NOT LISTED FOR SALE

4001 E Hearn Rd Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $312,000 - $380,000

2 Beds
1 Bath
840 Sq Ft
$410/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $300,000 $357 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,958/month

27 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Covered Patio or Porch
  • Sunrise Middle School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of November 2022

Looking for that perfect starter home with an excellent location? Then this property could be your answer. Check out this 2 bedroom, 1 bath home with laminate floors throughout, updated bath, freshly painted interior, covered patio w/large cement pad & huge yard that you can do anything you want with. No HOA! Large RV gate with easy access, close to shopping & 51 freeway. Come see this great home today!

Last Agent to Sell the Property

Michelle DiVita

AZ Brokerage Holdings, LLC Brokerage Phone: 480-518-4936 License #SA577279000 Listed on: 10/21/2022

Last Buyer's Agent

Adela Lujan

HomeSmart License #SA561728000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $693

Year Built

  • Built in 1975

Lot Details

  • 8,682 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Village Vista Elementary School
  • Paradise Valley High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Paradise Valley Oasis No. 8 Subdivision

Listing and Financial Details

  • Tax Lot 185
  • Assessor Parcel Number 215-72-195

Home Details

Home Type

Single Family

Est. Annual Taxes

$693

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Cross Street: THUNDERBIRD & 40TH STREET
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1975
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: PARADISE VALLEY OASIS NO. 8
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 357.14
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, No Interior Steps, Pantry
  • Living Area: 840.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Desert Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Village Vista Elementary School
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8682.0
  • Parcel #: 215-72-195

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 693.0
  • Tax Book Number: 215.00
  • Tax Lot: 185
  • Tax Map Number: 72.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 21, 2022
Sold by
Melnik Matthew Mikhail and Melnik Arlene
Bought by
Lopez Eduardo A
Seller's Agent
Michelle DiVita
AZ Brokerage Holdings, LLC
Buyer's Agent
Adela Lujan
HomeSmart
List Price
$359,000
Sold Price
$300,000
Premium/Discount to List
-$59,000
-16.43%
Views
7
Current Estimated Value
$359,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,891
Avg. Annual Appreciation
4.57%

Purchase Details

Listed on
Feb 15, 2020
Closed on
Mar 9, 2020
Sold by
Hearn Investments Llc
Bought by
Melnik Matthew Mikhail and Melnik Arlene
Seller's Agent
Becky Feola
West USA Realty
Buyer's Agent
Nicholas Carlisle
LPT Realty, LLC
List Price
$229,000
Sold Price
$233,000
Premium/Discount to List
$4,000
1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$219,942
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 2014
Sold by
Hearn Investments Llc
Bought by
Masters Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2008
Sold by
Masters Mark Jordan
Bought by
Hearn Investments Llc

Purchase Details

Closed on
Nov 22, 2006
Sold by
Smith Stephen S
Bought by
Masters Mark Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2000
Sold by
Demichael Joe and Demichael Fred
Bought by
Smith Stephen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,550
Interest Rate
7.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1999
Sold by
Demichael Joe and Estate Of Mary V Longo
Bought by
Demichael Joe and Demichael Fred
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Eduardo A $300,000 Clear Title
Melnik Matthew Mikhail $228,500 First Arizona Title Agency
Masters Mark J -- Great American Title Agency
Hearn Investments Llc -- Great American Title Agency
Hearn Investments Llc -- None Available
Masters Mark Jordan $204,000 Equity Title Agency Inc
Smith Stephen S $89,000 Ati Title Agency
Demichael Joe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melnik Matthew Mikhail $219,942
Previous Owner Hearn Investments Llc $134,000
Previous Owner Masters Mark Jordan $153,000
Previous Owner Smith Stephen S $84,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/25/2023 12/25/23 Off Market $300,000 -- --
11/21/2022 11/21/22 Sold $300,000 -14.0% $357 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/02/2022 11/02/22 Price Changed $349,000 -2.8% $415 / Sq Ft
10/20/2022 10/20/22 For Sale $359,000 +54.1% $427 / Sq Ft
03/13/2020 03/13/20 Sold $233,000 +1.7% $277 / Sq Ft View Prior Sale
02/17/2020 02/17/20 Pending -- -- --
02/15/2020 02/15/20 For Sale $229,000 -- $273 / 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 $867 $8,485 -- --
2024 $827 $8,081 -- --
2023 $827 $23,600 $4,720 $18,880
2022 $693 $18,480 $3,690 $14,790
2021 $704 $16,270 $3,250 $13,020
2020 $680 $15,300 $3,060 $12,240
2019 $797 $13,250 $2,650 $10,600
2018 $771 $11,870 $2,370 $9,500
2017 $739 $10,250 $2,050 $8,200
2016 $726 $9,520 $1,900 $7,620
2015 $673 $8,620 $1,720 $6,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michelle DiVita

    Realty Executives

  • Adela Lujan

    Buyer's Agent in 2022

    Adela Lujan

    HomeSmart

    (602) 793-7007

    5 in this area

    81 Total Sales

    Adela Lujan
    Section Image

  • B

    Seller's Agent in 2020

    Becky Feola

    West USA Realty

    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Rick Wandrych

    West USA Realty

    Section Image
  • Nicholas Carlisle

    Buyer's Agent in 2020

    Nicholas Carlisle

    LPT Realty, LLC

    (623) 606-3620

    3 in this area

    56 Total Sales

    Nicholas Carlisle
    Section Image
  • Adam Hamblen

    Buyer Co-Listing Agent in 2020

    Adam Hamblen

    Realty One Group

    (623) 404-8573

    28 in this area

    813 Total Sales

    Adam Hamblen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6479600

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-72-195

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

4001 E Hearn Rd, Phoenix, AZ

Not Listed for Sale

Detached

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.

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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