4015 N 40th Place Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated Value: $1,302,000 - $2,753,000
4
Beds
6
Baths
4,614
Sq Ft
$471/Sq Ft
Est. Value
Highlights
- Private Pool
- Fireplace in Primary Bedroom
- Main Floor Primary Bedroom
- Tavan Elementary School Rated A
- Wood Flooring
- Private Yard
About This Home
As of November 2023This brand new soft contemporary showpiece perfectly combines architectural excellence, highbrow design, and extraordinary comfort. Upon entering through the front courtyard with a fireplace for extra ambience, you'll arrive at a home loaded with modern character. The island kitchen has a Thermidor appliance package, refrigerator and freezer columns, 48'' gas range, double ovens, microwave drawer, and an adjacent Butler's pantry with its own refrigerator and sink. There's even an additional large pantry for storage, and the 200-bottle climate-controlled glass wine room is a fabulous design statement. The living spaces are as functional as they are elegant and there are 2 awesome bonus rooms allowing adults and kids to enjoy separate areas to play, a fantastic home office, and an exquisite owner's suite with a spa like bath. Further impressive finishes in the home include designer quartz countertops, custom tile, high end lighting, white oak hardwood flooring, two interior fireplaces, western window package with multi slide glass doors in the living room, and a sleek 4' x 9' glass pivot entry door. In addition to the exceptional interiors is a fantastic exterior yard offering a spacious covered patio, pool, gazebo, water feature and built in barbeque. This home, located in a great neighborhood, is loaded quality and great taste!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,495
Year Built
- Built in 1953
Lot Details
- 0.28 Acre Lot
- Cul-De-Sac
- Block Wall Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Spray Foam Insulation
- Composition Roof
- Block Exterior
- Stucco
- Adobe
Interior Spaces
- 4,614 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- ENERGY STAR Qualified Windows with Low Emissivity
- Living Room with Fireplace
- 3 Fireplaces
Kitchen
- Breakfast Bar
- Built-In Microwave
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary Bathroom is a Full Bathroom
- 6 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Eco-Friendly Details
- ENERGY STAR Qualified Equipment for Heating
Outdoor Features
- Private Pool
- Covered patio or porch
- Outdoor Fireplace
Schools
- Tavan Elementary School
- Ingleside Middle School
- Arcadia High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Tankless Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Gary Lyn Subdivision, Custom Floorplan
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 127-17-012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2023
Closed on
Nov 7, 2023
Sold by
J2g Holdings Llc
Bought by
Madden Michael and Madden Nichelle
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Joelle Addante
Compass
List Price
$3,099,000
Sold Price
$3,000,000
Premium/Discount to List
-$99,000
-3.19%
Total Days on Market
2
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$828,667
Avg. Annual Appreciation
-18.61%
Original Mortgage
$2,400,000
Outstanding Balance
$2,364,102
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
-$192,769
Purchase Details
Closed on
Jan 26, 2023
Sold by
Gregory Investments Llc
Bought by
J2g Holdings Llc
Purchase Details
Listed on
Feb 26, 2022
Closed on
Mar 17, 2022
Sold by
4015 N 40Th Place Llc
Bought by
Gregory Investments Llc
Seller's Agent
Mary Beth Smith
HomeSmart
Buyer's Agent
Brian Smith
HomeSmart
List Price
$725,000
Sold Price
$759,000
Premium/Discount to List
$34,000
4.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.88%
Purchase Details
Closed on
Jul 9, 2015
Sold by
General Ronald
Bought by
4015 N 40Th Place Llc
Purchase Details
Closed on
Apr 29, 2004
Sold by
General Ronald
Bought by
General Ronald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
7.5%
Mortgage Type
New Conventional
Similar Homes in Phoenix, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Madden Michael | $3,000,000 | Wfg National Title Insurance C | |
| J2g Holdings Llc | -- | -- | |
| Gregory Investments Llc | $759,000 | Old Republic Title | |
| 4015 N 40Th Place Llc | -- | None Available | |
| General Ronald | -- | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Madden Michael | $2,400,000 | |
| Previous Owner | General Ronald | $24,000 | |
| Previous Owner | General Ronald | $352,000 | |
| Previous Owner | General Ronald | $66,000 | |
| Previous Owner | General Ronald | $32,500 | |
| Previous Owner | General Ronald | $260,000 | |
| Previous Owner | General Ronald | $32,500 | |
| Previous Owner | General Ronald | $258,000 | |
| Previous Owner | General Ronald | $24,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2023 11/07/23 | Sold | $3,000,000 | -3.2% | $650 / Sq Ft |
| 10/28/2023 10/28/23 | Off Market | $3,099,000 | -- | -- |
| 10/20/2023 10/20/23 | Pending | -- | -- | -- |
| 10/17/2023 10/17/23 | For Sale | $3,099,000 | +308.3% | $672 / Sq Ft |
| 03/22/2022 03/22/22 | Sold | $759,000 | +4.7% | $401 / Sq Ft |
| 02/26/2022 02/26/22 | For Sale | $725,000 | -- | $383 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,184 | $33,776 | -- | -- |
| 2024 | $2,601 | $32,167 | -- | -- |
| 2023 | $2,601 | $54,770 | $10,950 | $43,820 |
| 2022 | $2,495 | $41,900 | $8,380 | $33,520 |
| 2021 | $2,586 | $37,770 | $7,550 | $30,220 |
| 2020 | $2,548 | $37,400 | $7,480 | $29,920 |
| 2019 | $2,452 | $35,920 | $7,180 | $28,740 |
| 2018 | $2,654 | $31,270 | $6,250 | $25,020 |
| 2017 | $1,970 | $30,080 | $6,010 | $24,070 |
| 2016 | $1,975 | $33,360 | $6,670 | $26,690 |
| 2015 | $1,816 | $32,200 | $6,440 | $25,760 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Joffe
Seller's Agent in 2023
Robert Joffe
Compass
(602) 989-8300
171 in this area
274 Total Sales
-
Jonah Joffe
Seller Co-Listing Agent in 2023
Jonah Joffe
Compass
(602) 626-0775
129 in this area
177 Total Sales
-
Joelle Addante
Buyer's Agent in 2023
Joelle Addante
Compass
(602) 790-6484
95 in this area
148 Total Sales
-
David Thayer
Buyer Co-Listing Agent in 2023
David Thayer
Compass
(646) 280-8158
57 in this area
111 Total Sales
-
Mary Beth Smith
Seller's Agent in 2022
Mary Beth Smith
HomeSmart
(602) 434-2900
6 in this area
52 Total Sales
-
Penny Proper
P
Seller Co-Listing Agent in 2022
Penny Proper
HomeSmart
(602) 430-7249
4 in this area
25 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6618754
APN: 127-17-012
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.
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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