20660 N 40TH Street 1031, Phoenix, AZ 85050, Phoenix, 85050 - 2 bed, 2 bath
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Phoenix, AZ 85050
This Ground-Level Desert Ridge Condo is an aspiring lifestyle choice listed at $400,000. While positioned relative to its $350,367 Fair Market Value, the value is anchored by the prestigious Desert Ridge Location and Top-Rated Schools like Fireside Elementary (9/10). Featuring a Condition Rating of 4, the home offers a Brand-New A/C Unit, Granite Kitchen, and a private Patio for relaxation. With Resort-Style Amenities including two pools and a clubhouse, this sanctuary is a perfect fit for Owner-Occupants or First-Time Buyers seeking a move-in ready community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20660 N 40TH Street 1031 Subject | $400,000* List Price | 2 | 2 | 1,270 | $276 | - |
A 20660 N 40TH Street 1179 Sold | $420,000 | 2 | 2 | 1,376 | $305 | 0.1 mi |
B 20660 N 40TH Street 2017 Sold | $450,000 | 2 | 2 | 1,469 | $306 | 0.1 mi |
C 20660 N 40TH Street 1179 Sold | $420,000 | 2 | 2 | 1,376 | $305 | 0.1 mi |
D 20660 N 40TH Street 1179 Sold | $420,000 | 2 | 2 | 1,376 | $305 | 0.1 mi |
E 20660 N 40TH Street 2017 Sold | $450,000 | 2 | 2 | 1,469 | $306 | 0.1 mi |
F 3150 E BEARDSLEY Road 1072 Sold | $359,000 | 3 | 3 | 1,361 | $264 | 1.0 mi |
G 20660 N 40TH Street 2162 Active | $419,000 List Price | 2 | 2 | 1,355 | $309 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, placing it in the 'Fair' category based on age. While the living area features updated wood-look flooring and the kitchen includes granite countertops, other areas like the bedrooms show dated carpeting. The brand-new A/C unit is a significant functional upgrade, but the overall aesthetic and fixtures reflect the original construction era rather than a recent comprehensive renovation.
Elementary School: Fireside Elementary School (9/10).
Ideally situated in the heart of Desert Ridge, this property offers immediate access to premier shopping, dining, and top-rated schools, making it a highly desirable location for both residents and investors.
The inclusion of a brand-new A/C unit provides significant value, ensuring energy efficiency and peace of mind regarding one of the most critical home systems in the Phoenix climate.
The $360 monthly association fee adds a substantial recurring expense that may impact the overall affordability and budget for some prospective buyers.
While well-maintained and featuring granite countertops, the 2004 construction may require additional modernizing of flooring or fixtures to meet the aesthetic expectations of today's luxury condo buyers.
This beautifully maintained 2-bedroom, 2-bath ground-level condo is ideally situated in the heart of Desert Ridge. Boasting granite countertops, it offers spacious primary and secondary bedrooms with luxury fans-perfect for full-time living or a lock-and-leave lifestyle. A brand-new A/C unit ensures comfort and efficiency year-round, and premium two car garage with a workshop. Resort-style living awaits with two sparkling pools, a clubhouse featuring a cozy fireplace and inviting seating areas, a full kitchen, extended dining space, and a billiards room--ideal for entertaining or unwinding close to home. Located near shopping, dining, and entertainment, this condo captures the very best of Desert Ridge living. **NO ROAD NOISE**
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,270 | 1,379 | 20% |
| Lot Size | 1,230 | 972 | 80% |
| Price | $400.0K | $415.0K | 48% |
| Price per sq ft | $315 | $283 | 84% |
| Built year | 2004 | 2006 | 48% |
| HOA | $360 | $276 | 60% |
| Days on market | 19 | 1822 | 4% |
Apr 3, 2026
$400,000
Initial Listing