6554 N 40th Place Paradise Valley, AZ 85253
Paradise Valley NeighborhoodEstimated payment $47,938/month
Total Views
20,741
6
Beds
6.5
Baths
7,500
Sq Ft
$1,133
Price per Sq Ft
Highlights
- Guest House
- Heated Spa
- 1.02 Acre Lot
- Kiva Elementary School Rated A
- City Lights View
- Contemporary Architecture
About This Home
Welcome to this 7,500 sq ft private estate, a masterpiece by UR Development's in-house team. Enter through dramatic glass doors into a stunning open-concept design with 95% of the living space on one level. Enjoy six ensuite bedrooms, an office, powder room, and four-car garage. The versatile casita overlooks the pool, and the chef's kitchen boasts dual islands, custom cabinetry, and Wolf/Sub-Zero appliances. Entertain in style with a custom wood wine cellar and handcrafted bar. Outdoor features include desert landscaping, an infinity-edge pool, an eight-person spa, a fireplace, and a fire pit. Revel in panoramic views of Camelback and Piestewa Peak, with a C4 smart home system and more. Ideally located minutes from Arcadia, Scottsdale Waterfront, and Biltmore.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,016
Year Built
- Built in 2025
Lot Details
- 1.02 Acre Lot
- Desert faces the front and back of the property
- Wrought Iron Fence
- Block Wall Fence
- Artificial Turf
- Backyard Sprinklers
- Sprinklers on Timer
- Private Yard
Parking
- 5 Open Parking Spaces
- 5 Car Garage
- 4 Carport Spaces
- Electric Vehicle Home Charger
Property Views
- City Lights
- Mountain
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Spray Foam Insulation
- Foam Roof
- Stone Exterior Construction
- Stucco
Interior Spaces
- 7,500 Sq Ft Home
- 1-Story Property
- Wet Bar
- Gas Fireplace
- Mechanical Sun Shade
- Family Room with Fireplace
- 3 Fireplaces
- Wood Flooring
- Smart Home
- Eat-In Kitchen
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bathroom is a Full Bathroom
- 6.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bidet
Pool
- Heated Spa
- Heated Pool
Outdoor Features
- Balcony
- Built-In Barbecue
Schools
- Kiva Elementary School
- Mohave Middle School
- Saguaro High School
Utilities
- Cooling Available
- Heating Available
- Septic Tank
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- Guest House
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by UR Development
- Lincoln Heights Subdivision
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 169-52-013
Map
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Home Values in the Area
Average Home Value in this Area
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 | $14,844 | $252,499 | -- | -- |
| 2024 | $6,711 | $240,475 | -- | -- |
| 2023 | $6,711 | $184,200 | $36,840 | $147,360 |
| 2022 | $6,016 | $94,820 | $18,960 | $75,860 |
| 2021 | $6,395 | $89,710 | $17,940 | $71,770 |
| 2020 | $5,754 | $97,370 | $19,470 | $77,900 |
| 2019 | $5,534 | $84,620 | $16,920 | $67,700 |
| 2018 | $5,307 | $79,810 | $15,960 | $63,850 |
| 2017 | $5,074 | $73,210 | $14,640 | $58,570 |
| 2016 | $5,198 | $81,350 | $16,270 | $65,080 |
| 2015 | $4,901 | $81,350 | $16,270 | $65,080 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Price Changed | $8,499,000 | -5.6% | $1,133 / Sq Ft |
| 01/24/2025 01/24/25 | Price Changed | $8,999,000 | -4.2% | $1,200 / Sq Ft |
| 09/19/2024 09/19/24 | For Sale | $9,390,000 | 0.0% | $1,252 / Sq Ft |
| 09/14/2024 09/14/24 | Off Market | $9,390,000 | -- | -- |
| 08/15/2024 08/15/24 | Price Changed | $9,390,000 | -3.1% | $1,252 / Sq Ft |
| 03/25/2024 03/25/24 | For Sale | $9,690,000 | 0.0% | $1,292 / Sq Ft |
| 03/23/2024 03/23/24 | Off Market | $9,690,000 | -- | -- |
| 03/08/2024 03/08/24 | Price Changed | $9,690,000 | -2.0% | $1,292 / Sq Ft |
| 10/05/2023 10/05/23 | For Sale | $9,890,000 | +889.0% | $1,319 / Sq Ft |
| 11/24/2020 11/24/20 | Sold | $1,000,000 | -4.8% | $315 / Sq Ft |
| 07/14/2020 07/14/20 | Pending | -- | -- | -- |
| 07/06/2020 07/06/20 | Price Changed | $1,050,000 | -4.1% | $330 / Sq Ft |
| 06/08/2020 06/08/20 | Price Changed | $1,095,000 | -8.4% | $345 / Sq Ft |
| 04/30/2020 04/30/20 | Price Changed | $1,195,000 | -4.4% | $376 / Sq Ft |
| 04/14/2020 04/14/20 | For Sale | $1,250,000 | -- | $393 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,000,000 | Old Republic Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,200,000 | Construction | |
| Closed | $4,000,000 | New Conventional | |
| Closed | $2,415,000 | Construction | |
| Closed | $750,000 | Commercial |
Source: Public Records
Similar Homes in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6613811
APN: 169-52-013
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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