$108,000
SOLD SEP 1, 2017

2702 N 40th Dr Phoenix, AZ 85009

Maryvale Neighborhood
3 Beds
2 Baths
1,290 Sq Ft
7,087 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • RV Gated
  • Corner Lot
  • Covered patio or porch
  • Phoenix Coding Academy Rated A
  • No HOA
  • No Interior Steps

About This Home

As of March 2018

Great investment property on a corner lot! The home features solid block construction and has great bones. It is conveniently located in a fantastic rental area near Downtown Phoenix, the I-17, and the I-10. The property will require extensive work. Cash offers only.

Last Agent to Sell the Property

James Lanier

Lanier Real Estate, LLC License #BR649257000 Listed on: 08/16/2017

Last Buyer's Agent

Richard Placencia

DeLex Realty License #SA630054000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $513

Year Built

  • Built in 1961

Lot Details

  • 7,087 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Grass Covered Lot

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • RV Gated

Schools

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

Additional Features

  • No Interior Steps
  • Covered patio or porch
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Encanto Village 2 Subdivision

Listing and Financial Details

  • Tax Lot 287
  • Assessor Parcel Number 108-31-107

Home Details

Home Type

Single Family

Est. Annual Taxes

$513

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 43rd Ave & Thomas
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1961
  • Tax Year: 2016
  • Directions: From 43rd Ave, East on Thomas, South (right) on 41st Ave, East (left) on Windsor to home on the corner of 40th Dr & Windsor.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: ENCANTO VILLAGE 2
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 1290.0
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Fireplace:No Fireplace: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Chain Link, Wood
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Corner Lot, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: RV Gate
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: City Water
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • 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: P T Coe Elementary School
  • High School: Carl Hayden High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Isaac Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7087.0
  • Parcel #: 108-31-107
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 513.0
  • Tax Book Number: 108.00
  • Tax Lot: 287
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2018
Closed on
Mar 15, 2018
Sold by
Best Remodeling Solutions Llc
Bought by
Carrasco Yesenia Perez
Seller's Agent
Monica Placencia
DeLex Realty
Buyer's Agent
Irma Gamez
HomeSmart
List Price
$174,900
Sold Price
$174,900
Total Days on Market
4
Current Estimated Value
$338,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,540
Avg. Annual Appreciation
9.59%
Original Mortgage
$171,731
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 16, 2017
Closed on
Aug 31, 2017
Sold by
Maricopoly Llc
Bought by
Best Remodeling Solutions Llc
Seller's Agent
James Lanier
Lanier Real Estate, LLC
Buyer's Agent
Richard Placencia
DeLex Realty
List Price
$109,900
Sold Price
$108,000
Premium/Discount to List
-$1,900
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
144.18%
Original Mortgage
$25,000
Interest Rate
3.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 5, 2017
Sold by
Weston Barbara Lynn and Weston Phillip Darron
Bought by
Maricopoly Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 6, 1991
Sold by
Friedberg Richard and Friedberg Jack
Bought by
Weston Phillip Darron and Weston Barbara Lynn
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
Warranty Deed $174,900 Security Title Agency Inc
Special Warranty Deed $108,000 Empire West Title Agency Llc
Trustee Deed $99,900 Accommodation
Joint Tenancy Deed -- Network Escrow & Title Agenc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,500 New Conventional
Closed $171,731 FHA
Previous Owner $25,000 Unknown
Previous Owner $80,000 Unknown
Previous Owner $97,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $174,900 0.0% $136 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $174,900 0.0% $136 / Sq Ft
01/14/2018 01/14/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $174,900 +61.9% $136 / Sq Ft
09/01/2017 09/01/17 Sold $108,000 -1.7% $84 / Sq Ft
08/16/2017 08/16/17 For Sale $109,900 -- $85 / 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 $1,695 $11,405 -- --
2024 $1,651 $10,862 -- --
2023 $1,651 $21,670 $4,330 $17,340
2022 $1,566 $17,000 $3,400 $13,600
2021 $1,503 $15,010 $3,000 $12,010
2020 $1,470 $12,900 $2,580 $10,320
2019 $1,437 $11,820 $2,360 $9,460
2018 $603 $8,960 $1,790 $7,170
2017 $529 $7,020 $1,400 $5,620
2016 $513 $5,810 $1,160 $4,650
2015 $466 $4,650 $930 $3,720
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Monica Placencia

    DeLex Realty

  • I

    Buyer's Agent in 2018

    Irma Gamez

    HomeSmart

    (602) 518-7245

    1 in this area

    13 Total Sales

    Irma Gamez
    Section Image
  • James Lanier

    Seller's Agent in 2017

    James Lanier

    Lanier Real Estate, LLC

    (602) 930-6972

    3 in this area

    307 Total Sales

    James Lanier
    Section Image

  • R

    Buyer's Agent in 2017

    Richard Placencia

    DeLex Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5647070

Arizona Regional Multiple Listing Service (ARMLS)

APN: 108-31-107

Arizona Maricopa County Phoenix 85009 Maryvale

2702 N 40th Dr, Phoenix, AZ

This home is located at 2702 N 40th Dr, Phoenix, AZ 85009 and is currently priced at $108,000, approximately $83 per square foot. This property was built in 1961. 2702 N 40th Dr 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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