NOT LISTED FOR SALE

40724 N Central Ave Phoenix, AZ 85086

Estimated Value: $831,521 - $929,000

4 Beds
2 Baths
2,628 Sq Ft
$329/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $720,000 $274 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,195/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • Above Ground Pool
  • Mountain View
  • Desert Mountain Middle School Rated A-
  • RV Gated
  • Vaulted Ceiling

About This Home

As of October 2021

Beautiful custom home on over an acre of land. Surrounded by Preserve, with stunning views. This 4 bedroom, 2 bath has a bonus room with a separate entrance. Beautiful tall ceilings with granite countertops, custom cabinets, new tile flooring, baseboards, central vacuum, dual pane windows, water softener, wood shutters & new carpet are just a few of the recent upgrades. The backyard is made for entertaining with a large RV gate, built-in BBQ, fire pit with seating and low-maintenance artificial grass. Above ground-pool, washer, dryer and fridge all convey. NO HOA!! You won't want to miss this beautiful home!

Last Agent to Sell the Property

Rebecca Rasmussen

Denman Realty Group, L.L.C License #SA688718000 Listed on: 09/24/2021

Last Buyer's Agent

Karen Nychay

Russ Lyon Sotheby's International Realty License #BR645090000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,264

Year Built

  • Built in 2004

Lot Details

  • 1 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Backyard Sprinklers
  • Private Yard

Parking

  • 2 Car Garage
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,628 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Double Pane Windows
  • Solar Screens
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Above Ground Pool
  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue

Schools

  • Desert Mountain Elementary School
  • Desert Mountain Middle School
  • Desert Mountain High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating Available
  • Shared Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Custom Home Subdivision

Listing and Financial Details

  • Assessor Parcel Number 211-73-136

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,264

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 7th Ave & Saddle Mountain
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2018
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Tax Year: 2021
  • Directions: Turn left down the private drive, the house is the first home on the right. Front door faces west.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Subdivision Name: Custom Home
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Fire Pit, Living Room, None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Central Vacuum, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Granite Counters
  • Living Area: 2628.0
  • Stories: 1
  • Window Features: Skylight(s), Solar Screens, Dual Pane
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Corner Lot, Desert Back, Desert Front, Synthetic Grass Back
  • Pool Features: Above Ground
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Shared Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: Desert Mountain Elementary
  • High School: Desert Mountain High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Desert Mountain School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43772.0
  • Parcel #: 211-73-136
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 4264.0
  • Tax Book Number: 211.00
  • Tax Lot: 0
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Sep 29, 2021
Sold by
Lumley Kathryn Lynne
Bought by
Dorsey Kendra and Dorsey Lawrence
Seller's Agent
Rebecca Rasmussen
Denman Realty Group, L.L.C
Buyer's Agent
Karen Nychay
Russ Lyon Sotheby's International Realty
List Price
$719,000
Sold Price
$720,000
Premium/Discount to List
$1,000
0.14%
Current Estimated Value
$863,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,630
Avg. Annual Appreciation
5.12%
Original Mortgage
$612,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2021
Sold by
Lumley Ian Donald and Lumley Kathryn Lynne
Bought by
Lumley Kathryn Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2015
Sold by
Lumley Ian D and Lumley Kathryn L
Bought by
Lumley Ian Donald and Lumley Kathryn Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2012
Sold by
Brockbank Maria
Bought by
Lumley Ian D and Lumley Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2011
Sold by
Fattu David C and Fattu Nichole
Bought by
Brockbank Maria

Purchase Details

Closed on
Jun 13, 2005
Sold by
Jensen Builders Inc
Bought by
Fattu David C and Fattu Nicole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,400
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2004
Sold by
Jensen Jason
Bought by
Jensen Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 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
$100,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2003
Sold by
Yacoub Mannah D and Yacoub Donna M
Bought by
Main Stay Investments 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
Dorsey Kendra $720,000 First American Title Ins Co
Lumley Kathryn Lynne -- Ez Title Agency
Lumley Ian Donald -- Driggs Title Agency Inc
Lumley Ian D $250,000 Security Title Agency
Brockbank Maria $212,000 Security Title Agency
Fattu David C $439,900 Grand Canyon Title Agency In
Jensen Builders Inc -- Grand Canyon Title Agency In
Jensen Jason $100,000 Grand Canyon Title Agency In
Main Stay Investments Llc $270,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dorsey Kendra $620,345
Closed Dorsey Kendra $612,000
Previous Owner Lumley Kathryn Lynne $412,000
Previous Owner Lumley Ian Donald $328,500
Previous Owner Lumley Ian Donald $276,000
Previous Owner Lumley Ian D $237,500
Previous Owner Fattu David C $120,000
Previous Owner Fattu David C $87,800
Previous Owner Fattu David C $401,400
Previous Owner Jensen Builders Inc $100,000
Previous Owner Jensen Jason $214,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $720,000 +0.1% $274 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $719,000 -- $274 / 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 $4,605 $44,231 -- --
2024 $4,354 $42,125 -- --
2023 $4,354 $52,750 $10,550 $42,200
2022 $4,179 $39,970 $7,990 $31,980
2021 $4,264 $38,330 $7,660 $30,670
2020 $4,165 $36,720 $7,340 $29,380
2019 $4,028 $34,960 $6,990 $27,970
2018 $3,883 $33,520 $6,700 $26,820
2017 $3,811 $35,160 $7,030 $28,130
2016 $3,434 $34,230 $6,840 $27,390
2015 $3,200 $30,950 $6,190 $24,760
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rebecca Rasmussen

    Denman Realty Group, L.L.C

    (480) 201-8449

    1 in this area

    19 Total Sales

    Rebecca Rasmussen
    Section Image
  • Karen Nychay

    Buyer's Agent in 2021

    Karen Nychay

    Russ Lyon Sotheby's International Realty

    (480) 585-7070

    1 in this area

    34 Total Sales

    Karen Nychay
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6296609

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-73-136

Arizona Maricopa County Phoenix 85086

40724 N Central Ave, Phoenix, AZ

This home is located at 40724 N Central Ave, Phoenix, AZ 85086 since 24 September 2021 and is currently estimated at $863,630, approximately $328 per square foot. This property was built in 2004. 40724 N Central Ave is a home located in Maricopa County with nearby schools including Desert Mountain Middle School and Boulder Creek 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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