7122 N 40TH Street, Paradise Valley, AZ 85253 (MLS# 6598189)

Contract Information

Status Change Date: 2023-12-06 Sold Price: $2,420,000 Status: Closed Current Price: $2,420,000 List Date: 2023-08-28 Type: ER Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 2.5 Variable Commission: Y

Location, Tax & Legal

House Number: 7122 Compass: N Street Name: 40TH St Suffix: Street City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 2863 Country: USA County Code: Maricopa Assessor's Map #: 13 Assessor's Parcel #: 48 Assessor Parcel Ltr: C Assessor Number: 169-13-048-C Legal Description (Abbrev): LOT 181 CLEARWATER HILLS 2 LOTS 197-198, 201-206 MCR 008425 Subdivision: CLEARWATER HILLS 2 LOTS 197-198, 201-206 Tax Municipality: Paradise Valley Taxes: 4528 Tax Year: 2022

General Property Description

Dwelling Type: Single Family - Detached Dwelling Styles: Detached Exterior Stories: 2 # of Interior Levels: 2 # Bedrooms: 3 # Bathrooms: 3.5 Approx SQFT: 2798 Price/SqFt: 864.9 Horses: N Builder Name: Custom Year Built: 1973 Lead Based Hazard Disclosure: No Approx Lot SqFt: 50913 Approx Lot Acres: 1.169 Flood Zone: No Pool: Private Only Elementary School: Kiva Elementary School Jr. High School: Mohave Middle School High School: Saguaro Elementary School Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District

Remarks & Misc

Cross Street: Lincoln & 40th St Directions: North to Last Property on the West Side of 40th ST. Not in gated community. Views East, North and South...Mountain shelters west Sun/Heat. Geo Lat: 33.540962 Geo Lon: -111.994937

Status Change Info

Off Market Date: 2023-11-14 Under Contract Date: 2023-10-24 Close of Escrow Date: 2023-12-05 Sold Price: $2,420,000

Legal Info

Township: 2N Range: 4E Section: 6 Lot Number: 181

Pmt & Rate Info

Down Payment: 925000

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee $/%: $ Cap Improvement/Impact Fee 2 $/%: $ Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: Y

Items Updated

Ht/Cool Yr Updated: 2013

Parking Spaces

Garage Spaces: 2 Slab Parking Spaces: 2 Total Covered Spaces: 2

Sold Info

Loan Type: Conventional Loan Years: 30 Payment Type: Fixed Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Contemporary Master Bathroom: 3/4 Bath Master Bdrm; Full Bth Master Bdrm; Double Sinks; Private Toilet Room Master Bedroom: Split; Upstairs Additional Bedroom: Master Bedroom Walk-in Closet Fireplace: 1 Fireplace; Fireplace Living Rm; Other (See Remarks) Flooring: Carpet; Tile Windows: Dual Pane Pool Features: Private; Fenced; Diving Pool Spa: None Dining Area: Formal Kitchen Features: Cook Top Elec; Cook Top Gas; Disposal; Dishwasher; Refrigerator; Wall Oven(s); Granite Countertops; Kitchen Island Laundry: Wshr/Dry HookUp Only Other Rooms: Great Room Features: Skylight(s); Vaulted Ceiling(s); 9+ Flat Ceilings Technology: Cable TV Avail Exterior Features: Balcony; Patio; Pvt Yrd(s)/Crtyrd(s) Parking Features: Separate Strge Area Construction: Slump Block Const - Finish: Painted; Brick Trim/Veneer Roofing: Comp Shingle; Built-Up Cooling: Refrigeration Heating: Natural Gas Plumbing: Electric Hot Wtr Htr; Gas Hot Water Heater Utilities: APS; SW Gas Water: Pvt Water Company Sewer: Septic Tank; Septic in & Cnctd Fencing: Wrought Iron Property Description: Border Pres/Pub Lnd; Hillside Lot; City Light View(s); Mountain View(s); North/South Exposure Landscaping: Natural Desert Front; Natural Desert Back; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra (ARMLS) Possession: By Agreement Unit Style: Two Levels; Three or More Levels Association Fee Incl: No Fees Assoc Rules/Info: None Existing 1st Loan: Treat as Free&Clear New Financing: CTL; VA; FHA; Conventional; Seller May Carry; 1031 Exchange Disclosures: None