NOT LISTED FOR SALE

40720 N Central Ave Phoenix, AZ 85086

Estimated Value: $689,000 - $834,000

3 Beds
2 Baths
2,160 Sq Ft
$349/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $299,000 $138 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $4,307/month

2 Days on Market

Highlights

  • RV Gated
  • Mountain View
  • Santa Fe Architecture
  • Desert Mountain Middle School Rated A-
  • Wood Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of March 2014

Beautiful horse property 3/2 custom home built in 2005 on an acre lot in a quiet cul-de-sac in very desirable Desert Hills. Three car garage. Block wall around rear of property. Ride your off road vehicles and horses right out of your yard to the nearby State Land. Easy access to the rear yard thru large 20 foot rolling metal gates located on each side of the house. Soft water loop, plumbed for vacuum system and security. Wood shutters on all windows.
Seller would prefer a Lease Purchase or an Agreement for sale.

Last Agent to Sell the Property

Kenneth Alakel

Diamondcrest Realty License #BR044084000 Listed on: 02/28/2014

Last Buyer's Agent

Brett Gilliland

HomeSmart License #SA649104000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,323

Year Built

  • Built in 2004

Lot Details

  • 1 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Backyard Sprinklers

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Circular Driveway
  • RV Gated

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Mountain Views
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Schools

  • Desert Mountain Elementary School
  • Desert Mountain Middle School
  • Boulder Creek High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Shared Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Built by Jenson Builders
  • Desert Hills Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 211-73-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,323

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Carefree Highway and 7th Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • 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: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2013
  • Directions: Carefree Highway to 7th Av, N to Saddle Mountain Rd, E to Central, N on Central..after a few hundred feet Central will turn to the left then property will be up on the right. (DIRT ROAD ALERT!)
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.0
  • Subdivision Name: DESERT HILLS
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, 9+ Flat Ceilings, Central Vacuum, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Granite Counters
  • Living Area: 2160.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wall Oven(s): Yes

Exterior Features

  • Fencing: Block, Concrete Panel
  • Exterior Features: Circular Drive
  • Lot Features: Sprinklers In Rear, Natural Desert Back, Dirt Front, Dirt Back, Natural Desert Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Other, See Remarks
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Circular Drive: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, Extnded Lngth Garage, RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Extnded Lngth Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: Shared Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Other
  • 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

Schools

  • Elementary School: Desert Mountain Elementary
  • High School: Boulder Creek High School
  • Middle Or Junior School: Desert Mountain School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 211-73-140
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Jenson Builders

Tax Info

  • Tax Annual Amount: 2322.6
  • Tax Book Number: 211.00
  • Tax Lot: 2
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2016
Sold by
Gilliland Brett T
Bought by
Gilliland Brett T and Gilliland Jessica M
Current Estimated Value
$753,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$222,644
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$530,961

Purchase Details

Listed on
Feb 28, 2014
Closed on
Mar 3, 2014
Sold by
Rattay Kevin J
Bought by
Gilliland Brett T
Seller's Agent
Kenneth Alakel
Diamondcrest Realty
Buyer's Agent
Brett Gilliland
HomeSmart
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$284,050
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2011
Closed on
Feb 16, 2012
Sold by
Coak Jennifer S
Bought by
Rattay Kevin J
Seller's Agent
Judith Traynor
HomeSmart
Buyer's Agent
Kenneth Alakel
Diamondcrest Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.72%
Original Mortgage
$213,750
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2005
Sold by
Jensen Builders Inc
Bought by
Coak Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2004
Sold by
Zerbib Michael F
Bought by
Jensen Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,900
Interest Rate
5.79%
Mortgage Type
Construction
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
Gilliland Brett T -- Pioneer Title Agency Inc
Gilliland Brett T $299,000 First American Title Ins Co
Rattay Kevin J $225,000 Security Title Agency
Coak Jennifer S $323,000 Grand Canyon Title Agency In
Jensen Jason -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilliland Brett T $280,000
Closed Gilliland Brett T $284,050
Previous Owner Rattay Kevin J $213,750
Previous Owner Coak Jennifer S $258,400
Previous Owner Jensen Jason $214,900
Closed Jensen Jason $100,000
Closed Coak Jennifer S $64,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2014 03/31/14 Sold $299,000 0.0% $138 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $299,000 +32.9% $138 / Sq Ft
03/06/2012 03/06/12 Sold $225,000 0.0% $104 / Sq Ft View Prior Sale
01/31/2012 01/31/12 For Sale $225,000 0.0% $104 / Sq Ft
01/31/2012 01/31/12 Price Changed $225,000 -6.3% $104 / Sq Ft
01/09/2012 01/09/12 Pending -- -- --
12/19/2011 12/19/11 Price Changed $240,000 +6.7% $111 / Sq Ft
12/16/2011 12/16/11 For Sale $225,000 0.0% $104 / Sq Ft
11/16/2011 11/16/11 Pending -- -- --
11/15/2011 11/15/11 For Sale $225,000 0.0% $104 / Sq Ft
10/27/2011 10/27/11 For Sale $225,000 -- $104 / 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 $3,733 $36,423 -- --
2024 $3,533 $34,689 -- --
2023 $3,533 $50,160 $10,030 $40,130
2022 $3,396 $37,380 $7,470 $29,910
2021 $3,505 $35,860 $7,170 $28,690
2020 $3,429 $34,410 $6,880 $27,530
2019 $3,317 $32,780 $6,550 $26,230
2018 $3,198 $31,350 $6,270 $25,080
2017 $4,070 $29,170 $5,830 $23,340
2016 $2,847 $28,980 $5,790 $23,190
2015 $2,635 $26,250 $5,250 $21,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5076606

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-73-140