40927 N 3RD Avenue, Phoenix, AZ 85086
$1,125,000
Property Type:
Residential
Bedrooms:
5
Baths:
4
Square Footage:
3,914
Lot Size (sq. ft.):
49,851
Status:
Active
Current Price:
$1,125,000
Last Modified:
2/20/2026
Description
Rare basement home in the desirable Desert Hills area of North Phoenix.
More Information MLS# 6986860
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $1,125,000
Status: Active
Current Price: $1,125,000
List Date: 2026-02-19
Location, Tax & Legal
Assessor's Map #: 73
Legal Description (Abbrev): E 151F N2 NW4 NE4 NW4 SEC 20
Assessor's Parcel #: 6
Assessor Parcel Ltr: D
Tax Municipality: Maricopa - COUNTY
Taxes: 7098
House Number: 40927
Compass: N
Street Name: 3RD
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85086
Zip4: 8917
County Code: Maricopa
Assessor Number: 211-73-006-D
Subdivision: Desert Hills
Tax Year: 2025
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 2
Full Bathrooms: 3
Half Bathrooms: 1
Approx SQFT: 3914
Price/SqFt: 287.43
Approx Lot SqFt: 49851
Approx Lot Acres: 1.144
Horses: Y
Builder Name: Custom
Elementary School District: Deer Valley Unified District
High School District: Deer Valley Unified District
Elementary School: Desert Mountain School
Jr. High School: Desert Mountain School
High School: Boulder Creek High School
Community Pool Y/N: No
Private Pool Y/N: Yes
Planned Comm Name: Desert Hills
Fireplace YN: No
Marketing Name: Desert Hills
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 5
Total Bathrooms: 4
Year Built: 2005
Legal Info
Range: 3E
Section: 20
Township: 6N
Lot Number: D
Special Listing Cond
N/A: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Tile: 1
Rolled: 1
Reflective Coating: 1
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Lockbox Type
Combo: 1
Architecture
Ranch: 1
Master Bathroom
Full Bth Master Bdrm: 1
Separate Shwr & Tub: 1
Double Vanity: 1
Private Toilet Room: 1
Flooring
Carpet: 1
Tile: 1
Window Features
Dual Pane: 1
Low-Emissivity Windows: 1
Private Pool Features
Outdoor: 1
Heated: 1
Variable Speed Pump: 1
Dining Area
Eat-in Kitchen: 1
Breakfast Bar: 1
Heating
ENERGY STAR Qualified Equipment: 1
View
Desert: 1
Mountain(s): 1
Kitchen Features
Built-In Electric Oven: 1
Dishwasher: 1
Disposal: 1
Electric Range: 1
Engy Star (See Rmks): 1
Kitchen Island: 1
Refrigerator: 1
Reverse Osmosis: 1
Walk-in Pantry: 1
Electric Cooktop: 1
Granite Counters: 1
Cooling
Ceiling Fan(s): 1
ENERGY STAR Qualified Equipment: 1
HVAC SEER Rating: 18
Programmable Thmstat: 1
Central Air: 1
Interior Features
9+ Flat Ceilings: 1
Central Vacuum: 1
Wet Bar: 1
Intercom: 1
Roller Shields: 1
Water Softener Owned: 1
Laundry
Washer Included: 1
Dryer Included: 1
Basement
Basement Y/N: Y
Other Rooms
Bonus/Game Room: 1
Basement Description
Finished: 1
Separate Den/Office
Sep Den/Office Y/N: N
Road Access Type
Private Road: 1
Road Responsibility
Private Maintained Road: 1
Technology
Pre-Wire Sat Dish: 1
Cable TV Avail: 1
High Speed Internet: 1
Ntwrk Wrng Multi Rms: 1
Smart Home: 1
Fencing
Back Yard: 1
Block: 1
Water Source
Well - Shared: 1
Exterior Features
Covered Patio(s): 1
RV Hookup: 1
Storage: 1
Spa
Private: 1
Heated: 1
Sewer
Septic Tank: 1
Septic-In & Connected: 1
Parking Spaces
Slab Parking Spaces: 6
Total Covered Spaces: 3
Garage Spaces: 3
Parking Features
RV Gate: 1
Side Vehicle Entry: 1
Attached Garage: 1
Direct Access: 1
Extended Length Garage: 1
Garage Door Opener: 1
RV Access/Parking: 1
Foundation Details
Slab: 1
New Financing
Cash: 1
Conventional: 1
Plumbing
Recirculation Pump: 1
Electric Hot Wtr Htr: 1
Utilities
APS: 1
Existing 1st Loan
Treat as Free&Clear: 1
Property Description
Borders Preserve/Public Land: 1
Cul-De-Sac Lot: 1
North/South Exposure: 1
Borders Common Area: 1
Landscaping
Desert Front: 1
Desert Back: 1
Yrd Wtring Sys Front: 1
Yrd Wtring Sys Back: 1
Services
County Services: 1
Items Updated
Ht/Cool Yr Updated: 2023
Ht/Cool Partial/Full: Full
Kitchen Yr Updated: 2023
Kitchen Partial/Full: Partial
Pool Yr Updated: 2025
Pool Partial/Full: Full
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
Close of Escrow: 1
Association Fee Incl
Common Area Maint: 1
Assoc Rules/Info
Pets OK (See Rmrks): 1
Remarks Misc
Cross Street: 7th Avenue & Carefree Hwy
Directions: 7th Avenue north to Saddle Mountain, east to 3rd Ave, north to the 3rd street on the right. Home is 4th property on the left/north side of street.
Geo Lat: 33.856718
Geo Lon: -112.076485
Property Features
Special Listing Cond: N/A
Architecture: Ranch
View: Desert; Mountain(s)
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room
Flooring: Carpet; Tile
Window Features: Dual Pane; Low-Emissivity Windows
Private Pool Features: Outdoor; Heated; Variable Speed Pump
Spa: Private; Heated
Dining Area: Eat-in Kitchen; Breakfast Bar
Kitchen Features: Built-In Electric Oven; Electric Range; Electric Cooktop; Disposal; Dishwasher; Refrigerator; Engy Star (See Rmks); Reverse Osmosis; Walk-in Pantry; Granite Counters; Kitchen Island
Laundry: Washer Included; Dryer Included
Basement Description: Finished
Foundation Details: Slab
Other Rooms: Bonus/Game Room
Interior Features: 9+ Flat Ceilings; Central Vacuum; Wet Bar; Intercom; Roller Shields; Water Softener Owned
Technology: Pre-Wire Sat Dish; Cable TV Avail; High Speed Internet; Ntwrk Wrng Multi Rms; Smart Home
Exterior Features: Covered Patio(s); RV Hookup; Storage
Parking Features: Attached Garage; Direct Access; Extended Length Garage; Garage Door Opener; RV Access/Parking; RV Gate; Side Vehicle Entry
Road Access Type: Private Road
Road Responsibility: Private Maintained Road
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Tile; Rolled; Reflective Coating
Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat; ENERGY STAR Qualified Equipment
Heating: ENERGY STAR Qualified Equipment
Plumbing: Recirculation Pump; Electric Hot Wtr Htr
Utilities: APS
Water Source: Well - Shared
Sewer: Septic Tank; Septic-In & Connected
Services: County Services
Fencing: Back Yard; Block
Property Description: Borders Preserve/Public Land; Cul-De-Sac Lot; North/South Exposure; Borders Common Area
Landscaping: Desert Front; Desert Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back
Showing Notification Methods: Text
Lockbox Type: Combo
Possession: Close of Escrow
Association Fee Incl: Common Area Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office:
Real Broker
Last Updated: February - 20 - 2026
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