OPPORTUNITY IS CALLING! EXCEPTIONAL 5-bedroom, 3-bath home in Phoenix, Arizona! This home offers approximately 3,000 sq. ft. and sits on a premium 1 acre lot with breathtaking mountain views! Enjoy the space this property has to offer, complete with a private swimming pool, circular driveway, and attached 2-car garage. Inside, you'll find freshly stained concrete flooring throughout, ceiling fans, a cozy fireplace in the living room, and a beautifully updated kitchen featuring gray painted cabinetry and stainless steel appliances. Ideally located near SR-51 and Loop 101 with quick access to shopping, dining, entertainment, and downtown Phoenix. Don't miss this INCREDIBLE opportunity, COME SEE THIS HOME TODAY!
For sale
Price cut: $5 (8/20)
$1,399,995
16223 N 40TH Place, Phoenix, AZ 85032
5beds
2,949sqft
Single Family Residence
Built in 1983
0.99 Acres Lot
$-- Zestimate®
$475/sqft
$-- HOA
What's special
Private swimming poolBeautifully updated kitchenBreathtaking mountain viewsGray painted cabinetryCircular drivewayCeiling fansStainless steel appliances
- 14 days |
- 545 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
James Kramer 602-380-7379,
HomeSmart
Source: ARMLS,MLS#: 7066004

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven, Electric Cooktop
- Laundry: Inside
Features
- Pantry, High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub, Laminate Counters
- Flooring: Concrete
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,949
- Total interior livable area: 2,949 sqft
Property
Parking
- Total spaces: 4
- Parking features: RV Access/Parking, RV Gate, Garage Door Opener, Direct Access, Circular Driveway, Side Vehicle Entry
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Private Yard, Storage
- Has private pool: Yes
- Pool features: Diving Pool, Fenced
- Spa features: None
- Fencing: Block,Chain Link
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.99 Acres
- Features: East/West Exposure, Desert Front, Natural Desert Back, Dirt Back, Gravel/Stone Front, Gravel/Stone Back
Details
- Parcel number: 21522025
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Composition
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Septic Tank
- Water: City Water
Green energy
- Energy efficient items: Multi-Zones
Community & HOA
Community
- Subdivision: PARADISE RANCHITOS PLAT 3
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $475/sqft
- Tax assessed value: $781,000
- Annual tax amount: $3,628
- Date on market: 8/12/2026
- Cumulative days on market: 13 days
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $4,790-0.1%$2/sqft |
Source: | ||
| 8/20/2026 | Price change | $4,795-0.1%$2/sqft |
Source: | ||
| 8/20/2026 | Price change | $1,399,9950%$475/sqft |
Source: | ||
| 8/13/2026 | Price change | $4,800-3.9%$2/sqft |
Source: | ||
| 8/13/2026 | Listed for sale | $1,400,000+33.3%$475/sqft |
Source: | ||
| 8/7/2026 | Price change | $4,995-0.1%$2/sqft |
Source: | ||
| 7/30/2026 | Listed for rent | $5,000+31.6%$2/sqft |
Source: | ||
| 5/11/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/2/2022 | Listed for rent | $3,800+31%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/28/2022 | Sold | $1,050,000+5.5%$356/sqft |
Source: | ||
| 3/20/2022 | Pending sale | $995,000$337/sqft |
Source: | ||
| 3/14/2022 | Listed for sale | $995,000+4.7%$337/sqft |
Source: | ||
| 3/3/2022 | Contingent | $950,000$322/sqft |
Source: | ||
| 2/25/2022 | Listed for sale | $950,000+32658.6%$322/sqft |
Source: | ||
| 7/20/2019 | Sold | $2,900$1/sqft |
Source: Agent Provided Report a problem | ||
| 6/27/2019 | Listing removed | $2,900$1/sqft |
Source: West USA Realty #5942238 Report a problem | ||
| 6/24/2019 | Listed for rent | $2,900+11.5%$1/sqft |
Source: West USA Realty #5942238 Report a problem | ||
| 5/13/2017 | Listing removed | $2,600$1/sqft |
Source: Realty ONE Group #5582287 Report a problem | ||
| 4/6/2017 | Price change | $2,600-7.1%$1/sqft |
Source: Realty ONE Group #5582287 Report a problem | ||
| 3/30/2017 | Listed for rent | $2,800$1/sqft |
Source: Realty ONE Group #5582287 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,553 +3.1% | $78,100 -9.3% |
| 2024 | $3,446 -3.1% | $86,120 +118.9% |
| 2023 | $3,556 -0.8% | $39,343 -25.1% |
| 2022 | $3,585 -11.9% | $52,550 +13.6% |
| 2021 | $4,067 +16.4% | $46,250 +10.9% |
| 2020 | $3,494 +3.8% | $41,710 +1.9% |
| 2019 | $3,366 | $40,920 +9.4% |
| 2018 | $3,366 +4.7% | $37,400 +0.2% |
| 2017 | $3,215 +44.6% | $37,320 +0.1% |
| 2016 | $2,224 +7.4% | $37,280 +53.2% |
| 2015 | $2,069 | $24,330 +26.7% |
| 2014 | -- | $19,210 +2.2% |
| 2013 | -- | $18,800 |
| 2012 | -- | $18,800 -26.2% |
| 2011 | -- | $25,480 -14.8% |
| 2010 | -- | $29,920 -29.4% |
| 2009 | -- | $42,380 +1.9% |
| 2008 | -- | $41,600 +12.4% |
| 2007 | -- | $37,000 +59.8% |
| 2006 | -- | $23,150 |
| 2005 | -- | $23,150 +14.3% |
| 2004 | -- | $20,250 |
| 2003 | -- | $20,250 +23.9% |
| 2002 | -- | $16,350 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Paradise Valley
Nearby schools
GreatSchools rating
- 5/10Whispering Wind AcademyGrades: PK-6Distance: 0.3 mi
- 8/10Paradise Valley High SchoolGrades: 7-12Distance: 0.6 mi
- 6/10Sunrise Middle SchoolGrades: 5-8Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Whispering Wind Academy
- Middle: Sunrise Middle School
- High: Paradise Valley High School
- District: Paradise Valley Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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