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    20660 N 40Th St, Unit 1121 Phoenix, AZ 85050

    For Sale
    $410,000

    2 bed, 2 bath condo with resort-style amenities.

    Property size:
    1,305 SF
    Lot size:
    0.03 Acres

    Property Features for 20660 N 40Th St

    General Information

    Size
    1,305 SF
    Lot size
    0.03 Acres

    Building Details

    Year built
    2004

    Source: Keller Williams Northeast Realty Agent Brenda Johnson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ground-Floor Condo in Gated Community

    This ground-floor condominium features 2 bedrooms and 2 bathrooms, with a total area of 1305 square feet. The layout is open, incorporating a spacious living area and a breakfast bar. The primary suite includes a large walk-in closet. A patio is available for outdoor relaxation. The property includes a single-stall garage. Located within a gated community, the property offers resort-style amenities, including two pools, a fitness center, a billiard room, and a private movie theatre. The location provides convenient access to the 51 and 101 highways, as well as the Desert Ridge Marketplace.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    QR Code Prints Commercial Printer Free HDTV AZ ... Antenna Service fullcolor-postcards Commercial Printer Stable Orbit Marketing Agency Ditch Your Gym ... Personal Trainer

    Suggested Use

    Realty agency Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9994708
    Latitude
    33.6735593

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    FAQs

    What type of property is this?
    Apartment building - 2 bed, 2 bath condo with resort-style amenities.
    Where is this apartment building located?
    The property is located at 20660 N 40Th St, Unit 1121 Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: - Resort-style amenities: Enjoy **2 pools, a fitness center, billiard room, and a private movie theatre.**; - Convenient location near the 51 & 101 freeways and Desert Ridge Marketplace.; - Ground-floor unit with a **patio.**
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20660 N 40Th St, Unit 1121 Phoenix, AZ 85050
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