7131 N 40th St Paradise Valley, AZ 85253
Estimated payment $16,048/month
Highlights
- Private Pool
- 1.44 Acre Lot
- Living Room with Fireplace
- Kiva Elementary School Rated A
- Mountain View
- Main Floor Primary Bedroom
About This Home
Nestled high in a canyon on the hillside of Phx Mountain Preserve, this charming home in a peaceful location has dramatic views of the surrounding mountains. Relax by the sparkling pool on your spacious, beautifully landscaped private patio while taking in the spectacular scenery! Large, comfortable living room w/ wet bar, beehive fireplace & sliding doors to patio is ideal space for entertaining. Spacious kitchen w/ large adjacent dining room both have tremendous mountain views. Luxurious primary suite opens to patio, & bright, open primary bath w/ huge walk in closet. Second floor addition provides an amazing additional living & entertainment area featuring a full bathroom, expansive wet bar w/ granite counters, huge covered balcony w/ outdoor fireplace & expansive, panoramic views! This beautifully maintained home is solid slump block construction. The rich saltillo tile in the entry and kitchen, and exposed wood beams in the living, dining and primary bedroom give the home a warm, inviting ambiance. The large den with built in cabinetry near the front of the home is an ideal home office or could easily be converted to an extra bedroom. Large laundry room with utility sink, plus a spacious two car garage providing ample storage space. Beautifully manicured desert landscaping on this nearly 1.5 acre lot adds to the wonderful curb appeal of this gorgeous home. Don't miss the opportunity to visit this beautiful property in person and take in the spectacular surroundings for yourself!
Listing Agent
Max Shadle
Redfin Corporation License #SA578873000 Listed on: 04/24/2025

Co-Listing Agent
Kristal Rosciano
Redfin Corporation License #SA695849000
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,673
Year Built
- Built in 1970
Lot Details
- 1.44 Acre Lot
- Desert faces the front of the property
- Cul-De-Sac
- Partially Fenced Property
- Block Wall Fence
- Artificial Turf
- Front Yard Sprinklers
- Sprinklers on Timer
Parking
- 2 Car Direct Access Garage
- 4 Open Parking Spaces
- Garage Door Opener
Home Design
- Spanish Architecture
- Wood Frame Construction
- Tile Roof
- Built-Up Roof
- Stucco
Interior Spaces
- 4,571 Sq Ft Home
- 2-Story Property
- Wet Bar
- Ceiling Fan
- Living Room with Fireplace
- 2 Fireplaces
- Mountain Views
- Laundry Room
Kitchen
- Electric Cooktop
- Built-In Microwave
- Laminate Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Primary Bathroom is a Full Bathroom
- 4 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Bathtub With Separate Shower Stall
Outdoor Features
- Private Pool
- Balcony
- Covered Patio or Porch
- Outdoor Fireplace
- Outdoor Storage
- Built-In Barbecue
Schools
- Cherokee Elementary School
- Mohave Middle School
- Saguaro High School
Utilities
- Cooling System Updated in 2023
- Central Air
- Heating Available
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Clearwater Hills 2 Lots 197 198, 201 206 Subdivision
Listing and Financial Details
- Tax Lot 183
- Assessor Parcel Number 169-13-050
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,673 | $140,727 | -- | -- |
2024 | $7,559 | $134,026 | -- | -- |
2023 | $7,559 | $175,660 | $35,130 | $140,530 |
2022 | $7,227 | $133,930 | $26,780 | $107,150 |
2021 | $7,720 | $121,080 | $24,210 | $96,870 |
2020 | $7,667 | $126,150 | $25,230 | $100,920 |
2019 | $7,381 | $112,670 | $22,530 | $90,140 |
2018 | $7,085 | $105,730 | $21,140 | $84,590 |
2017 | $6,783 | $107,970 | $21,590 | $86,380 |
2016 | $6,628 | $98,450 | $19,690 | $78,760 |
2015 | $6,258 | $98,450 | $19,690 | $78,760 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/28/2025 08/28/25 | Price Changed | $2,850,000 | 0.0% | $623 / Sq Ft |
08/28/2025 08/28/25 | For Sale | $2,850,000 | -1.7% | $623 / Sq Ft |
07/31/2025 07/31/25 | Off Market | $2,900,000 | -- | -- |
07/16/2025 07/16/25 | Price Changed | $2,900,000 | -0.9% | $634 / Sq Ft |
07/03/2025 07/03/25 | Price Changed | $2,925,000 | -0.8% | $640 / Sq Ft |
06/14/2025 06/14/25 | Price Changed | $2,950,000 | -1.7% | $645 / Sq Ft |
05/21/2025 05/21/25 | Price Changed | $3,000,000 | -2.0% | $656 / Sq Ft |
05/08/2025 05/08/25 | Price Changed | $3,060,000 | -1.0% | $669 / Sq Ft |
04/24/2025 04/24/25 | For Sale | $3,090,000 | -- | $676 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | -- | |
Warranty Deed | $765,000 | American Title Ins Of Az Inc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $400,000 | No Value Available | |
Closed | $583,350 | New Conventional | |
Closed | $415,000 | Credit Line Revolving | |
Closed | $598,000 | Unknown | |
Closed | $612,000 | New Conventional | |
Closed | $76,500 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6856303

APN: 169-13-050
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