15020 N 40TH Street N 18, Phoenix, AZ 85032, Phoenix, 85032 - 2 bed, 2 bath
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Phoenix, AZ 85032
This Turnkey Townhouse is a Strong Value Opportunity, listed at $399,000—positioned above the $360,496 Fair Market Value. While priced at a premium, the property maintains a Condition Rating of 3, featuring a modernized white kitchen with quartz counters and updated tiled bathrooms. The inclusion of a 2-car garage and a private enclosed patio provides rare utility for the area. Despite the lower-rated local middle school, the home’s proximity to the 51 and 101 freeways ensures high commuter appeal. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15020 N 40TH Street N 18 Subject | $394,000* List Price | 2 | 2 | 1,121 | $330 | - |
A 13829 N 43RD Street Active | $415,000 List Price | 2 | 2 | 1,021 | $406 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1986, the property has undergone significant renovations within the 5-15 year range. The kitchen features modern quartz countertops and stainless steel appliances, and the bathrooms have been updated with attractive tiled showers. The interior is well-maintained with newer ceiling fans and blinds, making it fully move-in ready.
The property features a contemporary white kitchen with quartz countertops, stainless steel appliances, and updated bathrooms with tiled showers, offering a move-in-ready aesthetic.
Centrally located near the 51 and 101 freeways, this home provides excellent commuter access while being situated in a quiet, desirable neighborhood.
The inclusion of a private enclosed patio with a shade structure and a rare 2-car garage adds significant value and utility compared to standard townhomes.
The assigned middle school has a low rating of 2/10, which may deter families and impact long-term resale value for education-focused buyers.
Built in 1986, the home may soon require maintenance or replacement of major mechanical systems that are nearing the end of their typical lifecycle.
Lovely quiet neighborhood with a pool centrally located near the 51 and 101 freeways. 2 bedroom and two full baths with attractive tiled showers and glass doors. White kitchen with quartz counters, all stainless steel appliances are included. Nice breakfast nook has a bay window overlooking the courtyard. Updated ceiling fans and 2'' white blinds. Saltillo clay tile and a beautiful stone fireplace. Both great room and primary bedroom open onto the enclosed patio with shade structure, perfect for grilling or a pet. Washer and dryer in the unit. 2 car garage.
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,121 | - |
| Lot Size | 2,586 | - |
| Price | $394.0K | $341.8K |
| Price per sq ft | $351 | $259 |
| Built year | 1986 | 0 |
| HOA | $260 | $0 |
| Days on market | 65 | 1211 |
Jun 15, 2026
$394,000
$399,000
-1% Price Drop
Initial Listing
May 19, 2026
$399,000
Initial Listing