$2,420,000
7122 N 40TH Street
Paradise Valley, AZ 85253
MLS# 6598189
Status: Closed
3 beds  |  3.5 baths  |  2798 sqft


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Property Description
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.

Details
Contract Information
Sold Price: $2,420,000
Status: Closed
Current Price: $2,420,000
List Date: 2023-08-28
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
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: US
County Code: Maricopa
Assessor Number: 169-13-048-C
Subdivision: CLEARWATER HILLS 2 LOTS 197-198, 201-206
Tax Year: 2022
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 3
Full Bathrooms: 3
Half Bathrooms: 1
Total 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
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: Yes
Fireplaces Total: 1
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Kiva Elementary School
Jr. High School: Mohave Middle School
Legal Info
Township: 2N
Range: 4E
Section: 6
Lot Number: 181
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2
Items Updated
Ht/Cool Yr Updated: 2013
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
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
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Contemporary
View: City Lights; Mountain(s)
Master Bathroom: 3/4 Bath Master Bdrm; Full Bth Master Bdrm; Double Vanity; Private Toilet Room
Master Bedroom: Split; Upstairs
Additional Bedroom: Master Bedroom Walk-in Closet
Fireplace Features: Fireplace Living Rm; Other
Flooring: Carpet; Tile
Window Features: Dual Pane
Private Pool Features: Fenced; Diving Pool
Spa: None
Dining Area: Formal
Kitchen Features: Electric Cooktop; Gas Cooktop; Disposal; Dishwasher; Refrigerator; Wall Oven(s); Granite Counters; Kitchen Island
Laundry: Washer Hookup
Other Rooms: Great Room
Interior 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 Veneer
Roofing: Composition; Built-Up
Cooling: Central Air
Heating: Natural Gas
Plumbing: Electric Hot Wtr Htr; Gas Hot Water Heater
Utilities: APS; SW Gas
Water Source: Pvt Water Company
Sewer: Septic Tank; Septic-In & Connected
Fencing: Wrought Iron
Property Description: Borders Preserve/Public Land; Hillside Lot; 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
Possession: By Agreement
Unit Style: Two Levels; Three or More Levels
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Cash to Loan; VA; FHA; Conventional; Owner May Carry; 1031 Exchange
Disclosures: None

IDX
Listing Office: Grace CRE

Office Phone: 602-975-5516

Office Email: [email protected]

Last Updated: February - 05 - 2026

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