NOT LISTED FOR SALE

2440 E Marguerite Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $381,000 - $432,000

4 Beds
2 Baths
1,690 Sq Ft
$241/Sq Ft Est. Value

Last Sold November 16, 2017

Last sale price $199,000 $118 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,383/month

1 Day on Market

Highlights

  • Home Energy Rating Service (HERS) Rated Property
  • No HOA
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • Mechanical Sun Shade
  • Double Pane Windows

About This Home

As of November 2017

Brand new SRP ENERGY STAR home under construction with $15,000 homebuyer assistance! (NSP down payment assistance based on household income and program qualifying criteria) This energy efficient home features a spacious floor plan with walk in closets, stainless steel kitchen appliances, 2 inch window blinds, front yard landscaping (crushed granite back yard covering), dual pane windows and more. Alarm conveys with sale.

Last Agent to Sell the Property

Karen Davis

Hit Realty Advisors,LLC License #SA637084000 Listed on: 08/02/2017

Co-Listed By

Krista Schwartz

West USA Realty License #BR505679000

Last Buyer's Agent

Jonathan Bauer

PADLAB License #BR663625000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 7,530 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Sprinklers on Timer

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Mechanical Sun Shade

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Low Flow Plumbing Fixtures

Accessible Home Design

  • Accessible Hallway
  • Doors with lever handles
  • Doors are 32 inches wide or more
  • Stepless Entry

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • Mechanical Fresh Air

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 122-56-055

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Mandalay
  • Broadway Estates Lots 137 158 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,016

Year Built

Built in 2017 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 24th St/ Broadway
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Cooling HVAC SEER Rating: 15
  • Energy Green Feature H E R S Cert Date: 2017-08-02
  • Energy Green Feature H E R S Rating: Y
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2017
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: wusa02
  • Co List Office Phone: 480-948-5554
  • Subdivision Name: BROADWAY ESTATES LOTS 137-158
  • New Construction: No
  • Efficiency: Fresh Air Mechanical
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Accessible Door 32in+ Wide, Zero-Grade Entry, Lever Handles, Accessible Hallway(s)
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Pantry, Full Bth Master Bdrm
  • Living Area: 1690.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows, Low-E, Mechanical Sun Shds
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Alley, Desert Front, Gravel/Stone Back, Auto Timer H2O Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7530.0
  • Parcel #: 122-56-055
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • GreenEnergy Cert:Energy Star Cert: Yes
  • GreenEnergy Cert:Indoor airPLUS Pkg: Yes

Building Info

  • Builder Name: Mandalay

Tax Info

  • Tax Annual Amount: 2016.0
  • Tax Book Number: 122.00
  • Tax Lot: 80
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Nov 1, 2017
Sold by
Fsl Real Estate Services
Bought by
Claiborn Thomas and Claiborn Candace S
Seller's Agent
Karen Davis
Hit Realty Advisors,LLC
Buyer's Agent
Jonathan Bauer
PADLAB
List Price
$199,000
Sold Price
$199,000
Current Estimated Value
$407,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,800
Avg. Annual Appreciation
9.79%
Original Mortgage
$15,000
Interest Rate
3.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2017
Sold by
City Of Phoenix
Bought by
Fsl Real Estate Services

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,895
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2006
Sold by
City Of Phoenix
Bought by
City Of Phoenix

Purchase Details

Closed on
May 23, 1995
Sold by
Federal National Mortgage Association
Bought by
Mortgage Service America Company

Purchase Details

Closed on
Dec 8, 1994
Sold by
Fical Financial Inc
Bought by
Federal National Mortgage Association
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
Claiborn Thomas $199,000 Chicago Title Agency Inc
Fsl Real Estate Services -- Chicago Title
City Of Phoenix -- None Available
Mortgage Service America Company -- Lawyers Title Of Arizona Inc
Federal National Mortgage Association -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claiborn Candace $100,000
Open Claiborn Thomas $185,000
Closed Claiborn Thomas $15,000
Closed Claiborn Thomas $193,030
Previous Owner Fsl Real Estate Services $182,490
Previous Owner Fsl Real Estate Services $16,895
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2017 11/16/17 Sold $199,000 0.0% $118 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $199,000 -- $118 / 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 $1,934 $13,168 -- --
2024 $1,879 $12,541 -- --
2023 $1,879 $27,450 $5,490 $21,960
2022 $1,842 $21,110 $4,220 $16,890
2021 $1,698 $19,120 $3,820 $15,300
2020 $1,677 $18,020 $3,600 $14,420
2019 $1,620 $15,150 $3,030 $12,120
2018 $1,574 $2,475 $2,475 $0
2017 $565 $4,095 $4,095 $0
2016 $0 $3,795 $3,795 $0
2015 -- $2,928 $2,928 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Davis

    Seller's Agent in 2017

    Karen Davis

    Hit Realty Advisors,LLC

    (623) 764-1854

    16 in this area

    19 Total Sales

    Karen Davis
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Krista Schwartz

    West USA Realty

    Section Image

  • J

    Buyer's Agent in 2017

    Jonathan Bauer

    PADLAB

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5641838

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-56-055

Arizona Maricopa County Phoenix 85040 South Mountain

2440 E Marguerite Ave, Phoenix, AZ

This home is located at 2440 E Marguerite Ave, Phoenix, AZ 85040 since 02 August 2017 and is currently estimated at $407,800, approximately $241 per square foot. This property was built in 2017. 2440 E Marguerite Ave is a home located in Maricopa County with nearby schools including Percy L Julian School, South Mountain 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

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