NOT LISTED FOR SALE

Estimated Value: $317,000 - $689,000

6 Beds
4 Baths
2,600 Sq Ft
8,276 Sq Ft Lot

Last Sold December 11, 2019

Last sale price $568,500 $219 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,818/month

Highlights

  • No HOA
  • Eat-In Kitchen
  • Central Air
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Heating Available

About This Home

As of December 2019

This home is located at 1131 N 40th St, Phoenix, AZ 85008 since 01 August 2019 and is currently estimated at $519,807, approximately $199 per square foot. This property was built in 1960. 1131 N 40th St is a home located in Maricopa County with nearby schools including Tillman Middle School, Camelback High School, and Phoenix Coding Academy.

Last Agent to Sell the Property

Todd Braun

Lee & Associates License #SA029726000 Listed on: 08/01/2019

Last Buyer's Agent

Todd Braun

Lee & Associates License #SA029726000 Listed on: 08/01/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $668

Year Built

  • Built in 1960

Lot Details

  • Block Wall Fence

Parking

  • 4 Open Parking Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms

Schools

  • Pat Tillman Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Whispering Sands Subdivision

Listing and Financial Details

  • Tax Lot 125-20-004
  • Assessor Parcel Number 125-20-003

Property Details

Home Type

Condominium

Est. Annual Taxes

$668

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1960
  • Tax Year: 2018
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: Whispering Sands
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 2600.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Pat Tillman Middle School
  • High School: Camelback High School
  • Middle Or Junior School: Pat Tillman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8090.0
  • Parcel #: 125-20-003

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 668.0
  • Tax Book Number: 125.00
  • Tax Lot: 125-20-004
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2021
Sold by
Whitney Management Llc
Bought by
Whitney Management Az Llc
Current Estimated Value
$519,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Outstanding Balance
$4,914,886
Interest Rate
2.65%
Mortgage Type
Commercial
Estimated Equity
-$4,395,079

Purchase Details

Listed on
Aug 1, 2019
Closed on
Dec 6, 2019
Sold by
4015 E Belleview St Llc
Bought by
Whitney Management Llc
Seller's Agent
Todd Braun
Lee & Associates
Buyer's Agent
Todd Braun
Lee & Associates
List Price
$615,000
Sold Price
$568,500
Premium/Discount to List
-$46,500
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.53%
Original Mortgage
$3,825,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 2016
Sold by
Moore Justin
Bought by
1131 N 40Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2015
Sold by
Skura Michael and Skura Michelle
Bought by
Moore Justin

Purchase Details

Closed on
Sep 8, 2009
Sold by
Green Peter and Mattei Elise
Bought by
Skura Michael and Skura Michelle

Purchase Details

Closed on
May 8, 2006
Sold by
Urbina Gary
Bought by
Green Peter and Mattei Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
Strode Morris and Strode Ruth
Bought by
Urbina Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2005
Sold by
Urbina Lisa Ann
Bought by
Urbina Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2004
Sold by
Lanc Florin
Bought by
Strode Morris and Strode Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,062
Interest Rate
6.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 10, 2003
Sold by
Ianc Alina
Bought by
Ianc Florin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2002
Sold by
Cameo Village Llc
Bought by
Pescador Luis E and Pescador Leticia

Purchase Details

Closed on
Sep 7, 2000
Sold by
Camacho Sergio and Camacho Rosalia
Bought by
Cameo Village Llc

Purchase Details

Closed on
Jun 21, 2000
Sold by
Horikawa Tadashi and Horikawa Matsue
Bought by
Camacho Sergio and Camacho Rosalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,725
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 1996
Sold by
Bellitter Anthony M and Bellitter Pearle M
Bought by
Horikawa Tadashi and Horikawa Matsue
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Whitney Management Az Llc -- Premier Title Agency
Whitney Management Llc $3,514,940 Chicago Title Agency Inc
1131 N 40Th St Llc -- Os National Title & Escrow
Moore Justin $150,000 Chicago Title Agency Inc
Skura Michael $53,000 Fidelity Natl Title Ins Co
Green Peter $265,000 Ticor Title Agency Of Az Inc
Urbina Gary $230,000 Chicago Title Insurance Co
Urbina Gary -- Chicago Title Insurance Co
Strode Morris $210,000 Capital Title Agency Inc
Ianc Florin -- American Title Ins Agency Az
Pescador Luis E -- Capital Title Agency Inc
Cameo Village Llc -- --
Camacho Sergio $98,500 Capital Title Agency
Horikawa Tadashi $66,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitney Management Az Llc $5,500,000
Closed Whitney Management Llc $3,825,000
Previous Owner 1131 N 40Th St Llc $184,500
Previous Owner Green Peter $212,000
Previous Owner Urbina Gary $184,000
Previous Owner Urbina Gary $184,000
Previous Owner Strode Morris $149,062
Previous Owner Ianc Florin $133,600
Previous Owner Camacho Sergio $83,725
Closed Strode Morris $39,937
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2019 12/11/19 Sold $568,500 -7.6% $219 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $615,000 -- $237 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $747 $6,221 -- --
2024 $740 $5,925 -- --
2023 $740 $43,710 $8,740 $34,970
2022 $713 $28,760 $5,750 $23,010
2021 $725 $23,330 $4,660 $18,670
2020 $712 $19,520 $3,900 $15,620
2019 $709 $15,020 $3,000 $12,020
2018 $668 $13,200 $2,640 $10,560
2017 $640 $11,970 $2,390 $9,580
2016 $626 $6,710 $1,340 $5,370
2015 $588 $5,910 $1,180 $4,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5959430

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-003