5509 N 40TH Street, Phoenix, AZ 85018
Property image
Property image
OFF MARKET

$2,296,100

Trulia Estimate
  • 4 Beds
  • 4 Baths
  • 2,650 sqft (on 0.39 acres)

5509 N 40TH Street, Phoenix, AZ 85018

Camelback East
Est. Refi. Payment $13,130/mo*
Refinance Your Home
Currently Off Market - Sold Mar 5, 2024 for $2,200,000

Home Value

Trulia Estimate
$2.3M
Since last month
Decreased$6K (-0.2%)
Since last year
Increased$127K (+5.8%)
Since last sale
Increased$96K (+4.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +119% in the last 10 years
MonthEstimated value
2026
September 2026$2.3M
August 2026$2.3M
July 2026$2.31M
June 2026$2.31M
May 2026$2.31M
April 2026$2.3M
March 2026$2.31M
February 2026$2.29M
January 2026$2.25M
2025
2024
2023
2022
2021
2020
2019

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4142 E STANFORD Drive, Phoenix, AZ
0.24
Single-Family Home
$1,830,470
05/19/26
4
4
3,251
4022 E STANFORD Drive, Phoenix, AZ
0.06
Single-Family Home
$1,497,000
11/20/25
3
3
3,100
5231 N 42ND Place, Phoenix, AZ
0.37
Single-Family Home
$2,250,000
04/22/26
4
3.5
3,213
4030 E STANFORD Drive, Phoenix, AZ
0.09
Single-Family Home
$1,207,500
08/28/26
4
3
2,623
4211 E STANFORD Drive, Phoenix, AZ
0.27
Single-Family Home
$1,575,000
11/20/25
3
3
2,705
4101 E MEDLOCK Drive, Phoenix, AZ
0.47
Single-Family Home
$2,050,000
02/17/26
4
3
2,986
4021 E MONTEBELLO Avenue, Phoenix, AZ
0.17
Single-Family Home
$4,225,000
06/25/26
5
3.5
5,208
4324 E STANFORD Drive, Phoenix, AZ
0.46
Single-Family Home
$1,796,000
05/20/26
3
3
2,602
4302 E MARION Way, Phoenix, AZ
0.39
Single-Family Home
$3,300,000
09/30/25
5
4.5
3,698

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
4022 E STANFORD Drive, Phoenix, AZ 85018
0.06
$1,479,800
3
3
3,100
Off Market
4031 E SAINT JOSEPH Way, Phoenix, AZ 85018
0.09
$1,296,000
3
2
1,940
Off Market
4030 E STANFORD Drive, Phoenix, AZ 85018
0.09
$1,207,500
4
3
2,623
Recently Sold
3920 E SOLANO Drive, Paradise Valley, AZ 85253
0.14
$3,043,300
4
3
3,660
Off Market
4034 E SAN MIGUEL Avenue, Phoenix, AZ 85018
0.13
$2,083,500
4
3
3,050
Off Market
4010 E SAN MIGUEL Avenue, Phoenix, AZ 85018
0.14
$3,563,100
4
4.5
3,976
Off Market
4101 E SAN MIGUEL Avenue E, Phoenix, AZ 85018
0.14
$2,221,300
5
3.5
3,594
Off Market
4021 E MONTEBELLO Avenue, Phoenix, AZ 85018
0.17
$4,225,000
5
3.5
5,208
Recently Sold
4106 E SAN MIGUEL Avenue, Phoenix, AZ 85018
0.16
$3,387,900
4
3.5
3,844
Off Market
4108 E STANFORD Drive, Phoenix, AZ 85018
0.16
$1,772,100
4
3
2,930
Off Market
4010 E MONTEBELLO Avenue, Phoenix, AZ 85018
0.20
$1,682,600
3
3
2,995
Off Market

Local Information

  • Map ViewExplore the area around 5509 N 40TH Street.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2018
0.39 acre lot
2,650 sqft
$866/sqft
Garage

