NOT LISTED FOR SALE

2040 E Minton Dr Unit 5 Tempe, AZ 85282

The Lakes Neighborhood

Estimated Value: $498,017 - $562,000

3 Beds
2 Baths
1,488 Sq Ft
$355/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $448,000 $301 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,076/month

Highlights

  • 0.18 Acre Lot
  • No HOA
  • Eat-In Kitchen
  • Granite Countertops
  • Covered patio or porch
  • Tile Flooring

About This Home

As of August 2023

Wonderful Continental East home in Tempe!! Highly desirable neighborhood in Tempe close to 101 and 60 highways, local schools/shopping, hospital and of course ASU. Home is in the highly sought after Fuller Elementary. Extremely well maintained by owners. Enjoy 2 open living areas, 3 spacious bedrooms all with ceiling fans, 2 well maintained bathrooms, a lovely kitchen complete with granite countertops, an island and black appliances including refrigerator. Large storage/laundry area with washer and dryer included. Complete 2 car garage with storage space and 2 access doors. Outside, enjoy a large open yard complete with a newer roof, newer AC unit and newer sparkling blue pool, perfect for enjoying or entertaining. Pets on approval. Credit under 600 pay 1.5 times rent as security.

Last Agent to Rent the Property

Paul Ruston

Renters Choice Homes License #BR543896000 Listed on: 07/26/2023

Last Renter's Agent

Gina Bowen

Shull Realty LLC License #SA700155000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1972

Lot Details

  • 7,924 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • <<builtInMicrowave>>
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage
  • Playground

Schools

  • Fuller Elementary School
  • FEES College Preparatory Middle School
  • Mcclintock High School

Utilities

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

Community Details

  • No Home Owners Association
  • Built by Continental
  • Continental East 5 Subdivision

Listing and Financial Details

  • Property Available on 7/26/23
  • $200 Move-In Fee
  • 12-Month Minimum Lease Term
  • Tax Lot 662
  • Assessor Parcel Number 133-35-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,949

Year Built

Built in 1972

Lot Details

0

Parking

2

Rental Info

  • Rent Includes: None
  • Available Date: 2023-07-26

Listing Details

  • Cross Street: 101 Freeway and Baseline
  • 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: 1972
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.8
  • Initial Move In Costs Admin Fee: 200.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: West on Baseline to River. North on River to Minton. West on Minton to home on right side of the street
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: CONTINENTAL EAST 5
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Negotiable
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1488.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Disclosures: Agency Discl Req
  • Construction Type: Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features Playground: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Fuller Elementary School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Lot Size Sq Ft: 7924.0
  • Parcel #: 133-35-120

Building Info

  • Builder Name: Continental

Tax Info

  • Tax Book Number: 133.00
  • Tax Lot: 662
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 22, 2021
Sold by
Arndt Richard H and Arndt Amanda L
Bought by
Frankos Jeffrey and Frankos Emilie C
Seller's Agent
Allan Hostetler
Realty ONE Group
Buyer's Agent
Carl Ong
My Home Group Real Estate
List Price
$405,000
Sold Price
$448,000
Premium/Discount to List
$43,000
10.62%
Current Estimated Value
$527,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,504
Avg. Annual Appreciation
3.97%
Original Mortgage
$341,600
Outstanding Balance
$312,403
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$215,101

Purchase Details

Closed on
Aug 3, 2011
Sold by
Phoenix Financing Llc
Bought by
Arndt Richard H and Arndt Amanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,200
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Barber Daniel G
Bought by
Ez Homes Inc

Purchase Details

Closed on
May 19, 2011
Sold by
Ez Homes Inc
Bought by
Phoenix Financing Llc

Purchase Details

Closed on
May 18, 2004
Sold by
Hendricks Mills Kathryn L and Hendricks Kathryn L
Bought by
Barber Daniel and Barber Daniel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1999
Sold by
Fears Shannon M
Bought by
Hendricks Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,450
Interest Rate
7.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 1996
Sold by
Dicus Laura G
Bought by
Fears Shannon M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Frankos Jeffrey $448,000 Old Republic Title Agency
Arndt Richard H $142,500 Sterling Title Agency Llc
Ez Homes Inc $92,000 None Available
Phoenix Financing Llc -- None Available
Barber Daniel $157,000 Chicago Title Insurance Comp
Hendricks Kathryn L $120,500 Stewart Title & Trust
Fears Shannon M -- Transnation Title Ins Co
Fears Shannon M $109,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankos Jeffrey $341,600
Previous Owner Arndt Richard H $155,600
Previous Owner Arndt Richard H $138,200
Previous Owner Barber Daniel $10,000
Previous Owner Barber Daniel G $190,000
Previous Owner Barber Daniel $125,600
Previous Owner Hendricks Kathryn L $30,000
Previous Owner Hendricks Kathryn L $108,450
Closed Barber Daniel $31,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Rented $2,495 0.0% --
07/31/2023 07/31/23 Under Contract -- -- --
07/26/2023 07/26/23 For Rent $2,495 0.0% --
04/29/2021 04/29/21 Sold $448,000 +10.6% $301 / Sq Ft
03/25/2021 03/25/21 For Sale $405,000 -- $272 / 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 $1,949 $17,403 -- --
2024 $1,926 $16,574 -- --
2023 $1,926 $36,500 $7,300 $29,200
2022 $1,847 $26,020 $5,200 $20,820
2021 $1,860 $23,080 $4,610 $18,470
2020 $1,567 $21,700 $4,340 $17,360
2019 $1,537 $19,980 $3,990 $15,990
2018 $1,496 $18,630 $3,720 $14,910
2017 $1,449 $17,070 $3,410 $13,660
2016 $1,442 $16,470 $3,290 $13,180
2015 $1,395 $14,510 $2,900 $11,610
Source: Public Records

Agents Affiliated with this Home

  • P

    Landlord's Agent in 2023

    Paul Ruston

    Renters Choice Homes

    (480) 626-0166

    4 Total Sales

    Paul Ruston
    Section Image

  • G

    Tenant's Agent in 2023

    Gina Bowen

    Shull Realty LLC

    (480) 231-2498

    1 Total Sale

    Gina Bowen
    Section Image
  • Allan Hostetler

    Seller's Agent in 2021

    Allan Hostetler

    Realty One Group

    (480) 321-8100

    1 in this area

    33 Total Sales

    Allan Hostetler
    Section Image
  • Carl Ong

    Buyer's Agent in 2021

    Carl Ong

    My Home Group Real Estate

    (480) 447-7333

    1 in this area

    45 Total Sales

    Carl Ong
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6584794

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-35-120

Arizona Maricopa County Tempe 85282 The Lakes

2040 E Minton Dr Unit 5, Tempe, AZ

This home is located at 2040 E Minton Dr Unit 5, Tempe, AZ 85282 since 26 July 2023 and is currently priced at $527,504. This property was built in 1972. 2040 E Minton Dr Unit 5 is a home located in Maricopa County with nearby schools including Fuller Elementary School, Fees College Preparatory Middle School, and McClintock 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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