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$1,125,000 Just Listed
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Property Description
Rare basement home in the desirable Desert Hills area of North Phoenix.
Full Property Details
Full Property Details for 40927 N 3rd Ave
General
- Price: $1,125,000
- Taxes: $7,098 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6986860
- Updated: 2/19/2026
- Added to Site: Today
Interior
- Interior Features: Walk-in Pantry, High Speed Internet, Smart Home, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Roller Shields, Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Appliances: Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Dishwasher, Disposal, Electric Range, Electric Cooktop, Built-In Electric Oven
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Engy Star (See Rmks)
Additional Information
- Pool: Yes
- Pool Description: Variable Speed Pump, Outdoor, Heated
Exterior
- Exterior Features: Storage, RV Hookup
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Attached Garage, RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Side Vehicle Entry
Location
- County: Maricopa
- Township: 6N
- Subdivision: Desert Hills
- Cross Streets: 7th Avenue & Carefree Hwy
Community
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: HVAC SEER Rating, Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thermostat
- Heating Type: ENERGY STAR Qualified Equipment
Utilities
- Water: Shared Well
- Well: Yes
Structural Information
- Architectural Style: Ranch,
- Builder: Custom
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Reflective Coating, Tile, Rolled/Hot Mop
- Windows: Low-Emissivity Windows, Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 2005
Lot Features
- Property View: Desert, Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 1.14
- Lot Size (Sq. Ft.): 49,851
- Lot Size Source: Assessor
- Lot Features: Borders Common Area, North/South Exposure, Borders Preserve/Public Land, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac
Horse Property
- Horse Property: Yes
Green Features
- Water Conservation: Recirculation Pump
Financial Considerations
- Tax Amount: $7,098
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: E 151F N2 NW4 NE4 NW4 SEC 20
- Property ID: 211-73-006-D
- Range: 3E
- Section: 20
- Lot Number: D
Listed by Real Broker
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Schools
Schools serving 40927 N 3rd Ave
School District:Deer Valley Unified District
| Name | Grades | Distance |
|---|---|---|
Desert Mountain Middle School 35959 N 7th Ave, Desert Hills, AZ 85086 | PK-8 | 3.2 mi |
Boulder Creek High School 40404 N Gavilan Peak Pkwy, Phoenix, AZ 85086 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40927 N 3rd Ave
Date
Details
Price
Change
Source
2/19/2026
Listed
$1,125,000
181.25%
MLS
10/14/2008
Sold
$400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40927 N 3rd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,098
2%
$104,910
11%
2024
$6,965
6%
$94,400
-4%
2023
$6,601
4%
$98,600
24%
2022
$6,346
—
$79,470
33%
2022
$6,346
-2%
$59,730
4%
2021
$6,470
2%
$57,210
2%
2020
$6,325
3%
$55,980
1%
2019
$6,113
4%
$55,550
4%
2018
$5,892
2%
$53,510
8%
2017
$5,770
10%
$49,580
—
2016
$5,239
10%
$49,650
8%
2015
$4,768
3%
$46,070
17%
2014
$4,615
13%
$39,220
15%
2013
$4,099
—
$34,170
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40927 N 3rd Ave
40927 N 3rd Avenue, Phoenix, AZ 85086 (MLS# 6986860) is a Single Family property with 5 bedrooms and 3 full bathrooms. 40927 N 3rd Avenue is currently listed for $1,125,000 and was received on February 19, 2026. Want to learn more about 40927 N 3rd Avenue? Do you have questions about finding other Single Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

