20660 N 40TH Street 2082, Phoenix, AZ 85050, Phoenix, 85050 - 2 bed, 2 bath
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Phoenix, AZ 85050
This Turnkey Desert Ridge Townhouse is a Strong Value Opportunity, listed at $425,000—positioned above the $391,456 Fair Market Value. Despite the premium, the property offers an Excellent Condition Rating with significant capital improvements, including a 2026 HVAC system, 2025 water heater, and granite kitchen. Located in a gated community with resort-style amenities and proximity to top-rated Fireside Elementary (9/10), this sanctuary provides a quiet, modern lifestyle. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready, low-maintenance home in a prime Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20660 N 40TH Street 2082 Subject | $399,000* List Price | 2 | 2 | 1,238 | $313 | - |
A 20660 N 40TH Street 2182 Sold | $438,000 | 2 | 2 | 1,469 | $298 | 0.2 mi |
B 20660 N 40TH Street 2182 Sold | $438,000 | 2 | 2 | 1,469 | $298 | 0.2 mi |
C 3935 E ROUGH RIDER Road 1058 Sold | $500,000 List Price | 2 | 3 | 1,490 | 1.0 mi | |
D 3150 E BEARDSLEY Road 1098 Sold | $360,000 | 3 | 3 | 1,361 | $265 | 0.9 mi |
E 20660 N 40TH Street 2099 Pending | $415,000 List Price | 2 | 2 | 1,238 | $335 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 2004 (22 years old), it is in move-in ready condition with significant recent system upgrades including a brand new HVAC (2026), water heater (2025), and dishwasher (2025). The interior features updated wood-look tile flooring and a well-maintained kitchen with granite countertops and stainless steel appliances.
Elementary School: Fireside Elementary School (9/10).
Situated in the highly sought-after Desert Ridge area, this unit occupies an optimal position within the complex, offering tranquil sunset views over Wildcat Ridge Park without the noise or sightlines of highways and parking lots.
The property boasts significant high-ticket upgrades including a brand-new HVAC system (2026) with a transferable warranty, a new water heater (2025), and a new dishwasher (2025), providing peace of mind and reduced immediate maintenance costs.
The unit features a single-car attached garage, which may be a significant drawback for multi-vehicle households or those requiring additional on-site storage space.
The $360 monthly association fee adds a notable recurring expense to the buyer's budget, which must be weighed against the value of the community amenities provided.
Beautiful condo in the gated La Verne Community in a highly sought after Desert Ridge location! Enjoy the sunset views over Wildcat Ridge Park from your private balcony. This unit lies in the most optimal location in the complex, with no view of highways, roads, parking lots, or other units. Brand new (2026) HVAC with transferable warranty, New Dishwasher (2025), and New Water Heater (2025). This home is a secluded, lock and leave sanctuary that offers spacious, modern living with an open, bright great room, premium wood-look tile flooring throughout, and a perfect mix of abundant natural light and tranquility away from traffic noise. The kitchen includes granite countertops, stainless steel appliances, rich cherry cabinetry and a breakfast bar, built in reverse osmosis system and an ext extra quiet new dishwasher. The floor plan is perfect for everyday living and entertaining. The living room features upgraded lighting and built in surround sound. The attached direct entry 1 car garage offers convenience and security. Enjoy resort-style amenities: elegant clubhouse, two pools (one heated), spa, fitness center, BBQ area, billiards, movie theater, and more. Prime location near the Loop 101 & SR-51. Owner/agent.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,238 | - |
| Lot Size | 1,165 | - |
| Price | $399.0K | $341.8K |
| Price per sq ft | $322 | $259 |
| Built year | 2004 | 0 |
| HOA | $360 | $0 |
| Days on market | 36 | 1211 |
Jul 11, 2026
$399,000
$420,000
-5% Price Drop
Initial Listing
Jun 30, 2026
$420,000
$425,000
-1% Price Drop
Initial Listing
Jun 17, 2026
$425,000
Initial Listing