40927 N 3RD Avenue, Phoenix, AZ 85086

$1,095,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,914 Lot Size (sq. ft.): 49,851 Status: Closed
Current Price: $1,095,000 Last Modified: 4/18/2026

Overview

Description

Rare basement home in the desirable Desert Hills area of North Phoenix.

Listing Details MLS# 6986860

Location, Tax & Legal

House Number
40927
Compass
N
Street Name
3RD
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85086
Zip4
8917
County Code
Maricopa
Assessor Number
211-73-006-D
Subdivision
Desert Hills
Tax Year
2025
Assessor's Map #
73
Legal Description (Abbrev)
E 151F N2 NW4 NE4 NW4 SEC 20
Assessor's Parcel #
6
Assessor Parcel Ltr
D
Tax Municipality
Maricopa - COUNTY
Taxes
7098

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
2
# Bedrooms
5
Full Bathrooms
3
Half Bathrooms
Yes
Total Bathrooms
4
Approx SQFT
3914
Price/SqFt
279.76
Horses
Y
Builder Name
Custom
Year Built
2005
Approx Lot SqFt
49851
Approx Lot Acres
1.144
Community Pool Y/N
No
Private Pool Y/N
Yes
Fireplace YN
No
Planned Comm Name
Desert Hills
Marketing Name
Desert Hills
Elementary School District
Deer Valley Unified District
High School District
Deer Valley Unified District
Elementary School
Desert Mountain School
Jr. High School
Desert Mountain School
High School
Boulder Creek High School

Remarks Misc

Cross Street
7th Avenue & Carefree Hwy
Directions
7th Avenue north to Saddle Mountain, east to 3rd Ave, north to the 3rd street on the right. Home is 4th property on the left/north side of street.

Status Change Info

Off Market Date
2026-03-18
Under Contract Date
2026-02-27
Close of Escrow Date
2026-03-18

Legal Info

Township
6N
Range
3E
Section
20
Lot Number
D

More Information

Basement

Basement Y/N
Y

Items Updated

Ht/Cool Yr Updated
2023
Ht/Cool Partial/Full
Full
Kitchen Yr Updated
2023
Kitchen Partial/Full
Partial
Pool Yr Updated
2025
Pool Partial/Full
Full

Parking Spaces

Garage Spaces
3
Slab Parking Spaces
6
Total Covered Spaces
3

Cooling

HVAC SEER Rating
18
Ceiling Fan(s)
Yes
ENERGY STAR Qualified Equipment
Yes
Programmable Thmstat
Yes
Central Air
Yes

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession to Buyer
2980
Seller Concession $/%
$
Buyer Concession to Seller
0

Special Listing Cond

N/A
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Tile
Yes
Rolled
Yes
Reflective Coating
Yes

Association & Fees

HOA Y/N
N
PAD Fee Y/N
N
Land Lease Fee Y/N
N
Ttl Mthly Fee Equiv
0

Lockbox Type

Combo
Yes

Architecture

Ranch
Yes

Master Bathroom

Full Bth Master Bdrm
Yes
Separate Shwr & Tub
Yes
Double Vanity
Yes
Private Toilet Room
Yes

Flooring

Carpet
Yes
Tile
Yes

Window Features

Dual Pane
Yes
Low-Emissivity Windows
Yes

Private Pool Features

Outdoor
Yes
Heated
Yes
Variable Speed Pump
Yes

Dining Area

Eat-in Kitchen
Yes
Breakfast Bar
Yes

Heating

ENERGY STAR Qualified Equipment
Yes

View

Desert
Yes
Mountain(s)
Yes

Kitchen Features

Built-In Electric Oven
Yes
Dishwasher
Yes
Disposal
Yes
Electric Range
Yes
Engy Star (See Rmks)
Yes
Kitchen Island
Yes
Refrigerator
Yes
Reverse Osmosis
Yes
Walk-in Pantry
Yes
Electric Cooktop
Yes
Granite Counters
Yes

Interior Features

9+ Flat Ceilings
Yes
Central Vacuum
Yes
Wet Bar
Yes
Intercom
Yes
Roller Shields
Yes
Water Softener Owned
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes

Other Rooms

Bonus/Game Room
Yes

Basement Description

Finished
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Road Access Type

Private Road
Yes

Road Responsibility

Private Maintained Road
Yes

Technology

Pre-Wire Sat Dish
Yes
Cable TV Avail
Yes
High Speed Internet
Yes
Ntwrk Wrng Multi Rms
Yes
Smart Home
Yes

Fencing

Back Yard
Yes
Block
Yes

Water Source

Well - Shared
Yes

Exterior Features

Covered Patio(s)
Yes
RV Hookup
Yes
Storage
Yes

Spa

Private
Yes
Heated
Yes

Sewer

Septic Tank
Yes
Septic-In & Connected
Yes

Parking Features

RV Gate
Yes
Side Vehicle Entry
Yes
Attached Garage
Yes
Direct Access
Yes
Extended Length Garage
Yes
Garage Door Opener
Yes
RV Access/Parking
Yes

Foundation Details

Slab
Yes

New Financing

Cash
Yes
Conventional
Yes

Plumbing

Recirculation Pump
Yes
Electric Hot Wtr Htr
Yes

Utilities

APS
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Property Description

Borders Preserve/Public Land
Yes
Cul-De-Sac Lot
Yes
North/South Exposure
Yes
Borders Common Area
Yes

Landscaping

Desert Front
Yes
Desert Back
Yes

Services

County Services
Yes

Disclosures

Seller Discl Avail
Yes
Agency Discl Req
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Common Area Maint
Yes

Assoc Rules/Info

Pets OK (See Rmrks)
Yes

Property Features

Special Listing Cond: N/A Architecture: Ranch View: Desert; Mountain(s) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Flooring: Carpet; Tile Window Features: Dual Pane; Low-Emissivity Windows Private Pool Features: Outdoor; Heated; Variable Speed Pump Spa: Private; Heated Dining Area: Eat-in Kitchen; Breakfast Bar Kitchen Features: Built-In Electric Oven; Electric Range; Electric Cooktop; Disposal; Dishwasher; Refrigerator; Engy Star (See Rmks); Reverse Osmosis; Walk-in Pantry; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included Basement Description: Finished Foundation Details: Slab Other Rooms: Bonus/Game Room Interior Features: 9+ Flat Ceilings; Central Vacuum; Wet Bar; Intercom; Roller Shields; Water Softener Owned Technology: Pre-Wire Sat Dish; Cable TV Avail; High Speed Internet; Ntwrk Wrng Multi Rms; Smart Home Exterior Features: Covered Patio(s); RV Hookup; Storage Parking Features: Attached Garage; Direct Access; Extended Length Garage; Garage Door Opener; RV Access/Parking; RV Gate; Side Vehicle Entry Road Access Type: Private Road Road Responsibility: Private Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile; Rolled; Reflective Coating Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat; ENERGY STAR Qualified Equipment Heating: ENERGY STAR Qualified Equipment Plumbing: Recirculation Pump; Electric Hot Wtr Htr Utilities: APS Water Source: Well - Shared Sewer: Septic Tank; Septic-In & Connected Services: County Services Fencing: Back Yard; Block Property Description: Borders Preserve/Public Land; Cul-De-Sac Lot; North/South Exposure; Borders Common Area Landscaping: Desert Front; Desert Back Showing Notification Methods: Text Lockbox Type: Combo Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Real Broker
IDX
Last Updated: April - 18 - 2026
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