$363,000
SOLD FEB 27, 2012

40924 N 3rd Ave Phoenix, AZ 85086

5 Beds
3.5 Baths
3,877 Sq Ft
3,877 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

1% Below List Price

5 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • Mountain View
  • Desert Mountain Middle School Rated A-
  • RV Gated
  • Santa Fe Architecture

About This Home

As of July 2021

Approved Short Sale...Must close quickly...cash buyers only...subject to prior agreement cancelling ...BUILT IN 2005.STACKED STONE ENTRY WITH PAVER COURTYARD..GRANITE COUNTERS THROUGHOUT THE PROPERTY..ALDER DOORS AND CABINETS...HUGE, ENORMOUS GARAGE WITH 3 CAR DOORSAND CABINETS..EPOXY FLOORS, CENTRAL VACUUM. WELL WATER, ISLAND KITCHEN, EAT IN KITCHEN PLUS FORMAL DINING, WALK IN PANTRY, UTILITY ROOM WITH CABINETS, GRANITE COUNTERS, AND SOAKER SINK... MASTER BEDROOM WITH JETTA SPA TUB, SEPERATE SHOWER...GIGANTIC WALK IN CLOSET....COVERED PATIO....POOL WITH SPA, WATERFALL, GROTTO, SWIM UP BAR... SPORTS COURT WITH BASKETBALL, 2 RV GATES. VIEWS OF UNDEVELOPED LAND..DOG RUN....BASEMENT WITH OVER 800 SQ.FT....2 BEDROOMS AND REC ROOM WITH FULL BATH...IN PROCESS OF ORGANIZING HOUSE.

Last Agent to Sell the Property

Michael Douville

West USA Realty License #BR005082000 Listed on: 09/02/2011

West USA Realty

Co-Listed By

Carin Nguyen

Keller Williams Realty Phoenix License #SA635738000

Last Buyer's Agent

Elizabeth Grewell

DPR Realty LLC License #SA554985000

DPR Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,019

Year Built

  • Built in 2005

Lot Details

  • 3,877 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • RV Gated

Home Design

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

Interior Spaces

  • 3,877 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Finished Basement

Kitchen

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

Flooring

  • Carpet
  • 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

Schools

  • Deer Valley Middle Elementary School
  • Deer Valley High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Propane
  • Shared Well
  • Water Softener

Additional Features

  • Covered patio or porch
  • Horses Allowed On Property

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

$4,019

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
  • HOA #2: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 2005
  • Spa Private: Yes
  • Tax Year: 2010
  • Directions: CAREFREE TO 7TH AVE..NORTH TO SADDLE MOUNTAIN...RIGHT TO 3RD AVE...NORTH TO END...LEFT TO 40924
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 0.09
  • Co List Office Mls Id: reax23
  • Co List Office Phone: 480-451-9339
  • Subdivision Name: BASEMENT HOME..NORTH OF DESERT HILLS
  • Architectural Style: Territorial/Santa Fe
  • Tax Parcel Letter: B
  • ResoBuildingAreaSource: Assessor
  • Utilities Butane Propane: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile
  • Basement YN: Yes
  • Spa Features: None, Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Granite Counters
  • Living Area: 3877.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Covered Patio(s), Sport Court(s)
  • Lot Features: Desert Back, Desert Front
  • Pool Features: Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Other (See Remarks)
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, RV Gate, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Utilities: Propane
  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: Shared Well
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Deer Valley Middle School
  • High School: Deer Valley High School
  • Junior High Dist: Deer Valley Unified District

Lot Info

  • Lot Size Sq Ft: 3877.0
  • Parcel #: 211-73-005-B
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: NBI BUILDERS

Tax Info

  • Tax Annual Amount: 4019.0
  • 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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,000,000 Chicago Title Agency
Interfamily Deed Transfer -- Chicago Title
Warranty Deed $363,000 Chicago Title
Special Warranty Deed $535,000 Lawyers Title Insurance Corp
Trustee Deed $514,211 None Available
Warranty Deed $925,000 Ticor Title Agency Of Az Inc
Warranty Deed $61,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,480 New Conventional
Open $800,000 New Conventional
Previous Owner $349,712 FHA
Previous Owner $29,000 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $231,250 Stand Alone Second
Previous Owner $693,750 Balloon
Previous Owner $340,000 Unknown
Previous Owner $46,125 New Conventional
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: 4641026

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-73-005B