NOT LISTED FOR SALE

16244 S 40th Way Phoenix, AZ 85048

Ahwatukee Neighborhood

Estimated Value: $507,226 - $573,000

4 Beds
3 Baths
2,253 Sq Ft
$240/Sq Ft Est. Value

Last Sold April 16, 2013

Last sale price $237,000 $105 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,187/month

Highlights

  • Corner Lot
  • Granite Countertops
  • Double Vanity
  • Kyrene del Milenio Rated A-
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of April 2023

**beautiful home with 4 bedrooms, 3 baths** *over 2200 sq ft with a POOL!!* **Home is updated and remodeled** *located in desirable Ahwatukee* **Top rated schools** *close to shopping centers* **convenient freeway access** *Close to the 202 and i-10* Don't miss the opportunity to rent this home! **Pool service is included. 2 pet max.** **all appliances included**

**tenant occupied, no showings until 3/16/23**

Last Agent to Rent the Property

Randi Weiss

Desert Canyon Properties, LLC License #BR645382000 Listed on: 03/09/2023

Last Renter's Agent

Randi Weiss

Desert Canyon Properties, LLC License #BR645382000 Listed on: 03/09/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,327

Year Built

  • Built in 1992

Lot Details

  • 5,515 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • 2,253 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Kyrene De Los Lagos Elementary School
  • Kyrene Akimel A Middle School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Cornerstone Property Association, Phone Number (602) 433-0331
  • Vista Norte 2 Lot 1 69 Tr A G Subdivision

Listing and Financial Details

  • Property Available on 4/1/23
  • $225 Move-In Fee
  • Rent includes repairs, pool service - full
  • 12-Month Minimum Lease Term
  • $60 Application Fee
  • Tax Lot 1
  • Assessor Parcel Number 307-03-332

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,327

Year Built

Built in 1992

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Repairs, Pool Service - Full
  • Available Date: 2023-04-01

Listing Details

  • Cross Street: CHANDLER BLVD & 40TH STREET
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Rental Info H O A Name: Cornerstone Property
  • Non Assistive Animals: Yes
  • Rental Info Rental Tax Percent: 2.3
  • Initial Move In Costs Addtl Move In Fees: 35.0
  • Initial Move In Costs Admin Fee: 225.0
  • Initial Move In Costs Application Fee: 60.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: VISTA NORTE 2 LOT 1-69 TR A-G
  • Property Attached Yn: No
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2253.0
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Washer Hookup, Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: Cornerstone Property
  • Phone: 602-433-0331
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Elementary School: Kyrene de los Lagos 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: 5515.0
  • Parcel #: 307-03-332

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 307.00
  • Tax Lot: 1
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2012
Closed on
Apr 10, 2013
Sold by
Hernandez Karina Rosales
Bought by
Cisneros Ricardo O Martinez
Seller's Agent
Rob McClure
McClure & Associates
Buyer's Agent
Martha Navarro
HomeSmart
List Price
$275,000
Sold Price
$237,000
Premium/Discount to List
-$38,000
-13.82%
Current Estimated Value
$546,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,727
Avg. Annual Appreciation
6.58%
Original Mortgage
$232,707
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2012
Sold by
Giner Oscar M and Giner Margarita V
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 16, 2012
Sold by
Giner Oscar M and Giner Margarita V
Bought by
Caliban Llc

Purchase Details

Closed on
Aug 9, 2005
Sold by
Wong Sam and Wong Haitao
Bought by
Giner Oscar M and Giner Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,800
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2005
Sold by
Wang Kaiming Steve and Wang Liliu
Bought by
Wong Sam and Wang Haitao

Purchase Details

Closed on
Dec 20, 1994
Sold by
Rukstelis Paul J and Rukstelis Leora
Bought by
Wang Kaiming Steve and Wang Liliu

Purchase Details

Closed on
Dec 19, 1994
Sold by
Rukstelis Paul J and Rukstelis Leora
Bought by
Wang Kaiming and Wang Liliu
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
Cisneros Ricardo O Martinez -- Old Republic Title Agency
Cisneros Ricardo O Martinez $237,000 Old Republic Title Agency
Federal National Mortgage Association $336,372 First American Title
Caliban Llc -- None Available
Giner Oscar M $399,800 --
Wong Sam $350,000 Fidelity National Title
Wang Kaiming Steve -- Security Title Agency
Wang Kaiming $138,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cisneros Ricardo O Martinez $216,250
Closed Cisneros Ricardo O Martinez $232,707
Previous Owner Giner Oscar M $320,000
Previous Owner Giner Oscar $60,000
Previous Owner Giner Oscar M $359,800
Previous Owner Wang Kaiming Steve $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Rented $3,000 0.0% --
04/01/2023 04/01/23 Under Contract -- -- --
03/09/2023 03/09/23 For Rent $3,000 0.0% --
01/19/2022 01/19/22 Rented $3,000 0.0% --
01/17/2022 01/17/22 Under Contract -- -- --
01/11/2022 01/11/22 For Rent $3,000 +30.4% --
08/01/2020 08/01/20 Rented $2,300 0.0% --
06/30/2020 06/30/20 Under Contract -- -- --
06/29/2020 06/29/20 Off Market $2,300 -- --
06/29/2020 06/29/20 For Rent $2,300 0.0% --
04/16/2013 04/16/13 Sold $237,000 +0.9% $140 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
02/25/2013 02/25/13 Price Changed $235,000 -9.6% $139 / Sq Ft
01/08/2013 01/08/13 Price Changed $260,000 -5.5% $154 / Sq Ft
11/21/2012 11/21/12 For Sale $275,000 -- $163 / 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 $2,327 $27,807 -- --
2024 $2,790 $26,482 -- --
2023 $2,790 $37,520 $7,500 $30,020
2022 $2,671 $27,930 $5,580 $22,350
2021 $2,739 $26,160 $5,230 $20,930
2020 $2,676 $25,450 $5,090 $20,360
2019 $2,225 $23,900 $4,780 $19,120
2018 $2,149 $22,400 $4,480 $17,920
2017 $2,051 $22,000 $4,400 $17,600
2016 $2,078 $21,700 $4,340 $17,360
2015 $1,861 $20,260 $4,050 $16,210
Source: Public Records

Agents Affiliated with this Home

  • Randi Weiss

    Landlord's Agent in 2023

    Randi Weiss

    Desert Canyon Properties, LLC

    (602) 854-9884

    32 Total Sales

    Section Image

  • S

    Buyer's Agent in 2022

    Shacora Milanovic

    Redfin Corporation

    Section Image

  • R

    Seller's Agent in 2013

    Rob McClure

    McClure & Associates

  • Martha Navarro

    Buyer's Agent in 2013

    Martha Navarro

    HomeSmart

    (623) 341-6345

    203 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6529757

Arizona Regional Multiple Listing Service (ARMLS)

APN: 307-03-332

Arizona Maricopa County Phoenix 85048 Ahwatukee

16244 S 40th Way, Phoenix, AZ

This home is located at 16244 S 40th Way, Phoenix, AZ 85048 since 09 March 2023 and is currently priced at $541,807. This property was built in 1992. 16244 S 40th Way is a home located in Maricopa County with nearby schools including Kyrene del Milenio, Kyrene Akimel A-al Middle School, and Desert Vista High School.

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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