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$915,000

Beds
4
Baths
2.0
sq ft
2,243

40108 North 2nd Way, Phoenix, AZ 85086

40108 North 2nd Way

Phoenix, AZ 85086

  • 23 days on market
Enjoy peaceful days with unobstructed mountain views on this amazing one acre property bordering State Preserve land in popular Desert Hills. Located at the end of a quiet road, this hacienda style home features 4 large bedrooms, 2 baths, an open concept floor plan with fireplace in the great room, breakfast nook, a separate dining room or office, and an attached 3 car garage PLUS a 2 car detached garage/workshop and single carport. Enjoy picturesque views and sunsets from the covered patio, take a dip in the solar heated pool, relax under the stars in the hot tub, or enjoy a peaceful night by the outdoor fireplace. The base of the property is set-up for horses with a covered corral and graded area for a fenced run, and direct access for trail riding out on the Preserve. Bring your toys - no HOA!

Details

Property type

Single Family Residence

Est. home value

$824,333

Lot size

1.0 acres

Price per sq ft

$408

Year built

2004

Annual property taxes

$3,722

HOA

No

Price History

03/12/2025
ArizonaRegional

ArizonaRegional #6833335

Listed
$915,000
+88.66%
02/28/2019
ARMLS

ARMLS #5856550

Sold
$485,000

Schools & Community

Elementary school: 

Desert Mountain School

Middle school: 

Desert Mountain School

High school: 

Boulder Creek High School

High school district: 

Deer 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

$493,730
Asking price
$915,000
Closing costs (~8% of asking)
-$73,200
Est. remaining loan balance
-$348,070
Cash to seller
$493,730

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

August 2020

Original loan amount

$387,000

Est. remaining balance

$348,070

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

James P Wallace and Susan E Priddy

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?

Status: Active

Tomo last checked: 04/02/2025 at 9:30 PM

Listing updated: 03/13/2025 at 6:30 AM

Listed by: Brian Eastwood, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6833335

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