NOT LISTED FOR SALE

5707 N 40th St Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $1,122,000 - $2,137,642

3 Beds
2.5 Baths
1,929 Sq Ft
$833/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $650,000 $337 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $9,335/month

42 Days on Market

Highlights

  • 0.79 Acre Lot
  • Wood Flooring
  • No HOA
  • Hopi Elementary School Rated A
  • 2 Fireplaces
  • Patio

About This Home

As of November 2019

This mid-century charmer is inviting all our talented local investors and neighbors! Elegant 1960s slump block home situated on a 34,000+ sqft lot in a stellar location! Just minutes away from Arcadia schools, shopping, dining, golf, hiking, Biltmore Fashion Park, The Esplanade, and so much more. This unique property is almost all original and the owners expressed their love for the home throughout their ownership. The home is immediately ready for its new imaginative owner or builder. This area is surrounded by impressive mountain views of Camelback and Piestewa Peak.

Last Agent to Sell the Property

Dylan Phillips

LPT Realty, LLC License #SA654714000 Listed on: 09/05/2019

LPT Realty, LLC

Last Buyer's Agent

Geoffrey Adams

Realty ONE Group License #BR627564000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,510

Year Built

  • Built in 1961

Lot Details

  • 0.79 Acre Lot
  • Desert faces the front and back of the property

Parking

  • 2 Carport Spaces

Home Design

  • Fixer Upper

Interior Spaces

  • 1,929 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Short Hills Subdivision

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 171-07-063

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,510

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 40th St & Camelback
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1961
  • Tax Year: 2019
  • Directions: North on 40th Street, through Stanford roundabout to property on East side of 40th St.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.79
  • Subdivision Name: SHORT HILLS
  • Architectural Style: Other (See Remarks)
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 1929.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Fireplace:_two_ Fireplace: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Patio
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Slump Block
  • Property Condition: Fixer
  • Roof: See Remarks
  • Exterior Features:Patio: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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: 34335.0
  • Parcel #: 171-07-063
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3510.0
  • Tax Book Number: 171.00
  • Tax Lot: 62
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2020
Sold by
James Alexis Milan and James Wesley M
Bought by
James Alexis Milan
Total Days on Market
42
Current Estimated Value
$1,607,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,650
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2019
Closed on
Nov 8, 2019
Sold by
Carter Craig A and Carter Ronald M
Bought by
James Alexis Millan and James Wesley M
Seller's Agent
Dylan Phillips
LPT Realty, LLC
Buyer's Agent
Geoffrey Adams
Realty ONE Group
List Price
$775,000
Sold Price
$650,000
Premium/Discount to List
-$125,000
-16.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%
Original Mortgage
$484,350
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1997
Sold by
Carter Ronald Martin and Carter Gloria Joy
Bought by
Carter Ronald Martin and Carter Ronald M
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
James Alexis Milan -- Old Republic Title Agency
James Alexis Millan $650,000 Wfg National Title Ins Co
Carter Ronald Martin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Alexis Milan $714,200
Closed James Alexis Milan $714,200
Closed James Alexis Milan $490,700
Closed James Alexis Milan $488,650
Closed James Alexis Millan $484,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2019 11/13/19 Sold $650,000 -16.1% $337 / Sq Ft
09/05/2019 09/05/19 For Sale $775,000 -- $402 / 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 $3,759 $55,278 -- --
2024 $3,657 $52,646 -- --
2023 $3,657 $92,650 $18,530 $74,120
2022 $3,512 $70,310 $14,060 $56,250
2021 $3,691 $59,260 $11,850 $47,410
2020 $3,632 $54,350 $10,870 $43,480
2019 $3,510 $49,730 $9,940 $39,790
2018 $3,398 $40,360 $8,070 $32,290
2017 $3,224 $47,180 $9,430 $37,750
2016 $3,136 $43,750 $8,750 $35,000
2015 $2,883 $44,030 $8,800 $35,230
Source: Public Records

Agents Affiliated with this Home

  • Dylan Phillips

    Seller's Agent in 2019

    Dylan Phillips

    LPT Realty, LLC

    (602) 859-1994

    5 in this area

    88 Total Sales

    Dylan Phillips
    Section Image
  • Geoffrey Adams

    Buyer's Agent in 2019

    Geoffrey Adams

    Realty One Group

    (480) 405-1705

    16 in this area

    459 Total Sales

    Geoffrey Adams
    Section Image

  • D

    Buyer Co-Listing Agent in 2019

    Daniel Morales

    Realty One Group

    (480) 254-2460

    1 in this area

    14 Total Sales

    Daniel Morales
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5974383

Arizona Regional Multiple Listing Service (ARMLS)

APN: 171-07-063

Arizona Maricopa County Phoenix 85018 Camelback East Village

5707 N 40th St, Phoenix, AZ

This home is located at 5707 N 40th St, Phoenix, AZ 85018 since 05 September 2019 and is currently estimated at $1,607,161, approximately $833 per square foot. This property was built in 1961. 5707 N 40th St 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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