NOT LISTED FOR SALE

2924 N 40th Ln Phoenix, AZ 85019

Maryvale Neighborhood

Estimated Value: $320,000 - $352,000

3 Beds
2 Baths
1,592 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 09, 2013

Last sale price $59,900 $38 Per Sq Ft

Est. 464% increase in value since last sale

Current estimated payment $1,835/month

13 Days on Market

Highlights

  • No HOA
  • Fireplace
  • 1-Story Property
  • Phoenix Coding Academy Rated A
  • Heating Available
  • 5-minute walk to Ladmo Park

About This Home

As of May 2013

Not an REO or shortsale.
Investor Special..Cash Only
Nice 3/2 family home in need of new roof. Easy remodel!!
Nice quiet neighborhood, close to all amenities and freeways.

Last Agent to Sell the Property

Avril Hogan

ARC Real Estate License #BR549153000 Listed on: 04/16/2013

Last Buyer's Agent

Carrie Grant

HomeSmart License #SA526700000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 1958

Lot Details

  • 7,261 Sq Ft Lot

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,592 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Isaac E IMES Elementary School
  • Isaac Middle School
  • Alhambra High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Maryvale Terrace Subdivision

Listing and Financial Details

  • Tax Lot 3930
  • Assessor Parcel Number 107-38-123

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Thomas and 40th Lane
  • 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: 1958
  • Tax Year: 2102
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Subdivision Name: Maryvale Terrace
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 37.63
  • Special Features: None

Interior Features

  • Basement: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: Other, See Remarks
  • Fireplace: Yes
  • Living Area: 1592.0
  • Stories: 1
  • Fireplace:Other (See Remarks)14: Yes
  • Kitchen Features:None42: Yes

Exterior Features

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Other, See Remarks
  • 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: Isaac E Imes School
  • High School: Alhambra High School
  • Middle Or Junior School: Isaac Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7261.0
  • Parcel #: 107-38-123
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 525.0
  • Tax Book Number: 107.00
  • Tax Lot: 3930
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2021
Sold by
Cuevas Rocio A Avila
Bought by
Cuevas Rocio A Avila and Chavez Siete Galileo
Current Estimated Value
$337,971

Purchase Details

Closed on
Mar 23, 2015
Sold by
Chavez Siete Galileo Nunez and Cuevas Rocio Ariana Avila
Bought by
Cuevaas Rocio Ariana Avila and Cuevas Rocia A Avila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,511
Outstanding Balance
$24,348
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$313,623

Purchase Details

Listed on
Apr 16, 2013
Closed on
May 23, 2013
Sold by
Powerhouse Investment Group Llc
Bought by
Chavez Siete Galileo Nunez and Cuevas Rocia A Avila
Seller's Agent
Avril Hogan
ARC Real Estate
Buyer's Agent
Carrie Grant
HomeSmart
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%
Original Mortgage
$60,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 16, 2013
Closed on
May 7, 2013
Sold by
Recinos Jessica
Bought by
Delgadillo Alex
Seller's Agent
Avril Hogan
ARC Real Estate
Buyer's Agent
Carrie Grant
HomeSmart
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2013
Sold by
Colfin Ai Az 1 Llc
Bought by
Csfr Colfin American Investors Trs Llc

Purchase Details

Closed on
May 14, 2012
Sold by
Worldwide Processors Llc
Bought by
Colfin Ai-Az 1 Llc

Purchase Details

Closed on
Aug 24, 2010
Sold by
Delos Rios Abelardo
Bought by
Worldwide Processors Llc

Purchase Details

Closed on
Jul 22, 2005
Sold by
Hampton Connie M
Bought by
Delos Rios Abelardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2000
Sold by
Stclair Connie M
Bought by
Hampton Connie M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cuevas Rocio A Avila -- None Available
Cuevaas Rocio Ariana Avila -- Grand Canyon Title Agency
Chavez Siete Galileo Nunez $75,900 Security Title Agency
Powerhouse Investment Group Llc -- Security Title Agency
Delgadillo Alex -- American Title Service Agenc
Delgadillo Alex $59,900 American Title Service Agenc
Csfr Colfin American Investors Trs Llc -- Accommodation
Colfin Ai-Az 1 Llc $6,908,422 Lawyers Title Of Arizona Inc
Worldwide Processors Llc $36,000 None Available
Delos Rios Abelardo $130,000 First American Title Ins Co
Hampton Connie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuevaas Rocio Ariana Avila $65,511
Closed Powerhouse Investment Group Llc $60,000
Closed Delgadillo Alex $50,000
Previous Owner Delos Rios Abelardo $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2013 05/09/13 Sold $59,900 0.0% $38 / Sq Ft
04/16/2013 04/16/13 For Sale $59,900 -- $38 / 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 $695 $4,733 -- --
2024 $685 $4,508 -- --
2023 $685 $23,400 $4,680 $18,720
2022 $650 $17,800 $3,560 $14,240
2021 $624 $14,680 $2,930 $11,750
2020 $610 $13,550 $2,710 $10,840
2019 $596 $11,760 $2,350 $9,410
2018 $632 $10,250 $2,050 $8,200
2017 $554 $8,270 $1,650 $6,620
2016 $538 $6,810 $1,360 $5,450
2015 $489 $6,070 $1,210 $4,860
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Avril Hogan

    ARC Real Estate

    (602) 524-3824

    Avril Hogan
    Section Image

  • C

    Buyer's Agent in 2013

    Carrie Grant

    HomeSmart

    (602) 434-9527

    7 Total Sales

    Carrie Grant
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4921481

Arizona Regional Multiple Listing Service (ARMLS)

APN: 107-38-123

Arizona Maricopa County Phoenix 85019 Maryvale

2924 N 40th Ln, Phoenix, AZ

Not Listed for Sale

Detached

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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