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$699,000

Beds
4
Baths
2.0
sq ft
1,860

18825 North 40th Place, Phoenix, AZ 85050

18825 North 40th Place

Phoenix, AZ 85050

  • 4 days on market
    • Open house Feb 02
Prime location with easy access to the 51 and 101, Desert Ridge, shopping and amenities. Large pie shaped lot with mature vegetation and sparkling pool making this a truly private oasis in the desert! SS appliances .Exterior and interior of the home painted in January of 2022. Water heater replaced /January 2025. Well maintained home shows the pride of ownership. Extended covered patio area with fire table seating. New pool filters in June of 2024.

Details

Property type

Single Family Residence

Est. home value

$620,511

Lot size

0.25 acres

Price per sq ft

$376

Year built

1987

Annual property taxes

$2,644

HOA

No

Price History

01/28/2025
ArizonaRegional

ArizonaRegional #6811778

Listed
$699,000
+24.82%
11/22/2021
ArizonaRegional

ArizonaRegional #6307215

Sold
$560,000

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

Quail Run Elementary School

Middle school: 

Vista Verde Middle School

High school: 

Paradise Valley High School

High school district: 

Paradise Valley Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$175,238
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$467,842
Cash to seller
$175,238

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

November 2021

Original loan amount

$504,000

Est. remaining balance

$467,842

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Antonello Fagotti and Ilaria Alessandri

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/02/2025 at 6:00 AM

Listing updated: 01/29/2025 at 2:50 PM

Listed by: Anita M Reinkensmeyer, Realty Executives Phone #: (480) 585-0101

MLS: ArizonaRegional #6811778

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