$1,000,000
SOLD JUL 26, 2021

40924 N 3rd Ave Phoenix, AZ 85086

5 Beds
3.5 Baths
3,877 Sq Ft
1.24 Acres

Recently Sold

$258 Per Sq Ft

5% Below List Price

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

Similar Homes in the area

  • 1943 E Paso Nuevo Dr, Phoenix, AZ 85086

    $920,000

    • 3 Beds
    • 3.5 Baths
    • 2,624 Sq Ft
    • 1943 E Paso Nuevo Dr
    • Phoenix, AZ

    Set against the backdrop of breathtaking 360 mountain views, this 2016 custom-built single-story estate is a rare find on a pristine 1.25-acre lot. Thoughtfully designed for both luxury and livability, the home features three oversized en suite bedrooms offering exceptional comfort and privacy. The grand entrance draws you into a spacious open layout with soaring 14-ft vaulted cathedral ceilings,

    Jobey Frank Realty ONE Group

    Section Image
  • 2427 W Desert Hills Estate Dr, Phoenix, AZ 85086

    $925,000

    • 7 Beds
    • 3 Baths
    • 3,485 Sq Ft
    • 2427 W Desert Hills Estate Dr
    • Phoenix, AZ

    Nearly 3500sf home features 7 bedrooms & 3 bathrooms, incl one with roll-in shower. Layout includes an expansive living area, formal dining & lrg family room. A standout kitchen with granite counters, upgraded cabinetry, stainless steel appliances, pantry & HUGE central island offering excellent storage & prep space. Private acre with lrg covd patio & mtn views. Detached 2-C garage with storage

    Shannon Collins HomeSmart

    Section Image
  • 2425 W Woburn Ln, Phoenix, AZ 85085

    $870,000

    • 5 Beds
    • 3.5 Baths
    • 4,464 Sq Ft
    • 2425 W Woburn Ln
    • Phoenix, AZ

    Seller to provide a $5,000 credit toward buyer's closing costs with an acceptable offer. Come home to Amber Hills, a prestigious GATED enclave offering convenient access to major freeways, premier shopping, dining options, and the exciting new tech corridor. This stunning and immaculate corner lot, along with its 5-bedroom, 3.5-bath residence, offers 4,464 sq ft of refined living space. The

    Christi Lott Keller Williams Realty Professional Partners

    Section Image
  • 29506 N 21st Ave, Phoenix, AZ 85085

    $799,900

    • 4 Beds
    • 3 Baths
    • 2,970 Sq Ft
    • 29506 N 21st Ave
    • Phoenix, AZ

    This charming 4+ bedroom, 3 bath home, with a den perfect for another bedroom or home office is ready to be yours. Located on a quiet cul-de-sac lot, this home features a 3-car garage & colorful landscape. The large backyard offers a covered patio, pavers, lush grass, and a sparkling pool w/ a rock waterfall! The interior boasts abundant natural light, a neutral & earth palette, archways,

    Shelley Sakala Real Broker

    Section Image
  • 4329 E Ashler Hills Dr, Cave Creek, AZ 85331

    $950,000

    • 4 Beds
    • 3 Baths
    • 2,435 Sq Ft
    • 4329 E Ashler Hills Dr
    • Cave Creek, AZ

    Experience open-space living on over 1 acre in the heart of Cave Creek—NO HOA! This updated ranch-style home features vaulted ceilings, shaker cabinetry, granite countertops, stainless appliances, and wood-look tile throughout. Dual-pane windows, sun screens, and fresh two-tone paint make it move-in ready. The split floor plan includes front bedrooms with a Jack & Jill bath, modern tiled showers,

    Otley Smith Citiea

    Section Image
  • 5037 E Sleepy Ranch Rd, Cave Creek, AZ 85331

    $898,500

    • 4 Beds
    • 3 Baths
    • 2,864 Sq Ft
    • 5037 E Sleepy Ranch Rd
    • Cave Creek, AZ

    Welcome to this stunning 4-bedroom, 3-bathroom home that seamlessly combines style and comfort. As you arrive, you'll be captivated by the exceptional curb appeal and spacious 3-car garage with a 4 ft extension. Inside you'll find a kitchen featuring staggered cabinetry, stainless steel appliances, and a large kitchen island breakfast bar. The upgraded Hunter Douglas Honeycomb blinds bathe the

    Beth Rider Keller Williams Arizona Realty

    Section Image
  • 1708 W Gambit Trail, Phoenix, AZ 85085

    $1,200,000

    • 4 Beds
    • 4 Baths
    • 4,148 Sq Ft
    • 1708 W Gambit Trail
    • Phoenix, AZ

    True Luxury Living! This stunning Fireside at Norterra home backs to common area, offering privacy and serenity. The resort-style yard features a heated pool and spa, putting green, gazebo, outdoor kitchen, poolside shower, brick pavers, side gardens with irrigation, citrus trees—perfect for relaxing or entertaining.Inside, you'll find Brazilian cherry hardwood floors, tile inlays, custom window

    Andrea Crouch eXp Realty

    Section Image
  • 4706 E Rancho Caliente Dr, Cave Creek, AZ 85331

    $775,000

    • 4 Beds
    • 3 Baths
    • 2,600 Sq Ft
    • 4706 E Rancho Caliente Dr
    • Cave Creek, AZ

    Attention Investor Buyers! Instant Equity! Set on an expansive lot in one of Cave Creek's most sought after gated communities, this 4 bedroom, 3 bath home offers endless potential. Brimming with original charm & ready for your personal touch, the home features a spacious floor plan, a large backyard with a refreshing pool, & room to expand or create your outdoor oasis! Priced under $300 per foot!

    Sean O'Carroll Citiea

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6253307

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-73-005B