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40927 N 3RD Avenue, Phoenix, AZ 85086 (MLS# 6986860)

40927 N 3RD Avenue, Phoenix, AZ 85086

$1,125,000
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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: 2/19/2026

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

Supra: 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: Supra 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
IDX
Last Updated: February - 19 - 2026
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