#6803006, Anne Marie Martin, Listing office: Coldwell Banker Realty

7040 N 1st Ave Phoenix, AZ 85021
Property details
About 7040 N 1st Ave
Priced $125K below March 2025 appraisal! Nestled in a prime North Central cul-de-sac, this beautiful home effortlessly combines style, practicality, and comfort. From the moment you step into the open foyer with its curved staircase and soaring ceilings, you'll be captivated by the thoughtful design and attention to detail throughout. The remodeled gourmet kitchen is a chef's dream, boasting a six-burner Wolf range, dual dishwashers, a Sub-Zero refrigerator, and a sprawling island with granite countertops. A cozy breakfast nook and wet bar make this space equally suited for quiet mornings or lively gatherings. Plantation shutters, warm neutral tones, and travertine floors add timeless sophistication to every corner of the home.The well-designed floor plan includes a downstairs primary suite for ultimate convenience, along with 3 additional bedrooms, a private office/den, a bonus room, and an airy loft. The inviting living room features a gas fireplace and a huge sliding glass door, seamlessly blending indoor and outdoor living spaces. Step outside to an entertainer's paradise in the expansive backyard, complete with a heated pool and spa, a ramada with gas patio heaters, a built-in BBQ, and a flagstone patio with a fire pit. Mature trees and lush landscaping frame a spacious lawn and game area, perfect for hosting or unwinding. This home offers easy access to schools and is conveniently located just across Central Ave from the Murphy Bridle Path, Uptown Farmer's Market, and excelling public and private schools. A pedestrian cut-through on Glenn connects to 3rd Avenue, providing easy access to walking and biking paths. Don't miss the opportunity to make this exceptional home yours! Priced $125,000 below $1,850,000 appraisal completed on March 7th, 2025!
Highlights
Summary
- Flooring Type: Carpet, Tile, Wood
- Interior: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, 9+ Flat Ceilings, Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: Fire Pit, 2 Fireplace, Exterior Fireplace, Family Room, Gas
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Parking: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
- Exterior: Built-in Barbecue
- Architectural Style: Santa Barbara/Tuscan
- Heating: Natural Gas
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $1,725,000
- Price/SqFt: $421
- Annual Tax Amount: $10,826
- Tax Year: 2024
- Lot: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front
- Directions: North on Central to Glenn, West to 1st Ave, South to property.
- Year Built: 1995
- Stories: 2
- Living Area: 4,094 SqFt
- Lot Size: 0.36 Acres
- MLS Number: 6805381
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Compass
- Office Phone: (480) 776-1555
- Office Email: lexie@azhomes.com
- Listing Agent: Stephen T Caniglia, Erik Jensen
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 10:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 13, 2005 | Home Sold | $875,000 |
Mar 10, 1995 | Home Sold | $444,156 |
Nov 01, 1994 | Home Sold | $110,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $122,500 | $10,826 |
2023 | $115,560 | $10,485 |
2022 | $86,450 | $10,581 |
2020 | $81,850 | $10,407 |
2019 | $75,660 | $9,901 |
2017 | $69,520 | $9,406 |
History based on county public records data.
Nearby schools
7
Madison Simis Elementary School
Public District PK-4
0.8 mi
•7302 N 10th St
5
Madison Rose Lane Elementary School
Public District PK-4
1.4 mi
•1155 E Rose Ln
3
Desert View Elementary School
Public District PK-6
1.7 mi
•8621 N 3rd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $139,919. Residents of Phoenix, AZ typically earn between $100k-200k each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
Frequently asked questions
About 7040 N 1st Ave
The listing price of 7040 N 1st Ave property is $1,725,000.
The property 7040 N 1st Ave is a house located in Phoenix, Arizona, 85021.
Accepting Backup Offers: 7040 N 1st Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 7040 N 1st Ave are: Madison Simis Elementary School (GreatSchools Rating 7/10), Madison Rose Lane Elementary School (GreatSchools Rating 5/10), Desert View Elementary School (GreatSchools Rating 3/10), Madison Meadows Middle School (GreatSchools Rating 6/10), Madison Traditional Academy (GreatSchools Rating 10/10), Orangewood School (GreatSchools Rating 2/10), New World Educational Center (GreatSchools Rating 7/10), Washington High School (GreatSchools Rating 7/10), Sunnyslope High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $10,826 (source: MLS/based on county public records data).
The last sale was on January 13, 2005 for $875,000 (source: MLS/tax record).
The property at 7040 N 1st Ave has 4 bedrooms and 4 bathrooms.
The property 7040 N 1st Ave is 4,094 SqFt (source: MLS/tax record).
The year of construction for 7040 N 1st Ave is 1995.
This home is located at 7040 N 1st Ave in Phoenix, AZ and zip code 85021 in the North Central Corridor neighborhood. This 4,094 square foot home, which was built in 1995, sits on a 0.36 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $1,725,000.
In June 2025 more than 188 listings in Phoenix, AZ were sold above the asking price. During the same period more than 341 listings were sold at asking price, while more than 788 were sold below. Between May and June 2025, Phoenix, AZ real estate market has seen decrease in the number of listings by 0.2%. In June 2025, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $460,087.