About this House

What's unique:Modern gas fireplaceOutdoor seating areaDual sinksJacuzzi tubExtensive pantryBeautiful lighting
Location , Location, Location, with tasteful designer finishes throughout! Custom & interior styling by Designing Arizona's Debra Richardson and built by RMB Luxury. Two blocks from the Global Ambassador, The Henry, & Steak 44. 3 Beds and 3 Baths in the main house and a 1 Bed / 1 Bath guest house with separate office. The state-of-art kitchen includes: Thermador Professional Gas Range & Refrigerator, Gaggenau dishwasher, Gaggenau Double Oven with Steam, Bosch Coffee Maker, Dual sinks and extensive pantry. Imported Quartz & Italian Porcelain throughout! Every bedroom is en-suite with custom walk-in closets! Unique ceilings, beautiful lighting & a modern gas fireplace featured in the extra-spacious park like view great room. Rich wide-planked hard wood floors perfectly accent the architectural beauty throughout. 3 gas fireplaces! Privately Gated home with steam shower, jacuzzi tub, and spa like features on the primary suite. Over-sized 2 car garage with two covered parking spaces in the front. Ideal for outdoor entertaining with 3 Fountains, built-in BBQ, outdoor seating area, & gorgeous landscaping. NO HOA! This is truly one of THE COOLEST modern residences in 85018 today with an exceptional jewel box floorplan. Bring your most decerning clients as this home will not last long!
5509 N 40TH Street, Phoenix, AZ 85018 is a 4 bedroom, 4 bathroom, 2,650 sqft single-family home in Camelback East, built in 2018. It last sold for $2,200,000 on Mar 5, 2024 (4% below the $2,300,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,296,100, with a rent estimate of $5,067/month.
Last check for updates: about 20 hours ago
Listed by Michael Banovac, (602) 571-4888
eXp Realty
Bought with: Dawn McDowell, (480) 251-8158, HomeSmart
Source: ARMLS, MLS#6651469
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 5509 N 40TH Street

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Dimensions and Layout
Living Area: 2650 Square Feet
Appliances & Utilities
Appliances: Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas CooktopDishwasherDisposalDryerRefrigeratorWasher
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
Number of Fireplaces: 3Spa: None, BathHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1

Exterior Features

Exterior Home Features
Fencing: Block
Parking & Garage
Number of Garage Spaces: 2Number of Carport Spaces: 2Number of Covered Spaces: 4Open Parking Spaces: 2Has a CarportHas a GarageHas Open ParkingParking Spaces: 6Parking: Garage, Carport, Open
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 15

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Synthetic Stucco, Wood FrameNot Attached Property
Property Information
Parcel Number: 17153027

Price & Status

Price
List Price: $2,300,000
Status Change & Dates
Off Market Date: Sat Feb 03 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: PhoenixCommunity: MARION ESTATES BLK A
School Information
Elementary School: Hopi Elementary SchoolElementary School District: Scottsdale Unified DistrictJr High / Middle School: Ingleside Middle SchoolHigh School: Arcadia High SchoolHigh School District: Scottsdale Unified District

Building

Building Details
Builder Name: RMB Luxury
Building Area
Building Area: 2650 Square Feet

HOA

HOA Fee Includes: No FeesNo HOA

Lot Information

Lot Area: 0.39 acres

Offer

Listing Terms: Cash, Conventional, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6651469

Price and Tax history

DateEventPrice
Mar 5, 2024
Source: ARMLS #6651469
Sold
$2,200,000
Feb 3, 2024
Source: ARMLS #6651469
Pending
$2,300,000
Jan 19, 2024
Source: ARMLS #6651469
Listed For Sale
$2,300,000
Jan 29, 2016
Source: N/A
Sold
$185,000
Nov 17, 2015
Source: N/A
Sold
$125,000

Market trends in Camelback East

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$609K
$35.67KMoM
Sale-to-List Price
97.1%
0.1%MoM
Price per sq ft
$372
$10MoM
Available listings
803
3MoM

Around this home

Neighborhood Overview

Camelback East
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Camelback East

At least 1117 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 82 % Say car is needed

