$2,850,000
$240K PRICE DROP

7131 N 40th St Paradise Valley, AZ 85253

Estimated payment $16,048/month

Total Views 16,458
2 Beds
4 Baths
4,571 Sq Ft
$623 Price per Sq Ft

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

Redfin Corporation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,673

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Tatum and Lincoln
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2023
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1970
  • Tax Year: 2024
  • Directions: West on Lincoln, north on 40th St. Proceed up the hill, and home will be on the north side of the road just before the gate to Crown Canyon.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.44
  • Co List Office Mls Id: flre001
  • Co List Office Phone: 602-483-4919
  • Subdivision Name: CLEARWATER HILLS 2 LOTS 197-198, 201-206
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, Wet Bar, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Laminate Counters
  • Living Area: 4571.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Partial
  • Exterior Features: Balcony, Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Front, Desert Front, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Auto Timer H2O Front
  • Pool Private: Yes
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Slump Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Construction:Slump Block: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • 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: Cherokee 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: 62611.0
  • Parcel #: 169-13-050

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 7673.0
  • Tax Book Number: 169.00
  • Tax Lot: 183
  • Tax Map Number: 13.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,673 $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
Source: Public Records

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
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Warranty Deed $765,000 American Title Ins Of Az Inc
Source: Public Records

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: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6856303

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-13-050