NOT LISTED FOR SALE

40 Biltmore Estate Unit Circle Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $7,011,301 - $10,314,000

6 Beds
8 Baths
14,000 Sq Ft
$631/Sq Ft Est. Value

About This Home

This home is located at 40 Biltmore Estate Unit Circle, Phoenix, AZ 85016 and is currently estimated at $8,835,825, approximately $631 per square foot. 40 Biltmore Estate Unit Circle is a home located in Maricopa County with nearby schools including Madison Rose Lane Elementary School, Madison No. 1 Middle School, and Camelback High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2025
Sold by
Elisa Stephens Revocable Trust and Stephens Elisa
Bought by
Mackey William Jerry and Mackey Judith Rae
Current Estimated Value
$8,835,825

Purchase Details

Closed on
May 21, 2024
Sold by
3 Biltmore Estate Llc
Bought by
Elisa Stephens Revocable Trust and Stephens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,782,000
Interest Rate
6.82%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 12, 2018
Sold by
Stephens Elisa
Bought by
32 40 Biltmore Ertate Llc

Purchase Details

Closed on
Aug 9, 2018
Sold by
32 40 Biltmore Estate Llc
Bought by
Stephens Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 1, 2013
Sold by
Zumirez Drive Llc
Bought by
Stephens Elisa

Purchase Details

Closed on
Jun 20, 2012
Sold by
2440 Llc
Bought by
Zumirez Drive Llc

Purchase Details

Closed on
Apr 10, 2009
Sold by
Sm Coles Llc
Bought by
2440 Llc

Purchase Details

Closed on
Sep 18, 2006
Sold by
Resort Mansions Llc
Bought by
Sm Coles Llc

Purchase Details

Closed on
Sep 15, 2003
Sold by
Gp 40 Biltmore Llc
Bought by
Resort Mansions 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,400,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2002
Sold by
Evans Joanne
Bought by
Gp 40 Biltmore Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,160,000
Interest Rate
5.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 10, 2000
Sold by
Evans H Lee
Bought by
Evans Joanne
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mackey William Jerry $9,500,000 Wfg National Title Insurance C
Elisa Stephens Revocable Trust -- Wfg National Title Insurance C
32 40 Biltmore Ertate Llc -- Chicago Title Agency Inc
Stephens Elisa -- Chicago Title Agency Inc
Stephens Elisa $3,300,000 Greystone Title Agency Llc
Zumirez Drive Llc $3,000,000 None Available
2440 Llc -- Chicago Title Insurance Comp
Sm Coles Llc $11,300,000 Chicago Title Insurance Co
Resort Mansions 1 Llc -- Lawyers Title Of Arizona Inc
Gp 40 Biltmore Llc $5,000,000 Lawyers Title Of Arizona Inc
Evans Joanne -- Lawyers Title Of Arizona Inc
Evans Joanne $3,500,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elisa Stephens Revocable Trust $3,782,000
Previous Owner Stephens Elisa $3,500,000
Previous Owner Stephens Elisa $1,500,000
Previous Owner 2440 Llc $300,000
Previous Owner S M Coles Llc $15,000,000
Previous Owner Gp Central Avenue Llc $12,600,000
Previous Owner Metropolitan Lofts Llc $13,000,000
Previous Owner Resort Mansions 1 Llc $5,400,000
Previous Owner Gp 40 Biltmore Llc $4,160,000
Closed Gp 40 Biltmore Llc $1,000,000
Source: Public Records

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 $66,210 $533,086 -- --
2024 $64,437 $507,701 -- --
2023 $64,437 $557,070 $111,410 $445,660
2022 $62,516 $460,500 $92,100 $368,400
2021 $63,464 $441,400 $88,280 $353,120
2020 $63,682 $428,500 $85,700 $342,800
2019 $65,135 $459,150 $91,830 $367,320
2018 $63,538 $438,800 $87,760 $351,040
2017 $60,546 $418,580 $83,710 $334,870
2016 $58,457 $377,300 $75,460 $301,840
2015 $54,294 $353,200 $70,640 $282,560
Source: Public Records

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