20660 N 40TH Street 1172, Phoenix, AZ 85050, Phoenix, 85050 - 2 bed, 2 bath
Loading property details...
Phoenix, AZ 85050
This Townhouse represents a Strong Value Opportunity, listed at $370,000—positioned well above the $320,297 Fair Market Value by -15%. While priced above market, the property offers a turnkey lifestyle in the serene La Verne community, featuring a Granite Kitchen and access to resort-style Pools and Spa. With a Condition Rating of 4, the home is well-maintained and zoned for top-tier schools like Fireside Elementary (9/10). This property is an ideal acquisition for Owner-Occupants or first-time buyers prioritizing location and school district quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20660 N 40TH Street 1172 Subject | $360,000* List Price | 2 | 2 | 1,195 | $270 | - |
A 20660 N 40TH Street 2182 Sold | $438,000 | 2 | 2 | 1,469 | $298 | 0.0 mi |
B 20660 N 40TH Street 2182 Sold | $438,000 | 2 | 2 | 1,469 | $298 | 0.0 mi |
C 20660 N 40TH Street 2120 Sold | $415,000 | 2 | 2 | 1,469 | $283 | 0.1 mi |
D 20660 N 40TH Street 2120 Sold | $415,000 | 2 | 2 | 1,469 | $283 | 0.1 mi |
E 3935 E ROUGH RIDER Road 1078 Sold | $450,000 | 2 | 2 | 1,386 | $325 | 0.9 mi |
F 20660 N 40TH Street 2099 Pending | $415,000 List Price | 2 | 2 | 1,238 | $335 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2004, making it 22 years old. While the listing describes it as move-in ready with granite countertops and the images show a well-maintained interior, the age exceeds the 20-year threshold for 'Good.' The finishes and systems are original to the build date and are considered dated by current standards, fitting the 'Fair' criteria.
Elementary School: Fireside Elementary School (9/10).
Ideally situated near Desert Ridge Marketplace and major transit arteries like Loop 101 and SR-51, offering unparalleled access to premium shopping, dining, and commuting routes.
The property is zoned for top-tier schools, including Fireside Elementary (9/10) and Explorer Middle School (8/10), which significantly bolsters long-term resale value and family appeal.
With 109 days on the market, the property has surpassed average turnover times for the area, which may lead to buyer concerns regarding pricing or underlying competition.
The monthly association fee of $360 represents a significant recurring carrying cost that could impact the debt-to-income ratio and overall affordability for budget-conscious buyers.
This awesome townhouse is located in the beautiful and serene La Verne community. The floorplan offers great convenience and has gorgeous granite countertops in the kitchen. There is a water softener and also includes the washer and dryer. Enjoy the sparkling pools and spa located on the premises as well as being only minutes away from Desert Ridge and the many restaurants nearby. Perfectly situated near the Loop 101 and SR-51. A home just waiting for you to move in!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 1,195 | 1,675.5 | 5% |
| Lot Size | 1,118 | 972 | 64% |
| Price | $360.0K | $426.5K | 41% |
| Price per sq ft | $301 | $263 | 91% |
| Built year | 2004 | 2006 | 32% |
| HOA | $360 | $333 | 64% |
| Days on market | 147 | 1198 | 14% |
Jun 7, 2026
$360,000
$370,000
-3% Price Drop
Initial Listing
Jan 20, 2026
$370,000
Initial Listing