NOT LISTED FOR SALE

21855 N 40th Place Phoenix, AZ 85050

Desert Ridge Neighborhood

Estimated Value: $599,000 - $689,000

4 Beds
3 Baths
2,177 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $350,000 $161 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,585/month

About This Home

As of August 2019

Beautiful 4 bedroom nestled in a quiet Desert Ridge neighborhood! You are greeted with an open and airy layout with tile flooring and custom color tones throughout. The great room is off the kitchen allowing for ample entertaining space with custom built-in wall shelving. Stylish backsplash with stainless steel appliances and a breakfast bar. Upstairs is a spacious loft before entering the spacious master with full en-suite. 1st Floor has a den which could also be a quest bedroom. Enjoy time outdoors in your backyard with friends and family!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2019
Closed on
Aug 14, 2019
Sold by
Kamali Simin and Khanban Ali A
Bought by
Khanban Ali A
Seller's Agent
Mehran Parsai
Realty ONE Group
Buyer's Agent
Jennifer Pedersen
RE/MAX Fine Properties
Sold Price
$2,400
Current Estimated Value
$637,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,283
Avg. Annual Appreciation
10.82%
Original Mortgage
$262,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2019
Closed on
Jul 25, 2019
Sold by
Pena Alejandro and Pena Ashley
Bought by
Khanban Ali A
Seller's Agent
Mehran Parsai
Realty ONE Group
Buyer's Agent
Jennifer Pedersen
RE/MAX Fine Properties
Sold Price
$2,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2016
Closed on
Jun 2, 2016
Sold by
Boynton Kimberly and Boynton Blair
Bought by
Pena Alejandro and Pena Ashley
Seller's Agent
Del Rounds
RE/MAX Fine Properties
Buyer's Agent
Deepak Verma
Advanta Living Real Estate
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%
Original Mortgage
$308,750
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2010
Sold by
Bugarin Todija
Bought by
Bugarin Sreto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Interest Rate
4.68%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2009
Sold by
Bugarin Sreto and Bugarin Slavisa
Bought by
Morrow Kimberly and Boynton Blair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Interest Rate
4.68%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Bugarin Sreto and Bugarin Slavisa

Purchase Details

Closed on
Jul 15, 2009
Sold by
Menke Jeffrey R and Menke Julie M
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Jul 7, 2009
Sold by
Menke Jeffrey R and Menke Julie M
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Aug 1, 2006
Sold by
Menke Jeffrey R and Menke Julie M
Bought by
Menke Jeffrey R and Menke Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 13, 2006
Sold by
Menke Jeffrey R and Menke Julie M
Bought by
Menke Jeffrey R and Menke Julie M

Purchase Details

Closed on
Jun 22, 2005
Sold by
Forsell Robert E and Forsell Lois A
Bought by
Menke Jeffrey R and Menke Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 27, 2004
Sold by
Forsell Robert E and Forsell Lois A
Bought by
Forsell Robert E and Forsell Lois A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.82%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 13, 2001
Sold by
Schmeichel Ron D
Bought by
Forsell Robert E and Forsell Lois A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,520
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 1998
Sold by
Key Construction Inc
Bought by
Schmeichel Ron D

Purchase Details

Closed on
Jun 10, 1998
Sold by
Stardust Development Inc
Bought by
Key Construction Inc
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
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
Khanban Ali A -- Great American Title Agency
Khanban Ali A $350,000 Great American Title Agency
Pena Alejandro $325,000 Fidelity Natl Title Agency I
Bugarin Sreto -- First American Title Ins Co
Morrow Kimberly $255,000 First American Title Ins Co
Bugarin Sreto $175,000 None Available
Wells Fargo Bank National Association $190,702 Accommodation
Wells Fargo Bank National Association $190,702 None Available
Menke Jeffrey R -- Fidelity Title
Menke Jeffrey R -- Fidelity National Title
Menke Jeffrey R -- None Available
Menke Jeffrey R -- Fidelity National Title
Forsell Robert E -- Fidelity National Title
Forsell Robert E $176,900 Capital Title Agency
Schmeichel Ron D $142,408 Chicago Title Insurance Co
Key Construction Inc $336,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khanban Ali A $245,000
Closed Khanban Ali A $262,500
Previous Owner Pena Alejandro $308,750
Previous Owner Boynton Kimberly I $233,600
Previous Owner Morrow Kimberly $247,576
Previous Owner Morrow Kimberly $253,631
Previous Owner Morrow Kimberly $250,381
Previous Owner Menke Jeffrey R $368,000
Previous Owner Menke Jeffrey R $46,000
Previous Owner Menke Jeffrey Ryan $115,000
Previous Owner Menke Jeffrey R $266,000
Previous Owner Forsell Robert E $35,000
Previous Owner Forsell Robert E $185,900
Previous Owner Forsell Robert E $141,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Rented $2,500 0.0% --
09/23/2020 09/23/20 Under Contract -- -- --
07/30/2020 07/30/20 For Rent $2,500 +4.2% --
08/30/2019 08/30/19 Rented $2,400 0.0% --
08/23/2019 08/23/19 Under Contract -- -- --
08/21/2019 08/21/19 Off Market $2,400 -- --
08/17/2019 08/17/19 For Rent $2,400 0.0% --
08/16/2019 08/16/19 Sold $350,000 -6.7% $161 / Sq Ft
07/10/2019 07/10/19 For Sale $375,000 +15.4% $172 / Sq Ft
06/07/2016 06/07/16 Sold $325,000 -4.4% $149 / Sq Ft
04/12/2016 04/12/16 Price Changed $340,000 -2.9% $156 / Sq Ft
03/25/2016 03/25/16 For Sale $350,000 -- $161 / Sq Ft

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 $2,413 $26,459 -- --
2024 $2,579 $25,199 -- --
2023 $2,579 $41,300 $8,260 $33,040
2022 $2,553 $31,870 $6,370 $25,500
2021 $2,560 $29,550 $5,910 $23,640
2020 $2,481 $27,130 $5,420 $21,710
2019 $2,131 $25,420 $5,080 $20,340
2018 $2,054 $24,110 $4,820 $19,290
2017 $1,961 $22,680 $4,530 $18,150
2016 $1,930 $21,220 $4,240 $16,980
2015 $1,791 $19,210 $3,840 $15,370
Source: Public Records

Agents Affiliated with this Home

  • Mehran Parsai

    Seller's Agent in 2020

    Mehran Parsai

    Realty One Group

    (480) 980-2244

    2 in this area

    90 Total Sales

    Mehran Parsai
    Section Image
  • Deepak Verma

    Seller's Agent in 2019

    Deepak Verma

    Advanta Living Real Estate

    (602) 295-0810

    5 in this area

    42 Total Sales

    Deepak Verma
    Section Image
  • Jennifer Pedersen

    Buyer's Agent in 2019

    Jennifer Pedersen

    RE/MAX

    (480) 522-4051

    4 in this area

    32 Total Sales

    Jennifer Pedersen
    Section Image
  • Del Rounds

    Seller's Agent in 2016

    Del Rounds

    RE/MAX

    Section Image
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Map

Arizona Maricopa County Phoenix 85050 Desert Ridge

21855 N 40th Place, Phoenix, AZ

This home is located at 21855 N 40th Place, Phoenix, AZ 85050 and is currently estimated at $637,683, approximately $292 per square foot. 21855 N 40th Place is a home located in Maricopa County with nearby schools including Desert Trails Elementary School, Explorer Middle School, and Pinnacle 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.

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