  • 77 % Say there are sidewalks

  • 75 % Say parking is easy

  • 73 % Say it's walkable to restaurants

  • 70 % Say there's holiday spirit

  • 65 % Say yards are well-kept

  • 62 % Say it's quiet

  • 62 % Say it's walkable to grocery stores

  • 61 % Say people would walk alone at night

  • 57 % Say streets are well-lit

  • 56 % Say they plan to stay for at least 5 years

  • 54 % Say kids play outside

  • 47 % Say neighbors are friendly

  • 31 % Say there's wildlife

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Arielle Faulkner
    "Lots of schools near but I’m not a parent so I couldn’t say how the great the schools are."
    0
    Flag
  • Delmer Contreras
    "Madison school district is one of the best in AZ. We have everything from clothing, food, parks, big dog parks, bars, restaurants, car dealerships, and coffee shops. What else can we ask for? I been here for 12yrs and counting "
    0
    Flag
  • David S Shook
    "Farmers market, walking trails, great hotels, and nice people. This is our tenth year staying in the Biltmore area. "
    0
    Flag
  • ari rubinov
    "Kept a tight circle and the best was is to keep communicating and everything will be surface so ea king safer area"
    1
    Flag
  • Abby V.
    "People are always out walking their dogs. We live right by the canal where there’s a path you can walk with your pooch, and possibly meet another dog!!"
    4
    Flag
  • Laylag341
    "Not lots of greenery. Specific patches of grass for doggy usage. One dog park in a couple mile radius "
    0
    Flag
  • Mluck08
    "I’ve lived in this neighborhood for 3 years and I love it . It’s a nice beautiful area surrounded by the desert landscape"
    4
    Flag
  • Richardlusania798
    "Phoenix has its pockets of good and bad. If you like a slower pace of life than Phoenix is not for you. If you like entertainment the city has plenty to do but prepared for long lines."
    3
    Flag
  • Onesportfan
    "I have stayed here for a week and but my uncles have lived here for a year and they love this place "
    7
    Flag
  • Cameron
    "Close to great schools, quality dining and shopping, easy access to freeways. Neighborhood is active and friendly. "
    1
    Flag
  • Carl Thompson
    "Great place to live and raise children. Scottsdale school district is great. Close to the action without being in the action. 10 minutes from Old Towne Scottsdale and all it’s glory"
    1
    Flag
  • Vincent Aviles
    "There are none that I am aware of. My wife and I moved here four years ago and we have yet to see any type of neighborhood activities or get togethers. It would be nice if block parties existed out here. "
    5
    Flag
  • Dayna Donovan
    "It’s pretty dog friendly and the canal is close. While there are a lot of folks who walk their dogs it manages to be quiet and respectful on most walks."
    4
    Flag
  • Bruce Wayne
    "We have neighborhood potlucks , we have wonder bicycling in our area and property’s are well maintained. Lots of walkers and pet walkers, and feel safe in our neighborhood "
    2
    Flag
  • Trulia User
    "There can be a high rate of crime in the area with a large homeless population, and the city doesn't maintain parks and public places. It's home to me as I grew up here and love it, but there are definitely downsides."
    2
    Flag
  • Prancer
    "Great place to raise kids. lots of hills for skating and not much worry about creepers. The mountain is not far away and thats a great hike with an amazing view."
    1
    Flag
  • Trulia User
    "From what I have experienced over the last 18 months of living in this neighborhood, it is a very quiet and safe area for everyone, from singles to those with families. "
    1
    Flag
  • Trulia User
    "I always see a lot of dogs being walked around the area and for the most part people pick up after their dogs as well "
    1
    Flag
  • Trulia User
    "There are a few hiking spots close by, there is a nice running trail that runs alongside the canal and Camelback Rd. Southwest Human Development makes its home here supporting early childhood for much of Maricopa County. There’s no shortage of businesses around here. This area borders the more well to do Arcadia and Biltmore neighborhoods as well as the more decidedly homeless and drugee scene that runs South of Thomas Rd. It’s a typical Phoenix neighborhood otherwise."
    14
    Flag
  • Trulia User
    "Solid character and there’s a vibe of friendliness to whole area. I enjoy living here and when I move I hope to stay in the same area as well."
    11
    Flag
