NOT LISTED FOR SALE

16014 S 40th Way Phoenix, AZ 85048

Ahwatukee Neighborhood

Estimated Value: $420,133 - $442,000

3 Beds
2 Baths
1,228 Sq Ft
$354/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $219,000 $178 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,441/month

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Kyrene del Milenio Rated A-
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of October 2022

Very nice 3 bedroom 2 bath home located off Chandler BLVD and 40th St. Cute and cozy single level home located in a highly sought after location. Property has neutral two-tone paint throughout, vaulted ceilings and plenty of natural lighting. Master bathroom has a dual sink vanity and shower/tub combo. Decent sized backyard with small covered patio and AstroTurf.

Last Agent to Rent the Property

Mario Montoya

480 Realty & Property Management License #BR639743000 Listed on: 09/15/2022

Co-Listed By

Ariana Jaynes

480 Realty & Property Management License #BR683511000

Last Renter's Agent

Mario Montoya

Nexthome Elite Realty License #BR639743000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 4,452 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,228 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Solar Screens
  • Mountain Views
  • Eat-In Kitchen
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Kyrene Del Milenio Elementary School
  • Kyrene Akimel A Middle School
  • Desert Vista High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

  • Property has a Home Owners Association
  • Mountside Master Association, Phone Number (480) 844-2224
  • Built by Coventry Homes
  • Cove At Mountainside Phase 1 Subdivision

Listing and Financial Details

  • Property Available on 9/23/22
  • $299 Move-In Fee
  • 12-Month Minimum Lease Term
  • $75 Application Fee
  • Tax Lot 105
  • Assessor Parcel Number 301-69-136

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2022-09-23

Listing Details

  • Cross Street: Chandler & 40th
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Rental Info H O A Fee Paid Freq: Monthly
  • Rental Info H O A Name: Mountside Master
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Initial Move In Costs Admin Fee: 299.0
  • Initial Move In Costs Application Fee: 75.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: rdbk02
  • Co List Office Phone: 480-779-6151
  • Subdivision Name: COVE AT MOUNTAINSIDE PHASE 1
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 1228.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: Mountside Master
  • Phone: 480-844-2224
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Kyrene del Milenio
  • High School: Desert Vista High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Akimel A-Al Middle School

Lot Info

  • Lot Size Sq Ft: 4452.0
  • Parcel #: 301-69-136
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Coventry Homes

Tax Info

  • Tax Book Number: 301.00
  • Tax Lot: 105
  • Tax Map Number: 69.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2016
Closed on
Jan 10, 2017
Sold by
Alaj Klodiana
Bought by
Mehany Eslam
Seller's Agent
Kari Hughes
Compass
Buyer's Agent
Nassim Tantouri
West USA Realty
List Price
$227,000
Sold Price
$219,000
Premium/Discount to List
-$8,000
-3.52%
Current Estimated Value
$434,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,533
Avg. Annual Appreciation
8.09%
Original Mortgage
$215,033
Outstanding Balance
$177,610
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$256,923

Purchase Details

Listed on
Nov 4, 2016
Closed on
Jan 3, 2017
Sold by
Correa Robert Matthew and Madsen Michelle
Bought by
Mehany Eslam
Seller's Agent
Kari Hughes
Compass
Buyer's Agent
Nassim Tantouri
West USA Realty
List Price
$227,000
Sold Price
$219,000
Premium/Discount to List
-$8,000
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,033
Outstanding Balance
$177,610
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$256,923

Purchase Details

Closed on
Feb 28, 2006
Sold by
Ekholm Dene
Bought by
Correa Robert Matthew and Madsen Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2004
Sold by
Thomas Jill A
Bought by
Ekholm Dene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 1999
Sold by
Bradley Patrick M
Bought by
Thomas Jill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mehany Eslam -- American Title Svc Agency Ll
Mehany Eslam $219,000 American Title Svc Agency Ll
Correa Robert Matthew $275,000 Security Title Agency Inc
Ekholm Dene $158,000 Security Title Agency
Thomas Jill A $121,500 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehany Eslam $215,033
Previous Owner Correa Robert Matthew $180,000
Previous Owner Ekholm Dene $126,400
Previous Owner Thomas Jill A $97,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2022 10/14/22 Rented $2,300 0.0% --
10/05/2022 10/05/22 Under Contract -- -- --
09/27/2022 09/27/22 Price Changed $2,300 +15.0% $2 / Sq Ft
09/22/2022 09/22/22 Price Changed $2,000 -4.8% $2 / Sq Ft
09/15/2022 09/15/22 For Rent $2,100 0.0% --
02/17/2017 02/17/17 Sold $219,000 -3.5% $178 / Sq Ft View Prior Sale
12/04/2016 12/04/16 Pending -- -- --
11/03/2016 11/03/16 For Sale $227,000 -- $185 / 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 $1,895 $18,005 -- --
2024 $1,806 $17,148 -- --
2023 $1,806 $29,700 $5,940 $23,760
2022 $1,463 $22,260 $4,450 $17,810
2021 $1,526 $20,520 $4,100 $16,420
2020 $1,488 $19,750 $3,950 $15,800
2019 $1,441 $18,360 $3,670 $14,690
2018 $1,391 $17,150 $3,430 $13,720
2017 $1,328 $15,980 $3,190 $12,790
2016 $1,346 $15,470 $3,090 $12,380
2015 $1,205 $14,250 $2,850 $11,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2022

    Mario Montoya

    480 Realty & Property Management

    (480) 282-1234

    2 in this area

    43 Total Sales

    Mario Montoya
    Section Image

  • A

    Landlord's Co-Listing Agent in 2022

    Ariana Jaynes

    480 Realty & Property Management

    (480) 779-6151

    15 Total Sales

    Ariana Jaynes
    Section Image
  • Kari Hughes

    Seller's Agent in 2017

    Kari Hughes

    Compass

    (480) 326-8990

    8 in this area

    43 Total Sales

    Kari Hughes
    Section Image

  • N

    Buyer's Agent in 2017

    Nassim Tantouri

    West USA Realty

    (480) 939-9992

    22 Total Sales

    Nassim Tantouri
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6464286

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-69-136

Arizona Maricopa County Phoenix 85048 Ahwatukee

16014 S 40th Way, Phoenix, AZ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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