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Sold for $2,420,000
  • $2,420,000

    7122 N 40TH Street, Paradise Valley, AZ 85253

    3beds
    2,798sqft
    Single Family Residence
    Built in 1973
    1.17 Acres Lot
    $2,664,700 Zestimate®
    $865/sqft
    $6,872 Estimated rent

    Home value

    $2,664,700

    $2.40M - $2.98M

    $6,872/mo

    Zestimate® history
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    $13,541/mo

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    What's special

    High ceilingsAmple space
    Amazing views on side of mountain with two lots of total sq foot lot 50,913. Three bedroom with den. Ample space and high ceilings and pool. Great fix and flip or tear down for new construction. Make an offer today seller may possible carryback.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sophia J Willets 561-269-9525,

    Grace CRE,

    Michael Gordon 858-774-6058,

    Grace CRE

    Bought with:

    Elizabeth Ellen Melichar, SA682156000

    My Home Group Real Estate

    Source: ARMLS,MLS#: 6598189MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Dishwasher, Disposal, Gas Cooktop, Electric Cooktop
    Features
    • Granite Counters, Double Vanity, Upstairs, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, 3/4 Bath Master Bdrm, Full Bth Master Bdrm
    • Flooring: Carpet, Tile
    • Windows: Skylight(s), Double Pane Windows
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Other, Living Room
    Interior area
    • Total structure area: 2,798
    • Total interior livable area: 2,798 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Storage
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Balcony, Private Yard
    • Has private pool: Yes
    • Pool features: Diving Pool, Fenced
    • Spa features: None
    • Fencing: Wrought Iron
    • Has view: Yes
    • View description: City Lights, Mountain(s)
    Lot
    • Size: 1.17 Acres
    • Features: Borders Preserve/Public Land, Sprinklers In Rear, Sprinklers In Front, Natural Desert Back, Grass Back, Auto Timer H2O Front, Natural Desert Front
    Details
    • Parcel number: 16913048C

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Painted, Slump Block
    • Roof: Composition,Built-Up
    Condition
    • Year built: 1973

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Pvt Water Company

    Community & neighborhood

    Location
    • Region: Paradise Valley
    • Subdivision: CLEARWATER HILLS 2 LOTS 197-198, 201-206

    Other

    Other facts
    • Listing terms: Owner May Carry,Cash,Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/5/2023Sold$2,420,000-10.4%$865/sqft
    Source: ARMLS #6598189 Report a problem
    11/15/2023Pending sale$2,700,000$965/sqft
    Source: ARMLS #6598189 Report a problem
    9/7/2023Price change$2,700,000+22.7%$965/sqft
    Source: ARMLS #6598189 Report a problem
    8/29/2023Listed for sale$2,200,000+175%$786/sqft
    Source: ARMLS #6598189 Report a problem
    6/19/2013Sold$800,000$286/sqft
    Source: ARMLS #4933646 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,708 -7.2%$193,030 +5.3%
    2024$5,074 -4.3%$183,330 +119.2%
    2023$5,304 +17.1%$83,639 -19.3%
    2022$4,528 -6%$103,690 +12.2%
    2021$4,817 +4%$92,440 -5.1%
    2020$4,630 +4.4%$97,420 +12.5%
    2019$4,436 $86,630 +7.7%
    2018$4,436 +4.7%$80,450 +0.7%
    2017$4,237 +8.8%$79,890 +8.7%
    2016$3,894 -5.3%$73,520
    2015$4,113 $73,520 +21.7%
    2013-- $60,430
    2012-- $60,430 -20.3%
    2011-- $75,780 -13.6%
    2010-- $87,660 -13.5%
    2009-- $101,380 +74.2%
    2005-- $58,200 -1.6%
    2004-- $59,150
    2003-- $59,150 +59%
    2002-- $37,200

    Find assessor info on the county website

    Neighborhood: 85253

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kiva Elementary School
    • Middle: Mohave Middle School
    • District: Scottsdale 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
    $2,664,700
    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
    $2,664,700