NOT LISTED FOR SALE

4022 N 40th Place Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $1,115,000 - $1,687,000

4 Beds
3.5 Baths
3,016 Sq Ft
$508/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $1,225,000 $406 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,910/month

3 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Eat-In Kitchen
  • Tavan Elementary School Rated A
  • Covered patio or porch
  • Double Pane Windows

About This Home

As of May 2021

Newly built home located in the heart of Arcadia. This newly built home has been gently lived in and is ready for you!! This 4 bedroom, 3.5 bath home plus bonus room/den/game room provides you the comfort of space with each bedroom feeling like you have your own wing. Open main living area to gourmet kitchen with 48'' Thermador range, Electrolux built-in fridge & freezer, white shaker cabinets, large island with farmhouse sink, quartz counter tops, banquette seating area and walk-in pantry. Large master suite with standalone soaker tub, dual vanity and large walk in shower. Upgraded Andersen windows and window covering throughout. Extended sliding glass doors open to covered paver patio with grassy yard and mature landscaping. Inviting entry with courtyard pavers.

Last Agent to Sell the Property

Jamie Wong

RE/MAX Fine Properties License #BR510137000 Listed on: 04/02/2021

RE/MAX Fine Properties

Last Buyer's Agent

Tam Truong

REALTY ONE GROUP AZ License #SA634068000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,617

Year Built

  • Built in 2018

Lot Details

  • 9,303 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Spray Foam Insulation
  • Composition Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,016 Sq Ft Home
  • 1-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 Leased

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Monarch Contracting LLC
  • Gary Lyn Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 127-17-007-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,617

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 44th Street and Indian School
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Tax Year: 2020
  • Directions: East on Indian School to 40th Place. South on 40th Place. Home is on right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: GARY LYN
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 3016.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Built In Recycling: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Stucco, Frame - Wood, Spray Foam Insulation
  • Roof: Composition, Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Electric
  • Security: Security System Leased
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Not Managed
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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: 9303.0
  • Parcel #: 127-17-007-B
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Monarch Contracting LLC

Tax Info

  • Tax Annual Amount: 3617.0
  • 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 14, 2023
Sold by
Vecchia Erin Reitz
Bought by
Reitz-Vecchia Family Trust
Total Days on Market
3
Current Estimated Value
$1,531,654

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 16, 2021
Sold by
Vecchia Paul
Bought by
Vecchia Erin Reitz
Seller's Agent
Jamie Wong
RE/MAX Fine Properties
Buyer's Agent
Tam Truong
REALTY ONE GROUP AZ
List Price
$1,175,000
Sold Price
$1,225,000
Premium/Discount to List
$50,000
4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$857,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 14, 2021
Sold by
Balderrama Adrian V and Adrian V Balderrama Living Tru
Bought by
Vecchia Erin Reitz
Seller's Agent
Jamie Wong
RE/MAX Fine Properties
Buyer's Agent
Tam Truong
REALTY ONE GROUP AZ
List Price
$1,175,000
Sold Price
$1,225,000
Premium/Discount to List
$50,000
4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2019
Sold by
Balderrama Adrian V
Bought by
Balderrama Adrian V and Adrian V Balderrama Living Tru

Purchase Details

Listed on
Aug 16, 2018
Closed on
Jan 20, 2019
Sold by
Balderrama Stephanie M and Balderrama Adrian V
Bought by
Balderrama Adrian V and Balderrama Stephanie M
Seller's Agent
Marc Nassos
Compass
Buyer's Agent
Jamie Wong
RE/MAX Fine Properties
List Price
$949,000
Sold Price
$900,000
Premium/Discount to List
-$49,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Original Mortgage
$720,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 16, 2018
Closed on
Jan 7, 2019
Sold by
4020 40Th Llc
Bought by
Balderrama Adrian V
Seller's Agent
Marc Nassos
Compass
Buyer's Agent
Jamie Wong
RE/MAX Fine Properties
List Price
$949,000
Sold Price
$900,000
Premium/Discount to List
-$49,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 8, 2017
Sold by
3 Dog Lending Llc
Bought by
3 Dog Lending Llc

Purchase Details

Closed on
Nov 16, 2001
Sold by
3 Dog Lending Llc
Bought by
4020 40Th Llc
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 Buyer Sale Price Title Company
Reitz-Vecchia Family Trust -- --
Vecchia Erin Reitz -- Clear Ttl Agcy Of Flagstaff
Vecchia Erin Reitz $1,225,000 Clear Ttl Agcy Of Flagstaff
Balderrama Adrian V -- None Available
Balderrama Adrian V -- Clear Title Agency Of Arizon
Balderrama Adrian V $900,000 Carefree Title Agency Llc
3 Dog Lending Llc -- None Available
4020 40Th Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vecchia Erin Reitz $854,200
Previous Owner Vecchia Erin Reitz $857,500
Previous Owner Balderrama Adrian V $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $1,225,000 +4.3% $406 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $1,175,000 +30.6% $390 / Sq Ft
01/31/2019 01/31/19 Sold $900,000 -3.1% $299 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
11/15/2018 11/15/18 Price Changed $929,000 -1.1% $309 / Sq Ft
11/02/2018 11/02/18 Price Changed $939,000 -0.5% $312 / Sq Ft
10/18/2018 10/18/18 Price Changed $944,000 -0.5% $314 / Sq Ft
08/16/2018 08/16/18 For Sale $949,000 -- $316 / 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 $3,744 $55,056 -- --
2024 $3,640 $52,434 -- --
2023 $3,640 $83,850 $16,890 $66,960
2022 $3,498 $68,930 $13,880 $55,050
2021 $3,676 $63,330 $12,750 $50,580
2020 $3,617 $62,620 $12,610 $50,010
2019 $3,495 $57,060 $11,490 $45,570
Source: Public Records

Agents Affiliated with this Home

  • Jamie Wong

    Seller's Agent in 2021

    Jamie Wong

    RE/MAX

    (480) 688-8808

    10 in this area

    226 Total Sales

    Jamie Wong
    Section Image
  • Tam Truong

    Buyer's Agent in 2021

    Tam Truong

    REALTY ONE GROUP AZ

    (480) 321-8100

    1 in this area

    34 Total Sales

    Tam Truong
    Section Image
  • Marc Nassos

    Seller's Agent in 2019

    Marc Nassos

    Compass

    (602) 750-0705

    3 in this area

    3 Total Sales

    Marc Nassos
    Section Image

  • J

    Buyer's Agent in 2019

    Jamie L Wong

    RE/MAX

  • J

    Buyer's Agent in 2019

    Jaime L Shurts

    RE/MAX

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6215954

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-17-007B

Arizona Maricopa County Phoenix 85018 Camelback East Village

4022 N 40th Place, Phoenix, AZ

This home is located at 4022 N 40th Place, Phoenix, AZ 85018 since 02 April 2021 and is currently estimated at $1,531,654, approximately $507 per square foot. This property was built in 2018. 4022 N 40th Place is a home located in Maricopa County with nearby schools including Tavan Elementary School, Ingleside Middle School, and Arcadia High School.

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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