NOT LISTED FOR SALE

Estimated Value: $804,478 - $951,000

3 Beds
3.5 Baths
2,177 Sq Ft
$418/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $585,000 $269 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,243/month

70 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Dual Vanity Sinks in Primary Bathroom
  • Tavan Elementary School Rated A
  • Double Pane Windows
  • Breakfast Bar

About This Home

As of November 2018

Gorgeous model home in the Arcadia area, only 3 left! Elegant 3 beds/ 3.5 baths PLUS an office, 11 ft ceilings, open kitchen and great room concept with wet bar, perfect for entertaining. Beautiful spacious kitchen with gas cook top, custom wood paneled refrigerator, and two toned cabinets. Two car garages, covered back patio, and small low maintenance PRIVATE BACKYARD. All Homes come with alarm systems. Houses are minimally attached at fireplace bump out & small powder bath wall with double wall AND 1 ft air gap. GREAT LOCK AND LEAVE PROPERTY and walking distance to many of the Arcadia hot spots! *See house #5 and #7 both available too, on lockbox.

Last Agent to Sell the Property

Rosie Derryberry

Real Broker License #SA551902000 Listed on: 08/14/2018

Real Broker

Co-Listed By

Lauren Ellington

Fathom Realty Elite License #SA542605000

Last Buyer's Agent

Lisa Goldman

Compass License #SA651032000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $337

Year Built

  • Built in 2018

Lot Details

  • 2,044 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Backyard Sprinklers

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Wood Frame Construction
  • Spray Foam Insulation
  • Built-Up Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,177 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Tavan Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

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

Community Details

  • Association fees include ground maintenance
  • 40Th St Residences Association, Phone Number (480) 820-1519
  • Built by Custom
  • 40Th Street Residences Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 127-17-116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$337

Year Built

Built in 2018

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Cross Street: 40th St & Indian School
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 190.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Tax Year: 2017
  • Directions: South on 40th St, property on the east side.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.05
  • Co List Office Mls Id: reax10
  • Co List Office Phone: 480-998-0676
  • Subdivision Name: 40TH STREET RESIDENCES
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 190.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 2177.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Sprinklers In Rear, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Complete Spec Home: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 190.0
  • Association Fee Frequency: Monthly
  • Association Name: 40th St Residences
  • Phone: 480-820-1519
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 188.5
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 40th St Residences
  • Association Fees:HOA Telephone4: (480) 820-1519
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Tavan Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2044.0
  • Parcel #: 127-17-116

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 337.0
  • Tax Book Number: 127.00
  • Tax Lot: 6
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2023
Sold by
Bakke Jonathan Robert
Bought by
Bakke Living Trust
Current Estimated Value
$910,870

Purchase Details

Listed on
Aug 14, 2018
Closed on
Nov 9, 2018
Sold by
Db Camelback Investments Llc
Bought by
Bakke Jonathan Robert
Seller's Agent
Rosie Derryberry
Real Broker
Buyer's Agent
Lisa Goldman
Compass
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$468,000
Interest Rate
4.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bakke Living Trust -- --
Bakke Jonathan Robert $585,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bakke Jonathan Robert $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $585,000 -6.4% $269 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $625,000 +6.8% $287 / Sq Ft
09/15/2018 09/15/18 Off Market $585,000 -- --
08/14/2018 08/14/18 For Sale $625,000 -- $287 / 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 $2,916 $42,888 -- --
2024 $2,828 $40,846 -- --
2023 $2,828 $66,610 $13,320 $53,290
2022 $2,725 $52,830 $10,560 $42,270
2021 $2,863 $49,780 $9,950 $39,830
2020 $2,818 $44,760 $8,950 $35,810
2019 $2,723 $44,450 $8,890 $35,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5806659

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-17-116