2625 N 40th Dr Phoenix, AZ 85009
Maryvale NeighborhoodEstimated payment $2,755/month
Total Views
9,433
5
Beds
3
Baths
1,700
Sq Ft
$274
Price per Sq Ft
Highlights
- RV Gated
- Granite Countertops
- Double Pane Windows
- Phoenix Coding Academy Rated A
- No HOA
- Mini Split Air Conditioners
About This Home
This property offers incredible versatility with a main home and two additional units, all featuring private entrances. Perfect for investors looking for maximum rental income. This property has been thoughtfully designed and remodeled with quality and longevity in mind. From new appliances and modern finishes to structural upgrades like plumbing and electrical systems, every detail has been done right. KEY UPGRADES: *New upgraded 200-amp electrical panel with each unit on its own circuit. Key Upgrades Continued:
* Newer roof
* Newer AC Unit
* Low E Dual Pane Windows in some units.
* Shared laundry for tenant convenience
* New mini-split in Unit 3 for comfort
* Termite treatment completed with a 1-year warranty
* New concrete pathways and driveway, providing additional
parking
* Freshly painted throughout
Main House Features:
* 3 Bedrooms, 1 Bathroom
* Completely remodeled with updated kitchen, bathroom, and living spaces
Unit 2 & Unit 3 Features:
* 1 Bedroom, 1 Bathroom each
* Fully equipped kitchens with brand-new appliances.
* Private entrances for enhanced privacy
Located in a popular area, this rare property offers exceptional potential for buyers looking for a multi-family option or investors ready to maximize rental income. Don't miss this incredible opportunity!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,709
Year Built
- Built in 1959
Lot Details
- 6,582 Sq Ft Lot
- Wood Fence
- Block Wall Fence
- Chain Link Fence
Home Design
- Composition Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,700 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Low Emissivity Windows
Kitchen
- Kitchen Updated in 2024
- Built-In Microwave
- Granite Countertops
Flooring
- Floors Updated in 2024
- Tile Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom Updated in 2024
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
Parking
- 3 Open Parking Spaces
- RV Gated
Schools
- Isaac Online Prep Academy Elementary School
- Isaac Middle School
- Maryvale High School
Utilities
- Cooling System Updated in 2024
- Mini Split Air Conditioners
- Central Air
- Heating System Uses Natural Gas
- Plumbing System Updated in 2024
- Wiring Updated in 2024
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Encanto Village 2 Subdivision
Listing and Financial Details
- Tax Lot 326
- Assessor Parcel Number 108-31-146
Map
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Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | For Sale | $465,000 | +73.5% | $274 / Sq Ft |
| 08/29/2024 08/29/24 | Sold | $268,000 | -14.9% | $158 / Sq Ft |
| 08/22/2024 08/22/24 | Pending | -- | -- | -- |
| 08/21/2024 08/21/24 | For Sale | $315,000 | 0.0% | $185 / Sq Ft |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | For Sale | $315,000 | +530.0% | $185 / Sq Ft |
| 06/19/2013 06/19/13 | Sold | $50,000 | 0.0% | $51 / Sq Ft |
| 06/13/2013 06/13/13 | Pending | -- | -- | -- |
| 06/12/2013 06/12/13 | For Sale | $50,000 | -- | $51 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Wfg National Title Insurance C | |
| Warranty Deed | $265,000 | Navi Title Agency | |
| Warranty Deed | $268,000 | Navi Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $100,000 | North American Title Company | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | $50,000 | Lawyers Title Of Arizona Inc | |
| Interfamily Deed Transfer | -- | Lawyers Title Of Arizona Inc | |
| Cash Sale Deed | $24,500 | Lawyers Title Of Arizona Inc | |
| Interfamily Deed Transfer | -- | Lawyers Title Of Arizona Inc | |
| Special Warranty Deed | -- | Lawyers Title Of Arizona Inc | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $298,500 | New Conventional | |
| Previous Owner | $212,000 | New Conventional | |
| Previous Owner | $25,907 | VA | |
| Previous Owner | $148,464 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $149,000 | New Conventional | |
| Previous Owner | $98,188 | FHA | |
| Previous Owner | $65,075 | Purchase Money Mortgage | |
| Previous Owner | $312,200 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $46,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6863423
APN: 108-31-146
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.
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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