NOT LISTED FOR SALE

2040 S Luther Mesa, AZ 85209

Estimated Value: $383,000 - $405,000

3 Beds
2 Baths
1,363 Sq Ft
$290/Sq Ft Est. Value

Last Sold November 03, 2014

Last sale price $150,000 $110 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,320/month

About This Home

As of November 2014

Home sweet home, located minutes from the Loop 202 & the 60! Features include a spacious layout with warm interior views from one living space into the dining area. Modern appliances can be found in the kitchen, along with granite countertops & roomy cabinetry. Don’t miss the ceiling fan in the master suite or the nearby walk-in closet!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2014
Closed on
Oct 28, 2014
Sold by
Babcock Rachel
Bought by
Ih5 Property Phoenix Lp
Seller's Agent
Stuart Turner
Invitation Homes
Buyer's Agent
Kathy Lockhart
HomeSmart
Sold Price
$1,095
Current Estimated Value
$395,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,727
Avg. Annual Appreciation
9.58%

Purchase Details

Closed on
Sep 23, 2009
Sold by
Flaherty Lindi and Flaherty Tanner
Bought by
Engle William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2008
Sold by
Bank Of New York
Bought by
Flahery Lindi and Flaherty Tanner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2008
Sold by
Scarlett Mark
Bought by
Bank Of New York and Certificateholders Cwalt Inc Alternative

Purchase Details

Closed on
Mar 17, 2005
Sold by
Scarlett Connie C Q
Bought by
Scarlett Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2005
Sold by
Scarlett Brandon
Bought by
Scarlett Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2005
Sold by
Scarlett Mark
Bought by
Scarlett Brandon

Purchase Details

Closed on
Sep 9, 2004
Sold by
Scarlett C Q
Bought by
Scarlett Mark

Purchase Details

Closed on
Jul 18, 2003
Sold by
Scarlett Mark
Bought by
Scarlett Brandon

Purchase Details

Closed on
Feb 28, 2003
Sold by
Kb Home Sales Phoenix Inc
Bought by
Scarlett Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,264
Interest Rate
5.71%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Ih5 Property Phoenix Lp $150,000 Clear Title Agency
Engle William A $135,000 American Title Service Agenc
Flahery Lindi $137,900 First American Title Ins Co
Bank Of New York $188,100 First American Title
Scarlett Mark -- Old Republic Title Agency
Scarlett Mark -- --
Scarlett Brandon -- --
Scarlett Mark -- --
Scarlett Mark -- --
Scarlett Brandon -- --
Scarlett Mark A $156,321 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engle William A $108,000
Previous Owner Flahery Lindi $127,900
Previous Owner Scarlett Mark $216,000
Previous Owner Scarlett Mark $54,000
Previous Owner Scarlett Mark $168,000
Previous Owner Kb Home Sales Phoenix Inc $31,264
Previous Owner Scarlett Mark A $125,056
Closed Scarlett Mark $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2017 09/18/17 Rented $1,225 0.0% --
09/07/2017 09/07/17 Under Contract -- -- --
09/02/2017 09/02/17 For Rent $1,225 +5.6% --
01/30/2016 01/30/16 Rented $1,160 0.0% --
01/15/2016 01/15/16 For Rent $1,160 0.0% --
01/14/2016 01/14/16 Under Contract -- -- --
01/06/2016 01/06/16 For Rent $1,160 0.0% --
01/06/2016 01/06/16 Under Contract -- -- --
01/05/2016 01/05/16 For Rent $1,160 +5.9% --
12/19/2014 12/19/14 Rented $1,095 0.0% --
12/14/2014 12/14/14 Under Contract -- -- --
12/12/2014 12/12/14 For Rent $1,095 0.0% --
11/03/2014 11/03/14 Sold $150,000 0.0% $110 / Sq Ft
09/18/2014 09/18/14 Off Market $150,000 -- --
09/12/2014 09/12/14 For Sale $145,000 -3.3% $106 / Sq Ft
09/10/2014 09/10/14 Off Market $150,000 -- --
09/09/2014 09/09/14 For Sale $145,000 -- $106 / Sq Ft

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 $1,268 $14,675 -- --
2024 $1,275 $13,976 -- --
2023 $1,275 $28,070 $5,610 $22,460
2022 $1,246 $20,720 $4,140 $16,580
2021 $1,316 $19,250 $3,850 $15,400
2020 $1,294 $17,580 $3,510 $14,070
2019 $1,211 $16,000 $3,200 $12,800
2018 $1,160 $14,570 $2,910 $11,660
2017 $1,126 $13,160 $2,630 $10,530
2016 $1,151 $12,530 $2,500 $10,030
2015 $1,060 $11,650 $2,330 $9,320
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Stuart Turner

    Invitation Homes

  • Jane Wofford

    Buyer's Agent in 2017

    Jane Wofford

    HomeSmart

    Section Image
  • Allison Gualtiere

    Buyer's Agent in 2016

    Allison Gualtiere

    Cambridge Properties

    (602) 549-5012

    70 Total Sales

    Allison Gualtiere
    Section Image

  • R

    Seller's Agent in 2014

    Royce Munroe

    Munroe Multifamily

    (480) 221-5449

    22 Total Sales

    Royce Munroe
    Section Image
  • Kathy Lockhart

    Buyer's Agent in 2014

    Kathy Lockhart

    HomeSmart

    (602) 686-8037

    20 Total Sales

    Kathy Lockhart
    Section Image

  • S

    Buyer's Agent in 2014

    Sarah Parker

    Dave Johnson Realty

    9 Total Sales

    Sarah Parker
    Section Image
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Map

Arizona Maricopa County Mesa 85209

2040 S Luther, Mesa, AZ

This home is located at 2040 S Luther, Mesa, AZ 85209 and is currently estimated at $395,822, approximately $290 per square foot. 2040 S Luther is a home located in Maricopa County with nearby schools including Boulder Creek Elementary School, Desert Ridge Jr. High School, and Desert Ridge 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.

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