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Sold for $405,000
  • $405,000

    4060 E KAREN Drive, Phoenix, AZ 85032

    3beds
    1,420sqft
    Single Family Residence
    Built in 1980
    10,193 Square Feet Lot
    $404,500 Zestimate®
    $285/sqft
    $2,295 Estimated rent

    Home value

    $404,500

    $368,000 - $441,000

    $2,295/mo

    Zestimate® history
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    What's special

    Welcome, this 3 bedroom, 2 bathroom cul-de sac home offers incredible potential in one of the valley's most convenient and premier locations. Situated on a huge oversized 10,000+ sf lot, the property features a freestanding workshop/shed in the backyard, with running electric, that is perfect to use as a workshop, weight room, man cave or for additional storage. This home is perfectly situated in the Paradise Valley School District. Home is in need of minor general maintenance, and it's priced below market value for a buyer ready to bring their vision and updates. Close to State Route 51, Paradise Valley Mall, Desert Ridge and minutes away from Scottsdale with plenty of dining, shopping, and entertainment. No HOA. This is a fantastic opportunity for investors or anyone looking to customize a home and make it yours or to build equity in this highly desirable area. Come take a look before it's gone!

    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon McRoy 602-327-4627,

    HomeSmart

    Bought with:

    Bruce C. Fraser, BR540253000

    Moose Group Real Estate

    Source: ARMLS,MLS#: 6911532MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Refrigerator, Dishwasher
    • Laundry: Inside
    Features
    • Non-laminate Counter, High Speed Internet, Breakfast Bar, 3/4 Bath Master Bdrm
    • Flooring: Carpet, Laminate
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,420
    • Total interior livable area: 1,420 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Open
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Storage
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 10,193 Square Feet
    • Features: None, North/South Exposure, Corner Lot, Cul-De-Sac
    Details
    • Parcel number: 21571016

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Stucco, Painted, Block
    • Roof: Composition
    Condition
    • Fixer
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Near Bus Stop
    • Subdivision: PARADISE VALLEY OASIS NO. 14
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $285/sqft
    • Tax assessed value: $359,600
    • Annual tax amount: $1,762
    • Date on market: 1/1/2026
    • Cumulative days on market: 102 days
    • Listing terms: Cash,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/14/2026Sold$405,000-9.2%$285/sqft
    Source: ARMLS #6911532 Report a problem
    12/8/2025Pending sale$445,999$314/sqft
    Source: ARMLS #6911532 Report a problem
    11/20/2025Price change$445,999-0.4%$314/sqft
    Source: ARMLS #6911532 Report a problem
    11/8/2025Price change$447,999-0.2%$315/sqft
    Source: ARMLS #6911532 Report a problem
    10/24/2025Price change$448,999-0.2%$316/sqft
    Source: ARMLS #6911532 Report a problem
    10/19/2025Price change$449,9990%$317/sqft
    Source: ARMLS #6911532 Report a problem
    10/9/2025Price change$450,000-1.1%$317/sqft
    Source: ARMLS #6911532 Report a problem
    9/19/2025Price change$455,000-2.2%$320/sqft
    Source: ARMLS #6911532 Report a problem
    9/11/2025Price change$465,000-2.1%$327/sqft
    Source: ARMLS #6911532 Report a problem
    8/27/2025Listed for sale$475,000+166.9%$335/sqft
    Source: ARMLS #6911532 Report a problem
    7/12/2013Sold$178,000+1.7%$125/sqft
    Source: ARMLS #4930938 Report a problem
    5/31/2013Price change$175,000-5.4%$123/sqft
    Source: Front Porch Properties #4930938 Report a problem
    5/18/2013Price change$185,000-5.1%$130/sqft
    Source: Front Porch Properties #4930938 Report a problem
    5/4/2013Listed for sale$195,000+69.6%$137/sqft
    Source: Front Porch Properties #4930938 Report a problem
    11/2/1998Sold$115,000$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,770 +2.6%$35,960 -7.6%
    2024$1,726 +2.3%$38,910 +105.4%
    2023$1,688 -1.1%$18,942 -23.7%
    2022$1,706 +1.9%$24,810 +7.3%
    2021$1,675 -0.4%$23,120 +7.4%
    2020$1,682 +3.8%$21,530 +6.3%
    2019$1,621 $20,260 +11.3%
    2018$1,621 +4.7%$18,200 +3.7%
    2017$1,548 +9.5%$17,550 +10.9%
    2016$1,413 +7.4%$15,830 +4.6%
    2015$1,315 $15,130 +23.9%
    2014-- $12,210 +4.2%
    2013-- $11,720
    2012-- $11,720 -14%
    2011-- $13,620 -15.2%
    2010-- $16,070 -24.6%
    2009-- $21,310 +0.8%
    2008-- $21,150 +12.5%
    2007-- $18,800 +56%
    2006-- $12,050
    2005-- $12,050 +24.9%
    2004-- $9,650
    2003-- $9,650 +1.6%
    2002-- $9,500
    Find assessor info on the county website

    Neighborhood: Paradise Valley

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Whispering Wind Academy
    • Middle: Whispering Wind Academy
    • 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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    Estimated market value
    $404,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $404,500