NOT LISTED FOR SALE

5317 N 40th St Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $2,231,000 - $3,127,000

5 Beds
4.5 Baths
4,219 Sq Ft
$647/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $2,285,813 $542 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $15,028/month

118 Days on Market

Highlights

  • RV Gated
  • Gated Parking
  • Mountain View
  • Hopi Elementary School Rated A
  • 0.92 Acre Lot
  • Contemporary Architecture

About This Home

As of February 2022

Magnificent home located on a spectacular lot in Cudia City Estates with breathtaking view of Camelback Mountain. Split floorpan with 5 Bedrooms, 4.5 bathrooms and a 3 car garage. Every bedroom has a walk in closet. The owners bathroom with completely remodeled in 2020 and includes an oversized shower, a large walk in closet and additional storage. The gourmet kitchen has a Viking range, a large kitchen island, granite countertops and a walk in pantry. The kitchen opens up to the dining room and family room with a fireplace. The lot is close to a Acre with with a circular drive and a private gated entry. The property has 10 plus bountiful and mature fruit trees and a professionally designed landscape. No HOA. You will love this one-of-a-kind family estate in an amazing location

Last Agent to Sell the Property

Camille Licon

HomeSmart License #SA557988000 Listed on: 09/23/2021

HomeSmart

Last Buyer's Agent

Kim Panozzo

HomeSmart License #SA538315000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,829

Year Built

  • Built in 1997

Lot Details

  • 0.92 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking
  • RV Gated

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,219 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Double Pane Windows
  • Solar Screens
  • Mountain Views
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom Updated in 2021
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Playground

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Cudia City Estates Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 171-08-071

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,829

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Stanford and 40th Street
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2021
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.92
  • Subdivision Name: Cudia City Estates
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 541.79
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 4219.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Storage
  • Lot Features: Sprinklers In Rear, Alley, Desert Back, Desert Front, Grass Back, Auto Timer H2O Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Gated, RV Gate, Garage Door Opener, Circular Driveway, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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

  • 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

  • Land Lease: No
  • Lot Size Sq Ft: 39875.0
  • Parcel #: 171-08-071

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 7829.0
  • Tax Book Number: 171.00
  • Tax Lot: 46
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Feb 24, 2022
Sold by
Randall Grace R
Bought by
Mittal Bhairavi S and Mittal Vikas
Seller's Agent
Camille Licon
HomeSmart
Buyer's Agent
Kim Panozzo
HomeSmart
List Price
$2,750,000
Sold Price
$2,285,813
Premium/Discount to List
-$464,187
-16.88%
Current Estimated Value
$2,733,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,771
Avg. Annual Appreciation
4.79%
Original Mortgage
$1,828,650
Outstanding Balance
$1,714,094
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,016,455

Purchase Details

Closed on
Oct 31, 2007
Sold by
Grace R Randall
Bought by
Grace R Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,500
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2000
Sold by
Grace R Randall
Bought by
Grace R Randall

Purchase Details

Closed on
Dec 28, 1997
Sold by
Sandahl Douglas C and Sandahl Peggy A
Bought by
Grace R Randall

Purchase Details

Closed on
Oct 17, 1997
Sold by
Grace Jane
Bought by
Grace R Randall

Purchase Details

Closed on
May 28, 1997
Sold by
Montecito Homes Inc
Bought by
Sandahl Douglas C and Sandahl Peggy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
8.37%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 6, 1997
Sold by
Judge Carmelite C
Bought by
Montecito Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mittal Bhairavi S $2,285,813 Chicago Title
Grace R Randall -- Westland Title Agency Of Az
Grace R Randall -- Westland Title Agency Of Az
Grace R Randall -- Westland Title Agency Of Az
Grace R Randall -- --
Grace R Randall $225,000 Capital Title Agency
Grace R Randall -- Capital Title Agency
Sandahl Douglas C -- Capital Title Agency
Montecito Homes Inc $142,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mittal Bhairavi S $1,828,650
Previous Owner Grace R Randall $209,500
Previous Owner Sandahl Douglas C $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $2,285,813 -8.5% $542 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/07/2022 01/07/22 Price Changed $2,499,000 -7.4% $592 / Sq Ft
12/10/2021 12/10/21 Price Changed $2,700,000 -5.3% $640 / Sq Ft
10/06/2021 10/06/21 Price Changed $2,850,000 +3.6% $676 / Sq Ft
09/23/2021 09/23/21 For Sale $2,750,000 -- $652 / 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 $8,461 $110,098 -- --
2024 $7,879 $104,855 -- --
2023 $7,879 $162,560 $32,510 $130,050
2022 $7,533 $132,430 $26,480 $105,950
2021 $7,829 $124,800 $24,960 $99,840
2020 $7,705 $115,250 $23,050 $92,200
2019 $7,394 $103,020 $20,600 $82,420
2018 $7,087 $79,800 $15,960 $63,840
2017 $6,785 $79,050 $15,810 $63,240
2016 $6,595 $70,970 $14,190 $56,780
2015 $7,062 $86,380 $17,270 $69,110
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Camille Licon

    HomeSmart

    (480) 443-7400

    5 in this area

    24 Total Sales

    Camille Licon
    Section Image
  • Kim Panozzo

    Buyer's Agent in 2022

    Kim Panozzo

    HomeSmart

    (480) 601-6400

    23 in this area

    836 Total Sales

    Kim Panozzo
    Section Image

  • K

    Buyer's Agent in 2022

    Kimberly Panozzo

    Dan Schwartz Realty, Inc

  • David Panozzo

    Buyer Co-Listing Agent in 2022

    David Panozzo

    HomeSmart

    (480) 785-6990

    8 in this area

    165 Total Sales

    David Panozzo
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6297706

Arizona Regional Multiple Listing Service (ARMLS)

APN: 171-08-071

Arizona Maricopa County Phoenix 85018 Camelback East Village

5317 N 40th St, Phoenix, AZ

Not Listed for Sale

Detached

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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