$53,496
SOLD MAY 22, 2013

2540 N 40th Ave Phoenix, AZ 85009

Maryvale Neighborhood
3 Beds
2 Baths
1,350 Sq Ft
6,011 Sq Ft Lot

Recently Sold

$40 Per Sq Ft

33% Below List Price

15 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Heating Available
  • Phoenix Coding Academy Rated A
  • High Speed Internet
  • 1-Story Property

About This Home

As of May 2013

TENANT OCCUPIED -- please do not disturb tenants. Very nice 3/2 home in a good area. Large yard, garage conversion. tax records may not reflect actual square footage due to additions, buyer to verify square footage if it is important.

Last Agent to Sell the Property

Patrick Harvey

West USA Realty License #BR555699000 Listed on: 03/29/2013

West USA Realty

Last Buyer's Agent

David Johnson

Dave Johnson Realty License #BR626902000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $435

Year Built

  • Built in 1959

Lot Details

  • 6,011 Sq Ft Lot
  • Block Wall Fence

Home Design

  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • P T Coe Elementary School
  • Pueblo Elementary Middle School
  • Carl Hayden High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Encanto Village Subdivision

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 108-29-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$435

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: Thomas Road and 43rd Avenue
  • Legal Info Range: 2E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Year Built: 1959
  • Tax Year: 2012
  • Directions: South on 43rd Avenue to Sheridan* East on Sheridan until it turns into Wilshire* Then North on 40th to Home.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.14
  • Subdivision Name: Encanto Village
  • Special Features: None

Interior Features

  • Basement: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1350.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Tile
  • Construction:Block: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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

Schools

  • Elementary School: P T Coe Elementary School
  • High School: Carl Hayden High School
  • Middle Or Junior School: Pueblo Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6011.0
  • Parcel #: 108-29-047
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 435.0
  • Tax Book Number: 108.00
  • Tax Lot: 47
  • Tax Map Number: 29.00

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
Total Days on Market
15
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:

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- Os National Llc
Cash Sale Deed $1,569,000 Stewart Title & Trust Of Pho
Cash Sale Deed $1,569,000 Stewart Title & Trust Of Pho
Trustee Deed $34,500 None Available
Warranty Deed $180,000 Arizona Title Agency Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,057,225 Construction
Previous Owner $144,000 New Conventional
Previous Owner $35,000 No Value Available
Closed $18,000 No Value Available
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
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 $1,820 $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

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4911621

Arizona Regional Multiple Listing Service (ARMLS)

APN: 108-29-047

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 priced at $53,496, approximately $39 per square foot. This property was built in 1959. 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.

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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