$465,000
SOLD APR 1, 2022

20660 N 40th St Unit 2016 Phoenix, AZ 85050

Desert Ridge Neighborhood
2 Beds
2.5 Baths
1,534 Sq Ft
$306/mo HOA Fee

Recently Sold

$303 Per Sq Ft

2% Above List Price

14 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Theater or Screening Room
  • Fireside Elementary School Rated A
  • Two Primary Bathrooms
  • Contemporary Architecture

About This Home

As of April 2022

Luxury living Townhouse in the highly desirable La Verne Community is now on the market! Discover a spacious great room with vaulted ceilings, soothing palette, upgraded lighting/ceiling fans, high-end carpet, and huge windows allowing lots of natural light. The stunning kitchen offers ample wood cabinetry, SS appliances, granite counters, stylish tile backsplash, beautiful tile floor, and a breakfast bar. The main bedroom showcases a private bathroom w/dual sinks, walk-in closet, and balcony access! Another bedroom on the 3rd floor also has a balcony with an exquisite view of the neighborhood. Movie theater room, billiard hall, exercise facilities, and swimming pool are some of the fantastic amenities that you don't want to miss! Make this gem yours. Call now!

Last Agent to Sell the Property

Jennifer LaBrecque

The Arrow Agency License #SA675545000 Listed on: 02/24/2022

Last Buyer's Agent

Debra St. Germain

HomeSmart License #SA527866000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,441

Year Built

  • Built in 2004

Lot Details

  • 978 Sq Ft Lot
  • End Unit
  • Wrought Iron Fence

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,534 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • <<builtInMicrowave>>
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 2016
  • Assessor Parcel Number 213-13-804

Community Details

Overview

  • Association fees include ground maintenance
  • La Verne 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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,441

Year Built

Built in 2004

Lot Details

0

HOA Fees

$306 per month

Parking

1

Listing Details

  • Cross Street: Deer Valley Dr & 40th St
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 306.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2021
  • Directions: Head southwest on N 40th St toward E Melinda Dr, Turn left. Property will be on the left.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LA VERNE CONDOMINIUMS REPLAT
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 306.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Breakfast Bar, 2 Master Baths, Full Bth Master Bdrm
  • Living Area: 1534.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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: Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Corner Lot
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: End Unit
  • Construction Type: Wood Frame, Painted, Stone
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: 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: 306.0
  • Association Fee Frequency: Monthly
  • Association Name: La Verne
  • Phone: 480-941-1077
  • 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: La Verne
  • Association Fees:HOA Telephone4: 480-941-1077
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 510.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 978.0
  • Parcel #: 213-13-804

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2441.0
  • Tax Book Number: 213.00
  • Tax Lot: 2016
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 31, 2022
Sold by
Wright Living Trust
Bought by
Goldman Richard C
Seller's Agent
Jennifer LaBrecque
The Arrow Agency
Buyer's Agent
Debra St. Germain
HomeSmart
List Price
$455,000
Sold Price
$465,000
Premium/Discount to List
$10,000
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.25%
Original Mortgage
$232,500
Outstanding Balance
$194,941
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$273,923

Purchase Details

Closed on
Apr 9, 2015
Sold by
Wright Thomas B
Bought by
The Wright Living Trust

Purchase Details

Closed on
Mar 13, 2009
Sold by
Wright Thomas B
Bought by
Wright Thomas B and Wright Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2008
Sold by
Wright Thomas B
Bought by
Wright Thomas B and Wright Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,520
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 13, 2006
Sold by
Wright Thomas B
Bought by
Wright Thomas B and Wright Heather M

Purchase Details

Closed on
Aug 20, 2003
Sold by
Laverne Condominiums Llc
Bought by
Wright Thomas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,345
Interest Rate
5.46%
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
Warranty Deed $465,000 Empire West Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Insuran
Interfamily Deed Transfer -- Fidelity National Title Ins
Interfamily Deed Transfer -- Fidelity National Title Ins
Interfamily Deed Transfer -- Fidelity National Title Ins
Interfamily Deed Transfer -- None Available
Special Warranty Deed $231,682 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,500 New Conventional
Previous Owner $117,300 New Conventional
Previous Owner $60,520 Credit Line Revolving
Previous Owner $185,345 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $449,000 -3.4% $293 / Sq Ft
05/23/2025 05/23/25 Price Changed $464,999 -2.9% $303 / Sq Ft
04/21/2025 04/21/25 For Sale $479,000 0.0% $312 / Sq Ft
01/01/2024 01/01/24 Rented $2,300 0.0% --
12/08/2023 12/08/23 Under Contract -- -- --
10/21/2023 10/21/23 For Rent $2,300 0.0% --
04/01/2022 04/01/22 Sold $465,000 +2.2% $303 / Sq Ft
02/18/2022 02/18/22 For Sale $455,000 -- $297 / 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 $1,715 $20,325 -- --
2024 $2,080 $19,357 -- --
2023 $2,080 $31,900 $6,380 $25,520
2022 $2,061 $25,820 $5,160 $20,660
2021 $2,441 $24,070 $4,810 $19,260
2020 $2,366 $23,650 $4,730 $18,920
2019 $2,369 $21,520 $4,300 $17,220
2018 $2,291 $21,300 $4,260 $17,040
2017 $2,196 $20,830 $4,160 $16,670
2016 $2,159 $20,010 $4,000 $16,010
2015 $1,707 $17,620 $3,520 $14,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6357786

Arizona Regional Multiple Listing Service (ARMLS)

APN: 213-13-804