  • Trulia User
    "I love the convenience of everything here. There is a variety of shops and dining options. I never have to go more than 2 miles to find what I need. "
    4
    Flag
  • Trulia User
    "It's a great place for the whimsical. There is just about everything within walking distance. That you could possibly think the neighbors. Are very friendly. "
    1
    Flag
  • Trulia User
    "Always fun dog action and a family atmosphere! We love you asking all over the area. Looking for a house in the area for our dog and there’s plenty to offer in this area. "
    0
    Flag
  • Trulia User
    "We have bus route on 12th st and on E camelback rd. I drive to my job. The 51 highway is also near.."
    0
    Flag
  • Trulia User
    "I enjoy living in this neighborhood I’m close to everything and there’s a lot of great restaurants around "
    3
    Flag
  • Trulia User
    "everything is going well for me and my family mmvcv thank you I will stay around here the schools are very good around here "
    0
    Flag
  • Trulia User
    "traffic is heavy here at certain times of the day. 2pm to 6pm very busy. try not to go anywhere unless you have to. use glenrosa to 24th St to get on Indian school road. also take the same way back. alot easier that way."
    0
    Flag
  • Trulia User
    "I've lived in this neighborhood and refuse to leave the zip code! It has convenience and style and meets my needs "
    4
    Flag
  • Trulia User
    "My neighborhood is close to good shopping. close to Camelback . good mall shopping. easy to get to. and restaurants. "
    1
    Flag
  • Trulia User
    "Dogs are everywhere and most people are good dog owners. Every once in a while, someone will have their dog off leash that is not well-trained enough. But it’s rare. Also, at times there are coyotes about. Most of the time they run. Away from people, but I imagine owners with small dogs might feel a bit nervous to see one. "
    0
    Flag
  • Trulia User
    "The townhomes I live in have a dog run/park at the end of the street. Also, they have pet waste bag and bin stations throughout the complex for their convenience. "
    0
    Flag
  • Trulia User
    "My Neighborhood has a great location spot for transit there on time never thought I catch a late bus ..."
    0
    Flag
  • Trulia User
    "Easy and short. It only takes 10 minutes to get to work and I only have minimal traffic. I drive most days and ride my bike on a few."
    0
    Flag
  • Trulia User
    "Everything is close by. Airport is easy to get to, popular restaurants are close and lots of variety. Lots,of ways to get around, freeway as well as cross town."
    0
    Flag
  • Trulia User
    "there's nothing really special here, it's safe low crime but otherwise it's just the neighborhood. I made friends with two other neighbors but that's been about the extend of the friendliness of the neighborhood."
    0
    Flag
  • Trulia User
    "I don't know of any. I like the area because of the shopping. if people would clean up behind themselves and it might be a better area."
    0
    Flag
  • Trulia User
    "Been here 4 years and I absolutely love it here! Neighborhoods are nice and well-maintained. I love to go for walks at night it’s totally safe I’ve never had an issue."
    0
    Flag
  • Elsie R.
    "Work from home, used to drive to old town Scottsdale, commute wasn’t horrible about 25 minutes on Indian school."
    6
    Flag
  • Shane J.
    "there’s a lot of animals like chickens in the neighborhood so depending on how your animal reacts to them it can be a good or bad thing "
    2
    Flag
  • Psanders0331
    "We have a great neighborhood anyone who would move here would be very grateful for their neighbors. We all look at each for each other"
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5509 N 40TH Street

  • What is 5509 N 40TH Street estimated to be worth?
    Trulia's estimated value for 5509 N 40TH Street in Phoenix, AZ is $2,296,100.
  • What is the price history for 5509 N 40TH Street?
    5509 N 40TH Street in Phoenix, AZ last sold for $2,200,000 in March 2024.
  • Is Phoenix a buyer's or seller's market?
    Phoenix is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Phoenix?
    The median sale price in Phoenix is $609K. That is down $35.67K from the prior month.
  • Does 5509 N 40TH Street have air conditioning?
    Yes, 5509 N 40TH Street in Phoenix, AZ has air conditioning.
  • Does 5509 N 40TH Street have laundry facilities?
    Yes, 5509 N 40TH Street in Phoenix, AZ has in-unit laundry.

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