NOT LISTED FOR SALE

40924 N 3rd Ave Phoenix, AZ 85086

Estimated Value: $859,000 - $1,355,000

5 Beds
3.5 Baths
3,877 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $1,000,000 $258 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,017/month

13 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • Mountain View
  • Desert Mountain Middle School Rated A-
  • RV Gated
  • Wood Flooring

About This Home

As of July 2021

Absolutely stunning custom built basement home located on 1.24 acres in Desert Hills. Entering through the beautiful courtyard you will find this home warm and inviting from the moment you walk in the front door. This home features a gourmet kitchen with beautiful granite countertops, kitchen island, double ovens and walk in pantry. Looking out through the main living room you will see your own personal backyard resort to relax and entertain in! HUGE Pool, spa, oversized patio, gazebo with barstools, tv's, fire-pit, outdoor kitchen and lounge area will allow for you to enjoy the amazing sunsets and mountain views from the undeveloped trust land behind the property.
Back yard also includes a sports court, two RV gates for plenty of parking and don't forget there is room for the horses! Back inside, this home also features a great basement area that includes a large rec room, two additional bedrooms and a full bathroom. And just wait until you see the Master Suite with a HUGE bathroom, walk in shower, jetted tub and massive walk-in closet. You will fall in love with all of the finishing touches through this entire home, too many details to mention!!! Schedule your showing today, this one will go quick!!

Last Agent to Sell the Property

Jamie Orr

Real Broker License #SA657127000 Listed on: 06/19/2021

Real Broker

Last Buyer's Agent

Ronda Cronin

Compass License #SA041232000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,812

Year Built

  • Built in 2005

Lot Details

  • 1.24 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Gated

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,877 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Mountain Views
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Covered patio or porch
  • Built-In Barbecue

Schools

  • Desert Mountain Middle School
  • Boulder Creek High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Shared Well
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 211-73-005-B

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by NBI BUILDERS
  • Basement Home..North Of Desert Hills Subdivision

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,812

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 7TH AVE & W DESERT HILLS DR
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: CAREFREE TO 7TH AVE, NORTH TO SADDLE MOUNTAIN, RIGHT TO THIRD AVE, NORTH TO END OF ROAD, LEFT TO 40924
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.24
  • Subdivision Name: BASEMENT HOME..NORTH OF DESERT HILLS
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • ResoBuildingAreaSource: Assessor
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished
  • Flooring: Tile, Wood
  • Basement YN: Yes
  • Spa Features: Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Central Vacuum, Soft Water Loop, Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 3877.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Sport Court(s), Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Natural Desert Back, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Synthetic Stucco, Wood Frame, Stucco
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener, Extended Length Garage, Circular Driveway, Attch'd Gar Cabinets, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Utilities: Propane
  • 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

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

  • 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: 54120.0
  • Parcel #: 211-73-005-B
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: NBI BUILDERS

Tax Info

  • Tax Annual Amount: 6812.0
  • Tax Book Number: 211.00
  • Tax Lot: 000
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Jul 20, 2021
Sold by
Steffes Kim
Bought by
Williams Tim and Williams Tara
Seller's Agent
Jamie Orr
Real Broker
Buyer's Agent
Ronda Cronin
Compass
List Price
$1,049,000
Sold Price
$1,000,000
Premium/Discount to List
-$49,000
-4.67%
Current Estimated Value
$1,204,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,289
Avg. Annual Appreciation
4.88%
Original Mortgage
$800,000
Outstanding Balance
$732,756
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$471,533

Purchase Details

Listed on
Sep 2, 2011
Closed on
Feb 24, 2012
Sold by
Steffes Trevor
Bought by
Steffes Kim
Seller's Agent
Michael Douville
West USA Realty
Buyer's Agent
Elizabeth Grewell
DPR Realty LLC
List Price
$365,000
Sold Price
$363,000
Premium/Discount to List
-$2,000
-0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Original Mortgage
$349,712
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2008
Sold by
Lasalle Bank Na
Bought by
King David A and King Diane F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 20, 2008
Sold by
Bonanno Heather
Bought by
Lasalle Bank Na and Ownit Mortgage Loan Trust Mortgage Loan

Purchase Details

Closed on
Aug 2, 2006
Sold by
White Jesse L and White Joey L
Bought by
Bonanno Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,250
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 20, 2001
Sold by
Rockaway 3Rd Partners
Bought by
White Jesse L and Riddle Joey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,125
Interest Rate
7.14%
Mortgage Type
New Conventional
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
Williams Tim $1,000,000 Chicago Title Agency
Steffes Kim -- Chicago Title
Steffes Kim $363,000 Chicago Title
King David A $535,000 Lawyers Title Insurance Corp
Lasalle Bank Na $514,211 None Available
Bonanno Heather L $925,000 Ticor Title Agency Of Az Inc
White Jesse L $61,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Timothy $417,480
Open Williams Tim $800,000
Previous Owner Steffes Kim $349,712
Previous Owner King David A $29,000
Previous Owner King David A $417,000
Previous Owner Bonanno Heather L $231,250
Previous Owner Bonanno Heather $693,750
Previous Owner White Jesse L $340,000
Previous Owner White Jesse L $46,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $1,000,000 -4.7% $258 / Sq Ft
06/17/2021 06/17/21 For Sale $1,049,000 +189.0% $271 / Sq Ft
02/27/2012 02/27/12 Sold $363,000 0.0% $94 / Sq Ft
02/21/2012 02/21/12 Off Market $363,000 -- --
02/13/2012 02/13/12 For Sale $365,000 0.0% $94 / Sq Ft
02/13/2012 02/13/12 Price Changed $365,000 +4.3% $94 / Sq Ft
09/07/2011 09/07/11 Pending -- -- --
09/02/2011 09/02/11 For Sale $349,900 -- $90 / 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 $7,496 $68,802 -- --
2024 $7,107 $65,526 -- --
2023 $7,107 $83,200 $16,640 $66,560
2022 $6,834 $63,000 $12,600 $50,400
2021 $6,967 $60,210 $12,040 $48,170
2020 $6,812 $59,210 $11,840 $47,370
2019 $6,585 $59,310 $11,860 $47,450
2018 $6,348 $57,220 $11,440 $45,780
2017 $6,217 $53,020 $10,600 $42,420
2016 $5,649 $53,250 $10,650 $42,600
2015 $5,175 $49,380 $9,870 $39,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6253307

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-73-005B