$945,000
SOLD OCT 5, 2023
3 Beds
3.5 Baths
2,252 Sq Ft
2,169 Sq Ft Lot

Recently Sold

$420 Per Sq Ft

3% Below List Price

12 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Double Pane Windows
  • Tavan Elementary School Rated A
  • Covered patio or porch
  • Wet Bar

About This Home

As of October 2023

*RARE newer build in 85018 in prime Arcadia location UNDER $1 mil. Beautiful model home like interior featuring 3 beds/ 3.5 baths PLUS an office. Light, bright, and open w/ 11 ft ceilings & hardwood floors. Open kitchen to great room concept, & walk behind wet bar & wine fridge, perfect for entertaining. Beautiful spacious kitchen with gas cooktop & lots of storage. Master suite w/ walk in closet w/ storage, double sinks, drop down vanity, & private toilet room. Spray foam insulation, alarm system, two car garage, covered back patio, & low maintenance PRIVATE BACKYARD. House is minimally attached only at fireplace bump out wall with 1 ft air gap. GREAT LOCK & LEAVE PROPERTY if you are seeking a full-time residence or a vacation retreat.

Last Agent to Sell the Property

Rosie Derryberry

RETSY License #SA551902000 Listed on: 08/06/2023

Last Buyer's Agent

Holly Henbest

Realty ONE Group License #SA574028000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,839

Year Built

  • Built in 2018

Lot Details

  • 2,169 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Corner Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Wood Frame Construction
  • Spray Foam Insulation
  • Composition Roof

Interior Spaces

  • 2,252 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace

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, street maintenance
  • 40Th St Residences Association, Phone Number (602) 926-1309
  • Built by Custom
  • 40Th Street Residences Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 127-17-118

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,839

Year Built

Built in 2018

Lot Details

0

HOA Fees

$150 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: 150.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Tax Year: 2022
  • Directions: South on 40th St, property on the east side.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: 40TH STREET RESIDENCES
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 150.0
  • 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: VirtualTour

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, Wet Bar, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 2252.0
  • 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: Corner Lot, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Spray Foam Insulation, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): 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
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association Name: 40th St Residences
  • Phone: 602-926-1309
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 40th St Residences
  • Association Fees:HOA Telephone4: 602-926-1309
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Prepaid Association Fees HOA: 300.0
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fees:Other Fees HOA: 300.0
  • Association Fees:Other Fees Description: Reserve Fee Fund
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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: 2169.0
  • Parcel #: 127-17-118

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 2839.0
  • Tax Book Number: 127.00
  • Tax Lot: 8
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2023
Closed on
Oct 5, 2023
Sold by
Thompson Riley C
Bought by
Johnson Renard U
Seller's Agent
Rosie Derryberry
RETSY
Buyer's Agent
Holly Henbest
Realty ONE Group
List Price
$975,000
Sold Price
$945,000
Premium/Discount to List
-$30,000
-3.08%
Views
25
Current Estimated Value
$943,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,561
Avg. Annual Appreciation
1.21%
Original Mortgage
$756,000
Outstanding Balance
$744,778
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$221,146

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jun 26, 2018
Sold by
Db Camelback Investments Llc
Bought by
Thompson Riley C
Seller's Agent
Rosie Derryberry
Real Broker
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$612,000
Sold Price
$612,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $945,000 Chicago Title Agency
Warranty Deed $612,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $756,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $945,000 -3.1% $420 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
08/19/2023 08/19/23 Off Market $975,000 -- --
08/07/2023 08/07/23 For Sale $975,000 +59.3% $433 / Sq Ft
07/27/2018 07/27/18 Sold $612,000 0.0% $265 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $612,000 -- $265 / 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 $3,512 $44,683 -- --
2024 $2,946 $42,555 -- --
2023 $2,946 $69,380 $13,870 $55,510
2022 $2,839 $54,850 $10,970 $43,880
2021 $2,983 $51,860 $10,370 $41,490
2020 $2,936 $46,620 $9,320 $37,300
2019 $2,837 $46,310 $9,260 $37,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6589350

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-17-118