4060 E KAREN Drive, Phoenix, AZ 85032

$405,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,420 Lot Size (sq. ft.): 10,193 Status: Closed
Current Price: $405,000 Last Modified: 1/15/2026

Description

Welcome, this 3 bedroom, 2 bathroom cul-de sac home offers incredible potential in one of the valley's most convenient and premier locations. Situated on a huge oversized 10,000+ sf lot, the property features a freestanding workshop/shed in the backyard, with running electric, that is perfect to use as a workshop, weight room, man cave or for additional storage. This home is perfectly situated in the Paradise Valley School District. Home is in need of minor general maintenance, and it's priced below market value for a buyer ready to bring their vision and updates. Close to State Route 51, Paradise Valley Mall, Desert Ridge and minutes away from Scottsdale with plenty of dining, shopping, and entertainment. No HOA.

Supplements: This is a fantastic opportunity for investors or anyone looking to customize a home and make it yours or to build equity in this highly desirable area. Come take a look before it's gone!

More Information MLS# 6911532

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No Sold Price: $405,000 Status: Closed Current Price: $405,000 List Date: 2025-08-27

Location, Tax & Legal

Assessor's Map #: 71 Legal Description (Abbrev): LOT 1 PARADISE VALLEY OASIS NO. 14 MCR 020214 Assessor's Parcel #: 16 Tax Municipality: Phoenix Taxes: 1762 House Number: 4060 Compass: E Street Name: KAREN St Suffix: Drive City/Town Code: Phoenix State/Province: AZ Zip Code: 85032 Zip4: 4730 County Code: Maricopa Assessor Number: 215-71-016 Subdivision: PARADISE VALLEY OASIS NO. 14 Tax Year: 2024

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 1420 Price/SqFt: 285.21 Approx Lot SqFt: 10193 Approx Lot Acres: 0.234 Horses: N Builder Name: Unknown Elementary School District: Paradise Valley Unified District High School District: Paradise Valley Unified District Elementary School: Whispering Wind Academy Jr. High School: Whispering Wind Academy High School: Paradise Valley High School Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 3 Total Bathrooms: 2 Year Built: 1980

Legal Info

Range: 4E Section: 7 Township: 3N Lot Number: 1

Special Listing Cond

N/A: 1

Construction

Block: 1

Const - Finish

Painted: 1 Stucco: 1 Brick Veneer: 1

Roofing

Composition: 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

Lockbox Type

Supra: 1

Architecture

Ranch: 1

Master Bathroom

3/4 Bath Master Bdrm: 1

Flooring

Carpet: 1 Laminate: 1

Community Features

Near Bus Stop: 1

Dining Area

Breakfast Bar: 1 Dining in FR: 1

Heating

Electric: 1

Kitchen Features

Dishwasher: 1 Non-laminate Counter: 1 Range/Oven Elec: 1 Refrigerator: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Interior Features

Fix-Up Needs Repair: 1

Laundry

Washer Hookup: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1 Separate Workshop: 1

Separate Den/Office

Sep Den/Office Y/N: N

Road Responsibility

City Maintained Road: 1

Technology

Cable TV Avail: 1 High Speed Internet: 1

Fencing

Block: 1

Water Source

City Water: 1

Exterior Features

Covered Patio(s): 1 Storage: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 2 Total Covered Spaces: 2 Garage Spaces: 2

New Financing

Cash: 1 VA: 1 FHA: 1

Plumbing

Electric Hot Wtr Htr: 1

Utilities

APS: 1

Existing 1st Loan

Conventional: 1

Property Description

Cul-De-Sac Lot: 1 Corner Lot: 1 North/South Exposure: 1

Landscaping

None: 1

Services

City Services: 1

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

Not Managed: 1

Sold Info

Loan Type: Conventional Loan Years: 30 Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Greenway and 40th Street Directions: From Greenway and 40th Street, go East. Turn South on 41st Street, and take an immediate right into the Karen cul-de-sac. The home is the first on the right. Geo Lat: 33.626063 Geo Lon: -111.993298

Status Change Info

Off Market Date: 2025-12-07 Under Contract Date: 2025-12-06 Close of Escrow Date: 2026-01-14 Sold Price: $405,000

Property Features

Special Listing Cond: N/A Architecture: Ranch Master Bathroom: 3/4 Bath Master Bdrm Flooring: Carpet; Laminate Spa: None Community Features: Near Bus Stop Dining Area: Breakfast Bar; Dining in FR Kitchen Features: Range/Oven Elec; Dishwasher; Refrigerator; Non-laminate Counter Laundry: Washer Hookup; Inside Other Rooms: Family Room; Separate Workshop Interior Features: Fix-Up Needs Repair Technology: Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Storage Road Responsibility: City Maintained Road Construction: Block Const - Finish: Painted; Stucco; Brick Veneer Roofing: Composition Cooling: Central Air; Ceiling Fan(s) Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: APS Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: Cul-De-Sac Lot; Corner Lot; North/South Exposure Landscaping: None Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; VA; FHA Disclosures: Seller Discl Avail
Listing Office: HomeSmart
IDX
Last Updated: January - 15 - 2026
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