NOT LISTED FOR SALE

7039 N 40th St Paradise Valley, AZ 85253

Estimated Value: $3,092,000 - $3,368,000

4 Beds
3 Baths
3,668 Sq Ft
$881/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $2,400,000 $654 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $17,757/month

4 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Vaulted Ceiling
  • Kiva Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of April 2022

Extraordinary Mountain, Valley, and City Light Views from every room in the house, nestled comfortably on 1.45 Acres just down the street from the exclusive Crown Canyon in Paradise Valley with No HOA!!! Entertaining and fabulous outdoor living is the name of the game with this very special original Dave Hansen designed soft contemporary home, featuring an inviting and privately gated courtyard entry, well-manicured landscaping in the expansive outdoor living areas and acres of natural desert beauty. The inside holds four spacious bedrooms, a stunning dining room with high rise ceilings and an office with a floor to ceiling built-in bookshelves and a generous studio that can be converted into a second master suite.

Last Agent to Sell the Property

Chey Castro

eXp Realty License #SA583805000 Listed on: 03/10/2022

eXp Realty

Last Buyer's Agent

Curtis Mitchell

SERHANT. License #BR643115000

SERHANT.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,024

Year Built

  • Built in 1971

Lot Details

  • 1.45 Acre Lot
  • Desert faces the front and back of the property
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 3,668 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Mountain Views
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • 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 Dave Hansen
  • Clearwater Hills 2 Private Roads Subdivision

Listing and Financial Details

  • Tax Lot 176
  • Assessor Parcel Number 169-13-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,024

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Lincoln & Tatum
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2004
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1971
  • Tax Year: 2021
  • Directions: West on Lincoln, Right (North) on 40th Street, Right (East) on Clearwater Pkwy to property on your immediate right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.45
  • Subdivision Name: CLEARWATER HILLS 2 PRIVATE ROADS
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Water Softener Rented, Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Vaulted Ceiling(s), Separate Shwr & Tub
  • Living Area: 3668.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: See Remarks, Other
  • Exterior Features: Balcony, Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Natural Desert Back, Grass Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Block
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: 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: 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: 63098.0
  • Parcel #: 169-13-043

Building Info

  • Builder Name: Dave Hansen

Tax Info

  • Tax Annual Amount: 7024.0
  • Tax Book Number: 169.00
  • Tax Lot: 176
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 4, 2022
Sold by
Enid Plush-Hall Suzanne and Enid William Dean
Bought by
Brace Mark and Brace Kara
Seller's Agent
Chey Castro
eXp Realty
Buyer's Agent
Curtis Mitchell
SERHANT.
List Price
$2,253,330
Sold Price
$2,400,000
Premium/Discount to List
$146,670
6.51%
Current Estimated Value
$3,230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$830,000
Avg. Annual Appreciation
8.88%
Original Mortgage
$1,920,000
Outstanding Balance
$1,786,097
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$1,443,903

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 1, 2022
Sold by
Ds Hall Investments Llc
Bought by
Plush-Hall Suzanne Enid and Hall Dean William
Seller's Agent
Chey Castro
eXp Realty
Buyer's Agent
Curtis Mitchell
SERHANT.
List Price
$2,253,330
Sold Price
$2,400,000
Premium/Discount to List
$146,670
6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Outstanding Balance
$1,786,097
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$1,443,903

Purchase Details

Closed on
Aug 2, 2021
Sold by
Plush Hall Suzanne End and Hall Dean William
Bought by
D S Hall Investments Llc

Purchase Details

Closed on
May 24, 2021
Sold by
Ds Hall Investments Llc
Bought by
Plush Hall Suzanne Enid and Hall Dean William

Purchase Details

Closed on
Feb 1, 2021
Sold by
Plush Hall Suzanne Enid and Hall Dean William
Bought by
D S Hall Investments Llc

Purchase Details

Closed on
Apr 1, 2018
Sold by
Plush Hall Suzanne Enid and Hall Dean William
Bought by
D S Hall Investments Llc

Purchase Details

Closed on
Jan 11, 2018
Sold by
D S Hall Investments Llc
Bought by
Plush Hall Suzanne Enid and Hall Dean William

Purchase Details

Closed on
Feb 3, 2017
Sold by
Plush Hall Suzanne Enid and Hall Dean William
Bought by
Ds Hall Investments Llc

Purchase Details

Listed on
Dec 4, 2014
Closed on
Jun 10, 2015
Sold by
Friedman Steven M and Friedman Merilyn B
Bought by
Plush Suzanne Enid and Hall Dean William
Seller's Agent
Cionne McCarthy
Russ Lyon Sotheby's International Realty
Buyer's Agent
Chey Castro
eXp Realty
List Price
$1,225,000
Sold Price
$950,000
Premium/Discount to List
-$275,000
-22.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%
Original Mortgage
$520,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2012
Sold by
Friedman Steven M and Friedman Merilyn B
Bought by
Friedman Steven M and Friedman Merilyn B

