NOT LISTED FOR SALE

2540 N 40th Ave Phoenix, AZ 85009

Maryvale Neighborhood

Estimated Value: $309,596 - $324,000

3 Beds
2 Baths
1,080 Sq Ft
$293/Sq Ft Est. Value

Last Sold May 22, 2013

Last sale price $53,496 $50 Per Sq Ft

Est. 492% increase in value since last sale

Current estimated payment $1,834/month

About This Home

As of May 2013

Located in Phoenix, AZ, this delightful home has 3 bedrooms, 2 baths, and 1,350 square feet of space for you to fall in love with. You'll love the features this home has to offer such as gorgeous floors, over-sized windows, vaulted ceilings, an inviting living room.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2018
Sold by
2018 2 Ih Borrower Lp
Bought by
2018 2 Ih Borrower Lp
Current Estimated Value
$316,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,057,225
Outstanding Balance
$920,776
Interest Rate
4.44%
Mortgage Type
Construction
Estimated Equity
-$603,877

Purchase Details

Listed on
Mar 29, 2013
Closed on
May 20, 2013
Sold by
Swartz & Brough Inc
Bought by
Ih2 Property Phoenix Lp
Seller's Agent
Patrick Harvey
West USA Realty
Buyer's Agent
David Johnson
Dave Johnson Realty
List Price
$79,900
Sold Price
$53,496
Premium/Discount to List
-$26,404
-33.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%

Purchase Details

Closed on
Oct 20, 2009
Sold by
Stein Peter A and Stein Kimberly A
Bought by
Swartz & Brough Inc

Purchase Details

Closed on
Nov 29, 2005
Sold by
Hernandez Ernesto Torres and Hernandez Concepcion V
Bought by
Stein Peter A and Stein Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2002
Sold by
Hernandez Ernest Torres and Hernandez Concepcion V
Bought by
Hernandez Ernesto Torres and Hernandez Concepcion

Purchase Details

Closed on
Oct 3, 1996
Sold by
Hernandez Ernest T and Hernandez Concepcion V
Bought by
Hernandez Ernest Torres and Hernandez Concepcion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.37%
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
2018 2 Ih Borrower Lp -- Os National Llc
Ih2 Property Phoenix Lp $1,569,000 Stewart Title & Trust Of Pho
Ih2 Property Phoenix L P $1,569,000 Stewart Title & Trust Of Pho
Swartz & Brough Inc $34,500 None Available
Stein Peter A $180,000 Arizona Title Agency Inc
Hernandez Ernesto Torres -- --
Hernandez Ernest Torres -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 2 Ih Borrower Lp $1,057,225
Previous Owner Stein Peter A $144,000
Previous Owner Hernandez Ernest Torres $35,000
Closed Stein Peter A $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Rented $950 0.0% --
02/22/2017 02/22/17 Under Contract -- -- --
02/03/2017 02/03/17 For Rent $950 0.0% --
05/22/2013 05/22/13 Sold $53,496 -33.0% $40 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $79,900 0.0% $59 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $79,900 -- $59 / 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 $1,820 $11,115 -- --
2024 $1,776 $10,586 -- --
2023 $1,776 $21,200 $4,240 $16,960
2022 $1,694 $16,550 $3,310 $13,240
2021 $1,688 $14,660 $2,930 $11,730
2020 $1,657 $12,560 $2,510 $10,050
2019 $1,628 $11,520 $2,300 $9,220
2018 $643 $8,760 $1,750 $7,010
2017 $639 $6,830 $1,360 $5,470
2016 $619 $5,650 $1,130 $4,520
2015 $573 $4,560 $910 $3,650
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Robin Christensen

    Invitation Homes

  • Patrick Harvey

    Seller's Agent in 2013

    Patrick Harvey

    West USA Realty

    (480) 390-7369

    13 Total Sales

    Patrick Harvey
    Section Image

  • D

    Buyer's Agent in 2013

    David Johnson

    Dave Johnson Realty

    (520) 906-8111

    56 Total Sales

    David Johnson
    Section Image
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Map

Arizona Maricopa County Phoenix 85009 Maryvale

2540 N 40th Ave, Phoenix, AZ

This home is located at 2540 N 40th Ave, Phoenix, AZ 85009 and is currently estimated at $316,899, approximately $293 per square foot. 2540 N 40th Ave is a home located in Maricopa County with nearby schools including P T Coe Elementary School, Isaac Middle School, and Carl Hayden 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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