NOT LISTED FOR SALE

1853 N 40th St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $618,398

Studio
-- Bath
1,800 Sq Ft
$344/Sq Ft Est. Value

Sale Details

Date Sold: May 20, 2020

Last sale price $840 $0 Per Sq Ft

Est. 73,519% increase in value since last sale

Current estimated payment $3,542 / mo

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 Agent to Sell the Property

Scot Hall

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

Last Buyer's Agent

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
  • 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
  • Three-Phase Power
  • 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

7,405 Sq Ft Lot

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 Tenant Allow Sq Ft: 1.0
  • Year Built: 1947
  • Tax Year: 2019
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2025
Sold by
Bought by
Current Estimated Value
$618,398

Purchase Details

Closed on
Dec 18, 2024
Sold by
Bought by

Purchase Details

Closed on
Sep 11, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 23, 2009
Sold by
Bought by

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
0.0478%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 2004
Sold by
Bought by

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
0.0564%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$630,000 Pioneer Title Agency
$64,908 Fidelity National Title
-- Fidelity National Title
-- None Available
$151,500 Fidelity National Title
$130,000 Security Title Agency
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $54,000
Previous Owner $61,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,423 $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

    31 Total Sales

    Scot Hall
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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

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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