Purchase Details

Closed on
Aug 26, 2011
Sold by
Friedman Steven M and Friedman Merilyn B
Bought by
Friedman Steven M and Friedman Merilyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2009
Sold by
Friedman Steven M and Friedman Merilyn B
Bought by
Friedman Steven M and Friedman Merilyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2007
Sold by
Friedman Steven M and Friedman Merilyn B
Bought by
Friedman Steven M and Friedman Merilyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2003
Sold by
Friedman Steven M and Friedman Merilyn B
Bought by
Friedman Steven M and Friedman Merilyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.79%

Purchase Details

Closed on
Oct 23, 2002
Sold by
Friedman Steven M and Friedman Merilyn B
Bought by
Friedman Steven M and Friedman Merilyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,800
Interest Rate
6.09%

Purchase Details

Closed on
Feb 15, 2002
Sold by
Friedman Steven M and Friedman Merilyn B
Bought by
Friedman Steven M and Friedman Merilyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
7.04%

Purchase Details

Closed on
Feb 11, 2002
Sold by
Friedman Steven M and Friedman Merilyn B
Bought by
Friedman Steven M and Friedman Merilyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
7.04%

Purchase Details

Closed on
Mar 25, 1998
Sold by
Friedman Steven M and Friedman Merilyn B
Bought by
Friedman Steven M and Friedman Merilyn B

Purchase Details

Closed on
Jan 21, 1998
Sold by
Friedman Steven M and Friedman Merilyn B
Bought by
Friedman Steven M and Friedman Merilyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.06%

Purchase Details

Closed on
Jun 26, 1997
Sold by
Friedman Steven M and Friedman Merilyn B
Bought by
Friedman Steven M and Merilyn B Friedman R

Purchase Details

Closed on
May 15, 1997
Sold by
Friedman Steven M and Friedman Merilyn B
Bought by
Friedman Steven M and Friedman Merilyn B
Source: Public Records

Range of Values:

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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
Brace Mark $2,400,000 Fidelity National Title
Plush-Hall Suzanne Enid -- Benedict Legal
Plush-Hall Suzanne Enid -- Benedict Legal
D S Hall Investments Llc -- None Available
Plush Hall Suzanne Enid -- None Available
D S Hall Investments Llc -- None Available
D S Hall Investments Llc -- None Available
Plush Hall Suzanne Enid -- None Available
Ds Hall Investments Llc -- None Available
Plush Suzanne Enid $950,000 American Title Svc Agency Ll
Friedman Steven M -- None Available
Friedman Steven M -- None Available
Friedman Steven M -- Accommodation
Friedman Steven M -- Grand Canyon Title Agency In
Friedman Steven M -- First American Title Insuran
Friedman Steven M -- First American Title Insuran
Friedman Steven M -- First American Title
Friedman Steven M -- First American Title Ins Co
Friedman Steven M -- Fidelity Title
Friedman Steven M -- Fidelity National Title
Friedman Steven M -- Fidelity National Title
Friedman Steven M -- Fidelity National Title
Friedman Steven M -- Westland Title Agency
Friedman Steven M -- Westland Title Agency
Friedman Steven M -- Grand Canyon Title Agency In
Friedman Steven M -- Grand Canyon Title Agency In
Friedman Steven M -- Grand Canyon Title Agency In
Friedman Steven M -- Grand Canyon Title Agency In
Friedman Steven M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brace Mark $1,920,000
Previous Owner Plush Suzanne Enid $520,000
Previous Owner Friedman Steven M $417,000
Previous Owner Friedman Steven M $417,000
Previous Owner Friedman Steven M $150,000
Previous Owner Friedman Steven M $417,000
Previous Owner Friedman Steven M $50,000
Previous Owner Friedman Steven M $322,700
Previous Owner Friedman Steven M $100,000
Previous Owner Friedman Steven M $365,800
Previous Owner Friedman Steven M $367,500
Previous Owner Friedman Steven M $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2022 04/15/22 Sold $2,400,000 +6.5% $654 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $2,253,330 +137.2% $614 / Sq Ft
07/10/2015 07/10/15 Sold $950,000 -4.9% $262 / Sq Ft View Prior Sale
06/02/2015 06/02/15 Pending -- -- --
05/19/2015 05/19/15 Price Changed $999,000 -9.1% $275 / Sq Ft
03/26/2015 03/26/15 Price Changed $1,099,000 -10.3% $303 / Sq Ft
12/04/2014 12/04/14 For Sale $1,225,000 -- $338 / 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 $7,581 $128,960 -- --
2024 $7,477 $99,602 -- --
2023 $7,477 $166,420 $33,280 $133,140
2022 $6,572 $125,350 $25,070 $100,280
2021 $7,024 $112,110 $22,420 $89,690
2020 $6,976 $117,980 $23,590 $94,390
2019 $6,714 $106,370 $21,270 $85,100
2018 $6,442 $98,230 $19,640 $78,590
2017 $6,165 $104,010 $20,800 $83,210
2016 $6,024 $89,120 $17,820 $71,300
2015 $5,685 $89,120 $17,820 $71,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6366941

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-13-043