NOT LISTED FOR SALE

2625 N 40th Dr Unit 2 Phoenix, AZ 85009

Maryvale Neighborhood

Estimated Value: $266,000 - $462,220

5 Beds
1 Bath
300 Sq Ft
$1,150/Sq Ft Est. Value

About This Home

This home is located at 2625 N 40th Dr Unit 2, Phoenix, AZ 85009 and is currently estimated at $345,055, approximately $1,150 per square foot. 2625 N 40th Dr Unit 2 is a home located in Maricopa County with nearby schools including P T Coe Elementary School, Isaac Middle School, and Carl Hayden High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Capital Home Az Llc
Bought by
Homes 40Th Dr Llc
Current Estimated Value
$345,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,500
Outstanding Balance
$298,500
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$46,991

Purchase Details

Closed on
Aug 30, 2024
Sold by
Cactus Equity Az Llc
Bought by
Capital Homes Az Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2018
Sold by
Lopez Rachel
Bought by
Lopez Rachel and Caraballo Angel Luis Vega

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2015
Sold by
Silva Jose Luis Heredia and Garcia Maria Olivia Espinoza
Bought by
Lopez Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,188
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2014
Sold by
Skyline Asset Management Llc
Bought by
Silva Jose Luis Heredia and Garcia Maria Olivia Espinoza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,075
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2013
Sold by
Delgadillo Jesus
Bought by
Skyline Asset Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2013
Sold by
Estrada Chris and Estrada Falicidy
Bought by
Delgadillo Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2013
Sold by
Carmelo Tina M
Bought by
Carmelo Tina M and Carmelo Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2013
Sold by
Carmelo Tina M and Carmelo Joseph
Bought by
Estrada Chris and Estrada Falicidy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2013
Sold by
Carmelo Joseph
Bought by
Carmelo Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2009
Sold by
Gomez Manuel D
Bought by
Carmelo Tina M

Purchase Details

Closed on
Jan 29, 2002
Sold by
Gomez Manuel R and Gomez Socorro D
Bought by
Gomez Manuel D and Gomez Socorro D
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Homes 40Th Dr Llc -- Wfg National Title Insurance C
Capital Homes Az Llc $265,000 Navi Title Agency
Cactus Equity Az Llc $268,000 Navi Title Agency
Lopez Rachel -- None Available
Lopez Rachel $100,000 North American Title Company
Silva Jose Luis Heredia -- None Available
Skyline Asset Management Llc -- None Available
Delgadillo Jesus $50,000 Lawyers Title Of Arizona Inc
Carmelo Tina M -- Lawyers Title Of Arizona Inc
Estrada Chris $24,500 Lawyers Title Of Arizona Inc
Carmelo Tina M -- Lawyers Title Of Arizona Inc
Carmelo Tina M -- Lawyers Title Of Arizona Inc
Carmelo Tina M -- None Available
Gomez Manuel D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homes 40Th Dr Llc $298,500
Previous Owner Capital Homes Az Llc $212,000
Previous Owner Lopez Rachel $25,907
Previous Owner Caraballo Angel Luis Vega $148,464
Previous Owner Lopez Rachel $149,000
Previous Owner Lopez Rachel $98,188
Previous Owner Silva Jose Luis Heredia $65,075
Previous Owner Skyline Asset Management Llc $312,200
Previous Owner Delgadillo Jesus $46,000
Source: Public Records

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 $1,759 $10,739 -- --
2024 $1,716 $10,228 -- --
2023 $1,716 $21,170 $4,230 $16,940
2022 $1,636 $16,800 $3,360 $13,440
2021 $1,631 $14,210 $2,840 $11,370
2020 $1,601 $12,170 $2,430 $9,740
2019 $1,629 $11,130 $2,220 $8,910
2018 $568 $8,460 $1,690 $6,770
2017 $498 $6,510 $1,300 $5,210
2016 $483 $5,370 $1,070 $4,300
2015 $556 $4,300 $860 $3,440
Source: Public Records

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