12048 N 40TH Way, Phoenix, AZ 85028 (MLS# 6945473)

12048 N 40TH Way, Phoenix, AZ 85028

$660,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,846 Lot Size (sq. ft.): 4,275 Status: Active

Current Price: $660,000 Last Modified: 12/21/2025

Description

3-bed, 2.5-bath home in one of Phoenix's most convenient locations near the 51, Paradise Valley, PV Village, and top-rated schools. Bright and open with soaring ceilings, wood-look tile flooring, updated lighting, and fresh interior & exterior paint. The kitchen features quartz counters, refinished cabinets, and a spacious peninsula with patio access. The primary suite offers an updated bath with a walk-in shower and a generous closet. Low-maintenance living close to shopping, dining, hiking, and everything North Phoenix and Scottsdale have to offer.

Open Houses

Saturday, January 03, 12:00 pm - 3:00 pm

More Information MLS# 6945473

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $660,000 Status: Active Current Price: $660,000 List Date: 2025-11-10

Location, Tax & Legal

Assessor's Map #: 46 Legal Description (Abbrev): LOT 53 VILLA MARTINIQUE LOT 1-66 TR A-S MCR 029839 Assessor's Parcel #: 672 Tax Municipality: Phoenix Taxes: 1769 House Number: 12048 Compass: N Street Name: 40TH St Suffix: Way City/Town Code: Phoenix State/Province: AZ Zip Code: 85028 Zip4: 1529 County Code: Maricopa Assessor Number: 167-46-672 Subdivision: VILLA MARTINIQUE LOT 1-66 TR A-S Tax Year: 2024

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Full Bathrooms: 2 Half Bathrooms: 1 Approx SQFT: 1846 Price/SqFt: 357.53 Approx Lot SqFt: 4275 Approx Lot Acres: 0.098 Horses: N Builder Name: Unknown Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Elementary School: Sequoya Elementary School Jr. High School: Cocopah Middle School High School: Chaparral High School Community Pool Y/N: Yes Private Pool Y/N: No Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 3 Total Bathrooms: 3 Year Built: 1991

Legal Info

Range: 4E Section: 19 Township: 3N Lot Number: 53

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Tile: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 100 HOA Fee: 240 HOA Paid Frequency: Monthly HOA Name: Villa Martinique HOA Telephone: 480-635-1133 HOA Management Company: GUD Community Mgmt Special Assessment HOA: Yes Special Assessment Amount Owed: 69 Special Assessment Frequency: Monthly Payment Start Date: 2025-12-01 Payment End Date: 2030-12-01 HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Prepaid Association Fees HOA: 480 Disclosure Fees HOA: 277 Other Fees HOA: 23 Other Fees Description: Demand Fee; Special assessment total $3,525 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 240

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Supra: 1

Architecture

Contemporary: 1

Master Bathroom

Full Bth Master Bdrm: 1 Double Vanity: 1 Private Toilet Room: 1

Master Bedroom

Downstairs: 1

Additional Bedroom

Master Bedroom Walk-in Closet: 1

Fireplace Features

Wood Burning: 1

Flooring

Carpet: 1 Tile: 1

Community Features

Golf: 1

Dining Area

Formal: 1 Eat-in Kitchen: 1

Heating

Electric: 1

Kitchen Features

Non-laminate Counter: 1 Quartz Countertops: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Interior Features

Vaulted Ceiling(s): 1

Laundry

Washer Hookup: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Great Room: 1

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Block: 1

Water Source

City Water: 1

Community Pool Features

Fenced: 1 Outdoor: 1

Exterior Features

Covered Patio(s): 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 2 Garage Spaces: 2

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Utilities

APS: 1

Existing 1st Loan

Other (See Remarks): 1

Landscaping

Desert Back: 1 Grass Front: 1

Items Updated

Floor Yr Updated: 2025 Floor Partial/Full: Partial Bath(s) Yr Updated: 2025 Bath(s) Partial/Full: Partial

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

Common Area Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Prof Managed: 1

Remarks Misc

Cross Street: Cactus & 40th St Directions: North on 40th Street. Turn left (west) on Sharon Drive. Continue to 40th Way and follow to the home on the left. Geo Lat: 33.596185 Geo Lon: -111.995408

Property Features

Special Listing Cond: N/A Architecture: Contemporary Master Bathroom: Full Bth Master Bdrm; Double Vanity; Private Toilet Room Master Bedroom: Downstairs Additional Bedroom: Master Bedroom Walk-in Closet Fireplace Features: Wood Burning Flooring: Carpet; Tile Community Pool Features: Fenced; Outdoor Spa: None Community Features: Golf Dining Area: Formal; Eat-in Kitchen Kitchen Features: Quartz Countertops; Non-laminate Counter Laundry: Washer Hookup; Inside Other Rooms: Great Room Interior Features: Vaulted Ceiling(s) Exterior Features: Covered Patio(s) Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Electric Utilities: APS Water Source: City Water Sewer: Sewer - Public Fencing: Block Landscaping: Desert Back; Grass Front Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Other (See Remarks) New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail

Documents

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Listing Office: Good Oak Real Estate

Last Updated: December - 21 - 2025