Id: 19990816212109142258000000
  • Year Built: 2005
  • Tax Year: 2011
  • Directions: South on 40th St off Deer Valley to Cul de Sac, Gate on right ( call lister or co lister for gate code) Unit on South side of complex. Building 22. Lbx on hose bib to left of unit. Unit 1130.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Features: Fire Sprinklers, Water Softener Owned
  • Bedrooms: 2
  • Bedrooms Plus: 2.00
  • Other Rooms: Great Room
  • Bathrooms: 2.00
  • Laundry: Inside
  • Flooring: Carpet, Tile
  • Fireplace: No Fireplace
  • Dining Area: Dining in LR/GR, Eat-in Kitchen
  • Estimated Lot Sq Ft: 1300.00
  • Estimated Sq Ft: 1376.00
  • Kitchen Features: Built-in Microwave, Cook Top Elec, Dishwasher, Disposal, Granite Countertops, Kitchen Island, Range/Oven Elec
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Community Only
  • Landscaping: Natural Desert Front
  • Roofing: Tile
  • Construction: Frame - Wood
  • Pool Private: No Pool

Garage/Parking

  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse/Rec Room, Community Pool Htd, Community Spa Htd, Gated Community, Workout Facility
  • Fee Include: Blanket Ins Policy, Common Area Maint, Exterior Mnt of Unit, Garbage Collection, Pest Control, Roof Repair, Sewer, Street Maint

Schools

  • Elementary School: Desert Trails Elementary School
  • Middle School: Explorer Middle School
  • High School: Pinnacle High School
  • Elementary School: Desert Trails Elementary School
  • High School: Pinnacle High School
  • Jr High School: Explorer Middle School

Lot Info

  • Property Description: North/South Exposure

Building Info

  • Builder Name: North Peak

Tax Info

  • Taxes: 1320.00

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
7.57%
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: 4722343

Arizona Regional Multiple Listing Service (ARMLS)

APN: 213-13-768