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: 4/13/2026

Overview

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!

Listing Details MLS# 6911532

Location, Tax & Legal

House Number
4060
Compass
E
Street Name
KAREN
St Suffix
Drive
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85032
Zip4
4730
Country
US
County Code
Maricopa
Assessor Number
215-71-016
Subdivision
PARADISE VALLEY OASIS NO. 14
Tax Year
2024

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
3
Full Bathrooms
2
Total Bathrooms
2
Approx SQFT
1420
Price/SqFt
285.21
Horses
N
Builder Name
Unknown
Year Built
1980
Approx Lot SqFt
10193
Approx Lot Acres
0.234
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
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

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.

Status Change Info

Off Market Date
2025-12-07
Under Contract Date
2025-12-06
Close of Escrow Date
2026-01-14

Legal Info

Township
3N
Range
4E
Section
7
Lot Number
Yes

More Information

Basement

Basement Y/N
N

Parking Spaces

Garage Spaces
2
Slab Parking Spaces
2
Total Covered Spaces
2

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

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

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
IDX
Listing Office: HomeSmart
Office Phone: 602-230-7600
Office Email: rlarue@hsmove.com
Last Updated: April - 13 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.