NOT LISTED FOR SALE

23225 N 40th Way Phoenix, AZ 85050

Desert Ridge Neighborhood

Estimated Value: $1,001,000 - $1,120,000

6 Beds
3.5 Baths
3,317 Sq Ft
$320/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $570,000 $172 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,121/month

10 Days on Market

Highlights

  • Private Pool
  • Granite Countertops
  • Covered Patio or Porch
  • Desert Trails Elementary School Rated A
  • Private Yard
  • Cul-De-Sac

About This Home

As of March 2016

Amazing opportunity to own a luxury home nestled in the heart of Desert Ridge! Located on a cul-de-sac, this 6 bedroom highly upgraded home features an incredible kitchen , formal living and dining rooms, office, 3.5 bathrooms and much more! Family room opens to kitchen with an eat-in breakfast area. Spacious master bedroom with huge master bath and walk in closet. All secondary bedrooms are larger than average, bedroom 2 with walk in closet. The resort like backyard boasts a gorgeous pebble tec diving pool with travertine decking and patio, a grass yard with mature trees, and plenty of space.
The 3 car garage has epoxy flooring and lots of room for storage.
This lovely home is minutes from Desert Ridge shopping, trails, schools and restaurants! A must see!

Last Agent to Sell the Property

Brian Culhane

eXp Realty License #SA562331000 Listed on: 01/21/2016

Last Buyer's Agent

Inna Novey

West USA Realty License #SA526835000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,053

Year Built

  • Built in 2010

Lot Details

  • 8,102 Sq Ft Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,317 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 212-50-063

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • First Service Association, Phone Number (480) 437-4777
  • Desert Ridge Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Built by DR Horton
  • Desert Ridge Super Block 7 North Parcel 6 7 8 Repl Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,053

Year Built

Built in 2010

Lot Details

0

HOA Fees

$81 per month

Parking

3

Listing Details

  • Cross Street: Pinnacle Peak and 40th St
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Desert Ridge
  • HOA #2 Phone Number: 480-551-4300
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 81.4
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2010
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: DESERT RIDGE SUPER BLOCK 7 NORTH PARCEL 6 7 8 REPL
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • General Property Description:PriceSqFt: 171.84
  • Association Fees:HOA Fee2: 50.4
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3317.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Private Yard
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 186.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 50.4
  • Association Fee Frequency: Monthly
  • Association: Desert Ridge
  • Association Name: Desert Ridge Superbl
  • Association Phone #2: 480-551-4300
  • Phone: 480-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Desert Ridge Superbl
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fees:HOA Management Company 2: First Service

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Desert Trails 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: 8102.0
  • Parcel #: 212-50-063
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Annual Amount: 4052.8
  • Tax Book Number: 212.00
  • Tax Lot: 63
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2018
Sold by
Carpenter Peter A and Carpenter Keri D
Bought by
Carpenter Peter Alvin and Carpenter Keri Deann
Current Estimated Value
$1,062,654

Purchase Details

Listed on
Jan 21, 2016
Closed on
Mar 22, 2016
Sold by
Reed Marie Ann
Bought by
Carpenter Peter A and Carpenter Keri D
Seller's Agent
Brian Culhane
eXp Realty
Buyer's Agent
Inna Novey
West USA Realty
List Price
$595,000
Sold Price
$570,000
Premium/Discount to List
-$25,000
-4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$456,000
Outstanding Balance
$360,922
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$701,732

Purchase Details

Closed on
Mar 15, 2012
Sold by
Reed Marie
Bought by
Reed Marie Ann and Reed Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,300
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2011
Sold by
Reed Marie Ann
Bought by
Reed Marie Ann and Reed Revocable Trust

Purchase Details

Closed on
Jun 24, 2010
Sold by
D R Horton Inc Dietz Crane
Bought by
Reed Marie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,090
Interest Rate
4.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Carpenter Peter Alvin -- None Available
Carpenter Peter A $570,000 Great Amer Title Agency Inc
Reed Marie Ann -- Accommodation
Reed Marie -- Clear Title Agency Of Arizon
Reed Marie Ann -- None Available
Reed Marie A $414,535 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpenter Peter A $456,000
Previous Owner Reed Marie $231,300
Previous Owner Reed Marie A $231,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2016 03/29/16 Sold $570,000 -4.2% $172 / Sq Ft
01/31/2016 01/31/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $595,000 -- $179 / 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 $5,399 $58,699 -- --
2024 $5,121 $55,904 -- --
2023 $5,121 $67,380 $13,470 $53,910
2022 $5,063 $52,310 $10,460 $41,850
2021 $5,080 $48,910 $9,780 $39,130
2020 $4,904 $46,950 $9,390 $37,560
2019 $4,911 $45,050 $9,010 $36,040
2018 $4,731 $44,600 $8,920 $35,680
2017 $4,510 $44,500 $8,900 $35,600
2016 $4,424 $45,710 $9,140 $36,570
2015 $4,053 $45,680 $9,130 $36,550
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Brian Culhane

    eXp Realty

  • Inna Novey

    Buyer's Agent in 2016

    Inna Novey

    West USA Realty

    (602) 672-7012

    7 in this area

    108 Total Sales

    Inna Novey
    Section Image

  • I

    Buyer's Agent in 2016

    Inna Ruditser

    Equus Realty, LLC

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5387874

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-50-063

Arizona Maricopa County Phoenix 85050 Desert Ridge

23225 N 40th Way, Phoenix, AZ

Not Listed for Sale

Detached

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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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