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For sale
    • Price cut: $5K (5/23)
    $385,000

    406 E TARO Lane, Phoenix, AZ 85024

    2beds
    1,289sqft
    : 
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    Single Family Residence
    Built in 1986
    5,181 Square Feet Lot
    $-- Zestimate®
    $299/sqft
    $46/mo HOA

    What's special

    Warm and inviting fireplaceUpdated kitchenUpdated light fixturesCorner lotNew carpetNew tileNew ceiling fans
    PROBATE SALE. All offers will be considered!!! Beautiful single-level home situated on a desirable corner lot, offering comfort, style, and thoughtful upgrades throughout. This charming 2-bedroom, 2-bath residence features a warm and inviting fireplace along with two private patios, perfect for relaxing or entertaining. BRANDNEW ROOF!! The interior showcases new carpet, new tile in all the right places, and fresh two-tone designer paint that creates a bright, modern feel. Plantation shutters, along with new ceiling fans and updated light fixtures, add both elegance and functionality throughout the home. The updated kitchen is highlighted by new granite countertops and a stainless steel appliance package, providing a sleek and contemporary space for cooking and gathering. Both bathrooms have also been upgraded with new granite countertops, continuing the home's cohesive design. Additional improvements include a brand-new roof and professionally landscaped front and back yards, creating a move-in-ready property with excellent curb appeal. This exceptional home combines quality upgrades, a great layout, and a prime corner location, making it a perfect place to enjoy easy, comfortable living.
    132 days
    |
    203
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Radojka Lala Smith 602-810-0165,

    eXp Realty

    Source: ARMLS,MLS#: 6987917MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
      • Laundry: Inside
      Features
      • High Speed Internet, Granite Counters, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
      • Flooring: Carpet, Tile
      • Windows: Skylight(s)
      • Has basement: No
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,289
      • Total interior livable area: 1,289 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage Door Opener, Attch'd Gar Cabinets
      • Garage spaces: 2
      • Uncovered spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Patio
      • Spa features: None
      • Fencing: Block
      Lot
      • Size: 5,181 Square Feet
      • Features: North/South Exposure, Corner Lot, Desert Back, Desert Front
      Details
      • Parcel number: 20924348

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Spanish
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Wood Frame
      • Roof: Composition,Built-Up
      Condition
      • Year built: 1986

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water

      Community & HOA

      Community
      • Subdivision: Merit Estates
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds
      • HOA fee: $46 monthly
      • HOA name: Merit Estates
      • HOA phone: 480-539-1396
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $299/sqft
      • Tax assessed value: $302,300
      • Annual tax amount: $1,248
      • Date on market: 3/4/2026
      • Cumulative days on market: 130 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/23/2026Price change$385,000-1.3%$299/sqft
        Source: ARMLS #6987917 Report a problem
        4/30/2026Price change$389,990-0.5%$303/sqft
        Source: ARMLS #6987917 Report a problem
        4/23/2026Price change$391,900-0.2%$304/sqft
        Source: ARMLS #6987917 Report a problem
        4/4/2026Price change$392,500-0.6%$304/sqft
        Source: ARMLS #6987917 Report a problem
        3/4/2026Listed for sale$395,000+188.5%$306/sqft
        Source: ARMLS #6987917 Report a problem
        12/31/2012Sold$136,900+35.3%$106/sqft
        Source: ARMLS #4859293 Report a problem
        11/2/2012Sold$101,200-56%$79/sqft
        Source: Public Record Report a problem
        12/15/2005Sold$230,000+177.1%$178/sqft
        Source: ARMLS #2407381 Report a problem
        5/31/1994Sold$83,000$64/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,222 +2.6%$30,230 -4.2%
        2024$1,191 +2.3%$31,570 +141.5%
        2023$1,165 -1.1%$13,072 -37.2%
        2022$1,177 +1.9%$20,800 +8.8%
        2021$1,156 -0.4%$19,120 +7.9%
        2020$1,161 +3.8%$17,720 +1%
        2019$1,119 $17,550 +9.3%
        2018$1,119 +4.7%$16,060 +23.5%
        2017$1,068 +9.5%$13,000 +5%
        2016$975 +6.8%$12,380 +3.1%
        2015$913 $12,010 +40.3%
        2014-- $8,560 +11.7%
        2013-- $7,660 -5.8%
        2012-- $8,130 -16.2%
        2011-- $9,700 -16.8%
        2010-- $11,660 -27.1%
        2009-- $16,000 -11.6%
        2008-- $18,100 +133.5%
        2007-- $7,750
        2006-- $7,750
        2005-- $7,750
        2004-- $7,750
        2003-- $7,750
        2002-- $7,750
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Deer Valley

        Getting around

        45 / 100
        Car-Dependent
        37 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Eagle Ridge Elementary School
        • Middle: Mountain Trail Middle School
        • High: North Canyon 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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