NOT LISTED FOR SALE

40903 N 1st Dr Phoenix, AZ 85003

Estimated Value: $802,000 - $846,000

4 Beds
2 Baths
2,311 Sq Ft
$360/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $332,000 $144 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $4,625/month

385 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • Granite Countertops
  • Desert Mountain Middle School Rated A-
  • Vaulted Ceiling
  • No HOA

About This Home

As of December 2014

THIS IS A NEW BUILD 4 BEDROOM, 2 BATH, TILE ROOF, OVERSIZE 3 CAR GARAGE, OPEN KITCHEN, GRANITE COUNTER TOPS, WALK IN PANTRY AND STAINLESS STEEL APPLIANCES. THE MASTER BATH HAS A SEPARATE TUB/SHOWER, DUAL SINKS WITH GRANITE VANITY TOP AND A WALK IN CLOSET. THERE ARE UPGRADED INTERIOR DOORS, OIL RUBBED HARDWARE, TU-TONE PAINT, CERAMIC TILE FLOORING IN ALL THE RIGHT PLACES, 2X6 CONSTRUCTION, LOW E DUAL PANE WINDOWS, FRONT AND REAR COVERED PATIOS AND A HUGE LAUNDRY ROOM. SEE ATTACHED FLOOR PLAN. ESTIMATED COMPLETION DATE IS APRIL 2014. WE HAVE OTHER NEW SPECS THRU OUT THE VALLEY WITH 3 & 4 CAR GARAGES

Last Agent to Sell the Property

Michael Cunningham

West USA Realty License #SA036973000 Listed on: 10/31/2013

West USA Realty

Last Buyer's Agent

Jason Penrose

eXp Realty License #BR518159000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 2014 | Under Construction

Lot Details

  • 1 Acre Lot
  • Desert faces the front and back of the property

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,311 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

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

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by DIAMANTE HOMES, INC
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 2
  • Assessor Parcel Number 211-73-008-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,400

Year Built

Built in 2014 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Cross Street: DESERT HILLS & 7TH AVE
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2014
  • Tax Year: 2013
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Subdivision Name: METES AND BOUNDS
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • General Property Description:PriceSqFt: 143.66
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2311.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, Extended Length Garage, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Shared Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Desert Mountain Elementary
  • High School: Boulder Creek 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: 43560.0
  • Parcel #: 211-73-008-B

Building Info

  • Builder Name: DIAMANTE HOMES, INC

Tax Info

  • Tax Annual Amount: 2400.0
  • 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
Aug 6, 2020
Sold by
Ferguson Andy A and Ferguson Joyce M
Bought by
Simms Jacob D and Simms Sheana L
Current Estimated Value
$818,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$278,906
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$552,970

Purchase Details

Listed on
Oct 31, 2013
Closed on
Dec 11, 2014
Sold by
Diamante Homes Inc
Bought by
Ferguson Andy A and Ferguson Joyce M
Seller's Agent
Michael Cunningham
West USA Realty
Buyer's Agent
Jason Penrose
eXp Realty
List Price
$378,900
Sold Price
$332,000
Premium/Discount to List
-$46,900
-12.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$267,000
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Listed on
Oct 31, 2013
Closed on
Dec 3, 2014
Sold by
Az Re Ventures Llc
Bought by
Diamante Homes Inc
Seller's Agent
Michael Cunningham
West USA Realty
Buyer's Agent
Jason Penrose
eXp Realty
List Price
$378,900
Sold Price
$332,000
Premium/Discount to List
-$46,900
-12.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
3.95%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simms Jacob D $515,000 First American Title Ins Co
Ferguson Andy A $332,000 Security Title Agency
Diamante Homes Inc -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simms Jacob D $315,000
Previous Owner Ferguson Andy A $267,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2014 12/12/14 Sold $332,000 -0.3% $144 / Sq Ft
11/20/2014 11/20/14 Pending -- -- --
10/23/2014 10/23/14 Price Changed $332,900 -0.6% $144 / Sq Ft
09/03/2014 09/03/14 Price Changed $334,900 -2.9% $145 / Sq Ft
06/30/2014 06/30/14 Price Changed $344,900 -1.4% $149 / Sq Ft
04/26/2014 04/26/14 Price Changed $349,900 -1.4% $151 / Sq Ft
03/06/2014 03/06/14 Price Changed $354,900 -2.5% $154 / Sq Ft
02/26/2014 02/26/14 Price Changed $363,900 -4.0% $157 / Sq Ft
10/31/2013 10/31/13 For Sale $378,900 -- $164 / 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 $3,894 $37,392 -- --
2024 $3,627 $35,611 -- --
2023 $3,627 $58,860 $11,770 $47,090
2022 $3,487 $43,620 $8,720 $34,900
2021 $3,598 $41,730 $8,340 $33,390
2020 $3,520 $40,360 $8,070 $32,290
2019 $3,406 $39,300 $7,860 $31,440
2018 $3,283 $37,620 $7,520 $30,100
2017 $3,222 $35,100 $7,020 $28,080
2016 $2,903 $32,720 $6,540 $26,180
2015 $2,705 $29,430 $5,880 $23,550
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michael Cunningham

    West USA Realty

    (602) 989-1904

    132 Total Sales

    Michael Cunningham
    Section Image
  • Jason Penrose

    Buyer's Agent in 2014

    Jason Penrose

    eXp Realty

    (602) 738-9943

    5 in this area

    708 Total Sales

    Jason Penrose
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5023767

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-73-008B

Arizona Maricopa County Phoenix 85003

40903 N 1st Dr, Phoenix, AZ

Not Listed for Sale

Detached

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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