NOT LISTED FOR SALE

1853 N 40th St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $632,739

-- Bed
-- Bath
1,800 Sq Ft
$352/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $840 $0 Per Sq Ft

Est. 75,226% increase in value since last sale

Current estimated payment $3,737/month

244 Days on Market

Highlights

  • Skylights
  • Central Air
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Partially Fenced Property

About This Home

As of May 2020

This two suite building was completely remodeled in 2015, new electric, plumbing HVAC, foam roof exterior finish and parking lot.
Close proximity to freeway and primary street access close to high density residential, food, shopping and entertainment. Move-in ready bull pen / flex space, style build-out.

Last Listed By

Scot Hall

Wolf Realty, Inc. License #BR029352000 Listed on: 09/20/2019

Property Details

Property Type

  • Other

Year Built

  • Built in 1947

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Property is zoned R-5

Home Design

  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Skylights

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts

Community Details

  • 2 Buildings
  • Building Dimensions are 60' frontage x 125' deep

Listing and Financial Details

  • Property Available on 9/19/19
  • Assessor Parcel Number 126-06-052

Property Details

Property Type

Other

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cross Street: On the Southeast coner of 40th Street & Palm Lane
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: R-5
  • Bay Info Bay Door Height: 83.0
  • Bay Info Bay Size: 850
  • Bay Info Max Span Lineal Ft: 15.0
  • Current Use: Service Business, Office
  • Number Of Buildings: 2
  • Lease Info Annual C A M Sq Ft: 1.0
  • Lease Info Annual Exp Stop Sq Ft: 1.0
  • Lease Info Annual Lease Price: 21600.0
  • Lease Info Annual Lse Prc P S F: 12.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-5
  • Lease Info Space Divisible: No
  • Lease Info Suite Floor Location: 1
  • Lease Info Suite Size Avail Max: 1800
  • Lease Info Tenant Allow Sq Ft: 1.0
  • Year Built: 1947
  • Tax Year: 2019
  • Directions: 3/4 mile south of Thomas Road on the east side of 40th Street
  • Lot Size Acres: 0.17
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Metes & Bounds
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Block, Partial
  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Foam
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS, 220 Volts, 3 Phase Power
  • Cooling: Central A/C
  • Heating: Heat Pump, Electric
  • Green Building Features: Skylight(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Skylight(s)2: Yes

Lot Info

  • Lot Size: 60' frontage x 125' deep
  • Lot Size Sq Ft: 7405.0
  • Additional Parcels: No
  • Parcel #: 126-06-052
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2019-09-19

Multi Family

  • Leasable Area: 1800.0

Tax Info

  • Tax Annual Amount: 2435.0
  • Tax Book Number: 126.00
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Puz Llc
Bought by
2040 Longmore Llc
Total Days on Market
244
Current Estimated Value
$632,739

Purchase Details

Closed on
Sep 11, 2014
Sold by
40 Palm Llc
Bought by
Puz Llc

Purchase Details

Closed on
Dec 23, 2009
Sold by
Robinov Shurik
Bought by
40 Palm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2009
Sold by
Rubinov Shirik
Bought by
40 Palm Llc

Purchase Details

Closed on
Dec 3, 2004
Sold by
Al Mutawa Yasmin
Bought by
Rubinov Shirik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
5.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 2003
Sold by
Olea Greg M
Bought by
Al Mutawa Yasmin

Purchase Details

Closed on
Jan 26, 1998
Sold by
Kelley Dale T
Bought by
Olea Greg M and Olea Bernice F

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2040 Longmore Llc $630,000 Pioneer Title Agency
2040 Longmore Llc $630,000 Pioneer Title Agency
Puz Llc $64,908 Fidelity National Title
40 Palm Llc -- Fidelity National Title
40 Palm Llc -- None Available
Rubinov Shirik $151,500 Fidelity National Title
Al Mutawa Yasmin $130,000 Security Title Agency
Olea Greg M $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 40 Palm Llc $54,000
Previous Owner Rubinov Shirik $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $840 -1.2% $0 / Sq Ft
09/19/2019 09/19/19 For Sale $850 -- $0 / 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 $2,352 $18,988 -- --
2024 $2,400 $18,649 -- --
2023 $2,400 $53,584 $21,709 $31,875
2022 $2,382 $42,368 $12,723 $29,645
2021 $2,491 $43,146 $13,086 $30,060
2020 $2,445 $40,284 $10,260 $30,024
2019 $2,435 $39,384 $10,584 $28,800
2018 $2,294 $35,460 $7,506 $27,954
2017 $2,197 $33,984 $6,948 $27,036
2016 $2,150 $13,770 $6,444 $7,326
2015 $2,269 $15,134 $8,529 $6,605
Source: Public Records

Agents Affiliated with this Home

  • Scot Hall

    Seller's Agent in 2020

    Scot Hall

    Wolf Realty, Inc.

    (602) 541-8191

    34 Total Sales

    Scot Hall
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5980698

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-06-052

Arizona Maricopa County Phoenix 85008 Camelback East Village

1853 N 40th St, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1853 N 40th St, Phoenix, AZ 85008 since 20 September 2019 and is currently estimated at $632,739, approximately $351 per square foot. This property was built in 1947. 1853 N 40th St is a home located in Maricopa County with nearby schools including Griffith Elementary School, Camelback High School, and Phoenix Coding Academy.

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

Nearby Homes