$1,108,000 - $1,642,000
RENTED SEP 1, 2025

4525 N 40th St Unit 5 Phoenix, AZ 85018

Camelback East Village Neighborhood
3 Beds
2.5 Baths
2,278 Sq Ft
$638 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • 2 Car Direct Access Garage
  • Hopi Elementary School Rated A
  • Balcony
  • Double Vanity

About This Home

As of September 2025

Take advantage of this fantastic rental opportunity! This stunning 3-bedroom townhome welcomes you with a captivating open layout boasting high ceilings, a neutral palette, blinds, stylish wood-look flooring, and a cozy fireplace. The gourmet kitchen features granite counters, crisp white cabinetry with crown moulding, under-cabinet lighting, a subway tile backsplash, SS appliances, and an island with a breakfast bar for casual meals. The delightful primary bedroom showcases balcony access, an ensuite with double sinks, a glass-enclosed shower, and a walk-in closet. Venture out onto the lovely balcony, offering serene views of the surrounding neighborhood. Don't miss out on this one!

Last Agent to Rent the Property

Warren Petersen

Network Realty License #BR515354000 Listed on: 05/07/2025

Last Renter's Agent

Valerie Roberts

Compass License #BR646209000

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,535

Year Built

  • Built in 2025

Lot Details

  • 1,126 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence

Parking

  • 2 Car Direct Access Garage

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,278 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 6/18/25
  • $50 Move-In Fee
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 5
  • Assessor Parcel Number 171-19-144

Community Details

Overview

  • Property has a Home Owners Association
  • Luxe On 40Th Association, Phone Number (480) 422-0888
  • Built by VIP Homes
  • Luxe On 40Th Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,535

Year Built

Built in 2025

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2025-06-18

Listing Details

  • Cross Street: 40th St & Camelback Rd
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2025
  • Rental Info H O A Fee Paid Freq: Monthly
  • Rental Info H O A Name: Luxe on 40th
  • Non Assistive Animals: No
  • Initial Move In Costs Addtl Move In Fees: 1200.0
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: Head south on N 40th St. The property will be on the left.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: LUXE ON 40TH
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Structure Type: String
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Water Source City Water2: Yes
  • Fireplace Features Gas Fireplace2: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Fireplace, 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2278.0
  • Stories: 3
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: Luxe on 40th
  • Phone: 480-422-0888
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Hopi Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size Sq Ft: 1126.0
  • Parcel #: 171-19-144

Building Info

  • Builder Name: VIP Homes

Tax Info

  • Tax Book Number: 171.00
  • Tax Lot: 5
  • Tax Map Number: 19.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Rented $4,850 0.0% --
08/30/2025 08/30/25 Under Contract -- -- --
05/07/2025 05/07/25 For Rent $4,850 -- --
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 $5,535 $70,418 -- --
2024 $5,423 $67,064 -- --
2023 $5,423 $116,600 $23,320 $93,280
2022 $5,202 $82,330 $16,460 $65,870
2021 $5,391 $81,460 $16,290 $65,170
2020 $5,312 $78,820 $15,760 $63,060
2019 $1,714 $24,460 $4,890 $19,570
Source: Public Records

Agents Affiliated with this Home

  • Warren Petersen

    Landlord's Agent in 2025

    Warren Petersen

    Network Realty

    (602) 332-5812

    2 in this area

    34 Total Sales

    Warren Petersen
    Section Image
  • Valerie Roberts

    Tenant's Agent in 2025

    Valerie Roberts

    Compass

    (602) 999-1543

    1 in this area

    35 Total Sales

    Valerie Roberts
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6862835

Arizona Regional Multiple Listing Service (ARMLS)

APN: 171-19-144

Arizona Maricopa County Phoenix 85018 Camelback East Village

4525 N 40th St Unit 5, Phoenix, AZ

This home is located at 4525 N 40th St Unit 5, Phoenix, AZ 85018 since 07 May 2025 and is currently priced at $1,454,456. This property was built in 2025. 4525 N 40th St Unit 5 is a home located in Maricopa County with nearby schools including Hopi Elementary School, Ingleside Middle School, and Arcadia High School.

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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