NOT LISTED FOR SALE

40912 W Portis Dr Maricopa, AZ 85138

Estimated Value: $370,000 - $401,000

4 Beds
3.5 Baths
2,750 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 17, 2024

Last sale price $386,000 $140 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,370/month

33 Days on Market

Highlights

  • Granite Countertops
  • Fireplace
  • Double Pane Windows
  • 2 Car Direct Access Garage
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of September 2024

This home is a true standout with an array of upgrades! Situated on a premium lot with north/south exposure, it offers privacy with no neighbors to the east. Upon entering, you'll be welcomed by an abundance of natural light. The expansive kitchen features an oversized solid granite island and elegant cabinetry. The lower level has tile flooring in high-traffic areas. The 4th bedroom has been converted into a mother-in-law suite with a private bath. A spacious loft adds to the home's generous living space. The primary bedroom boasts two private closets and an upgraded walk-in shower. The backyard is a serene oasis, complete with an extended patio, low-maintenance artificial turf, and a fire pit.

Last Agent to Sell the Property

Eric Brossart

Keller Williams Realty Phoenix License #SA662931000 Listed on: 07/10/2024

Keller Williams Realty Phoenix

Last Buyer's Agent

Ashley Luther

My Home Group Real Estate License #SA699270000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 2016

Lot Details

  • 5,041 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

  • Multiple Entries or Exits

Outdoor Features

  • Patio
  • Fire Pit

Schools

  • Saddleback Elementary School
  • Desert Wind Middle School
  • Maricopa High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 512-39-460

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Passage Association, Phone Number (480) 813-6788
  • Built by KB Homes
  • Smith Farms Parcel 1 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,330

Year Built

Built in 2016

Lot Details

0

HOA Fees

$102 per month

Parking

2

Listing Details

  • Cross Street: Porter & Bowlin
  • Legal Info Range: 03E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 102.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2016
  • Tax Year: 2023
  • Directions: NE Corner of Porter and Bowlin. N on Smith Farms Cir. W on Catherine Dr. W on Portis
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: SMITH FARMS PARCEL 1
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 102.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Accessibility Features: Mltpl Entries/Exits
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 2750.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Fee: 102.0
  • Association Fee Frequency: Monthly
  • Association Name: Desert Passage
  • Phone: 480-813-6788
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Desert Passage
  • Association Fees:HOA Telephone4: 4808136788
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 306.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 204.0
  • Association Fees:Disclosure Fees HOA: 225.0
  • Association Fees:Other Fees HOA: 182.0
  • Association Fees:Other Fees Description: Capital Reserve
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Saddleback Elementary School
  • High School: Maricopa High School
  • Junior High Dist: Maricopa Unified School District
  • Middle Or Junior School: Desert Wind Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5041.0
  • Parcel #: 512-39-460

Building Info

  • Builder Name: KB Homes

Tax Info

  • Tax Annual Amount: 3330.0
  • Tax Book Number: 512.00
  • Tax Lot: 68
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 28, 2024
Sold by
Pagaya Smartresi F1 Fund Property Owner
Bought by
Benitez Stephanie Ann
Seller's Agent
Eric Brossart
Keller Williams Realty Phoenix
Buyer's Agent
Ashley Luther
My Home Group Real Estate
List Price
$410,000
Sold Price
$386,000
Premium/Discount to List
-$24,000
-5.85%
Views
12
Current Estimated Value
$379,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,033
Avg. Annual Appreciation
-1.42%
Original Mortgage
$372,405
Outstanding Balance
$368,421
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$11,546

Purchase Details

Closed on
Aug 11, 2022
Sold by
Pagaya Smartresi F1 Fund Property Owner
Bought by
Pagaya Smartresi F1 Fund Property Owner Iv Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,198,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2021
Closed on
Sep 8, 2021
Sold by
Smallwood Kiel
Bought by
Pagaya Smartresi Fl Fund Prop Owner Ii L
Seller's Agent
Caitlin Cullipher
Real Broker
Buyer's Agent
Daniel Noma
Easy Street Offers Arizona LLC
List Price
$410,000
Sold Price
$403,100
Premium/Discount to List
-$6,900
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.43%

Purchase Details

Closed on
Nov 10, 2016
Sold by
Kb Home Sales Phoenix Inc
Bought by
Smallwood Kiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,763
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2016
Sold by
Kb Home Phoenix Llc
Bought by
Kb Home Sales Phoenix Inc
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
Benitez Stephanie Ann $386,000 Os National
Pagaya Smartresi F1 Fund Property Owner Iv Ll -- Os National
Pagaya Smartresi Fl Fund Prop Owner Ii L $403,100 Fidelity Natl Ttl Agcy Inc
Smallwood Kiel $203,449 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benitez Stephanie Ann $372,405
Previous Owner Pagaya Smartresi F1 Fund Property Owner Iv Ll $249,198,000
Previous Owner Smallwood Kiel $199,763
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2024 09/17/24 Sold $386,000 0.0% $140 / Sq Ft
08/08/2024 08/08/24 Price Changed $386,000 -3.0% $140 / Sq Ft
07/30/2024 07/30/24 Price Changed $398,000 -2.9% $145 / Sq Ft
07/10/2024 07/10/24 For Sale $410,000 +1.7% $149 / Sq Ft
09/14/2021 09/14/21 Sold $403,100 +0.8% $147 / Sq Ft View Prior Sale
08/02/2021 08/02/21 Price Changed $399,990 -2.4% $145 / Sq Ft
07/24/2021 07/24/21 For Sale $410,000 0.0% $149 / Sq Ft
05/14/2018 05/14/18 Rented $1,490 0.0% --
05/06/2018 05/06/18 Under Contract -- -- --
05/03/2018 05/03/18 Price Changed $1,490 -3.9% $1 / Sq Ft
04/25/2018 04/25/18 For Rent $1,550 -- --
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 $3,297 $31,732 -- --
2024 $2,986 $38,277 -- --
2023 $3,330 $32,028 $5,227 $26,801
2022 $2,986 $24,173 $3,659 $20,514
2021 $2,168 $19,895 $0 $0
2020 $2,070 $18,686 $0 $0
2019 $1,990 $16,938 $0 $0
2018 $1,964 $15,728 $0 $0
2017 $108 $560 $0 $0
2016 $99 $560 $560 $0
2014 -- $448 $448 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6729454

Arizona Regional Multiple Listing Service (ARMLS)

APN: 512-39-460