12802 S 40TH Place, Phoenix, AZ 85044, Phoenix, 85044 - 3 bed, 2 bath
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Phoenix, AZ 85044
This Active Adult Lifestyle Home is a Strong Value Opportunity, listed at $435,000—positioned well below the $466,993 Fair Market Value by 6%. This valuation gap provides $31,993 in Instant Equity for buyers. Featuring a Condition Rating of 4, the residence offers mountain views, a prepaid solar lease through 2032, and access to the premier Ahwatukee Recreation Center amenities. Located within the top-rated Kyrene School District, it combines resort-style living with clear upside for cosmetic personalization. This is an ideal acquisition for Owner-Occupants or active retirees seeking a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12802 S 40TH Place Subject | $435,000* List Price | 3 | 2 | 2,101 | $222 | - |
A 13014 S 40TH Place Sold | $545,000 | 3 | 2 | 2,041 | $267 | 0.1 mi |
B 4323 E AHWATUKEE Drive Sold | $485,000 | 3 | 2 | 2,152 | $225 | 0.5 mi |
C 3926 E COCONINO Street Sold | $485,000 List Price | 3 | 2 | 2,058 | 0.1 mi | |
D 3834 E GOLDFINCH GATE Lane Sold | $565,000 | 4 | 2 | 2,232 | $253 | 0.3 mi |
E 12221 S BANNOCK Street Sold | $515,000 | 3 | 2 | 1,948 | $264 | 0.4 mi |
F 3946 E SHOMI Street Sold | $319,000 List Price | 3 | 2 | 2,101 | 0.2 mi | |
G 3907 E COCONINO Street Active Under Contract | $549,000 List Price | 4 | 2 | 2,153 | $255 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with fresh interior paint and updated laminate flooring in the main areas. However, the kitchen and bathrooms feature original 1988 oak cabinetry, dated countertops, and older black appliances. Built over 35 years ago without a full modern renovation, it perfectly fits the 'fair' criteria as an aged but functional home that requires cosmetic updates to meet current market trends.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8551, living area = 2101.
Located in the premier Ahwatukee Recreation Center 55+ community, residents enjoy access to extensive amenities including pools, pickleball, golf, and a vibrant social calendar.
The property features a prepaid solar lease through 2032 and a dual climate zone system, offering significant utility savings and enhanced environmental sustainability.
As a 55+ age-restricted community, the property is limited to a specific buyer demographic, which may narrow the pool of potential future purchasers.
The description's emphasis on 'potential' and 'personal touch' suggests that the 1988 interior may require additional investment in updates to meet modern luxury standards.
Searching for a home with potential, mountain views, and access to an active lifestyle? This charming 3-bedroom, 2-bath single-level home sits on a premium corner lot in the highly desirable Ahwatukee Recreation Center 55+ community, nestled near the base of South Mountain. Freshly painted and filled with natural light, the home features vaulted ceilings, dual climate zone, prepaid solar lease through June, 2032, and a 2-car garage, offering a comfortable foundation that is ready for your personal touch. Residents in this active adult community enjoy amenities that include two pools, a fitness center, pickleball, tennis, bocce ball, billiards, a ballroom, arts and craft studios, and a full calendar of social and recreational activities. The Ahwatukee Country Club golf course weaves throughout the community. Convenient access to shopping, dining, hiking/biking trails, freeways, Sky Harbor Airport, adds to the appeal. This is more than a home, it's a lifestyle.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 0.8 mi
Grades PK-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,101 | 1,786 | 72% |
| Lot Size | 8,551 | 7,349 | 76% |
| Price | $435.0K | $430.0K | 51% |
| Price per sq ft | $207 | $255 | 40% |
| Built year | 1988 | 1986 | 60% |
| HOA | $804 | $165 | 99% |
| Days on market | 8 | 1351 | 0% |
Apr 15, 2026
$435,000
Initial Listing