1550 N 40th St Unit 14 Mesa, AZ 85205
Citrus NeighborhoodHighlights
- Play Pool
- Gated Parking
- Fireplace in Primary Bedroom
- Bush Elementary School Rated A-
- Gated Community
- Wood Flooring
About This Home
As of June 2024UNBELIEVABLE OPPORTUNITY! ONLY $418.59 per square foot - FURNISHED! This is a must experience gated Mediterranean estate situated on a secluded lot in the gated community of El Portillo. This is an entertainer's dream designed for resort-syle living. Drive through the rosebush hedges and a grand gate will welcome you to the motor courtyard where you'll find yourself on vacation in a beautiful foreign country. The sights, the sounds and the smells are heavenly. After you tour the fountain and flower gardens and make your way to the grand entry, you will be welcomed into a gorgeous foyer with 20+' ceilings, a grand staircase and a formal living room built for a king with views of the majestic backyard which has over 1200 sq ft of covered patios, a gorgeous fountain that... trails down to the playful grass area, a lush formally landscaped sanctuary with an all tile pool, a large ramada with sitting area, outdoor fireplace and other fun features! Plan weddings, proms, graduations, business meetings or neighborly get-togethers in this completely private tree lined private estate.
Inside you will find 14,322 square feet of pure luxury. The main floor has the Majesty's bedroom with a hand carved cantera fireplace, a large luxurious bathroom and access to a private patio and even has a banana tree. Nearby is a stately wood encased den/library and access to 4 of the 9 car garages. The formal living room is magnificent with hand painted ceilings, hand-carved cantera stone pillars & fireplace, custom made furnishings with room for a grand piano. Around the corner is a chef's kitchen and dining room that is elegant and complete with ambient fireplace and incredible ceilings and cabinetry detail, a large stone covered island, two Miele dishwashers, two built in ovens, two warming drawers, newer Dacor gas cooktop, two microwaves and built-in fridge/freezer. The formal dining room with its own ice maker, cabinetry and pantry, is adjacent to the built-in barbecue and "Little Italy" lushly landscaped private patio with party lights. The main level also includes a large family room, a giant game room, pool bath, and large exercise room off the patio. Don't miss the 15 person home theater with AMC like acoustics and electronics! The owner recently paid nearly $1m for electronics, sound and security systems throughout the home!
Upstairs you will enter into a grand ballroom-like game room/second family room with an adult engineered slide where you can quickly meander and slide down to the first floor's game room and patio. The second floor is enchanted with hotel-like amenities - including a 2nd romantic primary bedroom with two sitting rooms, fireplace and picturesque balcony. The primary bath is fit for a queen with large mirrored vanities, a jet tub big enough for two, a beautiful see through shower with many shower heads and body sprays, not to mention the glass lined cabinets in the walk-in closets w/ a convenient stackable washer & dryer. With its spaciousness, high ceilings, and gorgeously appointed detail, it feels like a spa retreat.
There are a total of 7 bedrooms (5 master suites including sitting areas, walk-in closets and grand en-suite bathrooms). There are numerous balconies on the second level all with great views of the stately yard and when doors or windows are open you can listen to the water splashing in the fountains or music playing inside and out.
The backyard has plenty of areas to entertain, and the owner has hosted parties with over 400 guests. 7 Energy-Efficient HVAC Systems all less than 3 years old and newer Ruud energy efficient Water Heaters. This is the only lot in the community that has no neighbors boarding their lot. It is a gated private estate inside a gated luxury neighborhood. The backyard has its own private gate to directly access the community tennis court, basketball court and park area.
Don't miss this opportunity of a lifetime - homes like this are 2 to 4 times more expensive in Scottsdale or Paradise Valley.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,832
Year Built
- Built in 2004
Lot Details
- 1.08 Acre Lot
- Block Wall Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
HOA Fees
- $267 Monthly HOA Fees
Parking
- 9 Car Direct Access Garage
- 4 Open Parking Spaces
- Garage ceiling height seven feet or more
- Garage Door Opener
- Gated Parking
Home Design
- Wood Frame Construction
- Tile Roof
- Foam Roof
- Stone Exterior Construction
- Stucco
Interior Spaces
- 14,322 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Furnished
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Living Room with Fireplace
- 3 Fireplaces
Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 7 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bathroom is a Full Bathroom
- 10 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
Home Security
- Security System Owned
- Smart Home
- Fire Sprinkler System
Eco-Friendly Details
- ENERGY STAR Qualified Equipment for Heating
Outdoor Features
- Play Pool
- Balcony
- Patio
- Outdoor Fireplace
- Gazebo
- Built-In Barbecue
- Playground
Schools
- Bush Elementary School
- Stapley Junior High School
- Mountain View High School
Utilities
- Refrigerated Cooling System
- Heating Available
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 141-31-071
Community Details
Overview
- Association fees include ground maintenance, street maintenance
- Snow Prop Services Association, Phone Number (480) 635-1133
- Built by Custom
- Citrus Manor Aka El Portillo Subdivision
Recreation
- Tennis Courts
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $5,100,000 | -14.9% | $356 / Sq Ft |
| 06/19/2024 06/19/24 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | Price Changed | $5,995,000 | +9.2% | $419 / Sq Ft |
| 05/20/2024 05/20/24 | For Sale | $5,490,000 | -- | $383 / Sq Ft |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,081 | $188,114 | -- | -- |
| 2024 | $18,832 | $179,156 | -- | -- |
| 2023 | $18,832 | $187,200 | $37,440 | $149,760 |
| 2022 | $18,447 | $162,500 | $32,500 | $130,000 |
| 2021 | $20,834 | $173,210 | $34,640 | $138,570 |
| 2020 | $22,627 | $181,710 | $36,340 | $145,370 |
| 2019 | $23,005 | $188,350 | $37,670 | $150,680 |
| 2018 | $22,995 | $210,450 | $42,090 | $168,360 |
| 2017 | $22,314 | $216,580 | $43,310 | $173,270 |
| 2016 | $21,811 | $228,650 | $45,730 | $182,920 |
| 2015 | $20,569 | $218,630 | $43,720 | $174,910 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,200,000 | Credit Line Revolving | |
| Previous Owner | $350,000 | Unknown | |
| Previous Owner | $2,230,000 | Stand Alone Second | |
| Previous Owner | $1,480,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | Unknown |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $51,000,000 | Magnus Title Agency | |
| Cash Sale Deed | $1,625,000 | Grand Canyon Title Agency In | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed In Lieu Of Foreclosure | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Cash Sale Deed | $330,000 | Transnation Title Insurance | |
| Interfamily Deed Transfer | -- | Transnation Title Insurance | |
| Warranty Deed | $225,000 | Transnation Title Insurance | |
| Cash Sale Deed | $225,000 | -- | |
| Interfamily Deed Transfer | -- | First American Title | |
| Cash Sale Deed | $157,250 | First American Title | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Warranty Deed | $150,000 | Chicago Title Insurance Co | |
| Cash Sale Deed | $150,000 | First American Title |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6707919
APN: 141-31-071
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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