NOT LISTED FOR SALE

6611 N 40th St Paradise Valley, AZ 85253

Estimated Value: $3,311,000 - $3,829,000

5 Beds
4 Baths
5,121 Sq Ft
$697/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $1,360,000 $266 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $19,473/month

228 Days on Market

Highlights

  • Heated Spa
  • City Lights View
  • Vaulted Ceiling
  • Kiva Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub

About This Home

As of August 2018

WOW! Incredible Value Just Got Even Better! Very Private Lot SINGLE LEVEL Home! Unobstructed Incredible Views of Downtown Phx & City Lights From The Main Living Areas! Camelback Mtn From Formal Dinning, Front Patio & 1 Bdrm. Every Window Holds an Incredible View! Even The Master Jetted Bath Tub HAS a Private View of The City. Large Glass Doors Open to The Elevated Spacious Backyard Patio. Great Home to Entertain or Just Sit Back Relax & Enjoy Your Very Private & Picturesque Views. Home was Extensively Remodeled in 2005-2006. High End Wolf Appliances! 5th Bedroom With Gas Fireplace & Walk in Closet Currently Used as an Office. 3 Car Garage but Parking for at least 15 Other Cars!**2 BRAND NEW 5 TON 15.5 SEER RHEEM AC UNITS INSTALLED 5/10/2018. Alarm Is Monitored must call for Alarm code.

Last Agent to Sell the Property

Joseph Marciano

Realty ONE Group License #SA029430000 Listed on: 12/02/2017

Realty ONE Group

Last Buyer's Agent

Becky Alvarez

Fathom Realty Elite License #SA513223000

Fathom Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,610

Year Built

  • Built in 1972

Lot Details

  • 1.03 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 3 Car Direct Access Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Circular Driveway

Property Views

  • City Lights
  • Mountain

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,121 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Mechanical Sun Shade
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered Patio or Porch

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom View
  • Lincoln Heights 8 Subdivision, View City Floorplan

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 169-52-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,610

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 40th Street & Lincoln Drive. Go North on 40th St.
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2005
  • Items Updated Floor Yr Updated: 2005
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2005
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2005
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2005
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2005
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2006
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2005
  • Items Updated Wiring Yr Updated: 2005
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1972
  • Spa Private: Yes
  • Tax Year: 2015
  • Directions: To Property @ 6611 N 40th St. You can drive up one of two paver drives to front of the house North Drive closer to front door.
  • Master Model: View City
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.03
  • Subdivision Name: Lincoln Heights 8
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5121.0
  • Stories: 1
  • Window Features: Dual Pane, Mechanical Sun Shds
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block, Frame - Wood, Slump Block
  • Roof: Tile, Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Circular Drive: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: 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: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 44858.0
  • Parcel #: 169-52-002
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom View

Tax Info

  • Tax Annual Amount: 6610.0
  • Tax Book Number: 169.00
  • Tax Lot: 12
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
Karim Carol and Markgraf Amy
Bought by
Karim Carlo and Markgraf Amy
Current Estimated Value
$3,570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,500
Outstanding Balance
$694,878
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,875,122

Purchase Details

Listed on
Dec 2, 2017
Closed on
Aug 23, 2018
Sold by
Karim Carlo and Markgraf Amy
Bought by
Karim Carlo and Markgraf Amy
Seller's Agent
Joseph Marciano
Realty ONE Group
Buyer's Agent
Becky Alvarez
Fathom Realty Elite
List Price
$1,599,000
Sold Price
$1,360,000
Premium/Discount to List
-$239,000
-14.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.49%
Original Mortgage
$800,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 2, 2017
Closed on
Aug 3, 2018
Sold by
Marciano Valerie Ann
Bought by
Karim Carlo and Markgraf Amy
Seller's Agent
Joseph Marciano
Realty ONE Group
Buyer's Agent
Becky Alvarez
Fathom Realty Elite
List Price
$1,599,000
Sold Price
$1,360,000
Premium/Discount to List
-$239,000
-14.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2006
Sold by
Mishan Enterprises Ltd
Bought by
Love Gano W and Love Kirsti A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2005
Sold by
Morin Maxwell
Bought by
Mishan Enterprises Ltd

Purchase Details

Closed on
Feb 7, 1996
Sold by
Denaro Frank
Bought by
Denaro Md Frank and Denaro Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.99%

Purchase Details

Closed on
Apr 24, 1995
Sold by
Denaro Frank
Bought by
Denaro Md Frank and Denaro Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
7%

Purchase Details

Closed on
Feb 1, 1995
Sold by
Denaro Frank
Bought by
Denaro Frank and Denaro Mary S
Source: Public Records

Range of Values:

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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
Karim Carlo -- First American Title Ins Co
Karim Carlo -- First American Title Ins Co
Karim Carlo -- None Available
Karim Carlo $1,360,000 Security Title Agency Inc
Love Gano W $2,125,000 The Talon Group Tatum Garden
Mishan Enterprises Ltd -- First American Title
Denaro Md Frank -- Transnation Title Insurance
Denaro Frank -- Transnation Title Ins Co
Denaro Md Frank -- Chicago Title Insurance Co
Denaro Frank -- Chicago Title Insurance Co
Denaro Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karim Carlo $780,500
Previous Owner Karim Carlo $800,000
Previous Owner Love Gano W $1,000,000
Previous Owner Denaro Frank $135,000
Previous Owner Denaro Frank $141,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2018 08/23/18 Sold $1,360,000 -14.9% $266 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $1,599,000 0.0% $312 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
05/16/2018 05/16/18 Price Changed $1,599,000 -0.1% $312 / Sq Ft
03/01/2018 03/01/18 Price Changed $1,600,000 -5.9% $312 / Sq Ft
12/02/2017 12/02/17 For Sale $1,699,999 -- $332 / 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 $5,655 $138,896 -- --
2024 $7,453 $132,282 -- --
2023 $7,453 $169,030 $33,800 $135,230
2022 $7,125 $125,800 $25,160 $100,640
2021 $7,612 $117,520 $23,500 $94,020
2020 $7,559 $128,830 $25,760 $103,070
2019 $7,277 $110,280 $22,050 $88,230
2018 $7,585 $104,980 $20,990 $83,990
2017 $6,687 $94,010 $18,800 $75,210
2016 $6,999 $108,250 $21,650 $86,600
2015 $6,610 $108,250 $21,650 $86,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5694343

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-52-002