#6807265, Joan A Levinson, Listing Office: Realty ONE Group
#6856303·
Listing office: Redfin Corporation·
Listing agent: Max Shadle·
Listing office phone: 602-483-4919
$3,060,000 List price
7131 N 40th St Paradise Valley, AZ 85253
2 beds
4 baths
4,571 sqft
1.4 acres
$669 / sqft
House
Property details
About 7131 N 40th St
Nestled high in a canyon on the hillside of Phx Mountain Preserve, this charming home in a peaceful location has dramatic views of the surrounding mountains. Relax by the sparkling pool on your spacious, beautifully landscaped private patio while taking in the spectacular scenery! Large, comfortable living room w/ wet bar, beehive fireplace & sliding doors to patio is ideal space for entertaining. Spacious kitchen w/ large adjacent dining room both have tremendous mountain views. Luxurious primary suite opens to patio, & bright, open primary bath w/ huge walk in closet. Second floor addition provides an amazing additional living & entertainment area featuring a full bathroom, expansive wet bar w/ granite counters, huge covered balcony w/ outdoor fireplace & expansive, panoramic views! This beautifully maintained home is solid slump block construction. The rich saltillo tile in the entry and kitchen, and exposed wood beams in the living, dining and primary bedroom give the home a warm, inviting ambiance. The large den with built in cabinetry near the front of the home is an ideal home office or could easily be converted to an extra bedroom. Large laundry room with utility sink, plus a spacious two car garage providing ample storage space. Beautifully manicured desert landscaping on this nearly 1.5 acre lot adds to the wonderful curb appeal of this gorgeous home. Don't miss the opportunity to visit this beautiful property in person and take in the spectacular surroundings for yourself!
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size4,571 sqft
Lot size1.44 Acres
Year built1970
ParkingGarage Door Opener, Direct Access
MLS #6856303
Garage2 spaces
Fireplace2 Fireplace, Exterior Fireplace, Living Room
ViewMountain(s)
Private poolYes
Virtual tour
Summary
- Flooring Type: Carpet, Tile
- Interior: High Speed Internet, Double Vanity, Master Downstairs, Wet Bar, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Laminate Counters
- Fireplace: 2 Fireplace, Exterior Fireplace, Living Room
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Private Pool: Yes
- Parking: Garage Door Opener, Direct Access
- View: Mountain(s)
- Exterior: Balcony, Storage, Built-in Barbecue
- Architectural Style: Spanish
- Heating: Electric
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $3,060,000
- Price/SqFt: $669
- Annual Tax Amount: $7,558
- Tax Year: 2024
- Lot: Sprinklers In Front, Desert Front, Cul-De-Sac
- Directions: West on Lincoln, north on 40th St. Proceed up the hill, and home will be on the north side of the road just before the gate to Crown Canyon.
- Year Built: 1970
- Stories: 2
- Living Area: 4,571 SqFt
- Lot Size: 1.44 Acres
- MLS Number: 6856303
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Redfin Corporation
- Office Phone: (602) 483-4919
- Office Email: kristi.penrod@redfin.com
- Listing Agent: Max Shadle
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: 5/21/2025, 7:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,060,000
7131 N 40th St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 23, 2000 | Home Sold | $765,000 |
| Apr 23, 1992 | Home Sold | $342,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $230,020 | $7,558 |
| 2023 | $175,660 | $7,226 |
| 2022 | $133,930 | $7,719 |
| 2020 | $126,150 | $7,666 |
| 2019 | $112,670 | $7,084 |
| 2017 | $107,970 | $6,782 |
History based on county public records data.
Nearby schools
6
Madison Heights Elementary School
Public District PK-4
2.4 mi
•7150 N 22nd St
10
Cherokee Elementary School
Public District EE-5
2.6 mi
•8801 N 56th St
8
Mercury Mine Elementary School
Public District PK-6
2.7 mi
•9640 N 28th 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 $200,655. The majority of Paradise Valley, AZ residents have income $200k+ annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
4%
<35k
17%
35k-100k
26%
100k-200k
53%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
21%
Single, No Kids
5%
Single, with Kids
59%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
7%
12-17 yrs old
6%
18-34 yrs old
46%
35-64 yrs old
32%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
Men's Tennis
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Bloomingdales
Where do the neighbors go to eat?
Cracker Barrel
Panera
Bob Evans
What do the neighbors drive?
Lexus
Infiniti
Lincoln
What do the neighbors listen to?
Oldies
Adult Hits
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7131 N 40th St
The listing price of 7131 N 40th St property is $3,060,000.
The property 7131 N 40th St is a house located in Paradise Valley, Arizona, 85253.
Active Listing: 7131 N 40th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7131 N 40th St are: Madison Heights Elementary School (GreatSchools Rating 6/10), Cherokee Elementary School (GreatSchools Rating 10/10), Mercury Mine Elementary School (GreatSchools Rating 8/10), Biltmore Preparatory Academy (GreatSchools Rating 5/10), Villa Montessori - Phoenix Campus (GreatSchools Rating 9/10), Shea Middle School (GreatSchools Rating 3/10), Accelerated Learning Center (GreatSchools Rating 5/10), Camelback High School (GreatSchools Rating 2/10), Shadow Mountain High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $7,558 (source: MLS/based on county public records data).
The last sale was on May 23, 2000 for $765,000 (source: MLS/tax record).
The property at 7131 N 40th St has 2 bedrooms and 4 bathrooms.
The property 7131 N 40th St is 4,571 SqFt (source: MLS/tax record).
The year of construction for 7131 N 40th St is 1970.
This home is located at 7131 N 40th St in Paradise Valley, AZ and zip code 85253 in the Clearwater Hills neighborhood. This 4,571 square foot home, which was built in 1970, sits on a 1.44 acre lot. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $3,060,000.
In April 2025 more than 4 listings in Paradise Valley, AZ were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 33 were sold below. In April 2025 in Paradise Valley, AZ there were 0.6% more homes for sale than in March. Listings spent 82 days on the market in April 2025, and had a median list price of $3,550,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.